BMW Lease Trust 2023-1 Files 2024 Annual Report
| Field | Detail |
|---|---|
| Company | Bmw Vehicle Lease Trust 2023-1 |
| Form Type | 10-K |
| Filed Date | Mar 26, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, securitization, auto-leases, financial-services
Related Tickers: BMWYY, BMW.DE
TL;DR
BMW Lease Trust 2023-1 filed its 10-K for 2024. All good.
AI Summary
BMW Vehicle Lease Trust 2023-1 filed its annual 10-K report for the fiscal year ending December 31, 2024. The filing details its status as an asset-backed securities entity, with BMW Auto Leasing LLC acting as the depositor and BMW Financial Services NA, LLC as the sponsor. The trust is incorporated in Delaware and its primary business address is in Woodcliff Lake, NJ.
Why It Matters
This filing provides transparency into the financial structure and operations of BMW's vehicle leasing securitization trust, impacting investors and stakeholders in BMW's financing arm.
Risk Assessment
Risk Level: low — This is a standard annual filing for an established securitization trust and does not indicate any unusual risks.
Key Numbers
- 333-260903-03 — Commission File Number (Identifies the specific SEC filing for the issuing entity.)
- 0001957889 — Central Index Key (Unique identifier for the issuing entity in the SEC EDGAR system.)
Key Players & Entities
- BMW Vehicle Lease Trust 2023-1 (company) — Issuing Entity
- BMW Auto Leasing LLC (company) — Depositor and Registrant
- BMW Financial Services NA, LLC (company) — Sponsor
- December 31, 2024 (date) — Fiscal Year End
- Woodcliff Lake, NJ (location) — Business Address
FAQ
What is the primary business of BMW Vehicle Lease Trust 2023-1?
The primary business is related to Auto leases, as indicated by the 'ABS ASSET CLASS: Auto leases' field.
Who is the sponsor of the BMW Vehicle Lease Trust 2023-1?
The sponsor is BMW Financial Services NA, LLC, as stated in the filing.
In which state was the issuing entity incorporated?
The issuing entity, BMW Vehicle Lease Trust 2023-1, was incorporated in Delaware.
What is the fiscal year end for this report?
The fiscal year end for this report is December 31, 2024.
What is the business phone number listed for the registrant?
The business phone number listed is 2013074000.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 26, 2025 regarding BMW Vehicle Lease Trust 2023-1.