03/06/2026 | Press release | Distributed by Public on 03/06/2026 13:52
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BMW Vehicle Owner Trust 2024-A
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|||||
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Accrued Interest Date: 01/26/2026
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Collection Period Ending:
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1/31/2026
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|||
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Current Payment Date: 02/25/2026
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Period:
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20
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|||
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Balances
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||||||||||||||||
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Initial
|
Beginning of Period
|
End of Period
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||||||||||||||
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Pool Balance
|
$
|
1,909,993,688.45
|
$
|
766,400,101.01
|
$
|
723,840,182.08
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||||||||||
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Yield Supplement Overcollateralization Amount
|
$
|
115,121,892.40
|
$
|
30,254,175.74
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$
|
27,853,222.80
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||||||||||
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Adjusted Pool Balance
|
$
|
1,794,871,796.05
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$
|
736,145,925.27
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$
|
695,986,959.28
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||||||||||
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Reserve Account
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$
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4,487,179.49
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$
|
4,487,179.49
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$
|
4,487,179.49
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||||||||||
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Overcollateralization
|
$
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44,871,796.05
|
$
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44,871,794.90
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$
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44,871,794.90
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||||||||||
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Notes
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Ratio
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|||||||||||||||
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Class A-1 Notes
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$
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363,000,000.00
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$
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-
|
$
|
-
|
0.0
|
%
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||||||||
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Class A-2a Notes
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320,500,000.00
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-
|
-
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0.0
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%
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|||||||||||
|
Class A-2b Notes
|
320,500,000.00
|
-
|
-
|
0.0
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%
|
|||||||||||
|
Class A-3 Notes
|
641,000,000.00
|
586,274,130.37
|
546,115,164.38
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83.9
|
%
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|||||||||||
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Class A-4 Notes
|
105,000,000.00
|
105,000,000.00
|
105,000,000.00
|
16.1
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%
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|||||||||||
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$
|
1,750,000,000.00
|
$
|
691,274,130.37
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$
|
651,115,164.38
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100.0
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%
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|||||||||
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Reconciliation of Collection Account
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||||
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Available Funds:
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||||
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Available Interest:
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||||
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Interest Collected on Receivables
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$
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3,618,401.49
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||
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Servicer Advances
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131,084.11
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|||
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Servicer Advance Reimbursement
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142,697.80
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|||
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Administrative Purchase Payment
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0.00
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|||
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Warranty Purchase Payment
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1,739.22
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|||
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Recoveries
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65,629.08
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|||
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Investment Earnings from Reserve Account
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13,312.58
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|||
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Investment Earnings from Collection Account
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0.00
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|||
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Total Available Interest
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$
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3,687,468.68
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||
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Available Principal:
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||||
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Principal Collection on Receivables
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||||
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Receipts of Scheduled Principal
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$
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27,355,443.68
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||
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Receipts of Pre-Paid Principal
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14,557,333.14
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|||
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Liquidation Proceeds
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299,198.60
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|||
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Administrative Purchase Payment
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0.00
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|||
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Warranty Purchase Payment
|
175,952.62
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|||
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Total Available Principal
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$
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42,387,928.04
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||
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Advances from the Reserve Account
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$
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0.00
|
||
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Release from the Reserve Fund Account
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$
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0.00
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||
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Total Available Funds
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$
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46,075,396.72
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||
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Distributions:
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||||
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Servicing Fees
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$
|
638,666.75
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||
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Non-recoverable Servicer Advance Reimbursement
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13,985.75
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|||
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Noteholder's Accrued and Unpaid Interest
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2,971,750.00
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|||
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First Priority Principal Distribution Amount to Noteholders
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0.00
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|||
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Reserve Account Deposit to achieve the Specified Reserve Account Balance
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0.00
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|||
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Regular Principal Distributable Amount to Noteholders
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40,158,965.99
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|||
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Amounts paid to Indenture Trustee, Owner Trustee and Asset Representations Reviewer (subject to annual cap)
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0.00
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|||
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Amounts paid to Indenture Trustee, Owner Trustee and Asset Representations Reviewer (not subject to annual cap)
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0.00
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|||
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Certificate Distribution Account (any remaining payments)
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2,292,028.23
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|||
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Total Distributions
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$
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46,075,396.72
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||
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Monthly Period Receivables Principal Balance Calculation
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||||
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Beginning Receivable Principal Balance
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$
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766,400,101.01
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||
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Monthly Principal Received
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||||
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Regular Principal Received
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$
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27,355,443.68
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||
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Prepaid Principal Received
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14,557,333.14
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|||
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Liquidation Proceeds
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299,198.60
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|||
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Principal Balance Allocable to Gross Charge-offs
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171,990.89
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|||
