EXHIBIT 99.1
Accrued Interest Date: Collection Period Ending:
25-Nov-05 30-Nov-05
Distribution Date: BMW Vehicle Owner Trust 2005-A Period #
27-Dec-05 ------------------------------ 9
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Balances
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Initial Period End
Receivables $1,500,000,024 $1,061,259,699
Reserve Account $7,194,411 $7,194,411
Yield Supplement Overcollateralization $61,117,886 $43,330,911
Overcollateralization $137 $10,619,343
Class A-1 Notes $324,000,000 $0
Class A-2 Notes $457,000,000 $349,427,445
Class A-3 Notes $361,000,000 $361,000,000
Class A-4 Notes $264,507,000 $264,507,000
Class B Notes $32,375,000 $32,375,000
Current Collection Period
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Beginning Receivables Outstanding $1,104,186,010
Collections
Principal Collections
Receipts of Scheduled Principal $25,974,596
Receipts of Pre-Paid Principal $16,154,115
Liquidation Proceeds $478,518
Principal Balance Allocable to Gross Charge-offs $319,081
Total Principal Reduction $42,926,310
Interest Collections
Receipts of Interest $3,994,407
Servicer Advances $27,090
Reimbursement of Previous Servicer Advances $0
Accrued Interest on Purchased Receivables $0
Recoveries $62,972
Net Investment Earnings $23,430
Total Interest Collections $4,107,899
Total Collections $46,715,128
Ending Receivables Outstanding $1,061,259,699
Servicer Advance Amounts
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Beginning Period Unreimbursed Previous Servicer Advance $67,867
Current Period Servicer Advance $27,090
Current Reimbursement of Previous Servicer Advance $0
Ending Period Unreimbursed Previous Servicer Advances $94,957
Collection Account
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Deposits to Collection Account $46,715,128
Distribution Amounts Due
Servicing Fees Due $920,155
Class A Noteholder Interest Distribution Due $3,352,590
First Priority Principal Distribution Due $0
Class B Noteholder Interest Distribution Due $119,518
Second Priority Principal Distribution Due $31,367,962
Reserve Account Deposit Due $0
Regular Principal Distribution Due $10,619,343
Unpaid Trustee Fees Due $0
Amounts Paid to the Servicer $920,155
Amounts Deposited into Note Distribution Account $45,459,413
Amounts Deposited into Reserve Account $0
Excess Funds Released to Depositor $335,561
Total Distributions from Collection Account $46,715,128
1
Excess Funds Released to the Depositor
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Release from Reserve Account $0
Release from Collection Account $335,561
Total Excess Funds Released to the Depositor $335,561
Note Distribution Account
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Amount Deposited from the Collection Account $45,459,413
Interest Distribution to Noteholders $3,472,108
Principal Distribution to Noteholders $41,987,305
Amount Deposited from the Reserve Account $0
Amount Paid to Noteholders $45,459,413
Distributions
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Interest Distributable Amount Current Int Per $1,000
Class A-1 Notes $0 $0.00
Class A-2 Notes $1,193,815 $3.05
Class A-3 Notes $1,215,367 $3.37
Class A-4 Notes $943,408 $3.57
Class B Notes $119,518 $3.69
Monthly Principal Distributable Amount Current Payment Ending Balance Per $1,000 Factor
Class A-1 Notes $0 $0 #DIV/0! #DIV/0!
Class A-2 Notes $41,987,305 $349,427,445 $107.27 89.27%
Class A-3 Notes $0 $361,000,000 $0.00 100.00%
Class A-4 Notes $0 $264,507,000 $0.00 100.00%
Class B Notes $0 $32,375,000 $0.00 100.00%
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
Class B Interest Carryover Shortfall $0 $0 $0
Receivables Data
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Beginning Period Ending Period
Number of Contracts 54,513 53,151
Weighted Average Remaining Term 45.00 44.13
Weighted Average Annual Percentage Rate 4.34% 4.33%
Delinquencies Aging Profile End of Period Dollar Amount Percentage
Current $974,326,122 91.81%
1-29 days $73,141,071 6.89%
30-59 days $10,553,827 0.99%
60-89 days $2,074,745 0.20%
90-119 days $398,261 0.04%
120+ days $765,673 0.07%
Total $1,061,259,699 100.00%
Delinquent Receivables +30 days past due $13,792,507 1.30%
Write-offs
Gross Principal Write-Offs for Current Period $319,081
Recoveries for Current Period $62,972
Net Write-Offs for Current Period $256,109
Cumulative Realized Losses $1,372,039
2
Repossessions Dollar Amount Units
Beginning Period Repossessed Receivables Balance $1,844,392 73
Ending Period Repossessed Receivables Balance $1,531,678 61
Principal Balance of 90+ Day Repossessed Vehicles $254,790 11
Yield Supplement Overcollateralization
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Beginning Period Required Amount $45,170,206
Beginning Period Amount $45,170,206
Current Distribution Date Required Amount $43,330,911
Current Period Release $1,839,294
Ending Period Amount $43,330,911
Next Distribution Date Required Amount $41,526,723
Reserve Account
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Beginning Period Required Amount $7,194,411
Beginning Period Amount $7,194,411
Net Investment Earnings $23,430
Beginning Period Required Amount $7,194,411
Current Period Deposit Amount Due $0
Current Period Deposit Amount Paid From Collection Account $0
Current Period Release to Note Distribution Account $0
Ending Period Required Amount $7,194,411
Current Period Release to Depositor $0
Ending Period Amount $7,194,411
Overcollateralization
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Beginning Period Amount $9,719,054
Ending Period Target Credit Enhancement OC Amount $10,619,343
Ending Period Amount $10,619,343
Current Period Release $0
3