Free Writing Prospectus

Filed pursuant to Rule 433

Registration Statement No. 333-232590-02

**PXG DETAILS**

$1.061+bn Mercedes-Benz Auto Receivables Trust 2020-1 (MBART 2020-1)

Joint Leads: J.P. Morgan (struc), Santander, Soc Gen

Co-Managers: Lloyds, MUFG

CL	$AMT(MM)	WAL	S&P/F	E.FIN	L.FIN	SPREAD	YLD%	CPN%	$PX
A-1	278.00	0.26	A-1+/F1+	01/21	07/21	IntL-5	0.26275	0.26275	100.00000
A-2	351.60	1.07	AAA/AAA	01/22	03/23	EDSF+16	0.462	0.46	99.99835
A-3	351.60	2.34	AAA/AAA	11/23	02/25	IntS+28	0.554	0.55	99.99219
A-4	80.02	3.71	AAA/AAA	05/24	10/26	IntS+46	0.772	0.77	99.99722

Expected Settle : 06/23/20

Registration : SEC Registered

First Pay Date : 07/15/20

ERISA : Yes

Expected Ratings : S&P, Fitch   

Pxing Speed : 1.30% ABS to 5% Call

Ticker : MBART 2020-1

Min Denoms : $1k x $1k

Expected Pricing : Priced

Bill & Deliver : J.P. Morgan

ABS-15G Filing : Mon, 06/08

CUSIPs:	A-1 58769VAA8	Available Information:
	A-2 58769VAB6	*  Preliminary Prospectus: Attached
	A-3 58769VAC4	*  Ratings FWP : Attached
	A-4 58769VAD2	*  NetRoadshow.com : MBART20201
		*  IntexNet/CDI : Separate Message

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling 800-408-1016 or by emailing the ABS Syndicate Desk at abs_synd@jpmorgan.com.