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Principal Portion of Repurchased Receivables
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175,952.62
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|||
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Total Monthly Principal Amounts
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$
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42,559,918.93
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||
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Ending Receivable Principal Balance
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$
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723,840,182.08
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||
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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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$
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-
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||
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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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$
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-
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||
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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
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$
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-
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||
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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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$
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-
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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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$
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-
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||
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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
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$
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-
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||
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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 $1,000
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|||||||||||||||||
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Class A-1 Notes
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5.51200
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%
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$
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0.00
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0.00
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|||||||||||||||
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Class A-2a Notes
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5.42000
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%
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$
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0.00
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0.00
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|||||||||||||||
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Class A-2b Notes
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4.03728
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%
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$
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0.00
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0.00
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|||||||||||||||
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Class A-3 Notes
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5.18000
|
%
|
$
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2,530,750.00
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3.95
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|||||||||||||||
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Class A-4 Notes
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5.04000
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%
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$
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441,000.00
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4.20
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|||||||||||||||
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$
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2,971,750.00
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|||||||||||||||||||
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Monthly Principal Distributable Amount
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Beginning Balance
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Current Payment
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Ending Balance
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Per $1,000
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Note Factor
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|||||||||||||||
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Class A-1 Notes
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$
|
-
|
$
|
-
|
$
|
-
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0.00
|
0.00
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||||||||||||
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Class A-2a Notes
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-
|
-
|
-
|
0.00
|
0.00
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|||||||||||||||
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Class A-2b Notes
|
-
|
-
|
-
|
0.00
|
0.00
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|||||||||||||||
|
Class A-3 Notes
|
586,274,130.37
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40,158,965.99
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546,115,164.38
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62.65
|
0.85
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|||||||||||||||
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Class A-4 Notes
|
105,000,000.00
|
-
|
105,000,000.00
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0.00
|
1.00
|
|||||||||||||||
|
691,274,130.37
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40,158,965.99
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651,115,164.38
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||||||||||||||||||
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Carryover Shortfalls
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||||||||||||
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Prior Period Carryover
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Current Payment
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Per $1,000
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||||||||||
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Class A-1 Interest Carryover Shortfall
|
-
|
-
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-
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|||||||||
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Class A-2a Interest Carryover Shortfall
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-
|
-
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-
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|||||||||
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Class A-2b Interest Carryover Shortfall
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-
|
-
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-
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|||||||||
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Class A-3 Interest Carryover Shortfall
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-
|
-
|
-
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|||||||||
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Class A-4 Interest Carryover Shortfall
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-
|
-
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-
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|||||||||
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Yield Supplement Overcollateralization Amount
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||||
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Previous Distribution Date Required Amount
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$
|
30,254,175.74
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||
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Beginning Period Amount
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30,254,175.74
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|||
|
Current Distribution Date Required Amount
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27,853,222.80
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|||
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Current Period Release
|
2,400,952.94
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|||
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Ending Period Amount
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$
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27,853,222.80
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||
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Reserve Account
|
||||
|
Beginning Period Required Amount
|
$
|
4,487,179.49
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||
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Beginning Period Amount
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4,487,179.49
|
|||
|
Net Investment Earnings
|
13,312.58
|
|||
|
Current Period Deposit Amount Due
|
0.00
|
|||
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Reserve Fund Draw Amount
|
0.00
|
|||
|
Ending Period Required Amount
|
4,487,179.49
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|||
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Release to Depositor
|
13,312.58
|
|||
|
Ending Period Amount
|
$
|
4,487,179.49
|
||
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Overcollateralization
|
||||
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Beginning Period Overcollateralization Amount
|
$
|
44,871,794.90
|
||
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Target Overcollateralization Amount
|
$
|
44,871,794.90
|
||
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Ending Period Over Collateralization Amount
|
$
|
44,871,794.90
|
||
|
Current Period Release
|
$
|
0.00
|
||
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Receivables Data
|
||||||||||||
|
Beginning Period
|
Ending Period
|
|||||||||||
|
Number of Receivables
|
29,851
|
28,830
|
||||||||||
|
Weighted Average Remaining Term
|
35.17
|
34.37
|
||||||||||
|
Weighted Average Annual Percentage Rate
|
5.60
|
%
|
5.61
|
%
|
||||||||
|
Delinquencies as of the end of the Current Period
|
Units
|
Dollar Amount
|
% of Ending Rec Prin Bal
|
|||||||||
|
30-59 Days
|
153
|
$
|
5,984,804.78
|
0.83
|
%
|
|||||||
|
60-89 Days
|
50
|
1,839,856.83
|
0.25
|
%
|
||||||||
|
90-119 Days
|
13
|
467,722.88
|
0.06
|
%
|
||||||||
|
120+ Days
|
10
|
381,990.23
|
0.05
|
%
|
||||||||
|
Total 30+ Days Past Due as of the end of the current period
|
226
|
$
|
8,674,374.72
|
1.20
|
%
|
|||||||
|
Total 60+ Days Past Due as of the end of the current period
|
73
|
$
|
2,689,569.94
|
0.37
|
%
|
|||||||
|
Delinquencies as of the end of prior periods
|
||||||||||||
|
Total 30+ Days Past Due as of the end of the prior period
|
1.12
|
%
|
||||||||||
|
Total 30+ Days Past Due as of the end of the 2nd preceding period
|
1.10
|
%
|
||||||||||
|
Total 30+ Days Past Due as of the end of the 3rd preceding period
|
1.03
|
%
|
||||||||||
|
Repossessions
|
Units
|
Dollar Amount
|
||||||||||
|
Beginning Period Repossessed Receivables Balance
|
26
|
1,205,385.00
|
||||||||||
|
Ending Period Repossessed Receivables Balance
|
25
|
1,063,720.24
|
||||||||||
|
Principal Balance of 90+ Day Repossessed Vehicles
|
5
|
275,005.72
|
||||||||||
|
Write-offs as of the end of the Current Period
|
Units
|
Dollar Amount
|
||||||||||
|
Gross Principal Write-offs
|
9
|
171,990.89
|
||||||||||
|
Recoveries
|
11
|
65,629.08
|
||||||||||
|
Net Write-Offs
|
106,361.81
|
|||||||||||
|
Cumulative Net Write-offs
|
113
|
$
|
2,148,347.21
|
|||||||||
|
Ratio of Cumulative Net Write-offs to Avg Portfolio Balance *
|
0.29
|
%
|
||||||||||
|
Charge Off Rate **
|
0.11
|
%
|
||||||||||
|
Avg of Net Write-offs ***
|
$
|
19,011.92
|
||||||||||
|
Historical Loss Information
|
||||||||
|
Write-offs as of the end of the Prior 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
|
||||||
|
Write-offs as of the end of the 2nd Preceding 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 3rd 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
|
||||||
|
*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.
|