Investor Report

Mercedes-Benz Auto Receivables Trust 2012-1

Collection Period Ended

Page 1 of 4

Amounts in USD

31-Oct-2015

Dates

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

Collection Period (from... to)

16-Nov-2015

Distribution Date

31-Oct-2015

1-Oct-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)

12-Nov-2015

Record Date

13-Nov-2015

16-Nov-2015

15-Oct-2015

15-Nov-2015

15-Oct-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

0.00

Class A-3 Notes

0.000000

450,000,000.00

0.000000

117,227,351.75

14,861,297.42

102,366,054.33

Class A-4 Notes

101.442303

146,500,000.00

0.698744

117,227,351.75

102,366,054.33

14,861,297.42

Total Note Balance

1,546,500,000.00

Yield Supplement Overcollateralization Amount

Adjusted Pool Balance

Overcollateralization

4,976,600.13

55,803,101.47

173,030,453.22

55,803,101.47

Pool Balance

178,556,273.59

163,145,755.93

1,650,866,041.78

1,594,374,327.63

56,491,714.15

5,525,820.37

158,169,155.80

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%

0.00

0.000000

0.00

0.000000

Class A-4 Notes

0.610000%

59,590.57

0.406762

14,920,887.99

101.849065

$14,920,887.99

Total

$59,590.57

Investor Report

Mercedes-Benz Auto Receivables Trust 2012-1

Collection Period Ended

Page 2 of 4

Amounts in USD

31-Oct-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

15,803,169.36

Recoveries

0.00

15,317,457.63

15,803,169.36

478.12

82,590.76

402,484.43

158.42

0.00

(1) Total Servicing Fee

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

Nonrecoverable Advances to the Servicer

0.00

148,796.89

0.00

(3) Interest Distributable Amount Class A Notes

(4) Priority Principal Distributable Amount

59,590.57

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

14,861,297.42

0.00

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

0.00

(9) Excess Collections to Certificateholders

733,484.48

Total Distribution

15,803,169.36

Distributions

Available Funds

Distribution Detail

Paid

Shortfall

Due

0.00

148,796.89

Total Servicing Fee

Total Trustee Fee

0.00

59,590.57

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

0.00

thereof on Class A-4 Notes

59,590.57

0.00

59,590.57

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

59,590.57

0.00

Interest Distributable Amount Class A Notes

Priority Principal Distributable Amount

0.00

Regular Principal Distributable Amount

14,861,297.42

0.00

14,861,297.42

Aggregate Principal Distributable Amount

14,861,297.42

0.00

Investor Report

Mercedes-Benz Auto Receivables Trust 2012-1

Collection Period Ended

Page 3 of 4

Amounts in USD

31-Oct-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

124.56

33.86

158.42

3,985,935.82

Notice to Investors

Mercedes-Benz Financial Services USA LLC, as Servicer, has elected to exercise its option under Section 8.01 of the Sale and Servicing Agreement to purchase the Trust Estate

(other than the Accounts) immediately after giving effect to the monthly payment of principal and interest on November 16, 2015 (the "Redemption Date") and has deposited

$102,366,054.33 into the note payment account to redeem the balance of the Class A-4 Notes. Therefore, pursuant to Section 10.1 of the Indenture, the Notes will be redeemed on the

Redemption Date.

Investor Report

Mercedes-Benz Auto Receivables Trust 2012-1

Collection Period Ended

Page 4 of 4

Amounts in USD

31-Oct-2015

Pool Statistics

Pool Data

91-120 Days Delinquent

61-90 Days Delinquent

3,407,463.09

1,650,866,041.78

31-60 Days Delinquent

1,443,346.99

201,878.60

112

0.88%

0.19%

0.12%

2.70%

17.92

47.77

306,471.14

Current

11,525.96

98.80%

Cutoff Date Pool Balance

Amount

Number of Receivables

Pool Balance beginning of Collection Period

178,556,273.59

Principal Collections

Principal Collections attributable to Full Pay-offs

Principal Purchase Amounts

Principal Gross Losses

Pool Balance end of Collection Period

Weighted Average APR

4,663,785.65

0.00

93,060.03

163,145,755.93

17,135

17,988

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

163,145,755.93

17,135

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

93,060.03

235.48

81,298.59

0.206%

60,543

161,194,059.20

16,985

10,653,671.98

2.93%

47.48

Pool Factor

9.88%

13.98

Mercedes Benz Auto Receivables Trust 2012-1 10-D