Chrysler Financial | Distribution Date: | 08-Jun-04 | ||
DaimlerChrysler Auto Trust 2004-A Monthly Servicer’s Certificate (HV) | Page 1 of 2 |
Payment Determination Statement Number | 3 | |
Distribution Date | 08-Jun-04 |
Dates Covered | From and Including | To and Including | |||
Collections Period | 01-May-04 | 31-May-04 | |||
Accrual Period | 10-May-04 | 07-Jun-04 | |||
30/360 Days | 30 | ||||
Actual/360 Days | 29 |
Number of | ||||||||
Collateral Pool Balance Data | Accounts | $ Amount | ||||||
Pool Balance — Beginning of Period | 86,300 | 1,455,234,806.66 | ||||||
Collections of Installment Principal | 27,713,670.96 | |||||||
Collections Attributable to Full Payoffs | 19,437,140.59 | |||||||
Principal Amount of Repurchases | 0.00 | |||||||
Principal Amount of Gross Losses | 918,990.25 | |||||||
Pool Balance — End of Period | 84,599 | 1,407,165,004.86 | ||||||
Pool Statistics | End of Period | |||
Initial Pool Balance (Pool Balance at the Purchase Date) | 1,574,003,577.68 | |||
Pool Factor (Pool Balance as a Percent of Initial Pool Balance) | 89.40 | % | ||
Ending O/C Amount | 87,890,526.67 | |||
Coverage Ratio (Ending Pool Balance as a Percent of Ending Notes) | 106.66 | % | ||
Cumulative Net Losses | 528,390.30 | |||
Net Loss Ratio (3 mo. Weighted Avg.) | 0.13640 | % | ||
Cumulative Recovery Ratio | 58.12 | % | ||
60+ Days Delinquency Amount | 2,939,245.50 | |||
Delinquency Ratio (3 mo. Weighted Avg.) | 0.12400 | % | ||
Weighted Average APR | 6.020 | % | ||
Weighted Average Remaining Term (months) | 49.43 | |||
Weighted Average Seasoning (months) | 12.78 |
Chrysler Financial | Distribution Date: | 08-Jun-04 | ||
DaimlerChrysler Auto Trust 2004-A Monthly Servicer’s Certificate (HV) | Page 2 of 2 |
Cash Sources | ||||||||
Collections of Installment Principal | 27,713,670.96 | |||||||
Collections Attributable to Full Payoffs | 19,437,140.59 | |||||||
Principal Amount of Repurchases | 0.00 | |||||||
Recoveries on Loss Accounts | 567,106.65 | |||||||
Collections of Interest | 6,791,144.19 | |||||||
Investment Earnings | 32,383.15 | |||||||
Reserve Account | 3,750,000.00 | |||||||
Total Sources | 58,291,445.54 | |||||||
Cash Uses | ||||||||
Servicer Fee | 1,212,695.67 | |||||||
A Note Interest | 1,934,500.00 | |||||||
Priority Principal Distribution Amount | 0.00 | |||||||
B Note Interest | 106,875.00 | |||||||
Reserve Fund | 3,750,000.00 | |||||||
Regular Principal Distribution Amount | 51,287,374.87 | |||||||
Distribution to Certificateholders | 0.00 | |||||||
Total Cash Uses | 58,291,445.54 | |||||||
Administrative Payment | ||||||||
Total Principal and Interest Sources | 58,291,445.54 | |||||||
Investment Earnings in Trust Account | (32,383.15 | ) | ||||||
Daily Collections Remitted | (55,617,937.00 | ) | ||||||
Cash Reserve in Trust Account | (3,750,000.00 | ) | ||||||
Servicer Fee (withheld) | (1,212,695.67 | ) | ||||||
O/C Release to Seller | 0.00 | |||||||
Payment Due to/(from) Trust Account | (2,321,570.28 | ) | ||||||
O/C Release | (Prospectus pg S18-S20) | |||||||
Pool Balance | 1,407,165,004.86 | |||||||
Yield Supplement O/C Amount | (40,766,670.10 | ) | ||||||
Adjusted Pool Balance | 1,366,398,334.76 | |||||||
Total Securities | 1,319,274,478.19 | |||||||
Adjusted O/C Amount | 47,123,856.57 | |||||||
O/C Release Threshold | 68,319,916.74 | |||||||
O/C Release Period? | No | |||||||
O/C Release | 0.00 |
Beginning | Ending | Principal | Principal per | Interest | Interest per | |||||||||||||||||||||||
Balance | Balance | Payment | $1000 Face | Payment | $1000 Face | Original | ||||||||||||||||||||||
Notes | ||||||||||||||||||||||||||||
Class A-1 380,000,000 @ 1.0725% | 250,561,853.06 | 199,274,478.19 | 51,287,374.87 | 93.8177966 | 216,475.00 | 0.3959884 | 546670000 | |||||||||||||||||||||
Class A-2 427,000,000 @ 1.41% | 427,000,000.00 | 427,000,000.00 | 0.00 | 0.0000000 | 501,725.00 | 0.9593212 | 523000000 | |||||||||||||||||||||
Class A-3 366,000,000 @ 2.00% | 366,000,000.00 | 366,000,000.00 | 0.00 | 0.0000000 | 610,000.00 | 1.2525667 | 487000000 | |||||||||||||||||||||
Class A-4 282,000,000 @ 2.58% | 282,000,000.00 | 282,000,000.00 | 0.00 | 0.0000000 | 606,300.00 | 1.2373469 | 490000000 | |||||||||||||||||||||
Class B 45,000,000 @ 2.85% | 45,000,000.00 | 45,000,000.00 | 0.00 | 0.0000000 | 106,875.00 | 1.5545186 | 68751189 | |||||||||||||||||||||
Total Notes | 1,370,561,853.06 | 1,319,274,478.19 | 51,287,374.87 | 2,041,375.00 | 2,115,421,189.00 | |||||||||||||||||||||||
* | Class A-1 Interest is computed on an Actual/360 Basis. Days in current period |