02/03/2026 | Press release | Distributed by Public on 02/03/2026 14:55
|
BMW Vehicle Owner Trust 2024-A
|
||||||
|
Accrued Interest Date:
|
12/26/25
|
Collection Period Ending:
|
12/31/25
|
|||
|
Current Payment Date:
|
1/26/26
|
Period:
|
19
|
|||
|
Balances
|
||||||||||||||||
|
Initial
|
Beginning of Period
|
End of Period
|
||||||||||||||
|
Pool Balance
|
$
|
1,909,993,688.45
|
$
|
814,624,660.42
|
$
|
766,400,101.01
|
||||||||||
|
Yield Supplement Overcollateralization Amount
|
$
|
115,121,892.40
|
$
|
32,974,789.26
|
$
|
30,254,175.74
|
||||||||||
|
Adjusted Pool Balance
|
$
|
1,794,871,796.05
|
$
|
781,649,871.16
|
$
|
736,145,925.27
|
||||||||||
|
Reserve Account
|
$
|
4,487,179.49
|
$
|
4,487,179.49
|
$
|
4,487,179.49
|
||||||||||
|
Overcollateralization
|
$
|
44,871,796.05
|
$
|
44,871,794.90
|
$
|
44,871,794.90
|
||||||||||
|
Notes
|
Ratio
|
|||||||||||||||
|
Class A-1 Notes
|
$
|
363,000,000.00
|
-
|
-
|
0.0
|
%
|
||||||||||
|
Class A-2a Notes
|
$
|
320,500,000.00
|
-
|
-
|
0.0
|
%
|
||||||||||
|
Class A-2b Notes
|
$
|
320,500,000.00
|
-
|
-
|
0.0
|
%
|
||||||||||
|
Class A-3 Notes
|
$
|
641,000,000.00
|
$
|
631,778,076.26
|
$
|
586,274,130.37
|
84.8
|
%
|
||||||||
|
Class A-4 Notes
|
$
|
105,000,000.00
|
$
|
105,000,000.00
|
$
|
105,000,000.00
|
15.2
|
%
|
||||||||
|
$
|
1,750,000,000.00
|
$
|
736,778,076.26
|
$
|
691,274,130.37
|
100.0
|
%
|
|||||||||
|
Reconciliation of Collection Account
|
||||
|
Available Funds:
|
||||
|
Available Interest:
|
||||
|
Interest Collected on Receivables
|
$
|
3,713,184.06
|
||
|
Servicer Advances
|
152,193.35
|
|||
|
Servicer Advance Reimbursement
|
149,329.58
|
|||
|
Administrative Purchase Payment
|
0.00
|
|||
|
Warranty Purchase Payment
|
2,833.90
|
|||
|
Recoveries
|
4,970.84
|
|||
|
Investment Earnings from Reserve Account
|
13,623.88
|
|||
|
Investment Earnings from Collection Account
|
0.00
|
|||
|
Total Available Interest
|
$
|
3,737,476.45
|
||
|
Available Principal:
|
||||
|
Principal Collection on Receivables
|
||||
|
Receipts of Scheduled Principal
|
$
|
28,373,831.33
|
||
|
Receipts of Pre-Paid Principal
|
19,458,486.27
|
|||
|
Liquidation Proceeds
|
177,350.92
|
|||
|
Administrative Purchase Payment
|
0.00
|
|||
|
Warranty Purchase Payment
|
93,490.22
|
|||
|
Total Available Principal
|
$
|
48,103,158.74
|
||
|
Advances from the Reserve Account
|
$
|
0.00
|
||
|
Release from the Reserve Fund Account
|
$
|
0.00
|
||
|
Total Available Funds
|
$
|
51,840,635.19
|
||
|
Distributions:
|
||||
|
Servicing Fees
|
$
|
678,853.88
|
||
|
Non-recoverable Servicer Advance Reimbursement
|
12,538.78
|
|||
|
Noteholder's Accrued and Unpaid Interest
|
3,168,175.36
|
|||
|
First Priority Principal Distribution Amount to Noteholders
|
632,150.99
|
|||
|
Reserve Account Deposit to achieve the Specified Reserve Account Balance
|
0.00
|
|||
|
Regular Principal Distributable Amount to Noteholders
|
44,871,794.90
|
|||
|
Amounts paid to Indenture Trustee, Owner Trustee and Asset
|
0.00
|
|||
|
Representations Reviewer (subject to annual cap)
|
||||
|
Amounts paid to Indenture Trustee, Owner Trustee and Asset
|
0.00
|
|||
|
Representations Reviewer (not subject to annual cap)
|
||||
|
Certificate Distribution Account (any remaining payments)
|
2,477,121.28
|
|||
|
Total Distributions
|
$
|
51,840,635.19
|
||
|
Monthly Period Receivables Principal Balance Calculation
|
||||
|
Beginning Receivable Principal Balance
|
$
|
814,624,660.42
|
||
|
Monthly Principal Received
|
||||
|
Regular Principal Received
|
