# EDGAR Filing Document

**Accession Number:** 0001126530
**File Stem:** 0000929638-23-000295
**Filing Date:** 2023-2
**Character Count:** 3517
**Document Hash:** 8feee607299f692fe7578fd95a348966
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000929638-23-000295.hdr.sgml**: 20230207

**ACCESSION NUMBER**: 0000929638-23-000295

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230207

**DATE AS OF CHANGE**: 20230207

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BMW Vehicle Lease Trust 2023-1
- **CENTRAL INDEX KEY:** 0001957889
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-260903-03
- **FILM NUMBER:** 23594796

**BUSINESS ADDRESS:**
- **STREET 1:** 300 CHESTNUT RIDGE RD
- **CITY:** WOODCLIFF LAKE
- **STATE:** NJ
- **ZIP:** 07675
- **BUSINESS PHONE:** 2013074000

**MAIL ADDRESS:**
- **STREET 1:** 300 CHESTNUT RIDGE RD
- **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]
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** 300 CHESTNUT RIDGE RD
- **CITY:** WOODCLIFF LAKE
- **STATE:** NJ
- **ZIP:** 07675
- **BUSINESS PHONE:** 2013074000

**MAIL ADDRESS:**
- **STREET 1:** 300 CHESTNUT RIDGE RD
- **CITY:** WOODCLIFF LAKE
- **STATE:** NJ
- **ZIP:** 07675

Free Writing Prospectus

Filed Pursuant to Rule 433

Dated February 7, 2023

Registration Statement Nos. 333-260903 and 333-260903-03

$1bln BMW Vehicle Lease Trust (BMWLT) 2023-1

Jt-Leads: BofA (struc), Barc, Miz Co-Mgrs: TD, USB

ANTICIPATED CAPITAL STRUCTURE

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| CLS | SZ($mm) | WAL | M/S | PWIN | E.Final | L.Final | BENCH | SPRD | YLD | CPN | $PRICE |
| A-1 | 155.000 | 0.27 | P-1/A-1+ | 1-6 | 8/23 | 2/26/24 | I-CRV | +16 | 4.831 |  | 100.00000 |
| A-2 | 370.500 | 0.96 | Aaa/AAA | 6-16 | 6/24 | 2/25/25 | I-CRV | +49 | 5.335 | 5.27 | 99.99336 |
| A-3 | 370.500 | 1.75 | Aaa/AAA | 16-25 | 3/25 | 11/25/25 | I-CRV | +68 | 5.217 | 5.16 | 99.99762 |
| A-4 | 104.000 | 2.25 | Aaa/AAA | 25-28 | 6/25 | 6/25/26 | I-CRV | +78 | 5.131 | 5.07 | 99.98474 |

---

PRICED: 2/7/23

---

| | | |
|:---|:---|:---|
| BILL & DELIVER: BofA | DEAL SIZE: $1bln |  |
| EXPECTED RATINGS: Moody's/S&P | BBG TICKER: BMWLT 2023-1<br>| SSAP: BMWT23 |
| EXPECTED SETTLE: 2/15/23 | FORMAT: SEC Registered |  |
| FIRST PAY DATE: 3/27/23 | PXG SPEED: 100% PPC to Maturity | PXG SPEED: 100% PPC to Maturity |
| ERISA ELIGIBLE: Yes | MIN DENOMS: $1k x $1K |  |

---

INTEXNET: basbmwlt2023_1_v1 AB93

CUSIP: A-1 05593A AA7

A-2 05593A AB5

A-3 05593A AC3

A-4 05593A AD1

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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 toll-free 1-800-294-1322 or you may e-mail a request to prospectus_request@bofa.com.