11/06/2025 | Press release | Distributed by Public on 11/06/2025 16:18
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BMW Vehicle Owner Trust 2022-A
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||||||
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Accrued Interest Date:
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9/25/25
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Collection Period Ending:
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9/30/25
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|||
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Current Payment Date:
|
10/27/25
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Period:
|
41
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|||
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Balances
|
||||||||||||
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Initial
|
Beginning of Period
|
End of Period
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||||||||||
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Pool Balance
|
$
|
1,652,928,130.30
|
$
|
143,879,223.67
|
$
|
128,483,271.18
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||||||
|
Yield Supplement Overcollateralization Amount
|
$
|
114,466,501.62
|
$
|
3,201,713.62
|
$
|
2,730,586.94
|
||||||
|
Adjusted Pool Balance
|
$
|
1,538,461,628.68
|
$
|
140,677,510.05
|
$
|
125,752,684.24
|
||||||
|
Reserve Account
|
$
|
3,846,154.07
|
$
|
3,846,154.07
|
$
|
3,846,154.07
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||||||
|
Overcollateralization
|
$
|
38,461,628.68
|
$
|
38,461,540.72
|
$
|
38,461,540.72
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||||||
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Notes
|
Ratio
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|||||||||||||||
|
Class A-1 Notes
|
$
|
333,000,000.00
|
-
|
-
|
0.0
|
%
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||||||||||
|
Class A-2a Notes
|
$
|
300,000,000.00
|
-
|
-
|
0.0
|
%
|
||||||||||
|
Class A-2b Notes
|
$
|
230,000,000.00
|
-
|
-
|
0.0
|
%
|
||||||||||
|
Class A-3 Notes
|
$
|
530,000,000.00
|
-
|
-
|
0.0
|
%
|
||||||||||
|
Class A-4 Notes
|
$
|
107,000,000.00
|
$
|
102,215,969.33
|
$
|
87,291,143.52
|
100.0
|
%
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||||||||
|
$
|
1,500,000,000.00
|
$
|
102,215,969.33
|
$
|
87,291,143.52
|
100.0
|
%
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|||||||||
|
Reconciliation of Collection Account
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||||
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Available Funds:
|
||||
|
Available Interest:
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||||
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Interest Collected on Receivables
|
$
|
361,456.21
|
||
|
Servicer Advances
|
22,011.86
|
|||
|
Servicer Advance Reimbursement
|
19,920.98
|
|||
|
Administrative Purchase Payment
|
0.00
|
|||
|
Warranty Purchase Payment
|
1,413.13
|
|||
|
Recoveries
|
-1,293.74
|
|||
|
Investment Earnings from Reserve Account
|
12,993.39
|
|||
|
Investment Earnings from Collection Account
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0.00
|
|||
|
Total Available Interest
|
$
|
376,659.87
|
||
|
Available Principal:
|
||||
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Principal Collection on Receivables
|
||||
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Receipts of Scheduled Principal
|
$
|
11,964,522.05
|
||
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Receipts of Pre-Paid Principal
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3,101,151.31
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|||
|
Liquidation Proceeds
|
97,819.05
|
|||
|
Administrative Purchase Payment
|
0.00
|
|||
|
Warranty Purchase Payment
|
126,453.94
|
|||
|
Total Available Principal
|
$
|
15,289,946.35
|
||
|
Advances from the Reserve Account
|
$
|
0.00
|
||
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Release from the Reserve Fund Account
|
$
|
0.00
|
||
|
Total Available Funds
|
$
|
15,666,606.22
|
||
|
Distributions:
|
||||
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Servicing Fees
|
$
|
119,899.35
|
||
|
Non-recoverable Servicer Advance Reimbursement
|
5,056.62
|
|||
|
Noteholder's Accrued and Unpaid Interest
|
293,019.11
|
|||
|
First Priority Principal Distribution Amount to Noteholders
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0.00
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|||
|
Reserve Account Deposit to achieve the Specified Reserve Account Balance
|
0.00
|
|||
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Regular Principal Distributable Amount to Noteholders
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14,924,825.81
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|||
|
Amounts paid to Indenture Trustee, Owner Trustee and Asset
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0.00
|
|||
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Representations Reviewer (subject to annual cap)
|
||||
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Amounts paid to Indenture Trustee, Owner Trustee and Asset
|
0.00
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|||
|
Representations Reviewer (not subject to annual cap)
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||||
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Certificate Distribution Account (any remaining payments)
|
323,805.33
|
|||
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Total Distributions
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$
