Exhibit 99.1
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BMW Vehicle Lease Trust 2000-A
Collection Period Ending: 06/30/02
Distribution Date: 07/25/02
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Balances
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Initial Period End
Securitization Value $1,547,538,089 $741,421,902
Reserve Account $81,245,750 $104,458,821
Class A-1 Notes $180,000,000 $0
Class A-2 Notes $600,000,000 $0
Class A-3 Notes $300,000,000 $273,883,813
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 $763,669,150
Principal Reduction Amount $22,247,248
Ending Securitization Value $741,421,902
Calculation of Required 2000-A SUBI Collection Account Amount
Collections
Receipts of Monthly Payments $15,853,509
Sale Proceeds $4,845,621
Termination Proceeds $9,519,565
Recovery Proceeds $427,932
Total Collections $30,646,627
Servicer Advances $4,764,560
Reimbursement of Previous Servicer Advances ($6,270,320)
Required 2000-A SUBI Collection Account Amount $29,140,867
Servicer Advance Amounts
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Beginning Period Unreimbursed Previous Servicer Advance $15,751,355
Current Period Monthly Payment Advance $977,984
Current Period Sales Proceeds Advance $3,786,576
Current Reimbursement of Previous Servicer Advance ($6,270,320)
Ending Period Unreimbursed Previous Servicer Advances $14,245,595
Collection Account
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Deposits to 2000-A SUBI Collection Account $29,140,867
Withdrawals from 2000-A SUBI Collection Account
Servicing Fees $636,391
Note Distribution Account Deposit $3,804,452
Reserve Fund Deposit - Subordinated Noteholder Interest $180,548
Certificate Distribution Account Deposit $273,741
Monthly Principal Distributable Amount $22,247,248
Reserve Fund Deposit - Excess Collections $1,998,487
Payments to Transferor $0
Total Distributions from 2000-A SUBI Collection Account $29,140,867
Note Distribution Account
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Amount Deposited from the Collection Account $26,051,700
Amount Deposited from the Reserve Account $0
Amount Paid to Noteholders $26,051,700
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
BMW Vehicle Lease Trust 2000-A
Collection Period Ending: 06/30/02
Distribution Date: 07/25/02
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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 $0 $0 $0.00 0.00%
Class A-3 Notes $22,247,248 $273,883,813 $74.16 91.29%
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 $0 $0.00
Class A-3 Notes $1,638,592 $5.46
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 $142,622
Current Period Deposit $2,179,035
Reserve Fund Draw Amount $0
Release of Excess Funds $2,321,657
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 $10,054,025 $391,394,243
Residual Values $10,436,844 $409,283,517
Residual Value Losses $382,819 $17,889,274
Receivables Data
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Beginning of Period Lease Balance $840,465,499
End of Period Lease Balance $816,225,812
Delinquencies Aging Profile - End of Period Lease Balance Dollar Amount Percentage
Current $761,146,216 93.25%
1-29 days $47,766,185 5.85%
30-59 days $5,714,488 0.70%
60-89 days $1,334,818 0.16%
90-119 days $212,771 0.03%
120+ days $51,333 0.01%
Total $816,225,812 100.00%
Delinquent Receivables +30 days past due $7,313,410 0.90%
Credit Losses Current Period Cumulative
Liquidated Lease Balance $793,829 $12,354,685
Liquidation Proceeds $576,317 $8,895,366
Recovery Proceeds $11,890 $287,129
Net Credit Losses $205,622 $3,172,191
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.