Accrued Interest Date: Collection Period Ending:
25-Oct-06 31-Oct-06
Distribution Date: BMW Vehicle Owner Trust 2005-A Period #
27-Nov-06 ------------------------------ 20
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Balances
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Initial Period End
Receivables $1,500,000,024 $642,543,168
Reserve Account $7,194,411 $7,194,411
Yield Supplement Overcollateralization $61,117,886 $25,469,479
Overcollateralization $137 $3,604,379
Class A-1 Notes $324,000,000 $0
Class A-2 Notes $457,000,000 $0
Class A-3 Notes $361,000,000 $316,587,310
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 $676,225,659
Collections
Principal Collections
Receipts of Scheduled Principal $20,471,301
Receipts of Pre-Paid Principal $12,487,408
Liquidation Proceeds $379,676
Principal Balance Allocable to Gross Charge-offs $344,107
Total Principal Reduction $33,682,491
Interest Collections
Receipts of Interest $2,146,050
Servicer Advances $21,256
Reimbursement of Previous Servicer Advances $0
Accrued Interest on Purchased Receivables $0
Recoveries $55,753
Net Investment Earnings $31,388
Total Interest Collections $2,254,448
Total Collections $35,592,832
Ending Receivables Outstanding $642,543,168
Servicer Advance Amounts
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Beginning Period Unreimbursed Previous Servicer Advance $87,197
Current Period Servicer Advance $21,256
Current Reimbursement of Previous Servicer Advance $0
Ending Period Unreimbursed Previous Servicer Advances $108,453
Collection Account
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Deposits to Collection Account $35,592,832
Distribution Amounts Due
Servicing Fees Due $563,521
Class A Noteholder Interest Distribution Due $2,115,903
First Priority Principal Distribution Due $0
Class B Noteholder Interest Distribution Due $119,518
Second Priority Principal Distribution Due $28,074,198
Reserve Account Deposit Due $0
Regular Principal Distribution Due $3,604,379
Unpaid Trustee Fees Due $0
Amounts Paid to the Servicer $563,521
Amounts Deposited into Note Distribution Account $33,913,998
Amounts Deposited into Reserve Account $0
Excess Funds Released to Depositor $1,115,313
Total Distributions from Collection Account $35,592,832
Excess Funds Released to the Depositor
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Release from Reserve Account $0
Release from Collection Account $1,115,313
Total Excess Funds Released to the Depositor $1,115,313
Note Distribution Account
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Amount Deposited from the Collection Account $33,913,998
Interest Distribution to Noteholders $2,235,421
Principal Distribution to Noteholders $31,678,577
Amount Deposited from the Reserve Account $0
Amount Paid to Noteholders $33,913,998
Distributions
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Interest Distributable Amount Current Int Per $1,000
Class A-1 Notes $0 $0.00
Class A-2 Notes $0 $0.00
Class A-3 Notes $1,172,495 $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 $0 $0 $0.00 0.00%
Class A-3 Notes $31,678,577 $316,587,310 $90.96 90.90%
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 40,242 39,296
Weighted Average Remaining Term 34.95 33.99
Weighted Average Annual Percentage Rate 4.22% 4.21%
Delinquencies Aging Profile End of Period Dollar Amount Percentage
Current $585,805,645 91.17%
1-29 days $46,200,081 7.19%
30-59 days $8,206,406 1.28%
60-89 days $1,213,534 0.19%
90-119 days $415,367 0.06%
120+ days $702,135 0.11%
Total $642,543,168 100.00%
Delinquent Receivables +30 days past due $10,537,441 1.64%
Write-offs
Gross Principal Write-Offs for Current Period $344,107
Recoveries for Current Period $55,753
Net Write-Offs for Current Period $288,354
Cumulative Realized Losses $5,067,987
Repossessions Dollar Amount Units
Beginning Period Repossessed Receivables Balance $1,621,429 66
Ending Period Repossessed Receivables Balance $1,690,882 72
Principal Balance of 90+ Day Repossessed Vehicles $99,779 6
Yield Supplement Overcollateralization
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Beginning Period Required Amount $26,909,144
Beginning Period Amount $26,909,144
Current Distribution Date Required Amount $25,469,479
Current Period Release $1,439,665
Ending Period Amount $25,469,479
Next Distribution Date Required Amount $24,067,629
Reserve Account
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Beginning Period Required Amount $7,194,411
Beginning Period Amount $7,194,411
Net Investment Earnings $31,388
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 $4,168,628
Ending Period Target Credit Enhancement OC Amount $3,604,379
Ending Period Amount $3,604,379
Current Period Release $564,249