|
15,666,606.22
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||
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Monthly Period Receivables Principal Balance Calculation
|
||||
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Beginning Receivable Principal Balance
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$
|
143,879,223.67
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||
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Monthly Principal Received
|
||||
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Regular Principal Received
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$
|
11,964,522.05
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||
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Prepaid Principal Received
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3,101,151.31
|
|||
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Liquidation Proceeds
|
97,819.05
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|||
|
Principal Balance Allocable to Gross Charge-offs
|
106,006.14
|
|||
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Principal Portion of Repurchased Receivables
|
126,453.94
|
|||
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Total Monthly Principal Amounts
|
$
|
15,395,952.49
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||
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Ending Receivable Principal Balance
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$
|
128,483,271.18
|
||
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Payments to Indenture Trustee, Owner Trustee and Asset Representations Reviewer
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||||
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Indenture Trustee
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||||
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Amount due and payable to Indenture Trustee before giving effect to
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-
|
|||
|
payments on current Payment Date:
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||||
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Amount due and payable to Indenture Trustee after giving effect to
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0.00
|
|||
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payments on current Payment Date:
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||||
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Owner Trustee
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||||
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Amount due and payable to Owner Trustee before giving effect to
|
-
|
|||
|
payments on current Payment Date:
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||||
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Amount due and payable to Owner Trustee after giving effect to
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0.00
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|||
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payments on current Payment Date:
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||||
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Asset Representations Reviewer Trustee
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||||
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Amount due and payable to Asset Representations Reviewer before
|
-
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|||
|
giving effect to payments on current Payment Date:
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||||
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Amount due and payable to Asset Representations Reviewer after
|
0.00
|
|||
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giving effect to payments on current Payment Date:
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||||
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Distributions
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||||||||||||
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Interest Distributable Amount
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Interest Rate
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Current Payment
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Per $1,000
|
|||||||||
|
Class A-1 Notes
|
1.35100
|
%
|
$
|
0.00
|
0.00
|
|||||||
|
Class A-2a Notes
|
2.52000
|
%
|
$
|
0.00
|
0.00
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|||||||
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Class A-2b Notes
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0.00000
|
%
|
$
|
0.00
|
0.00
|
|||||||
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Class A-3 Notes
|
3.21000
|
%
|
$
|
0.00
|
0.00
|
|||||||
|
Class A-4 Notes
|
3.44000
|
%
|
$
|
293,019.11
|
2.74
|
|||||||
|
$
|
293,019.11
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|||||||||||
|
Monthly Principal Distributable Amount
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Beginning Balance
|
Current Payment
|
Ending Balance
|
Per $1,000
|
Note Factor
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|||||||||||||||
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Class A-1 Notes
|
-
|
-
|
-
|
0.00
|
0.00
|
|||||||||||||||
|
Class A-2a Notes
|
-
|
-
|
-
|
0.00
|
0.00
|
|||||||||||||||
|
Class A-2b Notes
|
-
|
-
|
-
|
0.00
|
0.00
|
|||||||||||||||
|
Class A-3 Notes
|
-
|
-
|
-
|
0.00
|
0.00
|
|||||||||||||||
|
Class A-4 Notes
|
$
|
102,215,969.33
|
$
|
14,924,825.81
|
$
|
87,291,143.52
|
139.48
|
0.82
|
||||||||||||
|
102,215,969.33
|
14,924,825.81
