EX-99 2 k87898exv99.htm MONTHLY REPORT TO HOLDERS OF THE ASSET BACKED NOTES exv99
 

Chrysler Financial   Distribution Date:   09-Aug-04
DaimlerChrysler Auto Trust 2004-B Monthly Servicer’s Certificate (HW)       Page 1 of 2
         
Payment Determination Statement Number
    1  
Distribution Date
  09-Aug-04
                 
Dates Covered
  From and Including
  To and Including
Collections Period
  13-Jul-04   31-Jul-04
Accrual Period
  30-Jul-04   08-Aug-04
30/360 Days
    9          
Actual/360 Days
    10          
                 
    Number of    
Collateral Pool Balance Data
  Accounts
  $ Amount
Pool Balance — Beginning of Period
    89,660       1,591,599,268.14  
Collections of Installment Principal
            17,335,794.11  
Collections Attributable to Full Payoffs
            16,137,852.76  
Principal Amount of Repurchases
            0.00  
Principal Amount of Gross Losses
            7,212.70  
 
           
 
 
Pool Balance — End of Period
    88,629       1,558,118,408.57  
 
           
 
 
         
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)
    97.90 %
Ending O/C Amount
    94,162,909.74  
Coverage Ratio (Ending Pool Balance as a Percent of Ending Notes)
    106.43 %
Cumulative Net Losses
    6,418.96  
Net Loss Ratio (3 mo. Weighted Avg.)
    0.00000 %
Cumulative Recovery Ratio
    11.00 %
60+ Days Delinquency Amount
    85,682.76  
Delinquency Ratio (3 mo. Weighted Avg.)
    0.00550 %
Weighted Average APR
    6.124 %
Weighted Average Remaining Term (months)
    52.54  
Weighted Average Seasoning (months)
    9.86  

 


 

Chrysler Financial
DaimlerChrysler Auto Trust 2004-B Monthly Servicer’s Certificate (HW)
  Distribution Date:   09-Aug-04
Page 2 of 2
                                 
Cash Sources
                               
Collections of Installment Principal
    17,335,794.11                          
Collections Attributable to Full Payoffs
    16,137,852.76                          
Principal Amount of Repurchases
    0.00     O/C Release   (Prospectus pg S18-S20)        
Recoveries on Loss Accounts
    793.74     Pool Balance             1,558,118,408.57  
Collections of Interest
    4,409,069.99     Yield Supplement O/C Amount             (63,736,044.96 )
 
                           
 
 
Investment Earnings
    258.26     Adjusted Pool Balance             1,494,382,363.61  
Reserve Account
    3,750,000.00                          
 
   
 
                         
Total Sources
    41,633,768.86     Total Securities             1,463,955,498.83  
 
   
 
                     
 
 
 
          Adjusted O/C Amount             30,426,864.78  
Cash Uses
                               
Servicer Fee
    795,799.63     Target Overcollateralization Amount             74,719,118.18  
A Note Interest
    999,705.56                          
Priority Principal Distribution Amount
    0.00     O/C Release Period?           No
B Note Interest
    43,762.50                          
Reserve Fund
    3,750,000.00     O/C Release             0.00  
Regular Principal Distribution Amount
    36,044,501.17                          
Distribution to Certificateholders
    0.00                          
 
   
 
                         
Total Cash Uses
    41,633,768.86                          
 
   
 
                         
Administrative Payment
                               
Total Principal and Interest Sources
    41,633,768.86                          
Investment Earnings in Trust Account
    (258.26 )                        
Daily Collections Remitted
    (27,940,001.60 )                        
Cash Reserve in Trust Account
    (3,750,000.00 )                        
Servicer Fee (withheld)
    (795,799.63 )                        
O/C Release to Seller
    0.00                          
 
   
 
                         
Payment Due to/(from) Trust Account
    9,147,709.37                          
 
   
 
                         
                                                         
    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%
    380,000,000.00       343,955,498.83       36,044,501.17       94.8539504       181,555.56       0.4777778       380000000  
Class A-2 427,000,000 @ 2.48%
    375,000,000.00       375,000,000.00       0.00       0.0000000       232,500.00       0.6200000       375000000  
Class A-3 366,000,000 @ 3.18%
    480,000,000.00       480,000,000.00       0.00       0.0000000       381,600.00       0.7950000       480000000  
Class A-4 282,000,000 @ 3.71%
    220,000,000.00       220,000,000.00       0.00       0.0000000       204,050.00       0.9275000       220000000  
Class B 45,000,000 @ 3.89%
    45,000,000.00       45,000,000.00       0.00       0.0000000       43,762.50       0.9725000       45000000  
 
   
 
     
 
     
 
             
 
             
 
 
Total Notes
    1,500,000,000.00       1,463,955,498.83       36,044,501.17               1,043,468.06               1,500,000,000.00  
 
   
 
     
 
     
 
             
 
             
 
 


*   Class A-1 Interest is computed on Actual/360 Basis. Days in current period 10.