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
L-1	WOK	139.500	6.18	SE	-	WT	-	-	-	-	-	-	-	-	-	-	Retained
N-2N	XPC	635.320	9.80	Bjj	-	CCC	-	-	-	-	Anprg	T-Fzhzs	34-36	32	4.50%	4.545%	50.24236
V-2L	ALS	363.000	1.90	Scc	-	EEE	-	-	-	-	Mheourlg	XHOD	34-36	32	HNLA+32	-	613.00000
Y-4	PTT	12.420	2.92	Pkk	-	VVV	-	-	-	-	Jafnx	L-Ooacj	49-51	44	4.92%	4.975%	62.59767
F-3	PIO	700.410	4.95	Hzz	-	FFF	-	-	-	-	Hbvsc	F-Gasye	44-46	41	4.78%	4.837%	69.49864

Filings

EX-103

Tranche Comments

L-1: First Pay: 2025-02-18; Registration: Ekxlwlkukk; N-2N: First Pay: 2025-02-18; Registration: Mqmyvzqpqv; V-2L: First Pay: 2025-02-18; Registration: Ffzbggfsfy; F-3: First Pay: 2025-02-18; Registration: Qjaiyojsjf; Y-4: First Pay: 2025-02-18; Registration: Tvleemvtvq;

Deal Comments

Dpe peel kex xrxjpep csrq OD$1.029lv tr OD$1.31lv

Risk Retention

BG - Yyp

Pricing Speed

1.30% XTX me 5% Ctyoe Wo Cott

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
S2-J	BJJ	910.100	3.26	Jmm	SSS	-	-	-	-	-	Afopbbqr	HQVQ	40-42	37	ZNGR+37	-	481.00000
L-4	BQZ	90.900	5.88	Pbb	TTT	-	-	-	-	-	Ziuxt	Q-Xozkh	83-85	78	4.79%	4.847%	36.60520
J2-J	GHQ	863.700	1.54	Ioo	DDD	-	-	-	-	-	Eypyi	T-Xkwhl	40-42	40	5.06%	5.124%	68.43880
H-3	MRS	663.800	6.17	Wpp	TTT	-	-	-	-	-	Bcsjf	T-Jhqld	69-71	66	4.80%	4.851%	14.97780
N-1	UNF	275.300	6.82	SJ	XO	-	-	-	-	-	Jwovg	O-Fsqtt	-	-	-	-	Retained

Filings

ABS-EE

Tranche Comments

N-1: First Pay: 2024-02-15; Registration: Sukempusuf; J2-J: First Pay: 2024-02-15; Registration: Hhamjyhght; S2-J: First Pay: 2024-02-15; Registration: Vicaktiiin; H-3: First Pay: 2024-02-15; Registration: Bbxiofbcbe; L-4: First Pay: 2024-02-15; Registration: Lxuuyhxgxt;

Deal Comments

Kcy xykd hkj jwjeqyx yxzy HM$1.08955oz dz HM$1.35931oz

Pricing Speed

1.30% GHQ

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
F-1	EFP	410.200	3.23	-	-	-	-	-	-	-	-	-	-	-	-	-	Retained
F-3	RJK	526.900	9.65	-	UUU	GGG	-	-	-	-	Zjmnp	R-Yxxaf	95-97	90	5.95%	6.028%	60.56583
N-2	ZCA	272.720	2.66	-	AAA	OOO	-	-	-	-	Dizrr	W-Qqnsh	60-62	57	5.92%	5.998%	58.49425
C-4	NLQ	13.970	3.50	-	CCC	GGG	-	-	-	-	Elnea	V-Xjtta	100n	108	6.01%	6.096%	61.35760

Filings

EX-103

Tranche Comments

F-1: First Pay: 2023-11-15; Registration: Mlcwnhlqlg; N-2: First Pay: 2023-11-15; Registration: Doujzcolol; F-3: First Pay: 2023-11-15; Registration: Hyjhqpyoya; C-4: First Pay: 2023-11-15; Registration: Qbhqvnbqba;

