# EDGAR Filing Document

**Accession Number:** 0002119372
**File Stem:** 0000929638-26-001507
**Filing Date:** 2026-4
**Character Count:** 3900
**Document Hash:** 0e6e812ebafaf5450fd2187e38bf0102
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000929638-26-001507.hdr.sgml**: 20260414

**ACCESSION NUMBER**: 0000929638-26-001507

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260414

**DATE AS OF CHANGE**: 20260414

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BMW Vehicle Lease Trust 2026-1
- **CENTRAL INDEX KEY:** 0002119372
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-283340-04
- **FILM NUMBER:** 26861523

**BUSINESS ADDRESS:**
- **STREET 1:** 200 BMW DRIVE
- **CITY:** WOODCLIFF LAKE
- **STATE:** NJ
- **ZIP:** 07675
- **BUSINESS PHONE:** 2013074000

**MAIL ADDRESS:**
- **STREET 1:** 200 BMW DRIVE
- **CITY:** WOODCLIFF LAKE
- **STATE:** NJ
- **ZIP:** 07675
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BMW AUTO LEASING LLC
- **CENTRAL INDEX KEY:** 0001126530
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP

**BUSINESS ADDRESS:**
- **STREET 1:** 200 BMW DRIVE
- **CITY:** WOODCLIFF LAKE
- **STATE:** NJ
- **ZIP:** 07675
- **BUSINESS PHONE:** 2013074000

**MAIL ADDRESS:**
- **STREET 1:** 200 BMW DRIVE
- **CITY:** WOODCLIFF LAKE
- **STATE:** NJ
- **ZIP:** 07675

Free Writing Prospectus

Filed Pursuant to Rule 433

Dated April 14, 2026

Registration Statement Nos. 333-283340 and 333-283340-04

\*\*\*PRICING DETAILS\*\*\* $1.5bn BMWLT (BMW) 2026-1 (Prime Auto Lease)

Joint Bookrunners: J.P. Morgan (struc), MUFG, RBC

Co-Managers: ING, Mizuho

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| CL | AMT($MM) | WAL | MDY/F | P.WIN | E.FIN | L.FIN | BENCH | SPREAD | YLD% | CPN% | $PX |
| A-1 | 249.600 | 0.26 | P-1/F1+ | 01-06 | 10/26 | 04/27 | I-Curve | +14 | 3.830 | 3.830 | 100.00000 |
| A-2-A | 490.200 | 1.04 | Aaa/AAA | 06-18 | 10/27 | 07/28 | I-Curve | +37 | 4.072 | 4.03 | 99.99190 |
| A-2-B | 90.000 | 1.04 | Aaa/AAA | 06-18 | 10/27 | 07/28 | SOFR30A | +37 |  |  | 100.00000 |
| A-3 | 580.200 | 1.96 | Aaa/AAA | 18-29 | 09/28 | 05/29 | I-Curve | +43 | 4.192 | 4.15 | 99.98895 |
| A-4 | 90.000 | 2.47 | Aaa/AAA | 29-30 | 10/28 | 11/29 | I-Curve | +45 | 4.219 | 4.18 | 99.99434 |

---

---

| | |
|:---|:---|
| Expected Settle: 04/22/2026 | Registration: SEC-Registered |
| First Pay Date: 05/26/2026 | ERISA Eligible: Yes |
| Expected Ratings: Moody's, Fitch | PX Speed: 100% PPC to Maturity |
| Ticker: BMWLT 2026-1 | Min Denoms: $1k x $1k |
| Bill & Deliver: J.P. Morgan |  |
| Expected Pxg: PRICED <br>|  |

---

---

| | | | |
|:---|:---|:---|:---|
| | | | Available Information:  |
| CUSIPs: <br>| A1 | 05594YAA4 | \* Preliminary Prospectus: Attached |
| A2A | A2A | 05594YAB2 | \* Preliminary FWP: Attached |
| A2B | A2B | 05594YAC0 | \* IntexNet/CDI: Separate Message |
| A3 | A3 | 05594YAD8 |  |
| A4 | A4 | 05594YAE6 |  |

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The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus 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 visiting EDGAR on the SEC Web site 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 800-408-1016 or by emailing the ABS Syndicate Desk at abs_synd@jpmorgan.com.