Bridgecrest Auto Funding LLC: files opinions for issuance of Class A-1 to Class E notes

What happened Bridgecrest Auto Funding LLC filed a Current Report on Form 8-K on Oct 13, 2026 reporting that it filed unqualified legality and tax opinions in connection with the issuance of Class A-1 Auto Loan Asset Backed Notes, Class A-2 Auto Loan Asset Backed Notes, Class A-3 Auto Loan Asset Backed Notes, Class B Auto Loan Asset Backed Notes, Class C Auto Loan Asset Backed Notes, Class D Auto Loan Asset Backed Notes and Class E Auto Loan Asset Backed Notes described in the Prospectus dated Oct 8, 2026 for Bridgecrest Lending Auto Securitization Trust 2026-4. The filing states it was made to satisfy an undertaking to file unqualified legality and tax opinions at the time of each takedown from the Registration Statement.

Key details

• The filing reports Items 8.01 (Other events) and 9.01 (Financial statements and exhibits).
• Mayer Brown LLP delivered the legality and tax opinions attached as Exhibit 5.1 and Exhibit 8.1, respectively.
• Morris James LLP delivered an opinion with respect to enforceability of the Grantor Trust Certificate attached as Exhibit 5.2.
• Prospectus date is Oct 8, 2026; Form 8-K was filed on Oct 13, 2026.

Why it may matter The filing reports Item 8.01, which covers other events related to the issuance, and Item 9.01, which covers the attachment of financial statements and exhibits (here, the legal and tax opinions and the enforceability opinion). The filing shows the delivery and attachment of those opinions in connection with the issuance of the noted classes of auto loan asset backed notes. The filing does not show why the insider traded or why the company acted.