EXHIBIT 99
CHRYSLER FINANCIAL DISTRIBUTION DATE: 08-JAN-03
DaimlerChrysler Auto Trust 2002-C Monthly Servicer's Certificate (HQ) Page 1 of 2
- ------------------------------------------------------------------------------------------------------------------------------------
Payment Determination Statement Number 2
Distribution Date 08-Jan-03
DATES COVERED FROM AND INCLUDING TO AND INCLUDING
------------- ------------------ ----------------
Collections Period 01-Dec-02 31-Dec-02
Accrual Period 09-Dec-02 07-Jan-03
30/360 Days 30
Actual/360 Days 30
NUMBER OF
COLLATERAL POOL BALANCE DATA ACCOUNTS $ AMOUNT
---------------------------- -------- --------
Pool Balance - Beginning of Period 122,972 2,085,572,074.29
Collections of Installment Principal 41,657,053.45
Collections Attributable to Full Payoffs 16,021,759.05
Principal Amount of Repurchases 0.00
Principal Amount of Gross Losses 456,014.25
-------------------------
Pool Balance - End of Period 121,578 2,027,437,247.54
=========================
POOL STATISTICS END OF PERIOD
--------------- -------------------------
Initial Pool Balance (Pool Balance at the Purchase Date) 2,183,399,690.47
Pool Factor (Pool Balance as a Percent of Initial Pool Balance) 92.86%
Ending O/C Amount 127,233,607.46
Coverage Ratio (Ending Pool Balance as a Percent of Ending Securities) 106.70%
Cumulative Net Losses 259,046.46
Net Loss Ratio (3 mo. Weighted Avg.) 0.07360%
Cumulative Recovery Ratio 51.83%
60+ Days Delinquency Amount 4,588,199.28
Delinquency Ratio (3 mo. Weighted Avg.) 0.10670%
Weighted Average APR 5.927%
Weighted Average Remaining Term (months) 51.05
Weighted Average Seasoning (months) 8.41
CHRYSLER FINANCIAL DISTRIBUTION DATE: 08-JAN-03
DAIMLERCHRYSLER AUTO TRUST 2002-C MONTHLY SERVICER'S CERTIFICATE (HQ) PAGE 2 OF 2
- ------------------------------------------------------------------------------------------------------------------------------------
CASH SOURCES
------------
Collections of Installment Principal 41,657,053.45
Collections Attributable to Full Payoffs 16,021,759.05
Principal Amount of Repurchases 0.00 O/C RELEASE (Prospectus pg S16)
Recoveries on Loss Accounts 250,943.19 -----------
Collections of Interest 10,330,242.89 Pool Balance 2,027,437,247.54
Investment Earnings 68,505.47 Yield Supplement O/C Amount (48,147,054.75)
Reserve Account 5,173,415.00 ------------------
--------------- Adjusted Pool Balance 1,979,290,192.79
TOTAL SOURCES 73,501,919.05
===============
Total Securities 1,900,203,640.08
------------------
Adjusted O/C Amount 79,086,552.71
CASH USES
---------
Servicer Fee 1,737,976.73 O/C Release Threshold 74,223,382.23
Note Interest 3,746,974.44
Reserve Fund 5,173,415.00 O/C Release Period? (A1 Notes Matured) No
O/C Release to Seller 0.00
Note Principal 62,843,552.88 O/C Release 0.00
---------------
TOTAL CASH USES 73,501,919.05
===============
ADMINISTRATIVE PAYMENT
----------------------
Total Principal and Interest Sources 73,501,919.05
Investment Earnings in Trust Account (68,505.47)
Daily Collections Remitted (64,465,510.30)
Cash Reserve in Trust Account (5,173,415.00)
Servicer Fee (withheld) (1,737,976.73)
O/C Release to Seller 0.00
---------------
PAYMENT DUE TO/(FROM) TRUST ACCOUNT 2,056,511.55
===============
Beginning Ending Principal Principal per Interest
Balance Balance Payment $1000 Face Payment
----------------- ----------------------------------------------------------------------
NOTES & CERTIFICATES
--------------------
Class A-1 380,000,000 @ 1.79% 273,681,192.96 210,837,640.08 62,843,552.88 165.3777707 408,241.11
Class A-2 700,000,000 @ 2.07% 700,000,000.00 700,000,000.00 0.00 0.0000000 1,207,500.00
Class A-3 550,000,000 @ 2.56% 550,000,000.00 550,000,000.00 0.00 0.0000000 1,173,333.33
Class A-4 372,000,000 @ 3.09% 372,000,000.00 372,000,000.00 0.00 0.0000000 957,900.00
Certificates 67,366,000.00 67,366,000.00 0.00 0.0000000 0.00
----------------- ----------------------------------- ----------------
Total Securities 1,963,047,192.96 1,900,203,640.08 62,843,552.88 3,746,974.44
================= =================================== ================
Interest per
$1000 Face Original
-----------------
NOTES & CERTIFICATES
--------------------
Class A-1 380,000,000 @ 1.79% 1.0743187 380000000
Class A-2 700,000,000 @ 2.07% 1.7250000 700000000
Class A-3 550,000,000 @ 2.56% 2.1333333 550000000
Class A-4 372,000,000 @ 3.09% 2.5750000 372000000
Certificates 67366000
---------------------------
Total Securities 2,069,366,000.00
===========================
* Class A-1 Interest is computed on an Actual/360 Basis. Days in current
period 30