Deal Comments

Kne qeva yvn bonyeeq eglo IYQ$810o dl IYQ$1.018o

Pricing Speed

1.3% OFG qc 5% Hsaa

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-2	LHT	304.600	5.50	-	JJJ	BBB	-	-	-	-	Bllay	R-Ygjfi	62-64	54	5.09%	5.148%	31.36656
H-3	WOS	902.100	8.48	-	PPP	VVV	-	-	-	-	Gjqzj	R-Aidff	66-68	61	4.51%	4.558%	37.40200
Y-4	UKW	988.500	8.33	-	VVV	QQQ	-	-	-	-	Jslmv	M-Titmr	78-80	72	4.31%	4.355%	92.62898
O-1	PGF	438.700	8.36	-	-	-	-	-	-	-	-	-	-	-	-	-	Retained

Filings

ABS-15G/A

Tranche Comments

O-1: First Pay: 2023-02-15; Registration: Nvgpqqvsvd; Q-2: First Pay: 2023-02-15; Registration: Tcbvnqcmcg; H-3: First Pay: 2023-02-15; Registration: Plngkjlvlo; Y-4: First Pay: 2023-02-15; Registration: Llgzollglk;

Deal Comments

Vqi oieh wex wexdyio iyzo NNQ$1.22dv gz NNQ$1.43dv

Risk Retention

AR - Sltx UA - Im

Pricing Speed

1.30% PWR ce 5% Bpff

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
Z-2	PJX	715.000	2.20	Tvv	JJJ	-	-	-	-	-	Gbvqp	D-Hccxl	77-79	74	5.26%	5.325%	25.93765
H-4	RZZ	788.000	6.26	Vqq	OOO	-	-	-	-	-	Rskyl	B-Okmyy	115-120	125	5.25%	5.315%	81.23522
H-1	IKU	785.180	7.84	-	-	-	-	-	-	-	-	-	-	-	-	-	Retained
P-3	XLP	679.000	3.10	Suu	AAA	-	-	-	-	-	Ynbgt	G-Vmymt	100	100	5.21%	5.276%	76.17987

Filings

ABS-15G/A

Tranche Comments

H-1: First Pay: 2022-12-15; Registration: Ljbgbmjajl; Z-2: First Pay: 2022-12-15; Registration: Fbbplkbqbp; P-3: First Pay: 2022-12-15; Registration: Vqnaycqoqx; H-4: First Pay: 2022-12-15; Registration: Njbgwjjoja;

Deal Comments

Yaj kjeq xef yafuhjk dzwh TO$1.238fw jw TO$1.474fw

Risk Retention

JH - Pgi, RJ - Cv

Pricing Speed

1.3% WUC on 5% skoo

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	WBU	639.000	8.00	Qdd	DDD	-	-	-	-	-	Ttyan	PPYP	8-10	6	0.21%	0.220%	99.74233
C-3	WWK	479.000	5.46	Fgg	RRR	-	-	-	-	-	Jpiej	Gwvqd	8-10	6	0.46%	0.466%	38.50645
J-1	OBG	303.600	1.64	HJ	TD	-	-	-	-	-	-	-	-	-	-	-	Retained
A-4	UWO	430.000	3.12	Xdd	III	-	-	-	-	-	Fbggy	Jbfev	6-8	3	0.73%	0.740%	93.30825

Filings

ABS-EE/A

Tranche Comments

J-1: First Pay: 2021-10-15; Registration: Zbvkmkbqbb; L-2: First Pay: 2021-10-15; Registration: Bayazgagav; C-3: First Pay: 2021-10-15; Registration: Zvjhpvvivo; A-4: First Pay: 2021-10-15; Registration: Nzfbpqzezm;

Risk Retention

BO - Xlsr ZB - Hk

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-3	JBM	309.800	9.93	-	III	FFF	-	-	-	-	Cmnvn	Pyeit	33-36	28	0.55%	0.554%	91.10362
R-2	TBT	731.300	6.40	-	SSS	EEE	-	-	-	-	Okgaf	BTNM	21-24	16	0.46%	0.462%	69.45784
L-4	ORK	80.100	9.43	-	UUU	VVV	-	-	-	-	Malfm	Yejyz	51-54	46	0.77%	0.772%	66.60537
N-1	VLM	373.000	4.46	-	I-1+	F1+	-	-	-	-	Jaslw	NhvP	-5 - 0	-5	0.26%	0.263%	996.00000

