<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
DAIMLER-BENZ VEHICLE TRUST 1996-A
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(Exact name of registrant as specified in its charter)
May 20, 1997
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Date of Report (Date of earliest event reported)
Delaware 333-15571 13-3770955
- -------- --------- ----------
(State or other jurisdiction (Commission File (I.R.S. Employer
of incorporation) Number) Identification No.)
1201 North Market Street, Suite 1406, Wilmington, Delaware 19801
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(Address of principal executive offices) (Zip Code)
(302) 426-1900
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(Registrant's telephone number, including area code)
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Item 5. Other Events
On May 20, 1997, the Principal and Interest collected during the preceding
calendar month, net of certain adjustments as provided for in the Pooling and
Servicing Agreement dated as of November 1, 1996 (the "Agreement"), among
Mercedes-Benz Credit Corporation, in its individual capacity and as Servicer,
Daimler-Benz Vehicle Receivables Corporation, as Seller, and Citibank, N.A., as
Trustee, Payahead Agent, Class A Agent and Class B Agent (the "Trustee"), was
distributed to holders ("Certificateholders") of certificates representing
undivided fractional interests in Daimler-Benz Vehicle Trust 1996-A. In
accordance with the Agreement, the statements for Class A and Class B
Certificateholders for the April 1997 collection period (the "April Statement")
was furnished to the Trustee for the benefit of the Certificateholders and, as
such, was distributed by the Trustee to the Certificateholders. A copy of the
April Statement is being filed as Exhibit 28 to this Current Report on Form 8-K.
Item 7. Financial Statements and Exhibits
(c) Exhibits
<TABLE>
<CAPTION>
Exhibit No. Description
----------- -----------
<S> <C>
28 Statement for Class A and Class B
Certificateholders for the
April 1997 Collection Period
</TABLE>
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<PAGE> 3
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
Daimler-Benz Vehicle Trust 1996-A
(Registrant)
By: Mercedes-Benz Credit Corporation, as Servicer
Date: May 21, 1997 By: /s/David A. Klanica
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Name: David A. Klanica
Title: Director of Accounting Services
-3-
<PAGE> 4
INDEX TO EXHIBITS
<TABLE>
<CAPTION>
Exhibit No. Description
- ----------- -----------
<S> <C>
28 Statement for Class A and Class B Certificateholders
for the April 1997 Collection Period
</TABLE>
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DAIMLER-BENZ VEHICLE TRUST 1996-A
MONTHLY SERVICING REPORT
SERVICER: MERCEDES-BENZ CREDIT CORPORATION
TRUSTEE: CITIBANK, N.A.
COLLECTION PERIOD: APRIL 1997
DISTRIBUTION DATE: 5/20/97
STATEMENT FOR CLASS A AND CLASS B CERTIFICATEHOLDERS PURSUANT TO
SECTION 4.9 OF THE POOLING AND SERVICING AGREEMENT
<TABLE>
<CAPTION>
Per $1,000 of Original
Class A/Class B
Certificate Amount
----------------------
<S> <C> <C>
(i) Principal Distribution
Class A Amount $ 25,733,169.62 $32.361109
Class B Amount $ 0.00 $ 0.000000
(ii) Interest Distribution
Class A Amount $ 3,183,111.99 $ 4.002967
Class B Amount $ 271,160.38 $ 4.002967
(iii) Monthly Servicing Fee $ 590,473.91 $ 0.684268
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Monthly Supplemental Servicing Fee $ 0.00 $ 0.000000
Class A Percentage of the Servicing Fee $ 544,121.71 $ 0.684268
Class A Percentage of the Supplemental Servicing Fee $ 0.00 $ 0.000000
Class B Percentage of the Servicing Fee $ 46,352.20 $ 0.684268
Class B Percentage of the Supplemental Servicing Fee $ 0.00
(iv) Class A Principal Balance (end of Collection Period) $627,212,879.56
Class A Pool Factor (end of Collection Period) 78.876036%
Class B Principal Balance (end of Collection Period) $ 53,430,505.75
Class B Pool Factor (end of Collection Period) 78.876036%
(v) Pool Balance (end of Collection Period) $680,643,385.31
(vi) Class A Interest Carryover Shortfall $ 0.00
Class A Principal Carryover Shortfall $ 0.00
Class B Interest Carryover Shortfall $ 0.00
Class B Principal Carryover Shortfall $ (4,230,086.95)
(vii) Amount Otherwise Distributable to the Seller that is Distributed to
Either the Class A or Class B Certificateholders $ 0.00 $ 0.000000
(viii) Balance of the Reserve Fund Property (end of Collection Period)
Class A Amount $ 25,572,072.54
Class B Amount $ 0.00
(ix) Aggregate Purchase Amount of Receivables repurchased by the
Seller or the Servicer $ 0.00
</TABLE>
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