|
87,291,143.52
|
||||||||||||||||||
|
Carryover Shortfalls
|
||||||||||||
|
Prior Period Carryover
|
Current Payment
|
Per $1,000
|
||||||||||
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Class A-1 Interest Carryover Shortfall
|
-
|
-
|
-
|
|||||||||
|
Class A-2a Interest Carryover Shortfall
|
-
|
-
|
-
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|||||||||
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Class A-2b Interest Carryover Shortfall
|
-
|
-
|
-
|
|||||||||
|
Class A-3 Interest Carryover Shortfall
|
-
|
-
|
-
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|||||||||
|
Class A-4 Interest Carryover Shortfall
|
-
|
-
|
-
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|||||||||
|
Yield Supplement Overcollateralization Amount
|
||||
|
Previous Distribution Date Required Amount
|
3,201,713.62
|
|||
|
Beginning Period Amount
|
3,201,713.62
|
|||
|
Current Distribution Date Required Amount
|
2,730,586.94
|
|||
|
Current Period Release
|
471,126.68
|
|||
|
Ending Period Amount
|
2,730,586.94
|
|||
|
Reserve Account
|
||||
|
Beginning Period Required Amount
|
$
|
3,846,154.07
|
||
|
Beginning Period Amount
|
3,846,154.07
|
|||
|
Net Investment Earnings
|
12,993.39
|
|||
|
Current Period Deposit Amount Due
|
0.00
|
|||
|
Reserve Fund Draw Amount
|
0.00
|
|||
|
Ending Period Required Amount
|
3,846,154.07
|
|||
|
Release to Depositor
|
12,993.39
|
|||
|
Ending Period Amount
|
$
|
3,846,154.07
|
||
|
Overcollateralization
|
||||
|
Beginning Period Overcollateralization Amount
|
$
|
38,461,540.72
|
||
|
Target Overcollateralization Amount
|
$
|
38,461,540.72
|
||
|
Ending Period Over Collateralization Amount
|
$
|
38,461,540.72
|
||
|
Current Period Release
|
$
|
0.00
|
||
|
Receivables Data
|
||||||||
|
Beginning Period
|
Ending Period
|
|||||||
|
Number of Receivables
|
16,186
|
15,178
|
||||||
|
Weighted Average Remaining Term
|
16.18
|
15.53
|
||||||
|
Weighted Average Annual Percentage Rate
|
3.08
|
%
|
3.11
|
%
|
||||
|
Delinquencies as of the end of the Current Period
|
Units
|
Dollar Amount
|
% of Ending Rec Prin Bal
|
|||||||||
|
30-59 Days
|
137
|
$
|
2,042,581.64
|
1.59
|
%
|
|||||||
|
60-89 Days
|
40
|
728,459.97
|
0.57
|
%
|
||||||||
|
90-119 Days
|
7
|
126,495.87
|
0.10
|
%
|
||||||||
|
120+ Days
|
3
|
27,188.22
|
0.02
|
%
|
||||||||
|
Total 30+ Days Past Due as of the end of the current period
|
187
|
$
|
2,924,725.70
|
2.28
|
%
|
|||||||
|
Total 60+ Days Past Due as of the end of the current period
|
50
|
$
|
882,144.06
|
0.69
|
%
|
|
Delinquencies as of the end of prior periods
|
||||
|
Total 30+ Days Past Due as of the end of the prior period
|
2.11
|
%
|
||
|
Total 30+ Days Past Due as of the end of the 2nd preceding period
|
2.07
|
%
|
||
|
Total 30+ Days Past Due as of the end of the 3rd preceding period
|
2.07
|
%
|
||
|
Repossessions
|
Units
|
Dollar Amount
|
||||||
|
Beginning Period Repossessed Receivables Balance
|
14
|
332,704.73
|
||||||
|
Ending Period Repossessed Receivables Balance
|
10
|
226,232.29
|
||||||
|
Principal Balance of 90+ Day Repossessed Vehicles
|
0
|
0.00
|
||||||
|
Write-offs as of the end of the Current Period
|
Units
|
Dollar Amount
|
||||||
|
Gross Principal Write-offs
|
7
|
106,006.14
|
||||||
|
Recoveries
|
6
|
-1,293.74
|
||||||
|
Net Write-Offs
|
107,299.88
|
|||||||
|
Cumulative Net Write-offs
|
135
|
$
|
1,655,761.00
|
|||||
|
Ratio of Cumulative Net Write-offs to Avg Portfolio Balance *
|
1.22
|
%
|
||||||
|
Charge Off Rate **
|
0.10
|
%
|
||||||
|
Avg of Net Write-offs ***
|
$
|
12,264.90
|
||||||
|
Historical Loss Information
|
||||||||
|
Write-offs as of the end of the Prior Period
|
Units
|
Dollar Amount
|
||||||
|
Gross Principal Write-offs
|
5
|
53,592.75
|
||||||
|
Recoveries
|
9
|
5,138.37
|
||||||
|
Net Write-Offs
|
48,454.38
|
|||||||
|
Cumulative Net Write-offs
|
128
|
$
|
1,548,461.12
|
|||||
|
Ratio of Cumulative Net Write-offs to Avg Portfolio Balance *
|
1.02
|
%
|
||||||
|
Charge Off Rate **
|
0.09
|
%
|
||||||
|
Avg of Net Write-offs ***
|
$
|
12,097.35
|
||||||
|
Write-offs as of the end of the 2nd Preceding Period
|
Units
|
Dollar Amount
|
||||||
|
Gross Principal Write-offs
|
4
|
39,486.14
|
||||||
|
Recoveries
|
9
|
8,281.66
|
||||||
|
Net Write-Offs
|
31,204.48
|
|||||||
|
Cumulative Net Write-offs
|
123
|
$
|
1,500,006.74
|
|||||
|
Ratio of Cumulative Net Write-offs to Avg Portfolio Balance *
|
0.88
|
%
|
||||||
|
Charge Off Rate **
|
0.09
|
%
|
||||||
|
Avg of Net Write-offs ***
|
$
|
12,195.18
|
||||||
|
Write-offs as of the end of the 3rd Preceding Period
|
Units
|
Dollar Amount
|
||||||
|
Gross Principal Write-offs
|
0
|
0.00
|
||||||
|
Recoveries
|
13
|
12,685.42
|
||||||
|
Net Write-Offs
|
-12,685.42
|
|||||||
|
Cumulative Net Write-offs
|
119
|
$
|
1,468,802.26
|
|||||
|
Ratio of Cumulative Net Write-offs to Avg Portfolio Balance *
|
0.78
|
%
|
||||||
|
Charge Off Rate **
|
0.09
|
%
|
||||||
|
Avg of Net Write-offs ***
|
$
|
12,342.88
|
||||||
|
*Ratio of Cumulative Net Write-offs to Avg Portfolio Balance is calculated by dividing the Cumulative Net Write-offs for the period
|
|
by the Avg Portfolio Balance for the period.
|
|
Avg Portfolio Balance for a period is equal to the average of the Beginning Receivable Principal Balance and the Ending Receivable
|
|
Principal Balance for such period.
|
|
**Charge Off Rate is calculated by dividing Cumulative Net Write-offs by initial Pool Balance as of the Cut-off Date.
|
|
*** Average of Net Write-offs is calculated by dividing Cumulative Net Write-offs by the aggregate number of Receivables
|
|
that have experienced a net write-off.
|