UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

FORM 10-D

ASSET-BACKED ISSUER
DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

For the monthly distribution period from
April 01, 2022  to  April 30, 2022

Commission File Number of issuing entity: 333-232590-02

Central Index Key Number of issuing entity: 0001813420

Mercedes-Benz Auto Receivables Trust 2020-1
(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor: 333-232590

Central Index Key Number of depositor: 0001463814

Daimler Retail Receivables LLC
(Exact name of depositor as specified in its charter)

Central Index Key Number of sponsor: 0001540252

Mercedes-Benz Financial Services USA LLC
(Exact name of sponsor as specified in its charter)

State of Delaware
(State or other jurisdiction of incorporation or organization of the issuing entity)

85-6284131
(I.R.S. Employer Identification No.)

35555 W. Twelve Mile Rd.
Suite 100
Farmington Hills, Michigan
(Address of principal executive offices of issuing entity)

48331
(Zip Code)

(248) 9916700
(Telephone number, including area code)

N.A.
(Former name, former address, if changed since last report)

Registered/reporting pursuant to (check one)
Name of exchange
Title of ClassSection 12(b)Section 12(g)Section 15(d)(If Section 12(b))
Class A-1 Asset Backed Notes                    
Class A-2 Asset Backed Notes                    
Class A-3 Asset Backed Notes                    
Class A-4 Asset Backed Notes                    

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities and Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days?   Yes  ☒ No ☐

PART I - DISTRIBUTION INFORMATION

Item 1.  Distribution and Pool Performance Information.

     On May 16, 2022 a distribution was made to holders of notes of the issuing entity.  The distribution report for this distribution is attached to this Form 10-D as Exhibit 99.1.

     No assets held by issuing entity were the subject of a demand to repurchase or replace for breach of the representations and warranties during the period from April 01, 2022 to April 30, 2022.

     Reference is made to the Form ABS – 15G filed by Mercedes-Benz Financial Services USA LLC with the Securities and Exchange Commission on February 02, 2022, and to the information reported for the period indicated in the report regarding any repurchase requests across all trusts for which Mercedes-Benz Financial Services USA LLC is a securitizer (as that term is defined in Section 15G(a) of the Securities Exchange Act of 1934).  The CIK number of Mercedes-Benz Financial Services USA LLC is 0001540252.

Item 1A.  Asset-Level Information.

     Asset-level data for the reporting period covered by this Form 10-D is included in Exhibit 102 to the Form ABS-EE filed by the issuing entity with the Securities and Exchange Commission on May 20, 2022 (the “Form ABS-EE”) and is incorporated by reference into this Form 10-D.  Additional asset-level information or explanatory language is included in Exhibit 103 to the Form ABS-EE and is also incorporated by reference into this Form 10-D.

PART II - OTHER INFORMATION

Item 10.  Exhibits.

Exhibit
No.Description of Exhibit
99.1Distribution report of the issuing entity

102Asset Data File (Exhibit 102 to Form ABS-EE filed by the issuing entity on May 20, 2022)

103Asset Related Document (Exhibit 103 to Form ABS-EE filed by the issuing entity on May 20, 2022)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Mercedes-Benz Auto Receivables Trust 2020-1
(Issuing Entity)

By:  Mercedes-Benz Financial Services USA LLC
(Servicer)

Date: May 23, 2022By: /s/  Christopher Trainor
Christopher Trainor
Vice President

EXHIBIT INDEX

Exhibit
No.Description of Exhibit
99.1Distribution report of the issuing entity

102Asset Data File (Exhibit 102 to Form ABS-EE filed by the issuing entity on May 20, 2022)

103Asset Related Document (Exhibit 103 to Form ABS-EE filed by the issuing entity on May 20, 2022)


