10/03/2025 | Press release | Distributed by Public on 10/03/2025 13:00
BMW Vehicle Owner Trust 2022-A
|
||||||
Accrued Interest Date:
|
8/25/25
|
Collection Period Ending:
|
8/31/25
|
|||
Current Payment Date:
|
9/25/25
|
Period:
|
40
|
Balances
|
||||||||||||
Initial
|
Beginning of Period
|
End of Period
|
||||||||||
Pool Balance
|
$
|
1,652,928,130.30
|
$
|
160,576,279.23
|
$
|
143,879,223.67
|
||||||
Yield Supplement Overcollateralization Amount
|
$
|
114,466,501.62
|
$
|
3,731,273.96
|
$
|
3,201,713.62
|
||||||
Adjusted Pool Balance
|
$
|
1,538,461,628.68
|
$
|
156,845,005.27
|
$
|
140,677,510.05
|
||||||
Reserve Account
|
$
|
3,846,154.07
|
$
|
3,846,154.07
|
$
|
3,846,154.07
|
||||||
Overcollateralization
|
$
|
38,461,628.68
|
$
|
38,461,540.72
|
$
|
38,461,540.72
|
||||||
Notes
|
Ratio
|
|||||||||||||||
Class A-1 Notes
|
$
|
333,000,000.00
|
-
|
-
|
0.0
|
%
|
||||||||||
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
|
$
|
11,383,464.55
|
-
|
0.0
|
%
|
|||||||||
Class A-4 Notes
|
$
|
107,000,000.00
|
$
|
107,000,000.00
|
$
|
102,215,969.33
|
100.0
|
%
|
||||||||
$
|
1,500,000,000.00
|
$
|
118,383,464.55
|
$
|
102,215,969.33
|
100.0
|
%
|
|||||||||
Reconciliation of Collection Account
|
||||
Available Funds:
|
||||
Available Interest:
|
||||
Interest Collected on Receivables
|
$
|
410,665.77
|
||
Servicer Advances
|
23,215.75
|
|||
Servicer Advance Reimbursement
|
21,612.60
|
|||
Administrative Purchase Payment
|
0.00
|
|||
Warranty Purchase Payment
|
673.86
|
|||
Recoveries
|
5,138.37
|
|||
Investment Earnings from Reserve Account
|
13,855.32
|
|||
Investment Earnings from Collection Account
|
0.00
|
|||
Total Available Interest
|
$
|
431,936.47
|
||
Available Principal:
|
||||
Principal Collection on Receivables
|
||||
Receipts of Scheduled Principal
|
$
|
13,182,107.23
|
||
Receipts of Pre-Paid Principal
|
3,334,699.06
|
|||
Liquidation Proceeds
|
53,482.06
|
|||
Administrative Purchase Payment
|
0.00
|
|||
Warranty Purchase Payment
|
73,174.46
|
|||
Total Available Principal
|
$
|
16,643,462.81
|
||
Advances from the Reserve Account
|
$
|
0.00
|
||
Release from the Reserve Fund Account
|
$
|
0.00
|
||
Total Available Funds
|
$
|
17,075,399.28
|
||
Distributions:
|
||||
Servicing Fees
|
$
|
133,813.57
|
||
Non-recoverable Servicer Advance Reimbursement
|
2,286.72
|
|||
Noteholder's Accrued and Unpaid Interest
|
337,184.10
|
|||
First Priority Principal Distribution Amount to Noteholders
|
0.00
|
|||
Reserve Account Deposit to achieve the Specified Reserve Account Balance
|
0.00
|
|||
Regular Principal Distributable Amount to Noteholders
|
16,167,495.22
|
|||
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)
|
434,619.67
|
|||
Total Distributions
|
$
|
17,075,399.28
|
||
Monthly Period Receivables Principal Balance Calculation
|
||||
Beginning Receivable Principal Balance
|
$
|
160,576,279.23
|
||
Monthly Principal Received
|
||||
Regular Principal Received
|
$
|
13,182,107.23
|
||
Prepaid Principal Received
|
3,334,699.06
|
|||
Liquidation Proceeds
|
53,482.06
|
|||
Principal Balance Allocable to Gross Charge-offs
|
53,592.75
|
|||
Principal Portion of Repurchased Receivables
|
73,174.46
|
|||
Total Monthly Principal Amounts
|
$
|
16,697,055.56
|
||
Ending Receivable Principal Balance
