Free Writing Prospectus (Form FWP)

Free Writing Prospectus

Filed Pursuant to Rule 433

Dated June 3, 2025

Registration Statement Nos. 333-283340 and 333-283340-02

**Pricing Details** $1.35BN BMW Vehicle Lease Trust (BMWLT) 2025-1

Lead Managers: MUFG (str), BofA, Credit Agricole

Co-Managers: CIBC, Societe Generale

- ANTICIPATED CAPITAL STRUCTURE -

- TRANSACTION DETAILS -

BBG Ticker: BMWLT 2025-1

Offered Size: $1.35BN

Format: Public / SEC Registered

Expected Ratings: S&P / Fitch

ERISA: Yes

Risk Retention: US RR = Yes, EU RR = No

Min Denoms: $1k x $1k

Pricing Speed: 100% PPC to maturity

Expected Pricing: Priced

Expected Settle: 6/10/25

First Pay Date: 7/25/25

B&D: MUFG

- AVAILABLE MATERIALS -

Preliminary Prospectus, FWP and Intex CDI (attached)

Intex Dealname: mitbmwlt_2025-1_upsize

Intex Passocde: K6BK

SSAP: BMWLT251

CUSIPS:

A1: 096912AA8

A2A: 096912AB6

A2B: 096912AC4

A3: 096912AD2

A4: 096912AE0

THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION (SEC) FOR THIS OFFERING. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS FOR THIS OFFERING IN THAT REGISTRATION STATEMENT, AND OTHER DOCUMENTS THE ISSUER HAS FILED WITH THE SEC FOR MORE COMPLETE INFORMATION ABOUT THE ISSUER AND THIS OFFERING. YOU MAY GET THESE DOCUMENTS FOR FREE BY SEARCHING THE SEC ONLINE DATABASE (EDGAR®) AT WWW.SEC.GOV. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-877-649-6848.