Mercedes-Benz Auto Receivables
T
rust 2020-1
Page 1 of 5
Amounts in USD
Investor Report
Collection Period Ended
30-Apr-2024
Dates
30-Apr-2024
Actual/360 Days
30
30/360 Days
30
15-May-2024
15-May-2024
Collection Period No.
47
Collection Period (from... to)
Determination Date
Record Date
Distribution Date
Interest Period of the Clas
s
A-1 Notes (from... to)
Interest Period of the Clas
s
A-2, A-3 an
d
A-4 Notes (from... to)
1-Apr-2024
13-May-2024
14-May-2024
15-May-2024
15-Apr-2024
15-Apr-2024
Summary
Beginning
Balance
0.00
0.00
0.00
43,323,095.41
Principal
Payment
0.00
0.00
0.00
6,760,143.92
Ending
Balance
0.00
0.00
0.00
36,562,951.49
Clas
s
A-1
Notes
Clas
s
A-2
Notes
Clas
s
A-3
Notes
Clas
s
A-4 Notes
Principal per $1000
Fac
e
Amount
0.000000
0.000000
0.000000
84.480679
Initial
Balance
278,000,000.00
351,600,000.00
351,600,000.00
80,020,000.00
Note
Factor
0.000000
0.000000
0.000000
0.456923
43,323,095.41
36,562,951.49
6,760,143.92
T
otal Note Balance
1,061,220,000.00
Overcollateralization
Adjusted Pool Balance
Y
ield Supplement Overcollateralizatio
n
Amount
Pool Balance
27,211,147.07
70,534,242.48
1,615,122.95
72,149,365.43
27,211,147.07
63,774,098.56
1,420,908.80
65,195,007.36
27,225,882.84
1,088,445,882.84
36,332,043.60
1,124,777,926.44
Initial
Overcollateralizatio
n
Amount
T
arget
Overcollateralizatio
n
Amount
Current Overcollateralizatio
n
Amount
Amount
Percentage
2.50%
2.50%
2.50%
27,225,882.84
27,211,147.07
27,211,147.07
Clas
s
A-1
Notes
Clas
s
A-2
Notes
Clas
s
A-3
Notes
Clas
s
A-4 Notes
Interest
Rate
0.262750%
0.460000%
0.550000%
0.770000%
Interest Payment
0.00
0.00
0.00
27,798.99
Interest per
$1000 Fac
e
Amount
0.000000
0.000000
0.000000
0.347401
Interest & Principal
Payment
0.00
0.00
0.00
6,787,942.91
Interest & Principal Payment
per $1000 Fac
e
Amount
0.000000
0.000000
0.000000
84.828079
$6,787,942.91
T
otal
$27,798.99

Mercedes-Benz Auto Receivables
T
rust 2020-1
Page 2 of 5
Amounts in USD
Investor Report
Collection Period Ended
30-Apr-2024
A
vailable Collections
Reserve Fund Dra
w
Amount
A
vailable Funds
Purchas
e
Amounts
Advances made by the Servicer
Investment Earnings
Principal Collections
Interest Collections
Net Liquidation Proceeds
Recoveries
7,405,850.69
0.00
7,405,850.69
6,892,889.16
258,046.17
20,081.60
186,516.52
0.00
0.00
48,317.24
(1)
T
otal Servicing Fee
Nonrecoverabl
e
Advances to the Servicer
(2)
T
otal Trustee Fees and an
y
Asset Representations Reviewer
fees (max. $250,000 p.a.)
60,124.47
0.00
0.00
27,798.99
0.00
0.00
6,760,143.92
0.00
0.00
(3) Interest Distributabl
e
Amount Clas
s
A Notes
(4) Priority Principal Distributabl
e
Amount
(5)
T
o Reserve Fund to reach the Reserve Fund Require
d
Amount
(6) Regular Principal Distributabl
e
Amount
(7) Additional Servicing Fee and Transition Costs
(8)
T
otal Trustee Fees and an
y
Asset Representations Reviewer
fees [not previously paid under (2)]
(9) Excess Collections to Certificateholders
T
otal Distribution
7,405,850.69
557,783.31
Distributions
A
vailable Funds
Distribution Detail
Paid
Shortfall
Due
T
otal Servicing Fee
T
otal Trustee Fee
60,124.47
0.00
0.00
0.00
60,124.47
0.00
Monthly Interest Distributabl
e
Amount
thereof on Clas
s
A-1 Notes
thereof on Clas
s
A-2 Notes
thereof on Clas
s
A-3 Notes
thereof on Clas
s
A-4 Notes
27,798.99
0.00
0.00
0.00
27,798.99
0.00
0.00
0.00
0.00
0.00
27,798.99
0.00
0.00
0.00
27,798.99
Interest Carryover Shortfal
l
Amount
thereof on Clas
s
A-1
Notes
thereof on Clas
s
A-2
Notes
thereof on Clas
s
A-3
Notes
thereof on Clas
s
A-4
Notes
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
27,798.99
27,798.99
0.00
Interest Distributabl
e
Amount Clas
s
A
Notes
Priority Principal Distributabl
e
Amount
Regular Principal Distributabl
e
Amount
0.00
6,760,143.92
0.00
0.00
0.00
6,760,143.92
Aggregate Principal Distributabl
e
Amount
6,760,143.92
6,760,143.92
0.00