|
$
|
143,879,223.67
|
||
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
|
1.35100
|
%
|
$
|
0.00
|
0.00
|
|||||||
Class A-2a Notes
|
2.52000
|
%
|
$
|
0.00
|
0.00
|
|||||||
Class A-2b Notes
|
0.00000
|
%
|
$
|
0.00
|
0.00
|
|||||||
Class A-3 Notes
|
3.21000
|
%
|
$
|
30,450.77
|
0.06
|
|||||||
Class A-4 Notes
|
3.44000
|
%
|
$
|
306,733.33
|
2.87
|
|||||||
$
|
337,184.10
|
|||||||||||
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
|
$
|
11,383,464.55
|
$
|
11,383,464.55
|
-
|
21.48
|
0.00
|
|||||||||||||
Class A-4 Notes
|
$
|
107,000,000.00
|
$
|
4,784,030.67
|
$
|
102,215,969.33
|
44.71
|
0.96
|
||||||||||||
118,383,464.55
|
16,167,495.22
|
102,215,969.33
|
||||||||||||||||||
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
|
3,731,273.96
|
|||
Beginning Period Amount
|
3,731,273.96
|
|||
Current Distribution Date Required Amount
|
3,201,713.62
|
|||
Current Period Release
|
529,560.34
|
|||
Ending Period Amount
|
3,201,713.62
|
Reserve Account
|
||||
Beginning Period Required Amount
|
$
|
3,846,154.07
|
||
Beginning Period Amount
|
3,846,154.07
|
|||
Net Investment Earnings
|
13,855.32
|
|||
Current Period Deposit Amount Due
|
0.00
|
|||
Reserve Fund Draw Amount
|
0.00
|
|||
Ending Period Required Amount
|
3,846,154.07
|
|||
Release to Depositor
|
13,855.32
|
|||
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
|
17,325
|
16,186
|
||||||
Weighted Average Remaining Term
|
16.82
|
16.18
|
||||||
Weighted Average Annual Percentage Rate
|
3.06
|
%
|
3.08
|
%
|
Delinquencies as of the end of the Current Period
|
||||||||||||
Units |
Dollar Amount |
% of Ending Rec Prin Bal |
||||||||||
30-59 Days
|
134
|
$
|
2,145,123.90
|
1.49
|
%
|
|||||||
60-89 Days
|
35
|
575,046.26
|
0.40
|
%
|
||||||||
90-119 Days
|
8
|
178,232.50
|
0.12
|
%
|
||||||||
120+ Days
|
10
|
136,836.94
|
0.10
|
%
|
||||||||
Total 30+ Days Past Due as of the end of the current period
|
187
|
$
|
3,035,239.60
|
2.11
|
%
|
|||||||
Total 60+ Days Past Due as of the end of the current period
|
53
|
$
|
890,115.70
|
0.62
|
%
|
Delinquencies as of the end of prior periods
|
||||
Total 30+ Days Past Due as of the end of the prior period
|
2.07
|
%
|
||
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
|
1.88
|
%
|
Repossessions
|
Units
|
Dollar Amount
|
||||||
Beginning Period Repossessed Receivables Balance
|
12
|
249,103.64
|
||||||
Ending Period Repossessed Receivables Balance
|
14
|
332,704.73
|
||||||
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
|
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
|
Historical Loss Information
|
||||||||
Write-offs as of the end of the Prior 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 2nd 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
|
||||||
Write-offs as of the end of the 3rd Preceding Period
|
Units
|
Dollar Amount
|
||||||
Gross Principal Write-offs
|
4
|
23,210.09
|
||||||
Recoveries
|
5
|
5,420.27
|
||||||
Net Write-Offs
|
17,789.82
|
|||||||
Cumulative Net Write-offs
|
119
|
$
|
1,481,487.68
|
|||||
Ratio of Cumulative Net Write-offs to Avg Portfolio Balance *
|
0.72
|
%
|
||||||
Charge Off Rate **
|
0.09
|
%
|
||||||
Avg of Net Write-offs ***
|
$
|
12,449.48
|
*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.
|