BMW Lease Trust 2024-2 Files Annual 10-K Report
| Field | Detail |
|---|---|
| Company | Bmw Vehicle Lease Trust 2024-2 |
| Form Type | 10-K |
| Filed Date | Mar 26, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: asset-backed-securities, auto-leases, annual-report
Related Tickers: BMWYY
TL;DR
BMW Lease Trust 2024-2 filed its 10-K. Auto lease-backed securities.
AI Summary
BMW Vehicle Lease Trust 2024-2 filed its annual report on Form 10-K for the fiscal year ending December 31, 2024. The filing details the structure and operations of the trust, which is backed by auto leases. BMW Auto Leasing LLC is the depositor and registrant, with BMW Financial Services NA, LLC acting as the sponsor.
Why It Matters
This filing provides transparency into the financial structure and assets backing BMW's vehicle leases, which is crucial for investors and analysts assessing the company's financial health and risk exposure.
Risk Assessment
Risk Level: low — This is a standard annual filing for an asset-backed security trust, not indicating new or unusual risks.
Key Numbers
- 333-260903-06 — Commission file number (Issuing entity's SEC file number)
- 0002033494 — Central Index Key (Issuing entity's identifier)
Key Players & Entities
- BMW Vehicle Lease Trust 2024-2 (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
FAQ
What is the primary asset class for the BMW Vehicle Lease Trust 2024-2?
The primary asset class is Auto leases.
Who is the depositor and registrant for this filing?
BMW Auto Leasing LLC is the depositor and registrant.
What is the fiscal year end date reported in this 10-K?
The fiscal year end date is December 31, 2024.
What is the SEC file number for the issuing entity?
The SEC file number for the issuing entity is 333-260903-06.
Who is identified as the sponsor of the trust?
BMW Financial Services NA, LLC is identified as the sponsor.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 26, 2025 regarding BMW Vehicle Lease Trust 2024-2.