EXHIBIT 99.1
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Accrued Interest Date: Collection Period Ending:
25-Sep-06 30-Sep-06
Distribution Date: BMW Vehicle Owner Trust 2005-A Period #
25-Oct-06 ------------------------------ 19
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Balances
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Initial Period End
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Receivables $1,500,000,024 $676,225,659
Reserve Account $7,194,411 $7,194,411
Yield Supplement Overcollateralization $61,117,886 $26,909,144
Overcollateralization $137 $4,168,628
Class A-1 Notes $324,000,000 $0
Class A-2 Notes $457,000,000 $0
Class A-3 Notes $361,000,000 $348,265,887
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 $708,599,236
Collections
Principal Collections
Receipts of Scheduled Principal $19,531,017
Receipts of Pre-Paid Principal $11,871,232
Liquidation Proceeds $506,693
Principal Balance Allocable to Gross Charge-offs $464,635
Total Principal Reduction $32,373,577
Interest Collections
Receipts of Interest $2,518,017
Servicer Advances $0
Reimbursement of Previous Servicer Advances ($1,067)
Accrued Interest on Purchased Receivables $0
Recoveries $41,944
Net Investment Earnings $30,431
Total Interest Collections $2,589,326
Total Collections $34,498,268
Ending Receivables Outstanding $676,225,659
Servicer Advance Amounts
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Beginning Period Unreimbursed Previous Servicer Advance $88,264
Current Period Servicer Advance $0
Current Reimbursement of Previous Servicer Advance ($1,067)
Ending Period Unreimbursed Previous Servicer Advances $87,197
Collection Account
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Deposits to Collection Account $34,498,268
Distribution Amounts Due
Servicing Fees Due $590,499
Class A Noteholder Interest Distribution Due $2,212,521
First Priority Principal Distribution Due $0
Class B Noteholder Interest Distribution Due $119,518
Second Priority Principal Distribution Due $26,187,023
Reserve Account Deposit Due $0
Regular Principal Distribution Due $4,168,628
Unpaid Trustee Fees Due $0
Amounts Paid to the Servicer $590,499
Amounts Deposited into Note Distribution Account $32,687,690
Amounts Deposited into Reserve Account $0
Excess Funds Released to Depositor $1,220,078
Total Distributions from Collection Account $34,498,268
Excess Funds Released to the Depositor
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Release from Reserve Account $0
Release from Collection Account $1,220,078
Total Excess Funds Released to the Depositor $1,220,078
Note Distribution Account
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Amount Deposited from the Collection Account $32,687,690
Interest Distribution to Noteholders $2,332,038
Principal Distribution to Noteholders $30,355,652
Amount Deposited from the Reserve Account $0
Amount Paid to Noteholders $32,687,690
Distributions
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Interest Distributable Amount Current Int Per $1,000
Class A-1 Notes $0 $0.00
Class A-2 Notes $53,746 $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 $17,621,538 $0 $1,000.00 0.00%
Class A-3 Notes $12,734,113 $348,265,887 $35.27 96.47%
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 41,097 40,242
Weighted Average Remaining Term 35.88 34.95
Weighted Average Annual Percentage Rate 4.22% 4.22%
Delinquencies Aging Profile End of Period Dollar Amount Percentage
Current $620,253,220 91.72%
1-29 days $46,650,733 6.90%
30-59 days $6,425,331 0.95%
60-89 days $1,719,045 0.25%
90-119 days $410,778 0.06%
120+ days $766,552 0.11%
Total $676,225,659 100.00%
Delinquent Receivables +30 days past due $9,321,707 1.38%
Write-offs
Gross Principal Write-Offs for Current Period $464,635
Recoveries for Current Period $41,944
Net Write-Offs for Current Period $422,691
Cumulative Realized Losses $4,779,633
Repossessions Dollar Amount Units
Beginning Period Repossessed Receivables Balance $1,536,909 64
Ending Period Repossessed Receivables Balance $1,621,429 66
Principal Balance of 90+ Day Repossessed Vehicles $100,159 6
Yield Supplement Overcollateralization
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Beginning Period Required Amount $28,386,384
Beginning Period Amount $28,386,384
Current Distribution Date Required Amount $26,909,144
Current Period Release $1,477,240
Ending Period Amount $26,909,144
Next Distribution Date Required Amount $25,469,479
Reserve Account
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Beginning Period Required Amount $7,194,411
Beginning Period Amount $7,194,411
Net Investment Earnings $30,431
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 $4,709,314
Ending Period Target Credit Enhancement OC Amount $4,168,628
Ending Period Amount $4,168,628
Current Period Release $540,686