BMW Vehicle Owner Trust 2024-A

10/03/2025 | Press release | Distributed by Public on 10/03/2025 13:01

Asset-Backed Issuer Distribution Report (Form 10-D)

BMW Vehicle Owner Trust 2024-A
Accrued Interest Date:
8/25/25
Collection Period Ending:
8/31/25
Current Payment Date:
9/25/25
Period:
15

Balances
Initial
Beginning of Period
End of Period
Pool Balance
$
1,909,993,688.45
$
1,011,209,041.02
$
959,123,854.46
Yield Supplement Overcollateralization Amount
$
115,121,892.40
$
44,950,503.64
$
41,695,761.13
Adjusted Pool Balance
$
1,794,871,796.05
$
966,258,537.38
$
917,428,093.33
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
$
87,693,371.24
$
63,278,149.21
7.3
%
Class A-2b Notes
$
320,500,000.00
$
87,693,371.24
$
63,278,149.22
7.3
%
Class A-3 Notes
$
641,000,000.00
$
641,000,000.00
$
641,000,000.00
73.5
%
Class A-4 Notes
$
105,000,000.00
$
105,000,000.00
$
105,000,000.00
12.0
%
$
1,750,000,000.00
$
921,386,742.48
$
872,556,298.43
100.0
%

Reconciliation of Collection Account
Available Funds:
Available Interest:
Interest Collected on Receivables
$
4,654,658.39
Servicer Advances
166,200.52
Servicer Advance Reimbursement
138,635.12
Administrative Purchase Payment
0.00
Warranty Purchase Payment
2,624.51
Recoveries
12,541.85
Investment Earnings from Reserve Account
16,164.53
Investment Earnings from Collection Account
0.00
Total Available Interest
$
4,713,554.68
Available Principal:
Principal Collection on Receivables
Receipts of Scheduled Principal
$
32,163,044.93
Receipts of Pre-Paid Principal
19,195,528.57
Liquidation Proceeds
236,781.81
Administrative Purchase Payment
0.00
Warranty Purchase Payment
345,894.83
Total Available Principal
$
51,941,250.14
Advances from the Reserve Account
$
0.00
Release from the Reserve Fund Account
$
0.00

Total Available Funds
$
56,654,804.82
Distributions:
Servicing Fees
$
842,674.20
Non-recoverable Servicer Advance Reimbursement
11,800.39
Noteholder's Accrued and Unpaid Interest
3,958,102.91
First Priority Principal Distribution Amount to Noteholders
3,958,649.15
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)
3,011,783.27
Total Distributions
$
56,654,804.82

Monthly Period Receivables Principal Balance Calculation
Beginning Receivable Principal Balance
$
1,011,209,041.02
Monthly Principal Received
Regular Principal Received
$
32,163,044.93
Prepaid Principal Received
19,195,528.57
Liquidation Proceeds
236,781.81
Principal Balance Allocable to Gross Charge-offs
143,936.42
Principal Portion of Repurchased Receivables
345,894.83
Total Monthly Principal Amounts
$
52,085,186.56
Ending Receivable Principal Balance
$
959,123,854.46

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
%
$
396,081.73
1.24
Class A-2b Notes
4.68839
%
$
354,037.85
1.10
Class A-3 Notes
5.18000
%
$
2,766,983.33
4.32
Class A-4 Notes
5.04000
%
$
441,000.00
4.20
$
3,958,102.91

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
$
87,693,371.24
$
24,415,222.03
$
63,278,149.21
76.18
0.20
Class A-2b Notes
$
87,693,371.24
$
24,415,222.02
$
63,278,149.22
76.18
0.20
Class A-3 Notes
$
641,000,000.00
-
$
641,000,000.00
0.00
1.00
Class A-4 Notes
$
105,000,000.00
-
$
105,000,000.00
0.00
1.00
921,386,742.48
48,830,444.05
872,556,298.43

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
44,950,503.64
Beginning Period Amount
44,950,503.64
Current Distribution Date Required Amount
41,695,761.13
Current Period Release
3,254,742.51
Ending Period Amount
41,695,761.13

Reserve Account
Beginning Period Required Amount
$
4,487,179.49
Beginning Period Amount
4,487,179.49
Net Investment Earnings
16,164.53
Current Period Deposit Amount Due
0.00
Reserve Fund Draw Amount
0.00
Ending Period Required Amount
4,487,179.49
Release to Depositor
16,164.53
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
35,184
34,103
Weighted Average Remaining Term
39.19
38.37
Weighted Average Annual Percentage Rate
5.52
%
5.54
%

Delinquencies as of the end of the Current Period
Units
Dollar Amount
% of Ending Rec Prin Bal
30-59 Days
142
$
5,391,094.85
0.56
%
60-89 Days
36
1,964,403.66
0.20
%
90-119 Days
17
834,546.30
0.09
%
120+ Days
5
157,869.82
0.02
%

Total 30+ Days Past Due as of the end of the current period
200
$
8,347,914.63
0.87
%
Total 60+ Days Past Due as of the end of the current period
58
$
2,956,819.78
0.31
%
Delinquencies as of the end of prior periods
Total 30+ Days Past Due as of the end of the prior period
0.88
%
Total 30+ Days Past Due as of the end of the 2nd preceding period
0.71
%
Total 30+ Days Past Due as of the end of the 3rd preceding period
0.67
%

Repossessions
Units
Dollar Amount
Beginning Period Repossessed Receivables Balance
23
1,329,947.00
Ending Period Repossessed Receivables Balance
30
1,510,024.66
Principal Balance of 90+ Day Repossessed Vehicles
5
335,317.14
Write-offs as of the end of the Current Period
Units
Dollar Amount
Gross Principal Write-offs
6
143,936.42
Recoveries
8
12,541.85
Net Write-Offs
131,394.57
Cumulative Net Write-offs
74
$
1,487,132.10
Ratio of Cumulative Net Write-offs to Avg Portfolio Balance *
0.15
%
Charge Off Rate **
0.08
%
Avg of Net Write-offs ***
$
20,096.38

Historical Loss Information
Write-offs as of the end of the Prior Period
Units
Dollar Amount
Gross Principal Write-offs
8
138,000.75
Recoveries
8
16,107.74
Net Write-Offs
121,893.01
Cumulative Net Write-offs
68
$
1,355,737.53
Ratio of Cumulative Net Write-offs to Avg Portfolio Balance *
0.13
%
Charge Off Rate **
0.07
%
Avg of Net Write-offs ***
$
19,937.32
Write-offs as of the end of the 2nd Preceding Period
Units
Dollar Amount
Gross Principal Write-offs
11
286,792.62
Recoveries
19
41,872.35
Net Write-Offs
244,920.27
Cumulative Net Write-offs
60
$
1,233,844.52
Ratio of Cumulative Net Write-offs to Avg Portfolio Balance *
0.11
%
Charge Off Rate **
0.06
%
Avg of Net Write-offs ***
$
20,564.08
Write-offs as of the end of the 3rd Preceding Period
Units
Dollar Amount
Gross Principal Write-offs
7
118,200.99
Recoveries
7
24,564.78
Net Write-Offs
93,636.21
Cumulative Net Write-offs
49
$
988,924.25
Ratio of Cumulative Net Write-offs to Avg Portfolio Balance *
0.09
%
Charge Off Rate **
0.05
%
Avg of Net Write-offs ***
$
20,182.13

*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.

BMW Vehicle Owner Trust 2024-A published this content on October 03, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on October 03, 2025 at 19:01 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]