$
|
28,373,831.33
|
||
|
Prepaid Principal Received
|
19,458,486.27
|
|||
|
Liquidation Proceeds
|
177,350.92
|
|||
|
Principal Balance Allocable to Gross Charge-offs
|
121,400.67
|
|||
|
Principal Portion of Repurchased Receivables
|
93,490.22
|
|||
|
Total Monthly Principal Amounts
|
$
|
48,224,559.41
|
||
|
Ending Receivable Principal Balance
|
$
|
766,400,101.01
|
||
|
Payments to Indenture Trustee, Owner Trustee and Asset Representations Reviewer
|
||||
|
Indenture Trustee
|
||||
|
Amount due and payable to Indenture Trustee before giving effect to
|
-
|
|||
|
payments on current Payment Date:
|
||||
|
Amount due and payable to Indenture Trustee after giving effect to
|
0.00
|
|||
|
payments on current Payment Date:
|
||||
|
Owner Trustee
|
||||
|
Amount due and payable to Owner Trustee before giving effect to
|
-
|
|||
|
payments on current Payment Date:
|
||||
|
Amount due and payable to Owner Trustee after giving effect to
|
0.00
|
|||
|
payments on current Payment Date:
|
||||
|
Asset Representations Reviewer Trustee
|
||||
|
Amount due and payable to Asset Representations Reviewer before
|
-
|
|||
|
giving effect to payments on current Payment Date:
|
||||
|
Amount due and payable to Asset Representations Reviewer after
|
0.00
|
|||
|
giving effect to payments on current Payment Date:
|
||||
|
Distributions
|
||||||||||||
|
Interest Distributable Amount
|
Interest Rate
|
Current Payment
|
Per $1,000
|
|||||||||
|
Class A-1 Notes
|
5.51200
|
%
|
$
|
0.00
|
0.00
|
|||||||
|
Class A-2a Notes
|
5.42000
|
%
|
$
|
0.00
|
0.00
|
|||||||
|
Class A-2b Notes
|
0.00000
|
%
|
$
|
0.00
|
0.00
|
|||||||
|
Class A-3 Notes
|
5.18000
|
%
|
$
|
2,727,175.36
|
4.25
|
|||||||
|
Class A-4 Notes
|
5.04000
|
%
|
$
|
441,000.00
|
4.20
|
|||||||
|
$
|
3,168,175.36
|
|||||||||||
|
Monthly Principal Distributable Amount
|
Beginning Balance
|
Current Payment
|
Ending Balance
|
Per $1,000
|
Note Factor
|
|||||||||||||||
|
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
|
$
|
631,778,076.26
|
$
|
45,503,945.89
|
$
|
586,274,130.37
|
70.99
|
0.91
|
||||||||||||
|
Class A-4 Notes
|
$
|
105,000,000.00
|
-
|
$
|
105,000,000.00
|
0.00
|
1.00
|
|||||||||||||
|
736,778,076.26
|
45,503,945.89
|
691,274,130.37
|
||||||||||||||||||
|
Carryover Shortfalls
|
||||||||||||
|
Prior Period Carryover
|
Current Payment
|
Per $1,000
|
||||||||||
|
Class A-1 Interest Carryover Shortfall
|
-
|
-
|
-
|
|||||||||
|
Class A-2a Interest Carryover Shortfall
|
-
|
-
|
-
|
|||||||||
|
Class A-2b Interest Carryover Shortfall
|
-
|
-
|
-
|
|||||||||
|
Class A-3 Interest Carryover Shortfall
|
-
|
-
|
-
|
|||||||||
|
Class A-4 Interest Carryover Shortfall
|
-
|
-
|
-
|
|||||||||
|
Yield Supplement Overcollateralization Amount
|
||||
|
Previous Distribution Date Required Amount
|
32,974,789.26
|
|||
|
Beginning Period Amount
|
32,974,789.26
|
|||
|
Current Distribution Date Required Amount
|
30,254,175.74
|
|||
|
Current Period Release
|
2,720,613.52
|
|||
|
Ending Period Amount
|
30,254,175.74
|
|||
|
Reserve Account
|
||||
|
Beginning Period Required Amount
|
$
|
4,487,179.49
|
||
|
Beginning Period Amount
|
4,487,179.49
|
|||
|
Net Investment Earnings
|
13,623.88
|
|||
|
Current Period Deposit Amount Due
|
0.00
|
|||
|
Reserve Fund Draw Amount
|
0.00
|
|||
|
Ending Period Required Amount
|
4,487,179.49
|
|||
|
Release to Depositor
|
13,623.88
|
|||
|
Ending Period Amount
|
$
|
4,487,179.49
|
||
|
Overcollateralization
|
||||
|
Beginning Period Overcollateralization Amount
|
$
|
