EXHIBIT 99.2

                         Independent Accountants' Report
                         -------------------------------


The Board of Directors

BMW Financial Services NA, LLC

We have examined management's assertion that the servicing of consumer finance
receivables owned by BMW Vehicle Owner Trust 2002-A has been conducted by BMW
Financial Services NA, LLC, in its capacity as servicer, in compliance with the
servicing standards in all material respects, as set forth in Articles IV and V
of the Sale and Servicing Agreement dated May 1, 2002 (the Agreement), for the
period of May 1, 2002 to December 31, 2002. BMW Financial Service NA, LLC's
management is responsible for the assertion. Our responsibility is to express an
opinion on management's assertion based on our examination.

Our examination was conducted in accordance with attestation standards
established by the American Institute of Certified Public Accountants and,
accordingly, included examining, on a test basis, evidence supporting
management's assertion that the servicing of receivables has been conducted in
compliance with the servicing standards as set forth in Articles IV and V of the
Agreement, and performing such other procedures as we considered necessary in
the circumstances. We believe that our examination provides a reasonable basis
for our opinion.

In our opinion, management's assertion that the servicing of the receivables has
been conducted by BMW Financial Services NA, LLC, as Servicer, in compliance
with the servicing standards as set forth in Articles IV and V of the Sale and
Servicing Agreement dated May 1, 2002, for the period of May 1, 2002 to December
31, 2002 is fairly stated, in all material respects.

                                  /s/  KPMG LLP



April 11, 2003