EXHIBIT 99.1
Accrued Interest Date: Collection Period Ending:
27-Dec-05 31-Dec-05
Distribution Date: BMW Vehicle Owner Trust 2005-A Period #
25-Jan-06 ------------------------------ 10
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Balances
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Initial Period End
Receivables $1,500,000,024 $1,017,882,186
Reserve Account $7,194,411 $7,194,411
Yield Supplement Overcollateralization $61,117,886 $41,526,723
Overcollateralization $137 $9,891,810
Class A-1 Notes $324,000,000 $0
Class A-2 Notes $457,000,000 $308,581,652
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 $1,061,259,699
Collections
Principal Collections
Receipts of Scheduled Principal $26,472,752
Receipts of Pre-Paid Principal $15,869,708
Liquidation Proceeds $405,060
Principal Balance Allocable to Gross Charge-offs $629,994
Total Principal Reduction $43,377,514
Interest Collections
Receipts of Interest $5,346,790
Servicer Advances $0
Reimbursement of Previous Servicer Advances ($13,793)
Accrued Interest on Purchased Receivables $0
Recoveries $52,446
Net Investment Earnings $25,507
Total Interest Collections $5,410,951
Total Collections $48,158,471
Ending Receivables Outstanding $1,017,882,186
Servicer Advance Amounts
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Beginning Period Unreimbursed Previous Servicer Advance $94,957
Current Period Servicer Advance $0
Current Reimbursement of Previous Servicer Advance ($13,793)
Ending Period Unreimbursed Previous Servicer Advances $81,164
Collection Account
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Deposits to Collection Account $48,158,471
Distribution Amounts Due
Servicing Fees Due $884,383
Class A Noteholder Interest Distribution Due $3,224,529
First Priority Principal Distribution Due $0
Class B Noteholder Interest Distribution Due $119,518
Second Priority Principal Distribution Due $30,953,982
Reserve Account Deposit Due $0
Regular Principal Distribution Due $9,891,810
Unpaid Trustee Fees Due $0
Amounts Paid to the Servicer $884,383
Amounts Deposited into Note Distribution Account $44,189,839
Amounts Deposited into Reserve Account $0
Excess Funds Released to Depositor $3,084,249
Total Distributions from Collection Account $48,158,471
1
Excess Funds Released to the Depositor
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Release from Reserve Account $0
Release from Collection Account $3,084,249
Total Excess Funds Released to the Depositor $3,084,249
Note Distribution Account
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Amount Deposited from the Collection Account $44,189,839
Interest Distribution to Noteholders $3,344,046
Principal Distribution to Noteholders $40,845,792
Amount Deposited from the Reserve Account $0
Amount Paid to Noteholders $44,189,839
Distributions
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Interest Distributable Amount Current Int Per $1,000
Class A-1 Notes $0 $0.00
Class A-2 Notes $1,065,754 $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 $40,845,792 $308,581,652 $116.89 88.31%
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 53,151 51,779
Weighted Average Remaining Term 44.13 43.24
Weighted Average Annual Percentage Rate 4.33% 4.31%
Delinquencies Aging Profile End of Period Dollar Amount Percentage
Current $927,051,601 91.08%
1-29 days $74,232,130 7.29%
30-59 days $12,844,507 1.26%
60-89 days $2,363,322 0.23%
90-119 days $686,621 0.07%
120+ days $704,005 0.07%
Total $1,017,882,186 100.00%
Delinquent Receivables +30 days past due $16,598,455 1.63%
Write-offs
Gross Principal Write-Offs for Current Period $629,994
Recoveries for Current Period $52,446
Net Write-Offs for Current Period $577,547
Cumulative Realized Losses $1,949,587
Repossessions Dollar Amount Units
Beginning Period Repossessed Receivables Balance $1,531,678 61
Ending Period Repossessed Receivables Balance $1,558,410 60
Principal Balance of 90+ Day Repossessed Vehicles $180,282 7
2
Yield Supplement Overcollateralization
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Beginning Period Required Amount $43,330,911
Beginning Period Amount $43,330,911
Current Distribution Date Required Amount $41,526,723
Current Period Release $1,804,188
Ending Period Amount $41,526,723
Next Distribution Date Required Amount $39,757,899
Reserve Account
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Beginning Period Required Amount $7,194,411
Beginning Period Amount $7,194,411
Net Investment Earnings $25,507
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 $10,619,343
Ending Period Target Credit Enhancement OC Amount $9,891,810
Ending Period Amount $9,891,810
Current Period Release $727,533
3