44,871,794.90
|
||
|
Target Overcollateralization Amount
|
$
|
44,871,794.90
|
||
|
Ending Period Over Collateralization Amount
|
$
|
44,871,794.90
|
||
|
Current Period Release
|
$
|
0.00
|
||
|
Receivables Data
|
||||||||
|
Beginning Period
|
Ending Period
|
|||||||
|
Number of Receivables
|
31,052
|
29,851
|
||||||
|
Weighted Average Remaining Term
|
35.97
|
35.17
|
||||||
|
Weighted Average Annual Percentage Rate
|
5.58
|
%
|
5.60
|
%
|
||||
|
Delinquencies as of the end of the Current Period
|
Units
|
Dollar Amount
|
% of Ending Rec Prin Bal
|
|||||||||
|
30-59 Days
|
162
|
$
|
5,873,252.57
|
0.77
|
%
|
|||||||
|
60-89 Days
|
49
|
1,797,943.22
|
0.23
|
%
|
||||||||
|
90-119 Days
|
21
|
831,657.56
|
0.11
|
%
|
||||||||
|
120+ Days
|
4
|
99,489.00
|
0.01
|
%
|
||||||||
|
Total 30+ Days Past Due as of the end of the current period
|
236
|
$
|
8,602,342.35
|
1.12
|
%
|
|||||||
|
Total 60+ Days Past Due as of the end of the current period
|
74
|
$
|
2,729,089.78
|
0.36
|
%
|
|||||||
|
Delinquencies as of the end of prior periods
|
||||
|
Total 30+ Days Past Due as of the end of the prior period
|
1.10
|
%
|
||
|
Total 30+ Days Past Due as of the end of the 2nd preceding period
|
1.03
|
%
|
||
|
Total 30+ Days Past Due as of the end of the 3rd preceding period
|
0.92
|
%
|
||
|
Repossessions
|
Units
|
Dollar Amount
|
||||||
|
Beginning Period Repossessed Receivables Balance
|
24
|
1,230,441.54
|
||||||
|
Ending Period Repossessed Receivables Balance
|
26
|
1,205,385.00
|
||||||
|
Principal Balance of 90+ Day Repossessed Vehicles
|
5
|
283,271.62
|
||||||
|
Write-offs as of the end of the Current Period
|
Units
|
Dollar Amount
|
||||||
|
Gross Principal Write-offs
|
4
|
121,400.67
|
||||||
|
Recoveries
|
5
|
4,970.84
|
||||||
|
Net Write-Offs
|
116,429.83
|
|||||||
|
Cumulative Net Write-offs
|
104
|
$
|
2,041,985.40
|
|||||
|
Ratio of Cumulative Net Write-offs to Avg Portfolio Balance *
|
0.26
|
%
|
||||||
|
Charge Off Rate **
|
0.11
|
%
|
||||||
|
Avg of Net Write-offs ***
|
$
|
19,634.48
|
||||||
|
Historical Loss Information
|
||||||||
|
Write-offs as of the end of the Prior Period
|
Units
|
Dollar Amount
|
||||||
|
Gross Principal Write-offs
|
4
|
83,511.30
|
||||||
|
Recoveries
|
11
|
10,765.28
|
||||||
|
Net Write-Offs
|
72,746.02
|
|||||||
|
Cumulative Net Write-offs
|
100
|
$
|
1,925,555.57
|
|||||
|
Ratio of Cumulative Net Write-offs to Avg Portfolio Balance *
|
0.23
|
%
|
||||||
|
Charge Off Rate **
|
0.10
|
%
|
||||||
|
Avg of Net Write-offs ***
|
$
|
19,255.56
|
||||||
|
Write-offs as of the end of the 2nd Preceding Period
|
Units
|
Dollar Amount
|
||||||
|
Gross Principal Write-offs
|
11
|
192,087.48
|
||||||
|
Recoveries
|
10
|
23,075.20
|
||||||
|
Net Write-Offs
|
169,012.28
|
|||||||
|
Cumulative Net Write-offs
|
96
|
$
|
1,852,809.55
|
|||||
|
Ratio of Cumulative Net Write-offs to Avg Portfolio Balance *
|
0.21
|
%
|
||||||
|
Charge Off Rate **
|
0.10
|
%
|
||||||
|
Avg of Net Write-offs ***
|
$
|
19,300.10
|
||||||
|
Write-offs as of the end of the 3rd Preceding Period
|
Units
|
Dollar Amount
|
||||||
|
Gross Principal Write-offs
|
11
|
213,075.22
|
||||||
|
Recoveries
|
7
|
16,410.05
|
||||||
|
Net Write-Offs
|
196,665.17
|
|||||||
|
Cumulative Net Write-offs
|
85
|
$
|
1,683,797.27
|
|||||
|
Ratio of Cumulative Net Write-offs to Avg Portfolio Balance *
|
0.18
|
%
|
||||||
|
Charge Off Rate **
|
0.09
|
%
|
||||||
|
Avg of Net Write-offs ***
|
$
|
19,809.38
|
||||||
|
*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.
|