Exhibit 99.1
Accrued Interest Date: Collection Period Ending:
27-Aug-01 31-Aug-01
Distribution Date: BMW Vehicle Owner Trust 2001-A Period #
------------------------------
25-Sep-01 4
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Balances
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Initial Period End
Receivables $1,489,992,840 $1,276,259,181
Pre-Funding Account $99,965,067 $99,965,067
Capitalized Interest Account $1,045,665 $335,507
Reserve Account $22,349,893 $31,822,642
Yield Supplement Overcollateralization $8,157,907 $6,842,005
Class A-1 Notes $329,000,000 $116,718,245
Class A-2 Notes $448,000,000 $448,000,000
Class A-3 Notes $499,000,000 $499,000,000
Class A-4 Notes $274,000,000 $274,000,000
Class B Notes $31,800,000 $31,800,000
Current Collection Period
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Beginning Receivables Outstanding $1,328,451,418
Calculation of Total Distribution Amount
Regular Principal Distributable Amount
Receipts of Scheduled Principal $27,806,861
Receipts of Pre-Paid Principal $23,936,007
Liquidation Proceeds $313,368
Principal Balance Allocable to Purchased Receivables $0
Release from Pre-Funding Account $0
Total Receipts of Principal $52,056,236
Interest Distribution Amount
Receipts of Interest $7,480,720
Servicer Advances $939,175
Reimbursement of Previous Servicer Advances $0
Accrued Interest on Purchased Receivables $0
Recoveries $22,753
Capitalized Interest Payments $167,754
Net Investment Earnings $398,353
Total Receipts of Interest $9,008,754
Release from Reserve Account $0
Total Distribution Amount $61,064,990
Ending Receivables Outstanding $1,276,259,181
Servicer Advance Amounts
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Beginning Period Unreimbursed Previous Servicer Advance $2,155,851
Current Period Servicer Advance $939,175
Current Reimbursement of Previous Servicer Advance $0
Ending Period Unreimbursed Previous Servicer Advances $3,095,026
Collection Account
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Deposits to Collection Account $61,064,990
Withdrawals from Collection Account
Servicing Fees $1,107,043
Class A Noteholder Interest Distribution $5,252,875
First Priority Principal Distribution $0
Class B Noteholder Interest Distribution $144,690
Regular Principal Distribution $51,737,460
Reserve Account Deposit $2,822,922
Unpaid Trustee Fees $0
Excess Funds Released to Depositor $0
Total Distributions from Collection Account $61,064,990
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Accrued Interest Date: Collection Period Ending:
27-Aug-01 31-Aug-01
Distribution Date: BMW Vehicle Owner Trust 2001-A Period #
------------------------------
25-Sep-01 4
---------------------------------------------------------------------------------------------------------------
Excess Funds Released to the Depositor
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Release from Reserve Account $0
Release from Collection Account $0
Total Excess Funds Released to the Depositor $0
Note Distribution Account
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Amount Deposited from the Collection Account $57,135,025
Amount Deposited from the Reserve Account $0
Amount Paid to Noteholders $57,135,025
Distributions
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Monthly Principal Distributable Amount Current Payment Ending Balance Per $1,000 Factor
Class A-1 Notes $51,737,460 $116,718,245 $157.26 35.48%
Class A-2 Notes $0 $448,000,000 $0.00 100.00%
Class A-3 Notes $0 $499,000,000 $0.00 100.00%
Class A-4 Notes $0 $274,000,000 $0.00 100.00%
Class B Notes $0 $31,800,000 $0.00 100.00%
Interest Distributable Amount Current Payment Per $1,000
Class A-1 Notes $541,275 $1.65
Class A-2 Notes $1,590,400 $3.55
Class A-3 Notes $1,954,417 $3.92
Class A-4 Notes $1,166,783 $4.26
Class B Notes $144,690 $4.55
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
Class B Interest Carryover Shortfall $0 $0 $0
Receivables Data
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Beginning Period Ending Period
Number of Contracts 60,940 59,672
Weighted Average Remaining Term 46.59 45.64
Weighted Average Annual Percentage Rate 7.61% 7.60%
Delinquencies Aging Profile End of Period Dollar Amount Percentage
Current $1,146,595,928 89.84%
1-29 days $116,175,904 9.10%
30-59 days $10,836,940 0.85%
60-89 days $1,772,207 0.14%
90-119 days $457,687 0.04%
120+ days $420,516 0.03%
Total $1,276,259,181 100.00%
Delinquent Receivables +30 days past due $13,487,349 1.06%
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Accrued Interest Date: Collection Period Ending:
27-Aug-01 31-Aug-01
Distribution Date: BMW Vehicle Owner Trust 2001-A Period #
------------------------------
25-Sep-01 4
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Charge-offs
Gross Principal Charge-Offs for Current Period $136,001
Recoveries for Current Period $22,753
Net Losses for Current Period $113,248
Cumulative Realized Losses $113,248
Repossessions Dollar Amount Units
Beginning Period Repossessed Receivables Balance $831,301 34
Ending Period Repossessed Receivables Balance $1,199,849 43
Principal Balance of 90+ Day Repossessed Vehicles $0 0
Yield Supplement Overcollateralization
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Beginning Period Required Amount $7,160,781
Beginning Period Amount $7,160,781
Ending Period Required Amount $6,842,005
Current Period Release $318,776
Ending Period Amount $6,842,005
Next Distribution Date Required Amount $6,530,137
Capitalized Interest Account
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Beginning Period Required Amount $503,261
Beginning Period Amount $503,261
Net Investment Earnings $2,016
Current Period Release to Depositor $167,754
Ending Period Required Amount $335,507
Ending Period Amount $335,507
Pre-Funding Account
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Beginning Period Amount $99,965,067
Net Investment Earnings $312,400
Release to Servicer for Additional Loans $0
Current Period Release for Deposit to Collection Account $0
Ending Period Amount $99,965,067
Reserve Account
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Beginning Period Required Amount $33,211,285
Beginning Period Amount $28,999,720
Net Investment Earnings $83,937
Current Period Deposit $2,822,922
Current Period Release to Collection Account $0
Current Period Release to Depositor $0
Ending Period Required Amount $31,906,480
Ending Period Amount $31,822,642
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