EXHIBIT 99.1
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BMW Vehicle Owner Trust 1999-A
Collection Period Ending: 4/30/01
Distribution Date: 05/25/01
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Balances
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Initial Period End
Receivables $1,000,392,272 $470,395,724
Pre-Funding Account $112,777,957 $0
Capitalized Interest Account $2,509,221 $0
Reserve Account $37,514,710 $23,519,786
Certificate Interest Reserve Account $1,153,970 $1,153,970
Yield Supplement Overcollateralization $18,170,230 $7,533,619
Class A-1 Notes $190,000,000 $0
Class A-2 Notes $400,000,000 $0
Class A-3 Notes $300,000,000 $257,862,105
Class A-4 Notes $171,600,000 $171,600,000
Class B Certificates $33,400,000 $33,400,000
Current Collection Period
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Beginning Receivables Outstanding $499,334,957
Calculation of Total Distribution Amount
Regular Principal Distributable Amount
Receipts of Scheduled Principal $13,578,417
Receipts of Pre-Paid Principal $13,116,214
Principal Balance Allocable to Liquidated Receivables $2,244,602
Principal Balance Allocable to Purchased Receivables $0
Total Receipts of Principal $28,939,233
Interest Distribution Amount
Receipts of Interest $2,656,907
Servicer Advances $298,087
Reimbursement of Previous Servicer Advances ($636,961)
Liquidation Proceeds $1,393,031
Accrued Interest on Purchased Receivables $0
Recoveries $179,625
Net Investment Earnings $106,231
Total Receipts of Interest $4,176,544
Release from Reserve Account $719,432
Total Distribution Amount $31,590,606
Ending Receivables Outstanding $470,395,724.31
Servicer Advance Amounts
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Beginning Period Unreimbursed Previous Servicer Advance $3,075,000
Current Period Servicer Advance $298,087
Current Reimbursement of Previous Servicer Advance ($636,961)
Ending Period Unreimbursed Previous Servicer Advances $2,736,126
Collection Account
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Deposits to Collection Account $31,590,606
Withdrawals from Collection Account
Servicing Fees $416,112
Noteholder Interest Distribution $2,464,963
Noteholder Principal Distribution $28,517,202
Certificateholder Interest Distribution $192,328
Certificateholder Principal Distribution $0
Reserve Account Deposit $0
Certificate Interest Reserve Deposit $0
Unpaid Trustee Fees $0
Excess Funds Released to BMW FS Receivables Corp. $0
Total Distributions from Collection Account $31,590,606
Excess Funds Released to BMW FS Receivables Corp
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Release from Reserve Account $727,530
Release from Collection Account $0
Total Excess Funds Released to BMW FS Receivables Corp. $727,530
Page 1 of 3
BMW Vehicle Owner Trust 1999-A
Collection Period Ending: 4/30/01
Distribution Date: 05/25/01
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Note Distribution Account
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Amount Deposited from the Collection Account $30,982,165
Amount Deposited from the Reserve Account $0
Amount Paid to Noteholders $30,982,165
Certificate Distribution Account
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Amount Deposited from the Collection Account $192,328
Amount Deposited from the Reserve Account $0
Amount Deposited from the Certificate Interest Reserve Account $0
Amount Paid to Certificateholders $192,328
Distributions
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Monthly Principal Distributable Amount Current Payment Ending Balance Per $1,000 Factor
Class A-1 Notes $0 $0 $0.00 0.00%
Class A-2 Notes $0 $0 $0.00 0.00%
Class A-3 Notes $28,517,202 $257,862,105 $95.06 85.95%
Class A-4 Notes $0 $171,600,000 $0.00 100.00%
Class B Certificates $0 $33,400,000 $0.00 100.00%
Interest Distributable Amount Current Payment Per $1,000
Class A-1 Notes $0 $0.00
Class A-2 Notes $0 $0.00
Class A-3 Notes $1,529,743 $5.10
Class A-4 Notes $935,220 $5.45
Class B Certificates $192,328 $5.76
Carryover Shortfalls
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Prior Period Carryover Current Payment Per $1,000
Class A-1 Interest Carryover Shortfall $0 $0 $0
Class A-2 Interest Carryover Shortfall $0 $0 $0
Class A-3 Interest Carryover Shortfall $0 $0 $0
Class A-4 Interest Carryover Shortfall $0 $0 $0
Certificate Interest Carryover Shortfall $0 $0 $0
Receivables Data
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Beginning Period Ending Period
Number of Contracts 32,454 31,325
Weighted Average Remaining Term 29.28 28.62
Weighted Average Annual Percentage Rate 7.91% 7.90%
Aggregate Principal Balance of Deferred Receivables $0 $0
Number of Deferred Contracts 0 0
Delinquencies Aging Profile End of Period Dollar Amount Percentage
Current $419,986,534 89.28%
1-29 days $39,951,175 8.49%
30-59 days $8,056,799 1.71%
60-89 days $1,702,665 0.36%
90-119 days $511,212 0.11%
120-149 days $187,340 0.04%
Total $470,395,724.31 100.00%
Delinquent Receivables +30 days past due $10,458,015 2.22%
Page 2 of 3
BMW Vehicle Owner Trust 1999-A
Collection Period Ending: 4/30/01
Distribution Date: 05/25/01
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Liquidated Receivables
Beginning Period Liquidated Receivables $17,775,009
Current Period Liquidated Receivables $2,244,602
Cumulative Liquidated Receivables $20,019,611
Recoveries $179,625
Realized Losses
Beginning Period Realized Losses $6,803,572
Current Period Realized Losses $671,947
Cumulative Realized Losses $7,475,518
Repossessions Dollar Amount Units
Beginning Period Repossessed Receivables Balance $1,191,742 56
Ending Period Repossessed Receivables Balance $967,728 48
Principal Balance of 90+ Day Repossessed Vehicles $61,254 2
Yield Supplement Overcollateralization
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Beginning Period Required Amount $7,955,650
Beginning Period Amount $7,955,650
Ending Period Required Amount $7,533,619
Current Period Release $422,030
Ending Period Amount $7,533,619
Next Distribution Date Required Amount $7,124,252
Capitalized Interest Account
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Beginning Period Required Amount $0
Beginning Period Amount $0
Net Investment Earnings $0
Current Period Release to BMW FS Receivables Corp. $0
Ending Period Required Amount $0
Ending Period Amount $0
Pre-Funding Account
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Beginning Period Amount $0
Net Investment Earnings $0
Release to Servicer for Additional Loans $0
Current Period Release for Deposit to Collection Account $0
Ending Period Amount $0
Reserve Account
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Beginning Period Required Amount $24,966,748
Beginning Period Amount $24,966,748
Net Investment Earnings $101,754
Current Period Deposit $0
Current Period Release to Collection Account $719,432
Current Period Release to BMW FS Receivables Corp. $727,530
Ending Period Required Amount $23,519,786
Ending Period Amount $23,519,786
Certificate Interest Reserve Account
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Beginning Period Required Amount $1,153,970
Beginning Period Amount $1,153,970
Net Investment Earnings $4,477
Current Period Deposit $0
Current Period Release for Deposit to Certificate Distribution $0
Ending Period Required Amount $1,153,970
Ending Period Amount $1,153,970
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