EX-99 2 k91351exv99.htm MONTHLY REPORT TO HOLDERS OF THE ASSET BACKED NOTES, SERIES 2004-B exv99
 

Exhibit 99

Chrysler Financial       Distribution Date:   10-Jan-05
DaimlerChrysler Auto Trust 2004-B Monthly Servicer’s Certificate (HW)   Page 1 of 2
                 
Payment Determination Statement Number
     6          
Distribution Date
   10-Jan-05
          
 
                
Dates Covered
 From and Including   To and Including
Collections Period
   01-Dec-04
     31-Dec-04
Accrual Period
   08-Dec-04
     09-Jan-05
30/360 Days
     30          
Actual/360 Days
     33          
 
                
 
   Number of        
Collateral Pool Balance Data
   Accounts   $Amount
 
                
Pool Balance — Beginning of Period
     81,157       1,351,305,686.74  
Collections of Installment Principal
             27,939,419.91  
Collections Attributable to Full Payoffs
             18,370,101.75  
Principal Amount of Repurchases
             0.00  
Principal Amount of Gross Losses
             2,312,293.80  
 
              
 
                
Pool Balance — End of Period
     79,089       1,302,683,871.28  
 
              
 
                
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)
             81.85 %
 
                
Ending O/C Amount
             106,927,745.32  
Coverage Ratio (Ending Pool Balance as a Percent of Ending Notes)
             108.94 %
 
                
Cumulative Net Losses
             2,549,869.75  
Net Loss Ratio (3 mo. Weighted Avg.)
             0.68890 %
Cumulative Recovery Ratio
             50.21 %
60+ Days Delinquency Amount
             4,253,170.36  
Delinquency Ratio (3 mo. Weighted Avg.)
             0.30240 %
 
                
Weighted Average APR
             6.122 %
Weighted Average Remaining Term (months)
             48.33  
Weighted Average Seasoning (months)
             14.44  

 

Chrysler Financial
DaimlerChrysler Auto Trust 2004-B Monthly Servicer’s Certificate (HW) 		  Distribution Date: 10-Jan-05
Page 2 of 2
                     
Cash Sources
                    
Collections of Installment Principal
     27,939,419.91              
Collections Attributable to Full Payoffs
     18,370,10.75              
 
                    
Principal Amount of Repurchases
     0.00     O/C Release    (Prospectus pg S18-S20)        
Recoveries on Loss Accounts
     1,101,954.58     Pool Balance     1,302,683,871.28  
Collections of Interest
     6,845,604.47     Yield Supplement O/C Amount     (51,991,005.35 )
 
                  
Investment Earnings
     69,850.94     Adjusted Pool Balance     1,250,692,865.93  
Reserve Account
     3,750,000.00              
 
                  
Total Sources
     58,076,931.65     Total Securities     1,195,756,125.96  
 
                
 
                    
 
           Adjusted O/C Amount     54,936,739.97  
 
                    
Cash Uses
                    
Servicer Fee
     1,126,088.07     Target Overcollateralization Amount     62,534,643.30  
A Note Interest
     2,925,646.06              
Priority Principal Distribution Amount
     0.00     O/C Release Period?   No
B Note Interest
     145,874.00              
Reserve Fund
     3,750,000.00     O/C Release     0.00  
Regular Principal Distribution Amount
     50,129,322.52              
Distribution to Certificateholders
     0.00              
 
                  
Total Cash Uses
     58,076,931.65              
 
                  
 
                    
Administrative Payment
                    
Total Principal and Interest Sources
     58,06,931.65              
Investment Earnings in Trust Account
     (69,850.94 )            
Daily Collections Remitted
     (55,226,041.60 )            
Cash Reserve in Trust Account
     (3,750,000.00 )            
Servicer Fee (withheld)
     (1,126,088.07 )            
O/C Release to Seller
     0.00              
 
                  
Payment Due to/(from) Trust Account
     (2,095,048.96 )            
 
                  
                                                         
    Beginning     Ending     Principal     Principal per     Interest     Interest per        
    Balance     Balance     Payment     $1000 Face     Payment     $1000 Face     Original  
Notes
                                                        
Class A-1 380,000,000 @ 1.72%
     125,885,448.48       75,756,125.96       50,129,322.52       131.9192698       198,479.39       0.5223142       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
     1,245,885,448.48       1,195,756,125.96       50,129,322.52               3,071,521.06               1,500,000,000.00  
 
                                              

     * Class A-1 Interest is computed on an Actual/360 Basis. Days in current period           33