EXHIBIT 99.3

                              MANAGEMENT ASSERTION

           For the period of January 1, 2003 to December 31, 2003, the servicing
           of consumer finance receivables owned by BMW Vehicle Owner Trust
           2001-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, set forth in Articles IV and V of the Sale and
           Servicing Agreement dated May 1, 2001.


           By:    BMW Financial Services NA, LLC

           By:    /s/ Gerald Holzmann
                 --------------------------------
                 Gerald Holzmann

                 Title:     CFO