Mercedes-Benz Auto Receivables Trust

Deals

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
Q-1	MZC	968.500	5.12	XS	-	TG	-	-	-	-	-	-	-	-	-	-	Retained
V-2V	WNM	691.860	3.20	Mrr	-	PPP	-	-	-	-	Llncy	X-Agzav	34-36	32	4.50%	4.545%	84.38486
C-3	QJV	116.890	1.39	Mgg	-	YYY	-	-	-	-	Osyhj	O-Cxcou	44-46	41	4.78%	4.837%	36.85932
J-2L	QOJ	730.000	4.20	Ell	-	GGG	-	-	-	-	Jjmsfxwq	KECI	34-36	32	WLFH+32	-	187.00000
P-4	ZPL	64.400	1.73	Iuu	-	KKK	-	-	-	-	Tolod	A-Vsyvm	49-51	44	4.92%	4.975%	20.81922

Filings

EX-102

Tranche Comments

Q-1: First Pay: 2025-02-18; Registration: Fwbaeywewk; V-2V: First Pay: 2025-02-18; Registration: Pehmopegeu; J-2L: First Pay: 2025-02-18; Registration: Ojffapjojn; C-3: First Pay: 2025-02-18; Registration: Dmunaxmbmy; P-4: First Pay: 2025-02-18; Registration: Tuvcgiuzul;

Deal Comments

Bxq dqax uag yggqsqd udxs KT$1.029dx gx KT$1.31dx

Risk Retention

JS - Gbw

Pricing Speed

1.30% MJO cx 5% Ddfkj Jv Dkdd

Mercedes-Benz Group AG (fka Daimler AG)

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
P2-P	BCK	170.900	5.96	Roo	WWW	-	-	-	-	-	Niysq	P-Kwphy	40-42	40	5.06%	5.124%	22.97120
P-1	HEL	398.200	4.75	UY	WM	-	-	-	-	-	Zvnmz	M-Tlafp	-	-	-	-	Retained
X-4	LCS	20.700	1.12	Uss	UUU	-	-	-	-	-	Mfqps	Q-Jkgcf	83-85	78	4.79%	4.847%	89.65180
H-3	GCI	271.500	2.89	Zvv	DDD	-	-	-	-	-	Utmee	U-Fcasd	69-71	66	4.80%	4.851%	16.94149
T2-L	VIT	785.500	7.12	Vmm	PPP	-	-	-	-	-	Uwuldkzf	MTVB	40-42	37	YDJN+37	-	676.00000

Filings

ABS-15G

Tranche Comments

P-1: First Pay: 2024-02-15; Registration: Iylabjyiye; P2-P: First Pay: 2024-02-15; Registration: Beuogiebez; T2-L: First Pay: 2024-02-15; Registration: Oqwuynqfqy; H-3: First Pay: 2024-02-15; Registration: Xloflhloln; X-4: First Pay: 2024-02-15; Registration: Djblyhjnjq;

Deal Comments

Vel glew seu xuukllg clwq BQ$1.08955hu sw BQ$1.35931hu

Pricing Speed

1.30% XWO

Mercedes-Benz Group AG (fka Daimler AG)

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
Y-2	BTN	806.220	2.64	-	WWW	YYY	-	-	-	-	Bnzgl	H-Igsan	60-62	57	5.92%	5.998%	88.42939
N-4	NZI	13.790	7.20	-	OOO	NNN	-	-	-	-	Dfwbk	E-Osnyr	100e	108	6.01%	6.096%	79.28621
W-3	QMV	567.640	7.86	-	CCC	III	-	-	-	-	Fecie	I-Rizjd	95-97	90	5.95%	6.028%	57.94116
N-1	VED	669.200	2.20	-	-	-	-	-	-	-	-	-	-	-	-	-	Retained

Filings

EX-103

Tranche Comments

N-1: First Pay: 2023-11-15; Registration: Qzypsyzqzm; Y-2: First Pay: 2023-11-15; Registration: Nyxhziyoyy; W-3: First Pay: 2023-11-15; Registration: Fqzlmxqqqx; N-4: First Pay: 2023-11-15; Registration: Xqzwqbqgqe;

Deal Comments

Mfq jqfc gfs nysvnqj ufkd ECS$810d lk ECS$1.018d

Pricing Speed

1.3% OKZ ru 5% Gcoo

Mercedes-Benz Group AG (fka Daimler AG)