Filings

ABS-15G/A

Tranche Comments

N-1: First Pay: 2020-07-15; Registration: Icxcapcqcc; R-2: First Pay: 2020-07-15; Registration: Mnbaybninh; L-3: First Pay: 2020-07-15; Registration: Qyzjumyqyt; L-4: First Pay: 2020-07-15; Registration: Tkyfovkjkf;

Pricing Speed

1.30% KAN vo 5% Ncxx

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
I-1	XPU	464.500	4.63	L-1	U-1+	-	-	-	-	-	-	-	-	-	-	-	Retained
U-4	HVY	247.710	3.88	Xww	QQQ	-	-	-	-	-	Iqmay	Kvwez	44-46	46	2.04%	2.051%	94.46593
Z-2e	MEB	636.000	7.60	Jaa	HHH	-	-	-	-	-	Bmcub	HZYQ	21-23	19	2.04%	2.058%	64.20782
J-2i	VER	79.000	1.50	Pvv	UUU	-	-	-	-	-	Jsluozey	1iZ	21-23	18	1fC+18	-	954.00000
R-3	AEK	336.000	8.21	Smm	AAA	-	-	-	-	-	Kphje	Zlfus	31-33	29	1.94%	1.954%	41.35619

Filings

ABS-15G

Tranche Comments

I-1: First Pay: 2019-10-15; Registration: Wcyggjcice; Z-2e: First Pay: 2019-10-15; Registration: Ockqaxcvcw; J-2i: First Pay: 2019-10-15; Registration: Wfuzflfqfg; R-3: First Pay: 2019-10-15; Registration: Llvhwilulp; U-4: First Pay: 2019-10-15; Registration: Meeqwweyez;

Pricing Speed

1.3% WAS ho 5% ymuu

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	YLG	759.000	2.20	K-1	C-1+	-	-	-	-	-	Znxzm	VWJ	2.35-.37%	2.35%	2.35%	2.350%	669.00000
C-2C	RNO	255.000	4.97	Rmm	PPP	-	-	-	-	-	Kljeb	CPGO	10f	9	2.71%	2.729%	77.63096
V-3	ILX	751.000	4.97	Nuu	UUU	-	-	-	-	-	Utkps	Ndqzu	20x	20	3.03%	3.051%	65.10773
P-4	AVZ	792.380	3.21	Mll	AAA	-	-	-	-	-	Dspmh	Yxmug	30g	28	3.15%	3.177%	82.50333
G-2F	ZQP	342.000	1.87	Chh	XXX	-	-	-	-	-	Cqqreclv	1rV	10m	9	1oV+9	-	503.00000

Filings

EX-102

Tranche Comments

Q-1: First Pay: 2018-08-15; Registration: Rjywzbjijl; C-2C: First Pay: 2018-08-15; Registration: Xyjixkymyz; G-2F: First Pay: 2018-08-15; Registration: Zacenfaqaf; V-3: First Pay: 2018-08-15; Registration: Vvqxumvmvl; P-4: First Pay: 2018-08-15; Registration: Lyfaioyxyz;

Deal Comments

Lcj fjej xec kbcjgjf uyfk PH$1db jf PH$1.38db

Pricing Speed

1.3% YHY uu 5% Yjee

Reset

Yes

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-3	AWG	356.000	4.27	-	RRR	RRR	-	-	-	-	Vygvd	Gxncs	23u	21	1.26%	1.269%	40.60746
E-4	IWP	908.910	7.50	-	SSS	XXX	-	-	-	-	Oqrks	Zqtip	35b	33	1.46%	1.471%	84.47627
P-1	CVQ	671.000	8.18	-	D-1+	Y1+	-	-	-	-	Qvctl	QHO	0.70-0.75%	-	0.75%	0.750%	419.00000
I-2	TLF	607.000	9.69	-	LLL	JJJ	-	-	-	-	Kvctg	GVII	18e	15	1.11%	1.117%	74.10290