Mercedes-Benz Auto Lease Trust 2017-A Investor Report Page 1 of 7. Actual/360 Days 31. Balance 381,831, % 411,202,

Transcription

1 Page 1 of 7 Dates Collection Period No. Collection Period (from... to) Determination Date Record Date Payment Date Interest Period of the Class A-1, A-2b Notes (from... to) Interest Period of the Class A-2a, A-3 and A-4 Notes (from... 7/15/ Jun Jul Jul Jul Jun Jun Jun Jul Jul-2018 Actual/360 Days 31 30/360 Days 30 Summary Initial Beginning Ending Principal Payment Principal per $1000 Face Class A-1 Notes 439,000, Class A-2A Notes 675,000,00 337,200, ,779, ,421, Class A-2B Notes 225,000,00 112,400, ,926, ,473, Class A-3 Notes 453,000,00 453,000,00 453,000, Class A-4 Notes 175,896,00 175,896,00 175,896, Total Note 1,967,896,00 1,078,497, ,012,602, ,894, Overcollateralization 381,831, ,202, ,202, Total Securitization Value 2,349,727, ,489,699, ,423,804, present value of lease payments 858,232, ,452, ,555, present value of Base Residual Value 1,491,495, ,163,247, ,126,249, Initial Overcollateralization Target Overcollateralization (until Class A-2 Notes are paid in full) Percentage 381,831, % 411,202, % Target Overcollateralization (after Class A-2 Notes are paid in full) 387,705, % Overcollateralization 411,202, % Note Factor

2 Page 2 of 7 Interest Rate Interest Payment Interest per $1000 Face Interest & Principal Payment Interest & Principal Payment per $1000 Face Class A-1 Notes % Class A-2A Notes % 429, ,851, Class A-2B Notes % 220, ,693, Class A-3 Notes % 675, , Class A-4 Notes % 294, , Total 1,620, $67,515,231.66

3 Page 3 of 7 Exchange Note Initial Beginning Ending 2,232,241, ,372,213, ,306,318, Available 2017-A Collections Lease Payments Received Net Sales Proceeds-early terminations (incl Defaulted Leases) Net Sales Proceeds-scheduled terminations Excess wear and tear included in Net Sales Proceeds Excess mileage included in Net Sales Proceeds Subtotal 73,591, Repurchase Payments Advances made by the Servicer Investment Earnings 110, Total Available Collections 27,773, ,966, ,852, , , ,701, Distribution on the Exchange Note (1) Total Servicing Fee Nonrecoverable Advances to the Servicer (2) Exchange Note Interest Distributable (2.02%) (3) Exchange Note Principal Distributable (4) Any amounts by which the sum payable pursuant to Section 8.03(a)(i) through (vii) of the Indenture (or, if applicable, pursuant to Section 5.04(b)(i)through (vii) of the Indenture) exceed the sum of the Exchange Note Interest Distributable and the Exchange Note Principal Distributable (5) Remaining Funds Payable 1,241, ,309, ,894, Total Distribution 73,701, ,255, Available Funds ABS Notes Distributions ABS Notes Total Exchange Note Payments Reserve Account Draw Total Available Funds 68,204, ,204, (1) Total Trustee Fees and any Asset Representations Reviewer fees (max. $250,000 p.a.) (2) Interest Distributable Class A Notes (3) Priority Principal Distribution (4) To Reserve Fund to reach the Reserve Fund Required (5) Regular Principal Distribution (6) Additional Servicing Fee and Transition Costs (7) Total Trustee Fees and any Asset Representations Reviewer fees [not previously paid under (1)] 1,620, ,894, (8) Excess Collections to Certificateholders Total Distribution 689, ,204,815.96

4 Page 4 of 7 Distribution Detail Due Paid Shortfall Total Servicing Fee 1,241, ,241, Total Trustee Fee Monthly Interest Distributable 1,620, ,620, thereof on Class A-1 Notes thereof on Class A-2A Notes 429, , thereof on Class A-2B Notes 220, , thereof on Class A-3 Notes 675, , thereof on Class A-4 Notes 294, , Interest Carryover Shortfall thereof on Class A-1 Notes thereof on Class A-2A Notes thereof on Class A-2B Notes thereof on Class A-3 Notes thereof on Class A-4 Notes Interest Distributable Class A Notes 1,620, ,620, Priority Principal Distribution Regular Principal Distribution 65,894, ,894, Principal Distribution 65,894, ,894,923.67

5 Page 5 of 7 Reserve Fund and Investment Earnings Reserve Fund Reserve Fund Required Reserve Fund - Beginning plus top up Reserve Fund up to the Required plus Net Investment Earnings for the Collection Period minus Net Investment Earnings minus Reserve Fund Draw Reserve Fund - Ending Reserve Fund Deficiency 5,874, ,874, , , ,874, Investment Earnings Net Investment Earnings on the Reserve Fund 8, Net Investment Earnings on the Exchange Note Collection Account 101, Investment Earnings for the Collection Period 110, Notice to Investors

6 Page 6 of 7 Pool Statistics Pool Data Cutoff Date Securitization Value Securitization Value beginning of Collection Period Principal portion of lease payments Terminations- Early Terminations- Scheduled Repurchase Payment (excluding interest) Gross Losses Securitization Value end of Collection Period 2,349,727, ,489,699, ,464, ,051, ,651, ,727, ,423,804, ,402 41,755 40,278 Pool Factor 60.59% As of Cutoff Date Weighted Average Securitization Rate 7.91% 7.90% Weighted Average Remaining Term (months) Weighted Average Seasoning (months) Aggregate Base Residual Value 1,737,055, ,215,085, Cumulative Turn-in Ratio 90.37% Proportion of base prepayment assumption realized life to date Actual lifetime prepayment speed 50.52% 0.47% Delinquency Profile Delinquency Profile * Days Delinquent Days Delinquent Days Delinquent Total ** 1,419,231, ,186, ,081, , ,423,804, , ,278 Percentage 99.68% 0.22% 0.08% 0.02% 10% Delinquency Trigger 4.281% 60+ Delinquency Leases to EOP Aggregate Securitization Value Delinquency Trigger occurred *A lease is not considered delinquent if the amount past due is less than 10% of the payment due under such lease **Based on the actual Securitization Value of the respective leases 0.097% No

7 Page 7 of 7 Loss Statistics Credit Loss Securitization Value of Defaulted Leases, Beg of Collection Period 1,858, Liquidation Proceeds 1,125, Recoveries 344, Principal Net Credit Loss / (Gain) 388, ,886, ,560, ,245, ,080, Cumulative 678 Net Credit Loss / (Gain) as % of Average Securitization Value (annualized): Collection Period Prior Collection Period Second Prior Collection Period Third Prior Collection Period Four Month Average 0.320% % % % 0.156% Cumulative Net Credit Loss / (Gain) as % of Cutoff Date Securitization Value 0.089% Average Net Credit Loss / (Gain) 3, Residual Loss Securitization Value of Liquidated Leases, Beg of Collection Period Sales Proceeds and Other Payments Received Cumulative 44,572, , ,389, ,438 42,935, ,589, Residual Loss / (Gain) Residual Loss / (Gain) as % of Average Securitization Value (annualized): Collection Period Prior Collection Period Second Prior Collection Period Third Prior Collection Period Four Month Average 1,636, ,799, % % % % 1.554% Cumulative Residual Loss / (Gain) as % of Cutoff Date Securitization Value 0.077% Average Residual Loss / (Gain)