EXHIBIT 99.1
BMW Vehicle Lease Trust 2000-A
Collection Period Ending: 2/28/03
Distribution Date: 3/25/03
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Balances
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Initial Period End
Securitization Value $1,547,538,089 $335,603,995
Reserve Account $81,245,750 $103,279,478
Class A-1 Notes $180,000,000 $0
Class A-2 Notes $600,000,000 $0
Class A-3 Notes $300,000,000 $0
Class A-4 Notes $389,660,000 $257,725,906
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 $402,523,438
Principal Reduction Amount $66,919,443
Ending Securitization Value $335,603,995
Calculation of Required 2000-A SUBI Collection Account Amount
Collections
Receipts of Monthly Payments $8,138,278
Sale Proceeds $18,795,441
Termination Proceeds $40,677,993
Recovery Proceeds $1,166,372
Total Collections $68,778,084
Servicer Advances $21,429,542
Reimbursement of Previous Servicer Advances ($22,151,198)
Release from Reserve Account $1,457,228
Required 2000-A SUBI Collection Account Amount $69,513,655
Servicer Advance Amounts
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Beginning Period Unreimbursed Previous Servicer Advance $49,373,195
Current Period Monthly Payment Advance $473,987
Current Period Sales Proceeds Advance $20,955,555
Current Reimbursement of Previous Servicer Advance ($22,151,198)
Ending Period Unreimbursed Previous Servicer Advances $48,651,539
Collection Account
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Deposits to 2000-A SUBI Collection Account $69,513,655
Withdrawals from 2000-A SUBI Collection Account
Servicing Fees $335,436
Note Distribution Account Deposit $1,804,487
Reserve Fund Deposit - Subordinated Noteholder Interest $180,548
Certificate Distribution Account Deposit $273,741
Monthly Principal Distributable Amount $66,919,443
Reserve Fund Deposit - Excess Collections $0
Payments to Transferor $0
Total Distributions from 2000-A SUBI Collection Account $69,513,655
Note Distribution Account
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Amount Deposited from the Collection Account $68,723,930
Amount Deposited from the Reserve Account $0
Amount Paid to Noteholders $68,723,930
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
Distributions
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Monthly Principal Distributable Amount Current Ending Per Factor
Payment Balance $1,000
Class A-1 Notes $0 $0 $0.00 0.00%
Class A-2 Notes $0 $0 $0.00 0.00%
Class A-3 Notes $0 $0 $0.00 0.00%
Class A-4 Notes $66,919,443 $257,725,906 $171.74 66.14%
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 Per
Payment $1,000
Class A-1 Notes $0 $0.00
Class A-2 Notes $0 $0.00
Class A-3 Notes $0 $0.00
Class A-4 Notes $1,804,487 $4.63
Subordinated Note $180,548 $5.83
Class B Certificates $273,741 $5.83
Carryover Shortfalls
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Prior Period Current Per
Carryover Payment $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 $97,337
Current Period Deposit $180,548
Reserve Fund Draw Amount $1,457,228
Release of Excess Funds $0
Ending Period Required Amount $104,458,821
Ending Period Amount $103,279,478
Residual Value Losses
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Current Period Cumulative
Net Sale Proceeds $60,015,145 $661,225,593
Residual Values $65,090,865 $698,452,881
Residual Value Losses $5,075,721 $37,227,287
Receivables Data
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Beginning of Period Lease Balance $446,018,961
End of Period Lease Balance $372,030,960
Delinquencies Aging Profile - End of Period Lease Balance Dollar Amount Percentage
Current $346,980,943 93.27%
1-29 days $20,786,206 5.59%
30-59 days $3,266,783 0.88%
60-89 days $749,570 0.20%
90-119 days $153,206 0.04%
120+ days $94,252 0.03%
Total $372,030,960 100.00%
Delinquent Receivables +30 days past due $4,263,811 1.15%
Credit Losses Current Period Cumulative
Liquidated Lease Balance $781,289 $17,243,065
Liquidation Proceeds $503,924 $12,363,145
Recovery Proceeds $52,164 $577,536
Net Credit Losses $225,201 $4,302,384
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.