DBRS Confirms and Discontinues its Rating on Chrysler Capital Auto Funding II LLC pursuant to the Loan and Security Agreement dated October 7, 2016

DBRS, Inc. (DBRS) confirmed and subsequently discontinued and withdrew its rating on the Loans issued by Chrysler Capital Auto Funding II LLC pursuant to the Loan and Security Agreement dated October 7, 2016.

The DBRS rating is based on DBRS’s review of the following analytical considerations:
-- Transaction capital structure, proposed ratings and form and sufficiency of available credit enhancement.
-- The transaction parties’ capabilities with regard to origination, underwriting and servicing.
-- Credit quality of the collateral pool and the historical performance of the portfolio.

Notes:
The principal methodology is the DBRS Master U.S. ABS Surveillance Methodology, which can be found on dbrs.com under Methodologies.

The rated entity or its related entities did participate in the rating process. DBRS had access to the accounts and other relevant internal documents of the rated entity or its related entities.

Please see attached appendix for additional information regarding sensitivity of assumptions used in the rating process.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.