Exhibit 99.1
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BMW Vehicle Lease Trust 2000-A
Collection Period Ending: 08/31/01
Distribution Date: 09/25/01
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Balances
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Initial Period End
Securitization Value $1,547,538,089 $1,125,830,088
Reserve Account $81,245,750 $104,458,821
Class A-1 Notes $180,000,000 $0
Class A-2 Notes $600,000,000 $358,291,999
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 $1,189,302,864
Principal Reduction Amount $63,472,775
Ending Securitization Value $1,125,830,088
Calculation of Required 2000-A SUBI Collection Account Amount
Collections
Receipts of Monthly Payments $22,652,599
Sale Proceeds $11,354,825
Termination Proceeds $37,823,386
Recovery Proceeds $695,536
Total Collections $72,526,346
Servicer Advances $16,615,699
Reimbursement of Previous Servicer Advances ($13,391,144)
Required 2000-A SUBI Collection Account Amount $75,750,902
Servicer Advance Amounts
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Beginning Period Unreimbursed Previous Servicer Advance $21,261,869
Current Period Monthly Payment Advance $1,603,405
Current Period Sales Proceeds Advance $15,012,294
Current Reimbursement of Previous Servicer Advance ($13,391,144)
Ending Period Unreimbursed Previous Servicer Advances $24,486,425
Collection Account
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Deposits to 2000-A SUBI Collection Account $75,750,902
Withdrawals from 2000-A SUBI Collection Account
Servicing Fees $991,086
Note Distribution Account Deposit $6,163,140
Reserve Fund Deposit - Subordinated Noteholder Interest $180,548
Certificate Distribution Account Deposit $273,741
Monthly Principal Distributable Amount $63,472,775
Reserve Fund Deposit - Excess Collections $4,669,612
Payments to Transferor $0
Total Distributions from 2000-A SUBI Collection Account $75,750,902
Note Distribution Account
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Amount Deposited from the Collection Account $69,635,915
Amount Deposited from the Reserve Account $0
Amount Paid to Noteholders $69,635,915
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
BMW Vehicle Lease Trust 2000-A
Collection Period Ending: 08/31/01
Distribution Date: 09/25/01
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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 $63,472,775 $358,291,999 $105.79 59.72%
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 $2,337,280 $3.90
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 $292,960
Current Period Deposit $4,850,160
Reserve Fund Draw Amount $0
Release of Excess Funds $5,143,119
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 $6,651,362 $24,451,178
Residual Values $7,110,615 $25,870,840
Residual Value Losses $459,253 $1,419,662
Receivables Data
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Beginning of Period Lease Balance $1,310,557,881
End of Period Lease Balance $1,239,883,876
Delinquencies Aging Profile - End of Period Lease Balance Dollar Amount Percentage
Current $1,143,680,289 92.24%
1-29 days $86,250,348 6.96%
30-59 days $8,338,544 0.67%
60-89 days $1,245,625 0.10%
90-119 days $261,424 0.02%
120+ days $107,645 0.01%
Total $1,239,883,876 100.00%
Delinquent Receivables +30 days past due $9,953,239 0.80%
Credit Losses Current Period Cumulative
Liquidated Lease Balance $1,029,902 $4,925,479
Liquidation Proceeds $693,083 $3,463,766
Recovery Proceeds $0 $35,535
Net Credit Losses $336,819 $1,426,178
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.