Exhibit 99.1
BMW Vehicle Lease Trust 2000-A
Collection Period Ending: 10/31/01
Distribution Date: 11/26/01
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Balances
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Initial Period End
Securitization Value $1,547,538,089 $1,027,329,239
Reserve Account $81,245,750 $104,122,557
Class A-1 Notes $180,000,000 $0
Class A-2 Notes $600,000,000 $259,791,150
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 $1,078,777,022
Principal Reduction Amount $51,447,783
Ending Securitization Value $1,027,329,239
Calculation of Required 2000-A SUBI Collection Account Amount
Collections
Receipts of Monthly Payments $19,642,345
Sale Proceeds $11,455,884
Termination Proceeds $23,916,292
Recovery Proceeds $643,742
Total Collections $55,658,263
Servicer Advances $16,543,002
Reimbursement of Previous Servicer Advances ($14,601,126)
Release from Reserve Account $751,557
Required 2000-A SUBI Collection Account Amount $58,351,696
Servicer Advance Amounts
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Beginning Period Unreimbursed Previous Servicer Advance $23,719,800
Current Period Monthly Payment Advance $1,527,501
Current Period Sales Proceeds Advance $15,015,500
Current Reimbursement of Previous Servicer Advance ($14,601,126)
Ending Period Unreimbursed Previous Servicer Advances $25,661,676
Collection Account
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Deposits to 2000-A SUBI Collection Account $58,351,696
Withdrawals from 2000-A SUBI Collection Account
Servicing Fees $898,981
Note Distribution Account Deposit $5,550,643
Reserve Fund Deposit - Subordinated Noteholder Interest $180,548
Certificate Distribution Account Deposit $273,741
Monthly Principal Distributable Amount $51,447,783
Reserve Fund Deposit - Excess Collections $0
Payments to Transferor $0
Total Distributions from 2000-A SUBI Collection Account $58,351,696
Note Distribution Account
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Amount Deposited from the Collection Account $56,998,426
Amount Deposited from the Reserve Account $0
Amount Paid to Noteholders $56,998,426
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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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 $51,447,783 $259,791,150 $85.75 43.30%
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 $1,724,782 $2.87
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 $234,745
Current Period Deposit $180,548
Reserve Fund Draw Amount $751,557
Release of Excess Funds $0
Ending Period Required Amount $104,458,821
Ending Period Amount $104,122,557
Residual Value Losses
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Current Period Cumulative
Net Sale Proceeds $13,197,106 $43,854,167
Residual Values $14,407,110 $46,911,364
Residual Value Losses $1,210,004 $3,057,197
Receivables Data
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Beginning of Period Lease Balance $1,185,115,092
End of Period Lease Balance $1,130,624,992
Delinquencies Aging Profile - End of Period Lease Balance Dollar Amount Percentage
Current $1,038,256,594 91.83%
1-29 days $80,649,754 7.13%
30-59 days $9,495,248 0.84%
60-89 days $1,496,669 0.13%
90-119 days $549,744 0.05%
120+ days $176,983 0.02%
Total $1,130,624,992 100.00%
Delinquent Receivables +30 days past due $11,718,644 1.04%
Credit Losses Current Period Cumulative
Liquidated Lease Balance $601,125 $6,227,628
Liquidation Proceeds $425,288 $4,461,808
Recovery Proceeds $2,173 $39,615
Net Credit Losses $173,664 $1,726,205
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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