Exhibit 99.1
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BMW Vehicle Lease Trust 2000-A
Collection Period Ending: 09/30/01
Distribution Date: 10/25/01
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Balances
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Initial Period End
Securitization Value $1,547,538,089 $1,078,777,022
Reserve Account $81,245,750 $104,458,821
Class A-1 Notes $180,000,000 $0
Class A-2 Notes $600,000,000 $311,238,933
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 $1,125,830,088
Principal Reduction Amount $47,053,066
Ending Securitization Value $1,078,777,022
Calculation of Required 2000-A SUBI Collection Account Amount
Collections
Receipts of Monthly Payments $19,780,153
Sale Proceeds $9,985,331
Termination Proceeds $25,643,451
Recovery Proceeds $586,507
Total Collections $55,995,443
Servicer Advances $14,568,709
Reimbursement of Previous Servicer Advances ($12,110,778)
Required 2000-A SUBI Collection Account Amount $58,453,374
Servicer Advance Amounts
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Beginning Period Unreimbursed Previous Servicer Advance $21,261,869
Current Period Monthly Payment Advance $1,580,318
Current Period Sales Proceeds Advance $12,988,391
Current Reimbursement of Previous Servicer Advance ($12,110,778)
Ending Period Unreimbursed Previous Servicer Advances $23,719,800
Collection Account
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Deposits to 2000-A SUBI Collection Account $58,453,374
Withdrawals from 2000-A SUBI Collection Account
Servicing Fees $938,192
Note Distribution Account Deposit $5,811,395
Reserve Fund Deposit - Subordinated Noteholder Interest $180,548
Certificate Distribution Account Deposit $273,741
Monthly Principal Distributable Amount $47,053,066
Reserve Fund Deposit - Excess Collections $4,196,432
Payments to Transferor $0
Total Distributions from 2000-A SUBI Collection Account $58,453,374
Note Distribution Account
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Amount Deposited from the Collection Account $52,864,461
Amount Deposited from the Reserve Account $0
Amount Paid to Noteholders $52,864,461
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: 09/30/01
Distribution Date: 10/25/01
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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 $47,053,066 $311,238,933 $78.42 51.87%
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 $1,985,535 $3.31
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 $275,850
Current Period Deposit $4,376,980
Reserve Fund Draw Amount $0
Release of Excess Funds $4,652,830
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 $6,205,884 $30,657,061
Residual Values $6,633,414 $32,504,253
Residual Value Losses $427,530 $1,847,192
Receivables Data
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Beginning of Period Lease Balance $1,310,557,881
End of Period Lease Balance $1,185,115,092
Delinquencies Aging Profile - End of Period Lease Balance Dollar Amount Percentage
Current $1,088,237,905 91.83%
1-29 days $84,643,360 7.14%
30-59 days $9,961,704 0.84%
60-89 days $1,648,651 0.14%
90-119 days $428,662 0.04%
120+ days $194,810 0.02%
Total $1,185,115,092 100.00%
Delinquent Receivables +30 days past due $12,233,827 1.03%
Credit Losses Current Period Cumulative
Liquidated Lease Balance $701,024 $5,626,503
Liquidation Proceeds $572,754 $4,036,520
Recovery Proceeds $1,908 $37,442
Net Credit Losses $126,363 $1,552,541
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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