Exhibit 99
Chrysler Financial | Distribution Date: | 08-Sep-04 | ||
DaimlerChrysler Auto Trust 2004-B Monthly Servicer’s Certificate (HW) | Page 1 of 2 |
Payment Determination Statement Number | 2 | |
Distribution Date | 08-Sep-04 |
Dates Covered | From and Including | To and Including | ||
Collections Period | 01-Aug-04 | 31-Aug-04 | ||
Accrual Period | 09-Aug-04 | 07-Sep-04 | ||
30/360 Days | 30 | |||
Actual/360 Days | 30 |
Number of | ||||||||
Collateral Pool Balance Data | Accounts | $ Amount | ||||||
Pool Balance — Beginning of Period | 88,629 | 1,558,118,426.57 | ||||||
Collections of Installment Principal | 30,865,212.59 | |||||||
Collections Attributable to Full Payoffs | 25,685,065.20 | |||||||
Principal Amount of Repurchases | 0.00 | |||||||
Principal Amount of Gross Losses | 43,756.55 | |||||||
Pool Balance — End of Period | 86,896 | 1,501,524,392.23 | ||||||
Pool Statistics | End of Period | |||
Initial Pool Balance (Pool Balance at the Purchase Date) | 1,591,599,286.14 | |||
Pool Factor (Pool Balance as a Percent of Initial Pool Balance) | 94.34 | % | ||
Ending O/C Amount | 97,779,334.43 | |||
Coverage Ratio (Ending Pool Balance as a Percent of Ending Notes) | 106.97 | % | ||
Cumulative Net Losses | 34,778.07 | |||
Net Loss Ratio (3 mo. Weighted Avg.) | 0.02680 | % | ||
Cumulative Recovery Ratio | 31.77 | % | ||
60+ Days Delinquency Amount | 835,198.39 | |||
Delinquency Ratio (3 mo. Weighted Avg.) | 0.03010 | % | ||
Weighted Average APR | 6.123 | % | ||
Weighted Average Remaining Term (months) | 51.68 | |||
Weighted Average Seasoning (months) | 10.79 |
Chrysler Financial | Distribution Date: | 08-Sep-04 | ||
DaimlerChrysler Auto Trust 2004-B Monthly Servicer’s Certificate (HW) | Page 2 of 2 |
Cash Sources | ||||||||||
Collections of Installment Principal | 30,865,212.59 | |||||||||
Collections Attributable to Full Payoffs | 25,685,065.20 | |||||||||
Principal Amount of Repurchases | 0.00 | O/C Release (Prospectus pg S18-S20) | ||||||||
Recoveries on Loss Accounts | 15,397.44 | Pool Balance | 1,501,524,392.23 | |||||||
Collections of Interest | 8,273,012.00 | Yield Supplement O/C Amount | (61,285,062.49 | ) | ||||||
Investment Earnings | 36,230.37 | Adjusted Pool Balance | 1,440,239,329.74 | |||||||
Reserve Account | 3,750,000.00 | |||||||||
Total Sources | 68,624,917.60 | Total Securities | 1,403,745,057.80 | |||||||
Adjusted O/C Amount | 36,494,271.94 | |||||||||
Cash Uses | ||||||||||
Servicer Fee | 1,298,432.02 | Target Overcollateralization Amount | 72,011,966.49 | |||||||
A Note Interest | 3,220,169.55 | |||||||||
Priority Principal Distribution Amount | 0.00 | O/C Release Period? | No | |||||||
B Note Interest | 145,875.00 | |||||||||
Reserve Fund | 3,750,000.00 | O/C Release | 0.00 | |||||||
Regular Principal Distribution Amount | 60,210,441.03 | |||||||||
Distribution to Certificateholders | 0.00 | |||||||||
Total Cash Uses | 68,624,917.60 | |||||||||
Administrative Payment | ||||||||||
Total Principal and Interest Sources | 68,624,917.60 | |||||||||
Investment Earnings in Trust Account | (36,230.37 | ) | ||||||||
Daily Collections Remitted | (64,804,522.78 | ) | ||||||||
Cash Reserve in Trust Account | (3,750,000.00 | ) | ||||||||
Servicer Fee (withheld) | (1,298,432.02 | ) | ||||||||
O/C Release to Seller | 0.00 | |||||||||
Payment Due to/(from) Trust Account | (1,264,267.57 | ) | ||||||||
Beginning | Ending | Principal | Principal per | Interest | Interest per | |||||||||||||||||||||||
Notes | Balance | Balance | Payment | $1000 Face | Payment | $1000 Face | Original | |||||||||||||||||||||
Class A-1 380,000,000 @ 1.72% | 343,955,498.83 | 283,745,057.80 | 60,210,441.03 | 158.4485290 | 493,002.88 | 1.2973760 | 380000000 | |||||||||||||||||||||
Class A-2 427,000,000 @ 2.48% | 375,000,000.00 | 375,000,000.00 | 0.00 | 0.0000000 | 775,000.00 | 2.0666667 | 375000000 | |||||||||||||||||||||
Class A-3 366,000,000 @ 3.18% | 480,000,000.00 | 480,000,000.00 | 0.00 | 0.0000000 | 1,272,000.00 | 2.6500000 | 480000000 | |||||||||||||||||||||
Class A-4 282,000,000 @ 3.71% | 220,000,000.00 | 220,000,000.00 | 0.00 | 0.0000000 | 680,166.67 | 3.0916667 | 220000000 | |||||||||||||||||||||
Class B 45,000,000 @ 3.89% | 45,000,000.00 | 45,000,000.00 | 0.00 | 0.0000000 | 145,875.00 | 3.2416667 | 45000000 | |||||||||||||||||||||
Total Notes | 1,463,955,498.83 | 1,403,745,057.80 | 60,210,441.03 | 3,366,044.55 | 1,500,000,000.00 | |||||||||||||||||||||||
* Class A-1 Interest is computed on an Actual/360 Basis. Days in current period | 30 | |||