J:\SEC\MBART\mbart20201


Investor Report
Mercedes-Benz Auto Receivables Trust 2020-1
Collection Period Ended
Page 1 of 5
Amounts in USD
30-Apr-2022
Dates
Interest Period of the Class A-1 Notes (from... to)
Collection Period (from... to)
23
16-May-2022
Distribution Date
30-Apr-2022
1-Apr-2022
30/360 Days
Actual/360 Days
Collection Period No.
Determination Date
Interest Period of the Class A-2A, A-3 and A-4 Notes (from... to)
12-May-2022
Record Date
13-May-2022
30
31
16-May-2022
15-Apr-2022
15-May-2022
15-Apr-2022
Summary
Balance
Beginning
Ending
Principal
Payment
Principal per $1000
Face Amount
Initial
Note
Factor
Balance
Balance
0.00
0.00
0.00
Class A-1 Notes
0.000000
278,000,000.00
0.000000
0.00
0.00
0.00
Class A-2 Notes
0.000000
351,600,000.00
0.000000
257,993,878.02
20,008,841.47
237,985,036.55
Class A-3 Notes
56.907968
351,600,000.00
0.676863
80,020,000.00
0.00
80,020,000.00
Class A-4 Notes
0.000000
80,020,000.00
1.000000
338,013,878.02
318,005,036.55
20,008,841.47
Total Note Balance
1,061,220,000.00
Yield Supplement Overcollateralization Amount
Adjusted Pool Balance
Overcollateralization
10,985,051.18
27,211,147.07
365,225,025.09
27,211,147.07
Pool Balance
376,900,599.03
356,201,234.80
1,124,777,926.44
1,088,445,882.84
36,332,043.60
11,675,573.94
345,216,183.62
27,225,882.84
Initial Overcollateralization Amount
Target Overcollateralization Amount
Current Overcollateralization Amount
Amount
Percentage
27,211,147.07
2.50%
2.50%
27,225,882.84
2.50%
27,211,147.07
Interest Payment
Interest per
Interest & Principal
Payment
Interest & Principal Payment
per $1000 Face Amount
Interest Rate
$1000 Face Amount
Class A-1 Notes
0.262750%
0.00
0.000000
0.00
0.000000
Class A-2 Notes
0.460000%
0.00
0.000000
0.00
0.000000
Class A-3 Notes
0.550000%
118,247.19
0.336312
20,127,088.66
57.244279
Class A-4 Notes
0.770000%
51,346.17
0.641667
51,346.17
0.641667
$20,178,434.83
Total
$169,593.36

Investor Report
Mercedes-Benz Auto Receivables Trust 2020-1
Collection Period Ended
Page 2 of 5
Amounts in USD
30-Apr-2022
Net Liquidation Proceeds
Investment Earnings
Reserve Fund Draw Amount
Available Funds
Interest Collections
Purchase Amounts
Principal Collections
0.00
Advances made by the Servicer
Available Collections
21,862,709.91
Recoveries
0.00
20,549,223.12
21,862,709.91
38,488.12
41,117.27
1,233,650.52
230.88
0.00
(1) Total Servicing Fee
(2) Total Trustee Fees and any Asset Representations Reviewer
fees (max. $250,000 p.a.)
Nonrecoverable Advances to the Servicer
314,083.83
0.00
0.00
(3) Interest Distributable Amount Class A Notes
(4) Priority Principal Distributable Amount
169,593.36
0.00
(5) To Reserve Fund to reach the Reserve Fund Required Amount
(6) Regular Principal Distributable Amount
(7) Additional Servicing Fee and Transition Costs
0.00
20,008,841.47
0.00
(8) Total Trustee Fees and any Asset Representations Reviewer
fees [not previously paid under (2)]
0.00
(9) Excess Collections to Certificateholders
Total Distribution
21,862,709.91
1,370,191.25
Distributions
Available Funds
Distribution Detail
Paid
Shortfall
Due
0.00
314,083.83
314,083.83
Total Servicing Fee
Total Trustee Fee
0.00
0.00
0.00
169,593.36
169,593.36
0.00
Monthly Interest Distributable Amount
thereof on Class A-1 Notes
0.00
0.00
0.00
thereof on Class A-2 Notes
0.00
0.00
0.00
thereof on Class A-3 Notes
118,247.19
0.00
118,247.19
thereof on Class A-4 Notes
51,346.17
0.00
51,346.17
Interest Carryover Shortfall Amount
0.00
0.00
0.00
thereof on Class A-1 Notes
0.00
0.00
0.00
thereof on Class A-2 Notes
0.00
0.00
0.00
thereof on Class A-3 Notes
0.00
0.00
0.00
thereof on Class A-4 Notes
0.00
0.00
0.00
169,593.36
169,593.36
0.00
Interest Distributable Amount Class A Notes
Priority Principal Distributable Amount
0.00
0.00
0.00
Regular Principal Distributable Amount
20,008,841.47
0.00
20,008,841.47
Aggregate Principal Distributable Amount
20,008,841.47
20,008,841.47
0.00

