Exhibit 99.1
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BMW Vehicle Lease Trust 2000-A
Collection Period Ending: 11/30/01
Distribution Date: 12/26/01
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Balances
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Initial Period End
Securitization Value $1,547,538,089 $986,206,121
Reserve Account $81,245,750 $104,458,821
Class A-1 Notes $180,000,000 $0
Class A-2 Notes $600,000,000 $218,668,032
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 $1,027,329,239
Principal Reduction Amount $41,123,118
Ending Securitization Value $986,206,121
Calculation of Required 2000-A SUBI Collection Account Amount
Collections
Receipts of Monthly Payments $22,785,794
Sale Proceeds $11,995,602
Termination Proceeds $20,202,190
Recovery Proceeds $633,374
Total Collections $55,616,961
Servicer Advances $12,499,020
Reimbursement of Previous Servicer Advances ($14,835,387)
Required 2000-A SUBI Collection Account Amount $53,280,593
Servicer Advance Amounts
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Beginning Period Unreimbursed Previous Servicer Advance $25,661,676
Current Period Monthly Payment Advance $1,546,476
Current Period Sales Proceeds Advance $10,952,544
Current Reimbursement of Previous Servicer Advance ($14,835,387)
Ending Period Unreimbursed Previous Servicer Advances $23,325,308
Collection Account
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Deposits to 2000-A SUBI Collection Account $53,280,593
Withdrawals from 2000-A SUBI Collection Account
Servicing Fees $856,108
Note Distribution Account Deposit $5,265,536
Reserve Fund Deposit - Subordinated Noteholder Interest $180,548
Certificate Distribution Account Deposit $273,741
Monthly Principal Distributable Amount $41,123,118
Reserve Fund Deposit - Excess Collections $5,581,543
Payments to Transferor $0
Total Distributions from 2000-A SUBI Collection Account $53,280,593
Note Distribution Account
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Amount Deposited from the Collection Account $46,388,654
Amount Deposited from the Reserve Account $0
Amount Paid to Noteholders $46,388,654
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: 11/30/01
Distribution Date: 12/26/01
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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 $41,123,118 $218,668,032 $68.54 36.44%
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 $1,439,676 $2.40
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 $180,690
Current Period Deposit $5,762,091
Reserve Fund Draw Amount $0
Release of Excess Funds $5,942,781
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 $11,995,602 $55,849,769
Residual Values $13,364,785 $60,276,148
Residual Value Losses $1,369,183 $3,216,375
Receivables Data
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Beginning of Period Lease Balance $1,130,624,992
End of Period Lease Balance $1,084,945,977
Delinquencies Aging Profile - End of Period Lease Balance Dollar Amount Percentage
Current $993,886,736 91.61%
1-29 days $80,987,837 7.46%
30-59 days $7,752,758 0.71%
60-89 days $1,792,933 0.17%
90-119 days $238,489 0.02%
120+ days $287,224 0.03%
Total $1,084,945,977 100.00%
Delinquent Receivables +30 days past due $10,071,404 0.93%
Credit Losses Current Period Cumulative
Liquidated Lease Balance $913,897 $7,141,526
Liquidation Proceeds $675,942 $5,137,750
Recovery Proceeds $3,869 $43,485
Net Credit Losses $234,086 $1,960,291
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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