Mercedes-Benz Auto Receivables 

T

rust 2019-1

Page 1 of 5

Amounts in USD

Investor Report

Collection Period Ended

31-Mar-2023

Dates

31-Mar-2023

Actual/360 Days

33

30/360 Days

30

17-Apr-2023

15-Apr-2023

Collection Period No.

43

Collection Period (from... to)

Determination Date

Record Date

Distribution Date

Interest Period of the Clas

s

A-1 Notes (from... to)

Interest Period of the Clas

s

A-2A, A-3 an

d

A-4 Notes (from... to)

1-Mar-2023

13-Apr-2023

14-Apr-2023

17-Apr-2023

15-Mar-2023

15-Mar-2023

Summary

Beginning

Balance

0.00

0.00

0.00

0.00

92,742,820.05

Principal

Payment

0.00

0.00

0.00

0.00

11,179,207.15

Ending

Balance

0.00

0.00

0.00

0.00

81,563,612.90

Clas

s

A-1 Notes

Clas

s

A-2A Notes

Clas

s

A-2B Notes

Clas

s

A-3 Notes

Clas

s

A-4 Notes

Principal per $1000

Fac

e

Amount

0.000000

0.000000

0.000000

0.000000

86.957118

Initial

Balance

360,800,000.00

511,000,000.00

50,000,000.00

464,000,000.00

128,560,000.00

Note

Factor

0.000000

0.000000

0.000000

0.000000

0.634440

92,742,820.05

81,563,612.90

1

1,179,207.15

T

otal Note Balance

1,514,360,000.00

Overcollateralization

Adjusted Pool Balance

Y

ield Supplement Overcollateralizatio

n

Amount

Pool Balance

38,830,160.91

131,572,980.96

3,857,807.43

135,430,788.39

38,830,160.91

120,393,773.81

3,467,043.45

123,860,817.26

38,846,436.21

1,553,206,436.21

61,799,793.88

1,615,006,230.09

Initial 

Overcollateralizatio

n

Amount

T

arget 

Overcollateralizatio

n

Amount

Current Overcollateralizatio

n

Amount

Amount

Percentage

2.50%

2.50%

2.50%

38,846,436.21

38,830,160.91

38,830,160.91

Clas

s

A-1 Notes

Clas

s

A-2A Notes

Clas

s

A-2B Notes

Clas

s

A-3 Notes

Clas

s

A-4 Notes

Interest 

Rate

0.000000%

2.040000%

4.864430%

1.940000%

2.040000%

Interest Payment

0.00

0.00

0.00

0.00

157,662.79

Interest per

$1000 Fac

e

Amount

0.000000

0.000000

0.000000

0.000000

1.226375

Interest & Principal

Payment

0.00

0.00

0.00

0.00

11,336,869.94

Interest & Principal Payment

per $1000 Fac

e

Amount

0.000000

0.000000

0.000000

0.000000

88.183494

$1

1,336,869.94

T

otal

$157,662.79

Mercedes-Benz Auto Receivables 

T

rust 2019-1

Page 2 of 5

Amounts in USD

Investor Report

Collection Period Ended

31-Mar-2023

A

vailable Collections

Reserve Fund Dra

w

Amount

A

vailable Funds

Purchas

e

Amounts

Advances made by the Servicer

Investment Earnings

Principal Collections

Interest Collections

Net Liquidation Proceeds

Recoveries

12,

1

16,317.32

0.00

12,

1

16,317.32

11,447,540.94

442,503.64

57,577.24

96,528.38

24,084.95

0.00

48,082.17

(1)

T

otal Servicing Fee

Nonrecoverabl

e

Advances to the Servicer

(2)

T

otal Trustee Fees and an

y

Asset Representations Reviewer

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

112,858.99

0.00

0.00

157,662.79

0.00

0.00

11,179,207.15

0.00

0.00

(3) Interest Distributabl

e

Amount Clas

s

A Notes

(4) Priority Principal Distributabl

e

Amount

(5)

T

o Reserve Fund to reach the Reserve Fund Require

d

Amount

(6) Regular Principal Distributabl

e

Amount

(7) Additional Servicing Fee and Transition Costs

(8)

T

otal Trustee Fees and an

y

Asset Representations Reviewer

fees [not previously paid under (2)]

