Mercedes-Benz
Auto Lease
T
rust 2025-A
Collection Period Ended
31-May-2025
Collection Period (from... to)
Interest Period of the Class A-1, A-2B Notes (from... to)
Interest Period of the Class A-2A, A-3 and A-4 Notes (from... to)
T
otal Securitization
V
alue
present value of lease payments
present value of Base Residual
V
alue
Initial Overcollateralization Amount
T
arget Overcollateralization Amount
Current Overcollateralization Amount
Mercedes-Benz
Auto Lease
T
rust 2025-A
Exchange Note Balance
1,387,005,597.84
1,387,005,597.84
1,344,1
15,591.09
A
vailable 2025-A Collections
Net Sales Proceeds-early terminations (incl Defaulted Leases)
Net Sales Proceeds-scheduled terminations
Excess wear and tear included in Net Sales Proceeds
Excess mileage included in Net Sales Proceeds
Advances made by the Servicer
T
otal
A
vailable Collections
A
vailable Funds
ABS Notes
T
otal Exchange Note Payments
Reserve Account Draw Amount
Distribution on the Exchange Note
Nonrecoverable Advances to the Servicer
(2) Exchange Note Interest Distributable Amount
(4.70%)
(3) Exchange Note Principal Distributable Amount
(4) Any amounts by which the sum payable pursuant to Section 8.03(a)(i)
through (vii) of the Indenture (or, if applicable, pursuant to Section
5.04(b)(i)through (vii) of the Indenture) exceed the sum of the Exchange
Note Interest Distributable Amount and the Exchange Note Principal
(5) Remaining Funds Payable
(1)
T
otal Trustee Fees and any Asset Representations Reviewer fees
(2) Interest Distributable Amount Class
A Notes
(3) Priority Principal Distribution Amount
(4)
T
o Reserve Fund to reach the Reserve Fund Required Amount
(5) Regular Principal Distribution Amount
(6) Additional Servicing Fee and Transition Costs
(7)
T
otal Trustee Fees and any Asset Representations Reviewer fees
[not previously paid under (1)]
(8) Excess Collections to Certificateholders
Mercedes-Benz
Auto Lease
T
rust 2025-A
Collection Period Ended
31-May-2025
Monthly Interest Distributable Amount
thereof on Class A-1 Notes
thereof on Class A-2A Notes
thereof on Class A-2B Notes
thereof on Class A-3 Notes
thereof on Class A-4 Notes
Interest Carryover Shortfall Amount
thereof on Class A-1 Notes
thereof on Class A-2A Notes
thereof on Class A-2B Notes
thereof on Class A-3 Notes
thereof on Class A-4 Notes
Interest Distributable Amount Class A
Notes
Priority Principal Distribution Amount
Regular Principal Distribution Amount
Principal Distribution Amount
Mercedes-Benz
Auto Lease
T
rust 2025-A
Collection Period Ended
31-May-2025
Reserve Fund and Investment Earnings
Reserve Fund Required Amount
Reserve Fund Amount - Beginning Balance
plus top up Reserve Fund up to the Required Amount
plus Net Investment Earnings for the Collection Period
minus Net Investment Earnings
minus Reserve Fund Draw Amount
Reserve Fund Amount - Ending Balance
Net Investment Earnings on the Reserve Fund
Net Investment Earnings on the Exchange Note
Investment Earnings for the Collection Period
The fair value of the Notes and the Certificates on the Closing Date is summarized as follows:
Class A-1 Notes $229M (14.7%), Class A-2A Notes $315M (20.2%), Class A-2B Notes $175M (11.2%), Class A-3 Notes $490M (31.5%), Class A-4 Notes $79M (5.1%), Certificates
$269M (17.3%),
T
otal $1,557M (100.0%*). The Depositor must retain a percentage interest in the Certificates with a fair value of at least 5% of the aggregate fair value of the Notes
and Certificates, or $77,869,845, according to Regulation RR.
*Percentages don’t add up due to roundin
g
.
Mercedes-Benz
Auto Lease
T
rust 2025-A
Collection Period Ended
31-May-2025
Cutoff Date Securitization
V
alue
Securitization
V
alue beginning of Collection Period
Principal portion of lease payments
Repurchase Payment (excluding interest)
Securitization
V
alue end of Collection Period
W
eighted
A
verage Securitization Rate
W
eighted
A
verage Remaining
T
erm (months)
W
eighted
A
verage Seasoning (months)
Aggregate Base Residual
V
alue
Proportion of base prepayment assumption realized life to date
Actual lifetime prepayment speed
60+ Delinquency Leases to EOP Aggregate Securitization
V
alue
Delinquency Trigger occurred
*A lease is not considered delinquent if the amount past due is less than
10% of the payment due under such lease
**Based on the actual Securitization
V
alue of the respective leases
Mercedes-Benz
Auto Lease
T
rust 2025-A
Collection Period Ended
31-May-2025
Credit Loss
Amount
Number of Leases
Securitization
V
alue of Defaulted Leases, Beg of Collection Period
Principal Net Credit Loss / (Gain)
Net Credit Loss / (Gain) as % of
A
verage Securitization
V
alue (annualized):
Current Collection Period
Second Prior Collection Period
Third Prior Collection Period
Cumulative Net Credit Loss / (Gain) as % of Cutoff Date Securitization
V
alue
A
verage Net Credit Loss / (Gain)
Residual Loss
Amount
Number of Leases
Securitization
V
alue of Liquidated Leases, Beg of Collection Period
Sales Proceeds and Other Payments Received
Residual Loss / (Gain) as % of
A
verage Securitization
V
alue (annualized):
Current Collection Period
Second Prior Collection Period
Third Prior Collection Period
Cumulative Residual Loss / (Gain) as % of Cutoff Date Securitization
V
alue
A
verage Residual Loss / (Gain)