<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 1994-A
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
September 16, 1996
- --------------------------------------------------------------------------------
Date of Report (Date of earliest event reported)
Delaware 33-79574 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)
<PAGE> 2
Item 5. Other Events
On September 16 and October 15 of 1996, the Principal and Interest
collected during each of the preceding calendar months, respectively, net of
certain adjustments as provided for in the Pooling and Servicing Agreement dated
as of July 1, 1994 (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 and Class
A Agent (the "Trustee"), was distributed to holders ("Certificateholders") of
certificates representing undivided fractional interests in Daimler-Benz Vehicle
Trust 1994-A. In accordance with the Agreement, the statements for Class A and
Class B Certificateholders for the August 1996 collection period (the "August
Statement") and the September 1996 collection period (the "September Statement")
was furnished to the Trustee for the benefit of the Certificateholders and, as
such, was distributed by the Trustee to the Certificateholders. Copies of the
August Statement and September Statement are being filed as Exhibit 28.1 and
28.2 to this Current Report on Form 8-K.
Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit No. Description
----------- -----------
28.1 Statement for Class A and
Class B Certificateholders
for the August 1996
Collection Period
28.2 Statement for Class A and
Class B Certificateholders
for the September 1996
Collection Period
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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 1994-A
(Registrant)
By: Mercedes-Benz Credit Corporation, as Servicer
Date: October 31, 1996 By: /s/ David A. Klanica
-------------------------------------------
Name: David A. Klanica
Title: Director of Accounting Services
-3-
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INDEX TO EXHIBITS
Exhibit No. Description
- ----------- -----------
28.1 Statement for Class A and Class B
Certificateholders for the August 1996 Collection
Period
28.2 Statement for Class A and Class B
Certificateholders for the September 1996
Collection Period
-4-
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DAIMLER-BENZ VEHICLE TRUST 1994-A
MONTHLY SERVICING REPORT
SERVICER: MERCEDES-BENZ CREDIT CORPORATION
TRUSTEE: CITIBANK, N.A.
COLLECTION PERIOD: AUGUST, 1996
DISTRIBUTION DATE: 09/16/96
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 $ 13,212,669.52 $ 21.8007
Class B Amount $ 1,201,365.81 $ 17.8401
(ii) Interest Distribution
Class A Amount $ 673,959.67 $ 1.1120
Class B Amount $ 74,884.41 $ 1.1120
(iii) Amount of Distribution allocable to the Yield Supplement Amount $ 1,807.42
Class A Amount $ 1,626.68
Class B Amount $ 180.74
Amount of Distribution allocable to the (Excess) Shortfall Amount ($ 38,461.57)
Class A Percentage ($ 34,615.41)
Class B Percentage ($ 3,846.16)
(iv) Monthly Servicing Fee $ 125,856.15 $ 0.1869
Monthly Supplemental Servicing Fee $ 0.00 $ 0.0000
Class A Percentage of the Servicing Fee $ 113,270.54 $ 0.1869
Class A Percentage of the Supplemental Servicing Fee $ 0.00 $ 0.0000
Class B Percentage of the Servicing Fee $ 12,585.62 $ 0.1869
Class B Percentage of the Supplemental Servicing Fee $ 0.00
(v) Class A Principal Balance (end of Collection Period) $ 122,711,969.96
Class A Pool Factor (end of Collection Period) 20.247264%
Class B Principal Balance (end of Collection Period) $ 13,634,663.33
Class B Pool Factor (end of Collection Period) 20.247264%
(vi) Pool Balance (end of Collection Period) $ 136,346,633.29
(vii) Class A Interest Carryover Shortfall $ 0.00 $ 0.0000
Class A Principal Carryover Shortfall $ 0.00 $ 0.0000
Class B Interest Carryover Shortfall $ 0.00 $ 0.0000
Class B Principal Carryover Shortfall ($ 266,708.58) $ 3.9606
(viii) Amount Otherwise Distributable to the Seller that is Distributed to Either
the Class A or Class B Certificateholders $ 0.00
(ix) Balance of the Reserve Fund Property (end of Collection Period)
Class A Amount $ 20,202,230.76
Class B Amount $ 0.00
(x) Aggregate Purchase Amount of Receivables repurchased by
the Seller or the Servicer $ 0.00
</TABLE>
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<PAGE> 1
DAIMLER-BENZ VEHICLE TRUST 1994-A
MONTHLY SERVICING REPORT
SERVICER: MERCEDES-BENZ CREDIT CORPORATION
TRUSTEE: CITIBANK, N.A.
COLLECTION PERIOD: SEPTEMBER 1996
DISTRIBUTION DATE: 10/15/96
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 $ 10,852,420.45 $ 17.9063
Class B Amount $ 1,298,313.61 $ 19.2798
(ii) Interest Distribution
Class A Amount $ 608,446.85 $ 1.0039
Class B Amount $ 67,605.21 $ 1.0039
(iii) Amount of Distribution allocable to the Yield Supplement Amount $ 1,702.20
Class A Amount $ 1,531.98
Class B Amount $ 170.22
Amount of Distribution allocable to the (Excess) Shortfall Amount ($ 1,860.27)
Class A Percentage ($ 1,674.24)
Class B Percentage ($ 186.03)
(iv) Monthly Servicing Fee $ 113,622.19 $ 0.1687
Monthly Supplemental Servicing Fee $ 0.00 $ 0.0000
Class A Percentage of the Servicing Fee $ 102,259.97 $ 0.1687
Class A Percentage of the Supplemental Servicing Fee $ 0.00 $ 0.0000
Class B Percentage of the Servicing Fee $ 11,362.22 $ 0.1687
Class B Percentage of the Supplemental Servicing Fee $ 0.00
(v) Class A Principal Balance (end of Collection Period) $ 111,859,549.51
Class A Pool Factor (end of Collection Period) 18.456633%
Class B Principal Balance (end of Collection Period) $ 12,428,838.84
Class B Pool Factor (end of Collection Period) 18.456633%
(vi) Pool Balance (end of Collection Period) $ 124,288,388.35
(vii) Class A Interest Carryover Shortfall $ 0.00 $ 0.0000
Class A Principal Carryover Shortfall $ 0.00 $ 0.0000
Class B Interest Carryover Shortfall $ 0.00 $ 0.0000
Class B Principal Carryover Shortfall $ 92,489.12 $ 1.3734
(viii) Amount Otherwise Distributable to the Seller that is Distributed to Either
the Class A or Class B Certificateholders $ 0.00
(ix) Balance of the Reserve Fund Property (end of Collection Period)
Class A Amount $ 20,202,230.76
Class B Amount $ 0.00
(x) Aggregate Purchase Amount of Receivables repurchased by
the Seller or the Servicer $ 0.00
</TABLE>
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