Mercedes-Benz Auto Receivables
T
rust 2020-1
Page 3 of 5
Amounts in USD
Investor Report
Collection Period Ended
30-Apr-2024
Reserve Fund and Investment Earnings
Investment Earnings
Reserve Fund
Reserve Fun
d
Amount - Beginning Balance
Reserve Fund Deficiency
Reserve Fun
d
Amount - Ending Balance
5,442,229.41
0.00
5,442,229.41
Reserve Fund Require
d
Amount
plus/minus change to meet Reserve Fund Require
d
Amount
plus Net Investment Earnings for the Collection Period
minus Net Investment Earnings
minus Reserve Fund Dra
w
Amount
Investment Earnings for the Collection Period
Net Investment Earnings on the Reserve Fund
Net Investment Earnings on the Collectio
n
Account
22,307.37
26,009.87
48,317.24
5,442,229.41
0.00
22,307.37
22,307.37
0.00
Notice to Investors

Mercedes-Benz Auto Receivables
T
rust 2020-1
Page 4 of 5
Amounts in USD
Investor Report
Collection Period Ended
30-Apr-2024
Pool Statistics
Pool Data
4.08%
15.39
54.73
Cutoff Date Pool Balance
Amount
1,124,777,926.44
Pool Balance beginning of Collection Period
72,149,365.43
Principal Collections
Principal Collections attributable to Full Pay-offs
Principal Purchas
e
Amounts
Principal Gross Losses
Pool Balance end of Collection Period
W
eighte
d
A
verag
e
APR
65,195,007.36
7,706
8,090
W
eighte
d
A
verage Number of Remaining Payments
W
eighte
d
A
verage Seasoning (months)
As of Cutoff Date
Current
Number of Receivables
35,214
5,376,774.56
1,516,114.60
0.00
61,468.91
Pool Factor
5.80%
3.82%
52.53
11.02

Mercedes-Benz Auto Receivables
T
rust 2020-1
Page 5 of 5
Amounts in USD
Investor Report
Collection Period Ended
30-Apr-2024
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
31-60
Days
Delinquent
61-90
Days
Delinquent
91-120 Days Delinquent
T
otal
Current
99.20%
0.65%
0.10%
0.05%
100.00%
64,673,468.58
424,767.93
62,539.44
34,231.41
65,195,007.36
7,656
39
7
4
7,706
Delinquency Profile
(1)
Amount
Number of Receivables
Percentage
Delinquency
T
rigger
3.550%
60+ Delinquency Loans to EO
P
Aggregate Securitization
V
alue
0.148%
Delinquency Trigger occurred
No
Loss Statistics
A
verage Net Loss / (Gain)
5,283.97
Cumulative Principal Net Loss / (Gain) as % of Cutoff Date Pool Balance
Four Mont
h
A
verage
(0.260%)
Current Collection Period
Prior Collection Period
Second Prior Collection Period
Third Prior Collection Period
Principal Net Loss / (Gain) as % of
A
verage Pool Balance (annualized):
2,425,340.44
(141,113.17)
Principal Net Loss / (Gain)
Principal Net Liquidation Proceeds
Principal Recoveries
Principal Gross Losses
7
459
Losses
(1)
Amount
61,468.91
19,997.29
182,584.79
Number of Receivables
Number of Receivables
Amount
11,661,443.63
4,547,917.33
4,688,185.86
Current
Cumulative
0.216%
(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
.
(2.466%)
0.589 %
1.094 %
(0.258%)