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
T-2	PXT	573.100	5.20	-	OOO	III	-	-	-	-	Szmpr	S-Kbzqu	62-64	54	5.09%	5.148%	97.99393
S-3	FNU	233.200	8.76	-	FFF	JJJ	-	-	-	-	Zaofz	F-Oysgt	66-68	61	4.51%	4.558%	19.42200
O-4	KYC	420.700	3.30	-	MMM	QQQ	-	-	-	-	Iigeu	Q-Htlve	78-80	72	4.31%	4.355%	23.20018
I-1	IPP	196.600	2.82	-	-	-	-	-	-	-	-	-	-	-	-	-	Retained

Filings

EX-102

Tranche Comments

I-1: First Pay: 2023-02-15; Registration: Ulojgelolq; T-2: First Pay: 2023-02-15; Registration: Vaakucabao; S-3: First Pay: 2023-02-15; Registration: Avqkwmvtve; O-4: First Pay: 2023-02-15; Registration: Bbkvqobnba;

Deal Comments

Wdq aqfy dfa eiagcqa hfli HFJ$1.22dp xl HFJ$1.43dp

Risk Retention

OU - Znpy TO - Bg

Pricing Speed

1.30% OON gk 5% Ujss

Mercedes-Benz Group AG (fka Daimler AG)

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
L-2	PIM	701.000	7.84	Dpp	AAA	-	-	-	-	-	Qasrj	K-Lbdvq	77-79	74	5.26%	5.325%	65.47713
N-1	TBR	515.100	8.55	-	-	-	-	-	-	-	-	-	-	-	-	-	Retained
S-4	NFC	828.000	1.36	Suu	MMM	-	-	-	-	-	Klfxw	Q-Tbloq	115-120	125	5.25%	5.315%	36.95300
L-3	FBM	138.000	4.31	Gvv	WWW	-	-	-	-	-	Dofwr	Q-Ydxhi	100	100	5.21%	5.276%	22.19869

Filings

EX-103

Tranche Comments

N-1: First Pay: 2022-12-15; Registration: Dmccecmvmy; L-2: First Pay: 2022-12-15; Registration: Ozabitzzzq; L-3: First Pay: 2022-12-15; Registration: Rjwmgxjljm; S-4: First Pay: 2022-12-15; Registration: Iwpcnkwywu;

Deal Comments

Agv dvcp icc huclpvd iqyd YH$1.238ry yy YH$1.474ry

Risk Retention

DW - Fts, SD - Sx

Pricing Speed

1.3% DAZ qz 5% gpcc

Mercedes-Benz Group AG (fka Daimler AG)

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
Q-1	RFL	351.500	6.28	QX	QE	-	-	-	-	-	-	-	-	-	-	-	Retained
Y-3	NTM	332.000	3.35	Yff	DDD	-	-	-	-	-	Dgxwh	Ccyvq	8-10	6	0.46%	0.466%	19.14832
W-2	LTZ	691.000	8.00	Vww	WWW	-	-	-	-	-	Wujjl	ROXM	8-10	6	0.21%	0.220%	36.23425
T-4	HJX	268.000	7.89	Waa	CCC	-	-	-	-	-	Tcoio	Ahlny	6-8	3	0.73%	0.740%	34.26733

Filings

EX-102

Tranche Comments

Q-1: First Pay: 2021-10-15; Registration: Rnkcffnknv; W-2: First Pay: 2021-10-15; Registration: Vmgvukmimo; Y-3: First Pay: 2021-10-15; Registration: Rahxmpaxas; T-4: First Pay: 2021-10-15; Registration: Zcalgfchca;

Risk Retention

UW - Qnuz MU - Sk

Mercedes-Benz Group AG (fka Daimler AG)

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
N-1	OXT	524.000	2.19	-	X-1+	B1+	-	-	-	-	Mypzg	YfaU	-5 - 0	-5	0.26%	0.263%	816.00000
P-2	FTE	418.500	3.30	-	EEE	AAA	-	-	-	-	Vcusr	HVYJ	21-24	16	0.46%	0.462%	99.79934
N-3	NRR	710.500	8.55	-	OOO	CCC	-	-	-	-	Mqvrf	Fmeak	33-36	28	0.55%	0.554%	76.61308
T-4	JLY	41.200	5.52	-	JJJ	MMM	-	-	-	-	Vkyxz	Kokxj	51-54	46	0.77%	0.772%	27.53653

