EX-99 2 k91352exv99.htm MONTHLY REPORT OT HOLDERS OF THE ASSET BACKED NOTES, SERIES 2004-C exv99
 

Chrysler Financial       Distribution Date:   10-Jan-05
DaimlerChrysler Auto Trust 2004-C Monthly Servicer’s Certificate (HY)   Page 1 of 2
                 
Payment Determination Statement Number
       2          
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
     92,487       1,519,742,085.71  
Collections of Installment Principal
             31,803,214.39  
Collections Attributable to Full Payoffs
             21,444,387.84  
Principal Amount of Repurchases
             0.00  
Principal Amount of Gross Losses
             269,864.55  
 
              
Pool Balance — End of Period
     90,640       1,466,224,618.93  
 
              
 
                
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)
             92.62 %
 
                
Ending O/C Amount
             91,503,440.22  
Coverage Ratio (Ending Pool Balance as a Percent of Ending Notes)
             106.66 %
 
                
Cumulative Net Losses
             162,437.75  
Net Loss Ratio (3 mo. Weighted Avg.)
             0.06300 %
Cumulative Recovery Ratio
             53.33 %
60+ Days Delinquency Amount
             2,001,512.57  
Delinquency Ratio (3 mo. Weighted Avg.)
             0.04890 %
 
                
Weighted Average APR
             6.280 %
Weighted Average Remaining Term (months)
             49.38  
Weighted Average Seasoning (months)
             13.60  

 

Chrysler Financial
DaimlerChrysler Auto Trust 2004-C Monthly Servicer’s Certificate (HY) 		  Distribution Date: 10-Jan-05
Page 2 of 2
                     
Cash Sources
                    
Collections of Installment Principal
     31,803,214.39              
Collections Attributable to Full Payoffs
     21,444,387.84              
 
                    
Principal Amount of Repurchases
     0.00     O/C Release    (Prospectus pg S18-S20)        
Recoveries on Loss Accounts
     167,436.61     Pool Balance     1,466,224,618.93  
Collections of Interest
     7,944,814.89     Yield Supplement O/C Amount     (52,324,257.86 )
 
                  
Investment Earnings
     76,021.43     Adjusted Pool Balance     1,413,900,361.07  
Reserve Account
     3,750,000.00              
 
                  
Total Sources
     65,185,875.16     Total Securities     1,374,721,178.71  
 
                
 
                    
 
           Adjusted O/C Amount     39,179,182.36  
 
                    
Cash Uses
                    
Servicer Fee
     1,266,451.74     Target Overcollateralization Amount     70,695,018.05  
A Note Interest
     3,248,465.88              
Priority Principal Distribution Amount
     0.00     O/C Release Period?   No
B Note Interest
     130,125.00              
Reserve Fund
     3,750,000.00     O/C Release     0.00  
Regular Principal Distribution Amount
     56,790,832.54              
Distribution to Certificateholders
     0.00              
 
                  
Total Cash Uses
     65,185,875.16              
 
                  
 
                    
Administrative Payment
                    
Total Principal and Interest Sources
     65,185,875.16              
Investment Earnings in Trust Account
     (76,021.43 )            
Daily Collections Remitted
     (58,935,486.01 )            
Cash Reserve in Trust Account
     (3,750,000.00 )            
Servicer Fee (withheld)
     (1,266,451.74 )            
O/C Release to Seller
     0.00            
 
                  
Payment Due to/(from) Trust Account
     1,157,915.98            
 
                  
                                                         
    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%
     271,512,011.25       214,721,178.71       56,790,832.54       167.0318604       547,549.22       1.6104389       340000000  
Class A-2 460,000,000 @ 2.62%
     460,000,000.00       460,000,000.00       .000       0.0000000       1,004,333.33       2.1833333       460000000  
Class A-3 375,000,000 @ 2.98%
     375,000,000.00       375,000,000.00       0.00       0.0000000       931,250.00       2.4833333       375000000  
Class A-4 280,000,000 @ 3.28%
     280,000,000.00       280,000,000.00       0.00       0.0000000       765,333.33       2.7333333       280000000  
Class B 45,000,000 @ 3.47%
     45,000,000.00       45,000,000.00       0.00       0.0000000       130,125.00       2.8916667       45000000  
 
                                            
Total Notes
     1,431,512,011.25       1,374,721,178.71       56,790,832.54               3,378,590.88               1,500,000,000.00  
 
                                              

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