Exhibit 99.1
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BMW Vehicle Lease Trust 2000-A
Collection Period Ending: 7/31/01
Distribution Date: 08/27/01
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Balances
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Initial Period End
Securitization Value $1,547,538,089 $1,189,302,864
Reserve Account $81,245,750 $104,458,821
Class A-1 Notes $180,000,000 $0
Class A-2 Notes $600,000,000 $421,764,775
Class A-3 Notes $300,000,000 $300,000,000
Class A-4 Notes $389,660,000 $389,660,000
Subordinated Note $30,951,089 $30,951,089
Class B Certificates $46,927,000 $46,927,000
Current Collection Period
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Beginning Securitization Value $1,245,806,024
Principal Reduction Amount $56,503,160
Ending Securitization Value $1,189,302,864
Calculation of Required 2000-A SUBI Collection Account Amount
Collections
Receipts of Monthly Payments $25,033,523
Sale Proceeds $8,922,994
Termination Proceeds $32,781,438
Recovery Proceeds $624,876
Total Collections $67,362,831
Servicer Advances $13,128,834
Reimbursement of Previous Servicer Advances ($10,802,970)
Required 2000-A SUBI Collection Account Amount $69,688,695
Servicer Advance Amounts
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Beginning Period Unreimbursed Previous Servicer Advance $18,936,005
Current Period Monthly Payment Advance $1,702,464
Current Period Sales Proceeds Advance $11,426,370
Current Reimbursement of Previous Servicer Advance ($10,802,970)
Ending Period Unreimbursed Previous Servicer Advances $21,261,869
Collection Account
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Deposits to 2000-A SUBI Collection Account $69,688,695
Withdrawals from 2000-A SUBI Collection Account
Servicing Fees $1,038,172
Note Distribution Account Deposit $6,476,262
Reserve Fund Deposit - Subordinated Noteholder Interest $180,548
Certificate Distribution Account Deposit $273,741
Monthly Principal Distributable Amount $56,503,160
Reserve Fund Deposit - Excess Collections $5,216,813
Payments to Transferor $0
Total Distributions from 2000-A SUBI Collection Account $69,688,695
Note Distribution Account
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Amount Deposited from the Collection Account $62,979,422
Amount Deposited from the Reserve Account $0
Amount Paid to Noteholders $62,979,422
Certificate Distribution Account
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Amount Deposited from the Collection Account $273,741
Amount Deposited from the Reserve Account $0
Amount Paid to Certificateholders $273,741
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BMW Vehicle Lease Trust 2000-A
Collection Period Ending: 7/31/01
Distribution Date: 08/27/01
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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 $56,503,160 $421,764,775 $94.17 70.29%
Class A-3 Notes $0 $300,000,000 $0.00 100.00%
Class A-4 Notes $0 $389,660,000 $0.00 100.00%
Subordinated Note $0 $30,951,089 $0.00 100.00%
Class B Certificates $0 $46,927,000 $0.00 100.00%
Interest Distributable Amount Current Payment Per $1,000
Class A-1 Notes $0 $0.00
Class A-2 Notes $2,650,401 $4.42
Class A-3 Notes $1,660,000 $5.53
Class A-4 Notes $2,165,860 $5.56
Subordinated Note $180,548 $5.83
Class B Certificates $273,741 $5.83
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
Subordinated Note Interest Carryover Shortfall $0 $0 $0
Certificate Interest Carryover Shortfall $0 $0 $0
Reserve Account
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Beginning Period Required Amount $104,458,821
Beginning Period Amount $104,458,821
Net Investment Earnings $331,711
Current Period Deposit $5,397,361
Reserve Fund Draw Amount $0
Release of Excess Funds $5,729,072
Ending Period Required Amount $104,458,821
Ending Period Amount $104,458,821
Residual Value Losses
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Current Period Cumulative
Net Sale Proceeds $4,881,354 $17,799,816
Residual Values $5,098,351 $18,760,225
Residual Value Losses $216,997 $960,409
Receivables Data
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Beginning of Period Lease Balance $1,371,537,198
End of Period Lease Balance $1,310,557,881
Delinquencies Aging Profile - End of Period Lease Balance Dollar Amount Percentage
Current $1,207,288,760 92.12%
1-29 days $92,251,345 7.04%
30-59 days $8,798,312 0.67%
60-89 days $1,560,400 0.12%
90-119 days $320,520 0.02%
120+ days $338,545 0.03%
Total $1,310,557,881 100.00%
Delinquent Receivables +30 days past due $11,017,776 0.84%
Credit Losses Current Period Cumulative
Liquidated Lease Balance $647,837 $3,895,577
Liquidation Proceeds $537,326 $2,770,683
Recovery Proceeds $1,821 $35,535
Net Credit Losses $108,690 $1,089,359
Note: Liquidation Proceeds includes proceeds received from repossessed
vehicles otherwise included in "Sale Proceeds" or "Termination
Proceeds." Recovery Proceeds includes the portion of "Recovery
Proceeds" related to specified leases which have been charged-off.
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