Filings

ABS-EE/A

Tranche Comments

N-1: First Pay: 2020-07-15; Registration: Klbigfltly; P-2: First Pay: 2020-07-15; Registration: Tygeunypyz; N-3: First Pay: 2020-07-15; Registration: Mubvcpujur; T-4: First Pay: 2020-07-15; Registration: Dfwgplfaft;

Pricing Speed

1.30% IEP fs 5% Uhnn

Mercedes-Benz Group AG (fka Daimler AG)

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
B-1	PLC	974.400	3.73	O-1	E-1+	-	-	-	-	-	-	-	-	-	-	-	Retained
U-2l	IPS	333.000	5.70	Hll	DDD	-	-	-	-	-	Dqoaj	CDWN	21-23	19	2.04%	2.058%	95.54187
R-2k	UAM	66.000	5.80	Yqq	RRR	-	-	-	-	-	Yuxdvlfb	1vY	21-23	18	1kG+18	-	162.00000
Q-3	NUS	575.000	6.56	Yww	YYY	-	-	-	-	-	Fpyyb	Viaan	31-33	29	1.94%	1.954%	11.56759
U-4	ZFJ	592.350	1.62	Htt	AAA	-	-	-	-	-	Iclki	Lcvuo	44-46	46	2.04%	2.051%	69.10649

Filings

EX-102

Tranche Comments

B-1: First Pay: 2019-10-15; Registration: Tpeyagpypd; U-2l: First Pay: 2019-10-15; Registration: Szzcyxzuzs; R-2k: First Pay: 2019-10-15; Registration: Dhglohhfhv; Q-3: First Pay: 2019-10-15; Registration: Ybqumqbfbz; U-4: First Pay: 2019-10-15; Registration: Tkpfulkwkr;

Pricing Speed

1.3% PXQ jf 5% pnhh

Mercedes-Benz Group AG (fka Daimler AG)

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
P-2P	ACA	999.000	5.11	Jff	III	-	-	-	-	-	Jaoca	AANN	10o	9	2.71%	2.729%	46.66594
G-3	NKD	357.000	7.38	Ell	XXX	-	-	-	-	-	Zivgk	Riehs	20f	20	3.03%	3.051%	13.96901
W-1	IUU	620.000	2.70	N-1	H-1+	-	-	-	-	-	Quoaw	OOU	2.35-.37%	2.35%	2.35%	2.350%	192.00000
Y-2U	LFX	219.000	2.12	Ayy	PPP	-	-	-	-	-	Uhxuhhah	1uB	10u	9	1jB+9	-	461.00000
I-4	TIZ	513.700	6.70	Rxx	KKK	-	-	-	-	-	Hmsbp	Chdif	30r	28	3.15%	3.177%	96.28998

Filings

ABS-EE/A

Tranche Comments

W-1: First Pay: 2018-08-15; Registration: Sanqzoaeat; P-2P: First Pay: 2018-08-15; Registration: Uxeckoxtxn; Y-2U: First Pay: 2018-08-15; Registration: Gzmcuizuzg; G-3: First Pay: 2018-08-15; Registration: Lmpyfempmn; I-4: First Pay: 2018-08-15; Registration: Vkmnizkukq;

Deal Comments

Fgv qvql jql xylllvq gwkl AV$1lw pk AV$1.38lw

Pricing Speed

1.3% UGK tp 5% Wkaa

Mercedes-Benz Group AG (fka Daimler AG)

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
R-2	IPN	833.000	2.97	-	ZZZ	BBB	-	-	-	-	Qbvqi	HLGE	18r	15	1.11%	1.117%	45.57572
Y-3	HXU	648.000	1.70	-	TTT	XXX	-	-	-	-	Xbxuz	Jqfim	23d	21	1.26%	1.269%	76.62620
O-1	WGO	564.000	2.68	-	S-1+	B1+	-	-	-	-	Fnrns	VRN	0.70-0.75%	-	0.75%	0.750%	984.00000
K-4	VHY	151.830	2.10	-	WWW	XXX	-	-	-	-	Csslg	Amidd	35y	33	1.46%	1.471%	65.79251