Exhibit 99.1
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BMW Vehicle Lease Trust 2000-A
Collection Period Ending: 03/31/02
Distribution Date: 04/25/02
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Balances
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Initial Period End
Securitization Value $1,547,538,089 $822,058,312
Reserve Account $81,245,750 $104,458,821
Class A-1 Notes $180,000,000 $0
Class A-2 Notes $600,000,000 $54,520,223
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 $865,427,267
Principal Reduction Amount $43,368,955
Ending Securitization Value $822,058,312
Calculation of Required 2000-A SUBI Collection Account Amount
Collections
Receipts of Monthly Payments $20,451,310
Sale Proceeds $8,860,824
Termination Proceeds $24,753,271
Recovery Proceeds $914,226
Total Collections $54,979,631
Servicer Advances $7,317,855
Reimbursement of Previous Servicer Advances ($10,405,522)
Required 2000-A SUBI Collection Account Amount $51,891,964
Servicer Advance Amounts
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Beginning Period Unreimbursed Previous Servicer Advance $19,624,942
Current Period Monthly Payment Advance $1,071,983
Current Period Sales Proceeds Advance $6,245,872
Current Reimbursement of Previous Servicer Advance ($10,405,522)
Ending Period Unreimbursed Previous Servicer Advances $16,537,275
Collection Account
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Deposits to 2000-A SUBI Collection Account $51,891,964
Withdrawals from 2000-A SUBI Collection Account
Servicing Fees $721,189
Note Distribution Account Deposit $4,368,329
Reserve Fund Deposit - Subordinated Noteholder Interest $180,548
Certificate Distribution Account Deposit $273,741
Monthly Principal Distributable Amount $43,368,955
Reserve Fund Deposit - Excess Collections $2,979,201
Payments to Transferor $0
Total Distributions from 2000-A SUBI Collection Account $51,891,964
Note Distribution Account
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Amount Deposited from the Collection Account $47,737,285
Amount Deposited from the Reserve Account $0
Amount Paid to Noteholders $47,737,285
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: 03/31/02
Distribution Date: 04/25/02
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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 $43,368,955 $54,520,223 $72.28 9.09%
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 $542,469 $0.90
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 $149,433
Current Period Deposit $3,159,749
Reserve Fund Draw Amount $0
Release of Excess Funds $3,309,182
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 $27,986,417 $349,462,534
Residual Values $28,811,222 $366,076,493
Residual Value Losses $824,805 $16,613,960
Receivables Data
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Beginning of Period Lease Balance $952,029,502
End of Period Lease Balance $904,436,409
Delinquencies Aging Profile - End of Period Lease Balance Dollar Amount Percentage
Current $840,320,435 92.91%
1-29 days $54,071,705 5.98%
30-59 days $7,639,458 0.84%
60-89 days $1,798,560 0.20%
90-119 days $188,518 0.02%
120+ days $417,733 0.05%
Total $904,436,409 100.00%
Delinquent Receivables +30 days past due $10,044,269 1.11%
Credit Losses Current Period Cumulative
Liquidated Lease Balance $766,627 $10,517,684
Liquidation Proceeds $568,133 $7,537,051
Recovery Proceeds $9,291 $117,004
Net Credit Losses $189,203 $2,863,629
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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