<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)
November 20, 1998
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Date of Report (Date of earliest event reported)
Delaware 000-22323 13-3770955
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(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 November 20, 1998, 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 October 1998 collection period
(the "October 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 October Statement is being filed as Exhibit
20 to this Current Report on Form 8-K.
Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit No. Description
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20 Statement for Class A and Class B
Certificateholders for the
October 1998 Collection Period
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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: November 21, 1998 By: /s/ David A. Klanica
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Name: David A. Klanica
Title: Director of Accounting Services
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INDEX TO EXHIBITS
Exhibit No. Description
- ----------- -----------
20 Statement for Class A and Class B Certificateholders for the
October 1998 Collection Period
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DAIMLER-BENZ VEHICLE TRUST 1996-A
MONTHLY SERVICING REPORT
SERVICER: MERCEDES-BENZ CREDIT CORPORATION
TRUSTEE: CITIBANK, N.A.
COLLECTION PERIOD: OCTOBER 1998
DISTRIBUTION DATE: 11/20/98
<TABLE>
<CAPTION>
STATEMENT FOR CLASS A AND CLASS B CERTIFICATEHOLDERS PURSUANT TO
SECTION 4.9 OF THE POOLING AND SERVICING AGREEMENT
Per $1,000 of Original
Class A/Class B
Certificate Amount
--------------------------
<S> <C> <C> <C>
(i) Principal Distribution
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Class A Amount $ 14,522,462.23 $18.262926
Class B Amount $ 1,134,779.32 $16.752021
(ii) Interest Distribution
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Class A Amount $ 993,744.75 $ 1.249698
Class B Amount $ 84,654.33 $ 1.249698
(iii) Monthly Servicing Fee $ 184,341.72 $ 0.213624
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Monthly Supplemental Servicing Fee $ 0.00 $ 0.000000
Class A Percentage of the Servicing Fee $ 169,870.89 $ 0.213624
Class A Percentage of the Supplemental Servicing Fee $ 0.00 $ 0.000000
Class B Percentage of the Servicing Fee $ 14,470.83 $ 0.213624
Class B Percentage of the Supplemental Servicing Fee $ 0.00
(iv) Class A Principal Balance (end of Collection Period) $189,322,615.19
Class A Pool Factor (end of Collection Period) 23.808531%
Class B Principal Balance (end of Collection Period) $ 16,127,862.50
Class B Pool Factor (end of Collection Period) 23.808531%
(v) Pool Balance (end of Collection Period) $205,450,477.69
(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 ($102,348.50)
(vii) Amount Otherwise Distributable to the Seller that is Distributed to Either the $ 0.00 $ 0.000000
Class A or Class B Certificateholders
(viii) Balance of the Reserve Fund Property (end of Collection Period)
Class A Amount $ 27,721,276.49
Class B Amount $ 0.00
(ix) Aggregate Purchase Amount of Receivables repurchased by the Seller or the $ 0.00
Servicer
</TABLE>
