Material Event Form 8 K

On November 19, 2024, Capital One Auto Receivables, LLC ("COAR") and Capital One, National Association (the "Bank") entered into an underwriting agreement (the "Underwriting Agreement") with J.P. Morgan Securities LLC, BofA Securities, Inc. and Wells Fargo Securities, LLC, each as underwriter and as representative of the several underwriters identified therein, for the sale of the following notes to be issued by Capital One Prime Auto Receivables Trust 2024-1 (the "Issuing Entity"): Class A-2a 4.61% Auto Loan Asset Backed Notes in an initial amount of $299,060,000, Class A-2b SOFR Rate + 0.32% Auto Loan Asset Backed Notes in an initial amount of $74,860,000, Class A-3 4.62% Auto Loan Asset Backed Notes in an initial amount of $373,920,000 and Class A-4 4.66% Auto Loan Asset Backed Notes in an initial amount of $62,160,000 (collectively, the "Publicly Registered Notes"). The Issuing Entity will also issue $200,000,000 of Class A-1 Auto Loan Asset Backed Notes, $15,740,000 of Class A-2a Auto Loan Asset Backed Notes, $3,940,000 of Class A-2b Auto Loan Asset Backed Notes, $19,680,000 of Class A-3 Auto Loan Asset Backed Notes, $3,280,000 of Class A-4 Auto Loan Asset Backed Notes, $10,850,000 of Class B Auto Loan Asset Backed Notes, $10,850,000 of Class C Auto Loan Asset Backed Notes, and $10,850,000 of Class D Auto Loan Asset Backed Notes (collectively, the "Retained Notes," and together with the Publicly Registered Notes, the "Notes"). The Notes have an aggregate principal balance of $1,085,190,000 and will be issued on or about November 26, 2024 (the "Closing Date").

Attached as Exhibit 1.1 is the Underwriting Agreement.