EXHIBIT 99.1
- ------------
Accrued Interest Date: Collection Period Ending:
25-Oct-07 31-Oct-07
Distribution Date: BMW VEHICLE OWNER TRUST 2005-A Period #
26-Nov-07 ------------------------------ 32
- ------------------------------------------------------------------------------------------------------------------------------------
Balances
- ------------------------------------------------------------------------------------------------------------------------------------
Initial Period End
Receivables $1,500,000,024 $313,377,176
Reserve Account $7,194,411 $7,194,411
Yield Supplement Overcollateralization $61,117,886 $11,212,999
Overcollateralization $137 $0
Class A-1 Notes $324,000,000 $0
Class A-2 Notes $457,000,000 $0
Class A-3 Notes $361,000,000 $5,282,177
Class A-4 Notes $264,507,000 $264,507,000
Class B Notes $32,375,000 $32,375,000
Current Collection Period
- ------------------------------------------------------------------------------------------------------------------------------------
Beginning Receivables Outstanding $337,386,847
Collections
Principal Collections
Receipts of Scheduled Principal $15,707,849
Receipts of Pre-Paid Principal $7,745,909
Liquidation Proceeds $273,236
Principal Balance Allocable to Gross Charge-offs $282,677
Total Principal Reduction $24,009,671
Interest Collections
Receipts of Interest $1,124,674
Servicer Advances $0
Reimbursement of Previous Servicer Advances ($23,679)
Accrued Interest on Purchased Receivables $0
Recoveries $23,458
Net Investment Earnings $29,311
Total Interest Collections $1,153,764
Total Collections $24,880,758
Ending Receivables Outstanding $313,377,176
Servicer Advance Amounts
- ------------------------------------------------------------------------------------------------------------------------------------
Beginning Period Unreimbursed Previous Servicer Advance $691,641
Current Period Servicer Advance $0
Current Reimbursement of Previous Servicer Advance ($23,679)
Ending Period Unreimbursed Previous Servicer Advances $667,962
Collection Account
- ------------------------------------------------------------------------------------------------------------------------------------
Deposits to Collection Account $24,880,758
Distribution Amounts Due
Servicing Fees Due $281,156
Class A Noteholder Interest Distribution Due $1,038,758
First Priority Principal Distribution Due $0
Class B Noteholder Interest Distribution Due $119,518
Second Priority Principal Distribution Due $23,039,529
Reserve Account Deposit Due $0
Regular Principal Distribution Due $0
Unpaid Trustee Fees Due $0
Amounts Paid to the Servicer $281,156
Amounts Deposited into Note Distribution Account $24,197,805
Amounts Deposited into Reserve Account $0
Excess Funds Released to Depositor $401,797
Total Distributions from Collection Account $24,880,758
Excess Funds Released to the Depositor
- ------------------------------------------------------------------------------------------------------------------------------------
Release from Reserve Account $0
Release from Collection Account $401,797
Total Excess Funds Released to the Depositor $401,797
Note Distribution Account
- ------------------------------------------------------------------------------------------------------------------------------------
Amount Deposited from the Collection Account $24,197,805
Interest Distribution to Noteholders $1,158,276
Principal Distribution to Noteholders $23,039,529
Amount Deposited from the Reserve Account $0
Amount Paid to Noteholders $24,197,805
Distributions
- ------------------------------------------------------------------------------------------------------------------------------------
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 $95,350 $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 $23,039,529 $5,282,177 $813.49 18.65%
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
- ------------------------------------------------------------------------------------------------------------------------------------
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
- ------------------------------------------------------------------------------------------------------------------------------------
Beginning Period Ending Period
Number of Contracts 29,491 28,582
Weighted Average Remaining Term 23.74 22.80
Weighted Average Annual Percentage Rate 4.16% 4.15%
Delinquencies Aging Profile End of Period Dollar Amount Percentage
Current $280,009,963 89.35%
1-29 days $24,915,932 7.95%
30-59 days $6,243,285 1.99%
60-89 days $1,142,957 0.36%
90-119 days $328,629 0.10%
120+ days $736,411 0.23%
Total $313,377,176 100.00%
Delinquent Receivables +30 days past due $8,451,282 2.70%
Write-offs
Gross Principal Write-Offs for Current Period $282,677
Recoveries for Current Period $23,458
Net Write-Offs for Current Period $259,220
Cumulative Realized Losses $8,070,881
Repossessions Dollar Amount Units
Beginning Period Repossessed Receivables Balance $1,088,910 51
Ending Period Repossessed Receivables Balance $1,139,012 56
Principal Balance of 90+ Day Repossessed Vehicles $15,439 1
Yield Supplement Overcollateralization
- ------------------------------------------------------------------------------------------------------------------------------------
Beginning Period Required Amount $12,183,142
Beginning Period Amount $12,183,142
Current Distribution Date Required Amount $11,212,999
Current Period Release $970,142
Ending Period Amount $11,212,999
Next Distribution Date Required Amount $10,283,147
Reserve Account
- ------------------------------------------------------------------------------------------------------------------------------------
Beginning Period Required Amount $7,194,411
Beginning Period Amount $7,194,411
Net Investment Earnings $29,311
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
- ------------------------------------------------------------------------------------------------------------------------------------
Beginning Period Amount $0
Ending Period Target Credit Enhancement OC Amount $0
Ending Period Amount $0
Current Period Release $0