Investor Report

Mercedes-Benz Auto Receivables Trust 2012-1

Collection Period Ended

Page 1 of 4

Amounts in USD

31-May-2015

Dates

Interest Period of the Class A-1 Notes (from... to)

Collection Period (from... to)

15-Jun-2015

Distribution Date

31-May-2015

1-May-2015

30/360 Days

Actual/360 Days

Collection Period No.

Determination Date

Interest Period of the Class A-2, A-3 and A-4 Notes (from... to)

11-Jun-2015

Record Date

12-Jun-2015

15-Jun-2015

15-May-2015

15-Jun-2015

15-May-2015

Summary

Balance

Beginning

Ending

Principal

Payment

Principal per $1000

Face Amount

Initial

Note

Factor

Balance

0.00

Class A-1 Notes

0.000000

450,000,000.00

0.000000

0.00

Class A-2 Notes

0.000000

500,000,000.00

0.000000

56,186,452.37

18,012,384.03

38,174,068.34

Class A-3 Notes

40.027520

450,000,000.00

0.084831

146,500,000.00

0.00

146,500,000.00

Class A-4 Notes

0.000000

146,500,000.00

1.000000

202,686,452.37

184,674,068.34

18,012,384.03

Total Note Balance

1,546,500,000.00

Yield Supplement Overcollateralization Amount

Adjusted Pool Balance

Overcollateralization

8,050,484.83

55,803,101.47

258,489,553.84

55,803,101.47

Pool Balance

267,254,791.34

248,527,654.64

1,650,866,041.78

1,594,374,327.63

56,491,714.15

8,765,237.50

240,477,169.81

47,874,327.63

Initial Overcollateralization Amount

Target Overcollateralization Amount

Current Overcollateralization Amount

Amount

Percentage

55,803,101.47

3.50%

47,874,327.63

3.00%

55,803,101.47

Interest Payment

Interest per

Interest & Principal

Payment

Interest & Principal Payment

per $1000 Face Amount

Interest Rate

$1000 Face Amount

Class A-1 Notes

0.230000%

0.00

0.000000

0.00

0.000000

Class A-2 Notes

0.370000%

0.00

0.000000

0.00

0.000000

Class A-3 Notes

0.470000%

22,006.36

0.048903

18,034,390.39

40.076423

Class A-4 Notes

0.610000%

74,470.83

0.508333

74,470.83

0.508333

$18,108,861.22

Total

$96,477.19

Investor Report

Mercedes-Benz Auto Receivables Trust 2012-1

Collection Period Ended

Page 2 of 4

Amounts in USD

31-May-2015

Net Liquidation Proceeds

Investment Earnings

Reserve Fund Draw Amount

Available Funds

Interest Collections

Purchase Amounts

Principal Collections

0.00

Advances made by the Servicer

Available Collections

19,377,847.80

Recoveries

0.00

18,653,471.79

19,377,847.80

31,811.48

104,364.81

588,002.66

197.06

0.00

(1) Total Servicing Fee

(2) Total Trustee Fees (max. $100,000 p.a.)

Nonrecoverable Advances to the Servicer

0.00

222,712.33

0.00

(3) Interest Distributable Amount Class A Notes

(4) Priority Principal Distributable Amount

96,477.19

0.00

(5) To Reserve Fund to reach the Reserve Fund Required Amount

(6) Regular Principal Distributable Amount

(7) Additional Servicing Fee and Transition Costs

0.00

18,012,384.03

0.00

(8) Total Trustee Fees [not previously paid under (2)]

0.00

(9) Excess Collections to Certificateholders

1,046,274.25

Total Distribution

19,377,847.80

Distributions

Available Funds

Distribution Detail

Paid

Shortfall

Due

0.00

222,712.33

Total Servicing Fee

Total Trustee Fee

0.00

96,477.19

0.00

Monthly Interest Distributable Amount

thereof on Class A-1 Notes

0.00

thereof on Class A-2 Notes

0.00

thereof on Class A-3 Notes

22,006.36

0.00

22,006.36

thereof on Class A-4 Notes

74,470.83

0.00

74,470.83

Interest Carryover Shortfall Amount

0.00

thereof on Class A-1 Notes

0.00

thereof on Class A-2 Notes

0.00

thereof on Class A-3 Notes

0.00

thereof on Class A-4 Notes

0.00

96,477.19

0.00

Interest Distributable Amount Class A Notes

Priority Principal Distributable Amount

0.00

Regular Principal Distributable Amount

18,012,384.03

0.00

18,012,384.03

Aggregate Principal Distributable Amount

18,012,384.03

0.00

Investor Report

Mercedes-Benz Auto Receivables Trust 2012-1

Collection Period Ended

Page 3 of 4

Amounts in USD

31-May-2015

Reserve Fund and Investment Earnings

Investment Earnings

Net Investment Earnings on the Reserve Fund

Reserve Fund

Reserve Fund Amount - Beginning Balance

Reserve Fund Deficiency

Reserve Fund Amount - Ending Balance

3,985,935.82

0.00

3,985,935.82

Reserve Fund Required Amount

plus top up Reserve Fund up to the Required Amount

plus Net Investment Earnings for the Collection Period

minus Net Investment Earnings

minus Reserve Fund Draw Amount

0.00

Investment Earnings for the Collection Period

Net Investment Earnings on the Collection Account

163.20

33.86

197.06

3,985,935.82

Notice to Investors

Investor Report

Mercedes-Benz Auto Receivables Trust 2012-1

Collection Period Ended

Page 4 of 4

Amounts in USD

31-May-2015

Pool Statistics

Pool Data

91-120 Days Delinquent

61-90 Days Delinquent

3,147,541.97

1,650,866,041.78

31-60 Days Delinquent

1,856,826.85

194,276.93

118

0.75%

0.21%

0.08%

2.76%

21.97

43.44

533,019.38

Current

-61,375.39

98.96%

Cutoff Date Pool Balance

Amount

Number of Receivables

Pool Balance beginning of Collection Period

267,254,791.34

Principal Collections

Principal Collections attributable to Full Pay-offs

Principal Purchase Amounts

Principal Gross Losses

Pool Balance end of Collection Period

Weighted Average APR

5,784,454.43

0.00

73,664.91

248,527,654.64

21,431

22,285

Weighted Average Number of Remaining Payments

Weighted Average Seasoning (months)

Delinquency Profile *

As of Cutoff Date

Current

Amount

Number of Receivables

Percentage

Total

*A receivable is not considered delinquent if the amount past due is less than 10% of the payment due under such receivable

248,527,654.64

21,431

100.00%

Losses

Principal Gross Losses

Current

Principal Net Liquidation Proceeds

Principal Recoveries

Principal Net Losses

Cumulative Principal Net Losses

Cumulative Principal Net Losses as % of Cutoff Date Pool Balance

73,664.91

31,828.31

103,211.99

0.191%

60,543

245,943,531.48

21,270

12,869,017.36

2.93%

47.48

Pool Factor

15.05%

13.98

Mercedes Benz Auto Receivables Trust 2012-1 10-D