Investor Report

Mercedes-Benz Auto Lease Trust 2018-A

Collection Period Ended

Page 1 of 6

Amounts in USD

30-Jun-2020

Dates

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

Collection Period (from... to)

15-Jul-2020

Payment Date

30-Jun-2020

1-Jun-2020

Actual/360 Days

Collection Period No.

Determination Date

Interest Period of the Class A-2, A-3 and A-4 Notes (from... 7/15/2020

13-Jul-2020

Record Date

14-Jul-2020

15-Jul-2020

15-Jun-2020

30/360 Days

15-Jun-2020

15-Jul-2020

Summary

Balance

Beginning

Ending

Principal

Payment

Principal per $1000

Face Amount

Initial

Note

Factor

Balance

0.00

Class A-1 Notes

0.000000

266,000,000.00

0.000000

0.00

Class A-2 Notes

0.000000

460,000,000.00

0.000000

0.00

Class A-3 Notes

0.000000

460,000,000.00

0.000000

0.00

65,361,200.84

Class A-4 Notes

585.486460

100,253,000.00

0.066476

58,696,774.09

6,664,426.75

65,361,200.84

Total Note Balance

1,286,253,000.00

58,696,774.09

6,664,426.75

Overcollateralization

227,799,894.99

232,500,684.30

Total Securitization Value

1,500,004,414.83

213,751,414.83

present value of lease payments

present value of Base Residual Value

293,161,095.83

239,165,111.05

215,778,736.79

895,636,723.51

604,367,691.32

28,832,379.73

23,386,374.26

264,328,716.10

Initial Overcollateralization Amount

Current Overcollateralization Amount

Amount

Percentage

213,751,414.83

14.25%

232,500,684.30

15.50%

Target Overcollateralization Amount

232,500,684.30

15.50%

Interest Payment

Interest per

Interest & Principal

Payment

Interest & Principal Payment

per $1000 Face Amount

Interest Rate

$1000 Face Amount

Class A-1 Notes

1.750000%

0.000000

0.00

0.000000

0.00

Class A-2 Notes

2.200000%

0.000000

0.00

0.000000

0.00

Class A-3 Notes

2.410000%

0.000000

0.00

0.000000

0.00

Class A-4 Notes

2.510000%

1.363688

58,833,487.94

586.850149

136,713.85

$58,833,487.94

Total

136,713.85

Investor Report

Mercedes-Benz Auto Lease Trust 2018-A

Collection Period Ended

Page 2 of 6

Amounts in USD

30-Jun-2020

Lease Payments Received

Net Sales Proceeds-early terminations (incl Defaulted Leases)

Net Sales Proceeds-scheduled terminations

Excess wear and tear included in Net Sales Proceeds

Excess mileage included in Net Sales Proceeds

Repurchase Payments

Advances made by the Servicer

Investment Earnings

Total Available Collections

Reserve Account Draw Amount

Total Available Funds

4,901,382.42

307,861.91

0.00

94,001.07

0.00

5,060.91

23,665,785.53

32,811,725.60

Total Exchange Note Payments

Available Funds ABS Notes

Available 2018-A Collections

61,383,954.46

Exchange Note Balance

Initial

Balance

Beginning

Balance

Ending

Balance

1,425,004,194.09

218,160,875.09

164,164,890.31

59,154,911.93

59,154,911.93

Subtotal

61,378,893.55

(2) Interest Distributable Amount Class A Notes

(3) Priority Principal Distribution Amount

136,713.85

0.00

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

(5) Regular Principal Distribution Amount

(6) Additional Servicing Fee and Transition Costs

0.00

58,696,774.09

0.00

(7) Total Trustee Fees and any Asset Representations Reviewer fees

[not previously paid under (1)]

0.00

(8) Excess Collections to Certificateholders

Total Distribution

(1) Total Trustee Fees and any Asset Representations Reviewer fees

(max. $250,000 p.a.)

0.00

59,154,911.93

Nonrecoverable Advances to the Servicer

(1) Total Servicing Fee

(2) Exchange Note Interest Distributable Amount

(2.52%)

244,300.91

0.00

458,137.84

(3) Exchange Note Principal Distributable Amount

(4) Any amounts by which the sum payable pursuant to Section 8.03(a)(i)

through (vii) of the Indenture (or, if applicable, pursuant to Section

5.04(b)(i)through (vii) of the Indenture) exceed the sum of the Exchange

Note Interest Distributable Amount and the Exchange Note Principal

Distributable Amount

(5) Remaining Funds Payable

58,696,774.09

Total Distribution

61,383,954.46

Distributions ABS Notes

Distribution on the Exchange Note

0.00

321,423.99

1,984,741.62

Investor Report

Mercedes-Benz Auto Lease Trust 2018-A

Collection Period Ended

Page 3 of 6

Amounts in USD

30-Jun-2020

Distribution Detail

Amount Paid

Shortfall

Amount Due

0.00

244,300.91

Total Servicing Fee

Total Trustee Fee

0.00

136,713.85

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

136,713.85

0.00

136,713.85

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

Interest Distributable Amount Class A Notes

136,713.85

0.00

Priority Principal Distribution Amount

0.00

Regular Principal Distribution Amount

58,696,774.09

0.00

58,696,774.09

Principal Distribution Amount

58,696,774.09

0.00

Investor Report

Mercedes-Benz Auto Lease Trust 2018-A

Collection Period Ended

Page 4 of 6

Amounts in USD

30-Jun-2020

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

3,750,011.04

0.00

3,750,011.04

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

4,661.28

399.63

5,060.91

3,750,011.04

0.00

Notice to Investors

Note 1:

Mercedes-Benz Financial Services USA LLC, as Servicer has elected to exercise its option under Section 5.01 of the 2018-A Servicing Supplement to purchase the 2018-A Exchange

Note on July 15, 2020 (the "Redemption Date") and has deposited $6,664,426.75 into the 2018- A Exchange Note Collection Account to redeem the balance of the Class A-4 Note.

Therefore, pursuant to Section 10.01 of the Indenture, the Notes will be redeemed on the Redemption Date.

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Note 2:

223 accounts with an outstanding securitization value of $7,894,823.24 did not have a monthly payment scheduled for the current Collection Period.

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Note 3:

In response to the COVID-19 (coronavirus) pandemic, the Servicer is taking steps to offer relief to customers impacted by the crisis. Such relief may take the form of deferrals of

payment obligations, initially estimated not to exceed three months and currently extended to a maximum of five months, with the deferred payments due at the end of the lease term.

In addition, the Servicer may grant lease extensions beyond the scheduled lease termination date and, in some cases, waivers of monthly payments during the extension period. The

Servicer will not consider a customer's contract to be delinquent as a result of any such deferral or waiver. The Servicer is also implementing a phased resumption of collection

activities, including repossessions, that have been temporarily curtailed in response to the COVID-19 pandemic. Additional relief may be offered to customers in affected areas in the

future as the COVID-19 situation develops.

Investor Report

Mercedes-Benz Auto Lease Trust 2018-A

Collection Period Ended

Page 5 of 6

Amounts in USD

30-Jun-2020

Pool Statistics

Securitization Value end of Collection Period

293,161,095.83

Securitization Value beginning of Collection Period

Number of Leases

Amount

Pool Data

15.94%

Pool Factor

Gross Losses

Terminations- Scheduled

Terminations- Early

Principal portion of lease payments

35,633

Cutoff Date Securitization Value

Repurchase Payment (excluding interest)

239,165,111.05

5,431,731.49

0.00

26,271,537.96

18,399,680.04

3,893,035.29

1,500,004,414.83

9,452

7,704

92.87%

1,051,044,603.23

222,004,925.49

7.91%

7.90%

5.05

36.08

Cumulative Turn-in Ratio

Aggregate Base Residual Value

12.68

24.93

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

0.29%

32.25%

Delinquency Profile

Delinquency Profile *

0.04%

105,482.67

91-120 Days Delinquent

7,664

927,876.40

237,897,598.49

234,153.49

100.00%

7,704

239,165,111.05

*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 **

99.47%

Current

0.10%

0.39%

31-60 Days Delinquent

61-90 Days Delinquent

Delinquency Trigger

4.281%

60+ Delinquency Leases to EOP Aggregate Securitization Value

Delinquency Trigger occurred

0.142%

Investor Report

Mercedes-Benz Auto Lease Trust 2018-A

Collection Period Ended

Page 6 of 6

Amounts in USD

30-Jun-2020

Loss Statistics

Current

Credit Loss

Amount

Number of Leases

Cumulative

Number of Leases

Amount

Recoveries

Liquidation Proceeds

Securitization Value of Defaulted Leases, Beg of Collection Period

198,008.73

337,149.91

79,217.94

Principal Net Credit Loss / (Gain)

(218,359.12)

27,450,237.50

894,266.00

731

20,859,997.37

5,695,974.13

Net Credit Loss / (Gain) as % of Average Securitization Value (annualized):

Second Prior Collection Period

Prior Collection Period

Current Collection Period

Third Prior Collection Period

Four Month Average

(0.984)%

0.030%

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

Average Net Credit Loss / (Gain)

1,223.35

0.060%

0.810 %

(0.128%)

0.423 %

Current

Residual Loss

Amount

Number of Leases

Cumulative

Number of Leases

Amount

Sales Proceeds and Other Payments Received

Securitization Value of Liquidated Leases, Beg of Collection Period

Residual Loss / (Gain)

49,904,940.76

1,741

825,557,298.90

27,187

55,141,956.69

818,421,111.41

(5,237,015.93)

7,136,187.49

Residual Loss / (Gain) as % of Average Securitization Value (annualized):

Second Prior Collection Period

Prior Collection Period

Current Collection Period

Third Prior Collection Period

Four Month Average

(23.611)%

1.750%

Average Residual Loss / (Gain)

Cumulative Residual Loss / (Gain) as % of Cutoff Date Securitization Value

0.476%

262.49

11.566 %

3.810 %

15.235 %

Mercedes-Benz Auto Lease Trust 2018-A 10-D