Investor Report

Mercedes-Benz Auto Lease Trust 2014-A

Collection Period Ended

Page 1 of 5

Amounts in USD

31-Aug-2015

Dates

Interest Period of the Class A-1, A-2b Notes (from... to)

Collection Period (from... to)

15-Sep-2015

Payment Date

31-Aug-2015

1-Aug-2015

30/360 Days

Actual/360 Days

Collection Period No.

Determination Date

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

11-Sep-2015

Record Date

14-Sep-2015

15-Sep-2015

17-Aug-2015

15-Sep-2015

15-Aug-2015

Summary

Balance

Beginning

Ending

Principal

Payment

Principal per $1000

Face Amount

Initial

Note

Factor

Balance

0.00

Class A-1 Notes

0.000000

393,000,000.00

0.000000

0.00

50,480,451.20

8,441,723.97

Class A-2A Notes

103.799326

405,000,000.00

0.020844

42,038,727.23

50,480,451.20

8,441,723.97

Class A-2B Notes

103.799326

405,000,000.00

0.020844

42,038,727.23

564,290,000.00

Class A-3 Notes

0.000000

564,290,000.00

1.000000

0.00

220,000,000.00

Class A-4 Notes

0.000000

220,000,000.00

1.000000

0.00

885,250,902.39

Total Note Balance

1,987,290,000.00

801,173,447.93

84,077,454.46

Overcollateralization

423,638,076.52

Total Securitization Value

2,379,989,193.90

392,699,193.90

present value of lease payments

present value of Base Residual Value

1,308,888,978.91

1,224,811,524.45

1,004,688,418.72

1,546,737,203.77

833,251,990.13

246,091,865.85

220,123,105.73

1,062,797,113.06

Initial Overcollateralization Amount

Target Overcollateralization Amount

Current Overcollateralization Amount

Amount

Percentage

423,638,076.51

17.80%

392,699,193.90

16.50%

423,638,076.52

17.80%

Interest Payment

Interest per

Interest & Principal

Payment

Interest & Principal Payment

per $1000 Face Amount

Interest Rate

$1000 Face Amount

Class A-1 Notes

0.200000%

0.000000

0.00

0.000000

0.00

Class A-2A Notes

0.480000%

0.049857

42,058,919.41

103.849184

20,192.18

Class A-2B Notes

0.377600%

0.037914

42,054,082.26

103.837240

15,355.03

Class A-3 Notes

0.680000%

0.566667

319,764.33

0.566667

319,764.33

Class A-4 Notes

0.900000%

0.750000

165,000.00

0.750000

165,000.00

$84,597,766.00

Total

520,311.54

Investor Report

Mercedes-Benz Auto Lease Trust 2014-A

Collection Period Ended

Page 2 of 5

Amounts in USD

31-Aug-2015

Lease Payments Received

Net Sales Proceeds-early terminations (including Defaulted Leases)

