EX-99 2 k90552exv99.htm MONTHLY REPORT TO HOLDERS OF ASSET BACKED NOTES exv99
 

Exhibit 99

         
Chrysler Financial
  Distribution Date:   08-Dec-04
DaimlerChrysler Auto Trust 2004-C Monthly Servicer’s Certificate (HY)
      Page 1 of 2
             
Payment Determination Statement Number
       1    
Distribution Date
  08-Dec-04    
                 
Dates Covered
   From and Including
   To and Including
Collections Period
   26-Oct-04   30-Nov-04
Accrual Period
   17-Nov-04   07-Dec-04
30/360 Days
     21          
Actual/360 Days
     21          
                 
    Number of    
Collateral Pool Balance Data
   Accounts
   $ Amount
Pool Balance — Beginning of Period
     94,457       1,583,099,434.13  
Collections of Installment Principal
             36,165,693.11  
Collections Attributable to Full Payoffs
             27,113,458.19  
Principal Amount of Repurchases
             0.00  
Principal Amount of Gross Losses
             78,197.12  
 
            
 		  
Pool Balance — End of Period
     92,487       1,519,742,085.71  
 
            
 		  
         
Pool Statistics
   End of Period
Initial Pool Balance (Pool Balance at the Purchase Date)
     1,583,099,434.13  
Pool Factor (Pool Balance as a Percent of Initial Pool Balance)
     96.00 %
Ending O/C Amount
     88,230,074.46  
Coverage Ratio (Ending Pool Balance as a Percent of Ending Notes)
     106.16 %
Cumulative Net Losses
     60,009.81  
Net Loss Ratio (3 mo. Weighted Avg.)
     0.04570 %
Cumulative Recovery Ratio
     23.26 %
60+ Days Delinquency Amount
     154,087.61  
Delinquency Ratio (3 mo. Weighted Avg.)
     0.00740 %
Weighted Average APR
     6.273 %
Weighted Average Remaining Term (months)
     50.22  
Weighted Average Seasoning (months)
     12.72  
         
Chrysler Financial
  Distribution Date:   08-Dec-04
DaimlerChrysler Auto Trust 2004-C Monthly Servicer’s Certificate (HY)
      Page 2 of 2

         
Cash Sources
        
Collections of Installment Principal
     36,165,693.11  
Collections Attributable to Full Payoffs
     27,113,458.19  
Principal Amount of Repurchases
     0.00  
Recoveries on Loss Accounts
     18,187.31  
Collections of Interest
     9,071,260.94  
Investment Earnings
     32,601.16  
Reserve Account
     3,750,000.00  
 
    
 		  
Total Sources
     76,151,200.71  
 
    
 		  
                 
O/C Release
   (Prospectus pg S18-S20)        
Pool Balance
             1,519,742,085.71  
Yield Supplement O/C Amount
             (54,560,363.37 )
 
            
 		  
Adjusted Pool Balance
             1,465,181,722.34  
Total Securities
             1,431,512,011.25  
 
            
 		  


 

 

         
Cash Uses
        
Servicer Fee
     1,495,149.47  
A Note Interest
     2,326,974.99  
Priority Principal Distribution Amount
     0.00  
B Note Interest
     91,087.50  
Reserve Fund
     3,750,000.00  
Regular Principal Distribution Amount
     68,487,988.75  
Distribution to Certificateholders
     0.00  
 
    
 		  
Total Cash Uses
     76,151,200.71  
 
    
 		  
Administrative Payment
        
Total Principal and Interest Sources
     76,151,200.71  
Investment Earnings in Trust Account
     (32,601.16 )
Daily Collections Remitted
     (66,295,626.92 )
Cash Reserve in Trust Account
     (3,750,000.00 )
Servicer Fee (withheld)
     (1,495,149.47 )
O/C Release to Seller
     0.00  
 
    
 		  
Payment Due to/(from) Trust Account
     4,577,823.16  
 
    
 		  
         
Adjusted O/C Amount
     33,669,711.09  
Target Overcollateralization Amount
     73,259,086.12  
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-1 340,000,000 @ 2.20%
     340,000,000.00       271,512,011.25       68,487,988.75       201.4352610       436,333.33       1.2833333       340000000  
Class A-2 460,000,000 @ 2.62%
     460,000,000.00       460,000,000.00       0.00       0.0000000       703,033.33       1.5283333       460000000  
Class A-3 375,000,000 @ 2.98%
     375,000,000.00       375,000,000.00       0.00       0.0000000       651,875.00       1.7383333       375000000  
Class A-4 280,000,000 @ 3.28%
     280,000,000.00       280,000,000.00       0.00       0.0000000       535,733.33       1.9133333       280000000  
Class B 45,000,000 @ 3.47%
     45,000,000.00       45,000,000.00       0.00       0.0000000       91,087.50       2.0241667       45000000  
 
    
 		      
 		      
 		              
 		              
 		  
Total Notes
     1,500,000,000.00       1,431,512,011.25       68,487,988.75               2,418,062.49               1,500,000,000.00  
 
    
 		      
 		      
 		              
 		              
 		  

* Class A-1 Interest is computed on an Actual/360 Basis. Days in current period 21