Investor Report
Mercedes-Benz Auto Receivables Trust 2020-1
Collection Period Ended
Page 3 of 5
Amounts in USD
30-Apr-2022
Reserve Fund and Investment Earnings
Investment Earnings
Net Investment Earnings on the Reserve Fund
Reserve Fund
Reserve Fund Amount - Beginning Balance
Reserve Fund Deficiency
Reserve Fund Amount - Ending Balance
5,442,229.41
0.00
0.00
5,442,229.41
Reserve Fund Required Amount
plus/minus change to meet Reserve Fund Required Amount
plus Net Investment Earnings for the Collection Period
minus Net Investment Earnings
minus Reserve Fund Draw Amount
Investment Earnings for the Collection Period
Net Investment Earnings on the Collection Account
186.15
44.73
44.73
44.73
230.88
5,442,229.41
0.00
Notice to Investors

Investor Report
Mercedes-Benz Auto Receivables Trust 2020-1
Collection Period Ended
Page 4 of 5
Amounts in USD
30-Apr-2022
Pool Statistics
Principal Gross Losses
Pool Data
1,124,777,926.44
3.97%
33.61
33.39
Cutoff Date Pool Balance
Amount
Number of Receivables
Pool Balance beginning of Collection Period
376,900,599.03
Principal Collections
Principal Collections attributable to Full Pay-offs
Principal Purchase Amounts
Pool Balance end of Collection Period
Weighted Average APR
7,263,101.08
0.00
150,141.11
356,201,234.80
19,499
20,126
Weighted Average Number of Remaining Payments
Weighted Average Seasoning (months)
As of Cutoff Date
Current
35,214
13,286,122.04
3.82%
52.53
Pool Factor
31.67%
11.02

Investor Report
Mercedes-Benz Auto Receivables Trust 2020-1
Collection Period Ended
Page 5 of 5
Amounts in USD
30-Apr-2022
Delinquency Profile
(1) A receivable is not considered delinquent if the amount past due is less than 10% of the payment due under such receivable
Total
356,201,234.80
19,499
100.00%
91-120 Days Delinquent
6
0.07%
241,101.75
61-90 Days Delinquent
4
0.03%
120,243.65
31-60 Days Delinquent
28
0.19%
659,096.28
Current
99.71%
355,180,793.12
19,461
Delinquency Profile
(1)
Amount
Number of Receivables
Percentage
Delinquency Trigger
60+ Delinquency Loans to EOP Aggregate Securitization Value
Delinquency Trigger occurred
3.550%
0.101%
No
Loss Statistics
Average Net Loss / (Gain)
7,554.34
Cumulative Principal Net Loss / (Gain) as % of Cutoff Date Pool Balance
Four Month Average
0.000%
Third Prior Collection Period
Second Prior Collection Period
Prior Collection Period
Current Collection Period
0.238%
Principal Net Loss / (Gain) as % of Average Pool Balance (annualized):
1,669,510.16
72,701.66
Principal Net Loss / (Gain)
Principal Recoveries
38,951.33
3,286,699.19
Principal Net Liquidation Proceeds
38,488.12
2,599,321.64
Principal Gross Losses
150,141.11
7,555,530.99
7
221
Losses
(1)
Amount
Number of Receivables
Number of Receivables
Amount
Current
Cumulative
0.148%
(1) Losses include accounts that have been charged off with a balance remaining of less than $50. These accounts are excluded in the Number of Receivables count as they are not
considered a charge-off on a defaulted loan.
0.069 %
(0.085%)
(0.223%)


mbart20201.pdf
Attachment: MERCEDES-BENZ AUTO RECEIVABLES TRUST 2020-1 INVESTOR REPORT MAY 2022