Net Sales Proceeds-scheduled terminations

Excess wear and tear included in Net Sales Proceeds

Excess mileage included in Net Sales Proceeds

Subtotal

Repurchase Payments

Advances made by the Servicer

Investment Earnings

Total Available Collections

Reserve Account Draw Amount

Total Available Funds

27,075,399.93

434,077.77

90,517,326.98

0.00

40,051.57

90,518,112.63

0.00

90,518,112.63

785.65

39,782,286.57

23,659,640.48

(1) Total Servicing Fee

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

Nonrecoverable Advances to the Servicer

1,090,740.82

0.00

(3) Interest Distributable Amount Class A Notes

(4) Priority Principal Distribution Amount

520,311.54

0.00

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

(6) Regular Principal Distribution Amount

(7) Additional Servicing Fee and Transition Costs

0.00

84,077,454.46

0.00

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

0.00

(9) Excess Collections to Certificateholders

4,829,605.81

Total Distribution

90,518,112.63

Distributions

Available Funds

Distribution Detail

Amount Paid

Shortfall

Amount Due

0.00

1,090,740.82

Total Servicing Fee

Total Trustee Fee

0.00

520,311.54

0.00

Monthly Interest Distributable Amount

thereof on Class A-1 Notes

0.00

thereof on Class A-2A Notes

20,192.18

0.00

20,192.18

thereof on Class A-2B Notes

15,355.03

0.00

15,355.03

thereof on Class A-3 Notes

319,764.33

0.00

319,764.33

thereof on Class A-4 Notes

165,000.00

0.00

165,000.00

Interest Carryover Shortfall Amount

0.00

thereof on Class A-1 Notes

0.00

thereof on Class A-2A Notes

0.00

thereof on Class A-2B Notes

0.00

thereof on Class A-3 Notes

0.00

thereof on Class A-4 Notes

0.00

Interest Distributable Amount Class A Notes

520,311.54

0.00

Priority Principal Distribution Amount

0.00

Regular Principal Distribution Amount

84,077,454.46

0.00

84,077,454.46

Principal Distribution Amount

84,077,454.46

0.00

Investor Report

Mercedes-Benz Auto Lease Trust 2014-A

Collection Period Ended

Page 3 of 5

Amounts in USD

31-Aug-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

11,899,945.97

0.00

11,899,945.97

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 Exchange Note

Collection Account

684.57

101.08

785.65

11,899,945.97

Notice to Investors

Investor Report

Mercedes-Benz Auto Lease Trust 2014-A

Collection Period Ended

Page 4 of 5

Amounts in USD

31-Aug-2015

Pool Statistics

Securitization Value end of Collection Period

1,308,888,978.91

Securitization Value beginning of Collection Period

Number of Leases

Amount

Pool Data

51.46%

Pool Factor

Gross Losses

Terminations- Scheduled

Terminations- Early

Principal portion of lease payments

56,365

Cutoff Date Securitization Value

Repurchase Payment (excluding interest)

1,224,811,524.45

5,926,895.46

0.00

22,019,188.04

37,179,787.86

18,951,583.10

2,379,989,193.90

36,429

34,361

91.14%

1,759,458,761.00

1,062,390,538.20

6.80%

10.76

25.64

Cumulative Turn-in Ratio

Aggregate Base Residual Value

10.25

24.30

Current

As of Cutoff Date

Weighted Average Seasoning (months)

Weighted Average Remaining Term (months)

Weighted Average Securitization Rate

Proportion of base prepayment assumption realized life to date

Actual lifetime prepayment speed

0.58%

69.52%

Investor Report

Mercedes-Benz Auto Lease Trust 2014-A

Collection Period Ended

Page 5 of 5

Amounts in USD

31-Aug-2015

Delinquency Profile *

0.02%

208,418.20

91-120 Days Delinquent

34,234

3,577,141.53

1,220,042,065.24

983,899.48

100.00%

34,361

1,224,811,524.45

*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

Total

Percentage

Number of Leases

Amount **

99.61%

Current

0.08%

0.29%

31-60 Days Delinquent

61-90 Days Delinquent

Credit Loss

Securitization Value of Defaulted Leases BOP

Current

Less Liquidation Proceeds

Less Recoveries

Current Net Credit Loss / (Gain)

Cumulative Net Credit Loss / (Gain)

Cumulative Net Credit Loss / (Gain) as % of Cutoff Date

Securitization Value

0.055%

Residual Loss

Less sales proceeds and other payments received during

Collection Period

Current Residual Loss / (Gain)

Securitization Value of Liquidated Leases BOP

Cumulative Residual Loss / (Gain)

Cumulative Residual Loss / (Gain) as % of Cut-off Date

Securitization Value

(327,986.28)

1,311,471.56

639,552.05

0.157%

3,727,872.64

64,486,319.31

1,023,711.22

63,462,608.09

Current

547,430.38

420,107.95

Mercedes-Benz Auto Lease Trust 2014-A 10-D