EXHIBIT 99.1
Accrued Interest Date: Collection Period Ending:
27-Mar-06 31-Mar-06
Distribution Date: BMW Vehicle Owner Trust 2005-A Period #
25-Apr-06 ------------------------------ 13
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BALANCES
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Initial Period End
Receivables $1,500,000,024 $891,790,133
Reserve Account $7,194,411 $7,194,411
Yield Supplement Overcollateralization $61,117,886 $36,327,342
Overcollateralization $137 $7,776,188
Class A-1 Notes $324,000,000 $0
Class A-2 Notes $457,000,000 $189,804,603
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 $936,630,431
Collections
Principal Collections
Receipts of Scheduled Principal $26,096,987
Receipts of Pre-Paid Principal $18,019,043
Liquidation Proceeds $514,798
Principal Balance Allocable to Gross Charge-offs $209,470
Total Principal Reduction $44,840,298
Interest Collections
Receipts of Interest $2,945,780
Servicer Advances $0
Reimbursement of Previous Servicer Advances ($10,236)
Accrued Interest on Purchased Receivables $0
Recoveries $144,194
Net Investment Earnings $27,932
Total Interest Collections $3,107,670
Total Collections $47,738,499
Ending Receivables Outstanding $891,790,133
SERVICER ADVANCE AMOUNTS
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Beginning Period Unreimbursed Previous Servicer Advance $182,643
Current Period Servicer Advance $0
Current Reimbursement of Previous Servicer Advance ($10,236)
Ending Period Unreimbursed Previous Servicer Advances $172,407
COLLECTION ACCOUNT
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Deposits to Collection Account $47,738,499
Distribution Amounts Due
Servicing Fees Due $780,525
Class A Noteholder Interest Distribution Due $2,866,962
First Priority Principal Distribution Due $2,236,756
Class B Noteholder Interest Distribution Due $119,518
Second Priority Principal Distribution Due $32,375,000
Reserve Account Deposit Due $0
Regular Principal Distribution Due $7,776,188
Unpaid Trustee Fees Due $0
Amounts Paid to the Servicer $780,525
Amounts Deposited into Note Distribution Account $45,374,424
Amounts Deposited into Reserve Account $0
Excess Funds Released to Depositor $1,583,549
Total Distributions from Collection Account $47,738,499
1
EXCESS FUNDS RELEASED TO THE DEPOSITOR
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Release from Reserve Account $0
Release from Collection Account $1,583,549
Total Excess Funds Released to the Depositor $1,583,549
NOTE DISTRIBUTION ACCOUNT
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Amount Deposited from the Collection Account $45,374,424
Interest Distribution to Noteholders $2,986,480
Principal Distribution to Noteholders $42,387,944
Amount Deposited from the Reserve Account $0
Amount Paid to Noteholders $45,374,424
DISTRIBUTIONS
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Interest Distributable Amount Current Int Per $1,000
Class A-1 Notes $0 $0.00
Class A-2 Notes $708,187 $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 $0.00 0.00%
Class A-2 Notes $42,387,944 $189,804,603 $182.56 81.74%
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 48,528 46,819
Weighted Average Remaining Term 41.52 40.59
Weighted Average Annual Percentage Rate 4.28% 4.27%
Delinquencies Aging Profile End of Period Dollar Amount Percentage
Current $828,060,869 92.85%
1-29 days $51,705,822 5.80%
30-59 days $9,104,890 1.02%
60-89 days $1,708,838 0.19%
90-119 days $332,008 0.04%
120+ days $877,706 0.10%
Total $891,790,133 100.00%
Delinquent Receivables +30 days past due $12,023,442 1.35%
2
Write-offs
Gross Principal Write-Offs for Current Period $209,470
Recoveries for Current Period $144,194
Net Write-Offs for Current Period $65,275
Cumulative Realized Losses $2,207,023
Repossessions Dollar Amount Units
Beginning Period Repossessed Receivables Balance $1,686,996 62
Ending Period Repossessed Receivables Balance $1,939,228 66
Principal Balance of 90+ Day Repossessed Vehicles $249,504 10
YIELD SUPPLEMENT OVERCOLLATERALIZATION
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Beginning Period Required Amount $38,024,695
Beginning Period Amount $38,024,695
Current Distribution Date Required Amount $36,327,342
Current Period Release $1,697,353
Ending Period Amount $36,327,342
Next Distribution Date Required Amount $34,666,059
RESERVE ACCOUNT
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Beginning Period Required Amount $7,194,411
Beginning Period Amount $7,194,411
Net Investment Earnings $27,932
Beginning Period Required Amount $7,194,411
Current Period Deposit Amount Due $0
Current Period Deposit Amount Paid From Collection Accoun $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 $8,531,190
Ending Period Target Credit Enhancement OC Amount $7,776,188
Ending Period Amount $7,776,188
Current Period Release $755,002
3