(9) Excess Collections to Certificateholders

T

otal Distribution

12,

1

16,317.32

666,588.39

Distributions

A

vailable Funds

Distribution Detail

Paid

Shortfall

Due

T

otal Servicing Fee

T

otal Trustee Fee

112,858.99

0.00

0.00

0.00

112,858.99

0.00

Monthly Interest Distributabl

e

Amount

thereof on Clas

s

A-1 Notes

thereof on Clas

s

A-2A Notes

thereof on Clas

s

A-2B Notes

thereof on Clas

s

A-3 Notes

thereof on Clas

s

A-4 Notes

157,662.79

0.00

0.00

0.00

0.00

157,662.79

0.00

0.00

0.00

0.00

0.00

0.00

157,662.79

0.00

0.00

0.00

0.00

157,662.79

Interest Carryover Shortfal

l

Amount

thereof on Clas

s

A-1

Notes

thereof on Clas

s

A-2A

Notes

thereof on Clas

s

A-2B

Notes

thereof on Clas

s

A-3

Notes

thereof on Clas

s

A-4

Notes

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

157,662.79

157,662.79

0.00

Interest Distributabl

e

Amount Clas

s

A

Notes

Priority Principal Distributabl

e

Amount

Regular Principal Distributabl

e

Amount

0.00

11,179,207.15

0.00

0.00

0.00

11,179,207.15

Aggregate Principal Distributabl

e

Amount

11,179,207.15

11,179,207.15

0.00

Mercedes-Benz Auto Receivables 

T

rust 2019-1

Page 3 of 5

Amounts in USD

Investor Report

Collection Period Ended

31-Mar-2023

Reserve Fund and Investment Earnings

Investment Earnings

Reserve Fund

Reserve Fun

d

Amount - Beginning Balance

Reserve Fund Deficiency

Reserve Fun

d

Amount - Ending Balance

3,883,016.09

0.00

3,883,016.09

Reserve Fund Require

d

Amount

plus top up Reserve Fund up to the Require

d

Amount

plus Net Investment Earnings for the Collection Period

minus Net Investment Earnings

minus Reserve Fund Dra

w

Amount

Investment Earnings for the Collection Period

Net Investment Earnings on the Reserve Fund

Net Investment Earnings on the Collectio

n

Account

12,546.10

35,536.07

0.00

12,546.10

12,546.10

0.00

48,082.17

3,883,016.09

Notice to Investors

Mercedes-Benz Auto Receivables 

T

rust 2019-1

Page 4 of 5

Amounts in USD

Investor Report

Collection Period Ended

31-Mar-2023

Pool Statistics

Pool Data

4.07%

18.40

52.64

Cutoff Date Pool Balance

Amount

1,615,006,230.09

Pool Balance beginning of Collection Period

135,430,788.39

Principal Collections

Principal Collections attributable to Full Pay-offs

Principal Purchas

e

Amounts

Principal Gross Losses

Pool Balance end of Collection Period

W

eighte

d

A

verag

e

APR

123,860,817.26

12,197

12,835

W

eighte

d

A

verage Number of Remaining Payments

W

eighte

d

A

verage Seasoning (months)

As of Cutoff Date

Current

Number of Receivables

50,838

8,422,152.53

3,025,388.41

24,065.24

98,364.95

Pool Factor

7.67%

3.71%

52.01

12.33

Mercedes-Benz Auto Receivables 

T

rust 2019-1

Page 5 of 5

Amounts in USD

Investor Report

Collection Period Ended

31-Mar-2023

Delinquency Profile

(1) A receivable is not considered delinquent if the amount past due is less than

10% of the payment due under such receivable

12,197

31-60 

Days 

Delinquent

61-90 

Days 

Delinquent

91-120 Days Delinquent

T

otal

Current

98.90%

0.74%

0.29%

0.08%

100.00%

122,494,759.27

915,640.22

356,409.97

94,007.80

123,860,817.26

12,111

57

23

6

Delinquency Profile 

(1)

Amount

Number of Receivables

Percentage

Delinquency 

T

rigger

2.302%

60+ Delinquency Loans to EO

P

Aggregate Securitization 

V

alue

0.364%

Delinquency Trigger occurred                                                                                                                                                                                                           

No

Loss Statistics

A

verage Net Loss / (Gain)

6,403.45

Cumulative Principal Net Loss / (Gain) as % of Cutoff Date Pool Balance

Four Mont

h

A

verage

0.208%

Current Collection Period

Prior Collection Period

Second Prior Collection Period

Third Prior Collection Period

Principal Net Loss / (Gain) as % of 

A

verage Pool Balance (annualized):

5,449,334.06

(50,823.44)

Principal Net Loss / (Gain)

Principal Net Liquidation Proceeds

Principal Recoveries

Principal Gross Losses

12

851

Losses 

(1)

Amount

98,364.95

57,496.66

91,691.73

Number of Receivables

Number of Receivables

Amount

24,404,638.78

8,137,536.12

10,817,768.60

Current

Cumulative

0.337%

(1) Losses include accounts that have been charged off with a balance remaining of less than

$50.

These accounts are excluded in the Number of Receivables count as they are not

considered a charge-off 

on a defaulted loan

.

(0.470%)

0.444 

%

0.841 

%

0.017 %

Mercedes-Benz Auto Receivables Trust 2019-1 10-D