Exhibit 99.1
Accrued Interest Date: Collection Period Ending:
25-Oct-01 31-Oct-01
Distribution Date: BMW Vehicle Owner Trust 2001-A Period #
------------------------------
26-Nov-01 6
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Balances
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Initial Period End
Receivables $1,489,992,840 $1,273,402,175
Pre-Funding Account $99,965,067 $0
Capitalized Interest Account $1,045,665 $0
Reserve Account $22,349,893 $31,835,054
Yield Supplement Overcollateralization $8,157,907 $6,225,224
Class A-1 Notes $329,000,000 $15,262,611
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 $1,333,475,058
Calculation of Total Distribution Amount
Regular Principal Distributable Amount
Receipts of Scheduled Principal $31,159,122
Receipts of Pre-Paid Principal $28,018,207
Liquidation Proceeds $442,426
Principal Balance Allocable to Purchased Receivables $0
Release from Pre-Funding Account $0
Total Receipts of Principal $59,619,755
Interest Distribution Amount
Receipts of Interest $12,291,139
Servicer Advances $0
Reimbursement of Previous Servicer Advances ($3,488,113)
Accrued Interest on Purchased Receivables $0
Recoveries $82,889
Capitalized Interest Payments $167,754
Net Investment Earnings $203,032
Total Receipts of Interest $9,256,702
Release from Reserve Account $0
Total Distribution Amount $68,876,457
Ending Receivables Outstanding $1,273,402,175
Servicer Advance Amounts
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Beginning Period Unreimbursed Previous Servicer Advance $3,939,724
Current Period Servicer Advance $0
Current Reimbursement of Previous Servicer Advance ($3,488,113)
Ending Period Unreimbursed Previous Servicer Advances $451,612
Collection Account
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Deposits to Collection Account $68,876,457
Withdrawals from Collection Account
Servicing Fees $1,111,229
Class A Noteholder Interest Distribution $4,976,019
First Priority Principal Distribution $0
Class B Noteholder Interest Distribution $144,690
Regular Principal Distribution $59,314,842
Reserve Account Deposit $0
Unpaid Trustee Fees $0
Excess Funds Released to Depositor $3,167,801
Total Distributions from Collection Account $68,714,580
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Accrued Interest Date: Collection Period Ending:
25-Oct-01 31-Oct-01
Distribution Date: BMW Vehicle Owner Trust 2001-A Period #
------------------------------
26-Nov-01 6
---------------------------------------------------------------------------------------------------------------
Excess Funds Released to the Depositor
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Release from Reserve Account $1,501,822
Release from Collection Account $3,167,801
Total Excess Funds Released to the Depositor $4,669,623
Note Distribution Account
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Amount Deposited from the Collection Account $64,435,550
Amount Deposited from the Reserve Account $0
Amount Paid to Noteholders $64,435,550
Distributions
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Monthly Principal Distributable Amount Current Payment Ending Balance Per $1,000 Factor
Class A-1 Notes $59,314,842 $15,262,611 $180.29 4.64%
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 $264,419 $0.80
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 61,081
Weighted Average Remaining Term 46.59 45.51
Weighted Average Annual Percentage Rate 7.61% 7.65%
Delinquencies Aging Profile End of Period Dollar Amount Percentage
Current $1,138,992,213 89.44%
1-29 days $118,085,164 9.27%
30-59 days $12,754,233 1.00%
60-89 days $2,163,377 0.17%
90-119 days $937,908 0.07%
120+ days $469,280 0.04%
Total $1,273,402,175 100.00%
Delinquent Receivables +30 days past due $16,324,798 1.28%
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Accrued Interest Date: Collection Period Ending:
25-Oct-01 31-Oct-01
Distribution Date: BMW Vehicle Owner Trust 2001-A Period #
------------------------------
26-Nov-01 6
---------------------------------------------------------------------------------------------------------------
Charge-offs
Gross Principal Charge-Offs for Current Period $453,128
Recoveries for Current Period $82,889
Net Losses for Current Period $370,239
Cumulative Realized Losses $769,902
Repossessions Dollar Amount Units
Beginning Period Repossessed Receivables Balance $1,454,773 52
Ending Period Repossessed Receivables Balance $1,528,861 64
Principal Balance of 90+ Day Repossessed Vehicles $21,345 1
Yield Supplement Overcollateralization
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Beginning Period Required Amount $6,530,137
Beginning Period Amount $6,530,137
Ending Period Required Amount $6,225,224
Current Period Release $304,913
Ending Period Amount $6,225,224
Next Distribution Date Required Amount $5,927,323
Capitalized Interest Account
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Beginning Period Required Amount $167,754
Beginning Period Amount $167,754
Net Investment Earnings $703
Current Period Release to Depositor $167,754
Ending Period Required Amount $0
Ending Period Amount $0
Pre-Funding Account
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Beginning Period Amount $0
Net Investment Earnings $125,430
Release to Servicer for Additional Loans $0
Current Period Release for Deposit to Collection Account $0
Ending Period Amount $0
Reserve Account
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Beginning Period Required Amount $33,336,876
Beginning Period Amount $33,336,876
Net Investment Earnings $76,900
Current Period Deposit $0
Current Period Release to Collection Account $0
Current Period Release to Depositor $1,501,822
Ending Period Required Amount $31,835,054
Ending Period Amount $31,835,054
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