UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 10, 2025

BMW Vehicle Lease Trust 2025-1

(Exact name of issuing entity as specified in its charter)

Central Index Key number: 0002069400

BMW Auto Leasing LLC

(Exact name of depositor/registrant as specified in its charter)

Central Index Key number: 0001126530

BMW Financial Services NA, LLC

(Exact name of sponsor as specified in its charter)

Central Index Key number: 0001541188

Financial Services Vehicle Trust

(Exact name of co-registrant as specified in its charter)

Central Index Key number: 0001126525

Delaware		333-283340 333-283340-02		22-2013053
(State or other jurisdiction of incorporation)		(Commission File Number of registrant and issuing entity, respectively)		(Registrant’s IRS Employer Identification No.)

200 BMW Drive, Woodcliff Lake, New Jersey		07677
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (201) 307-4000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Not applicable	Not applicable	Not applicable

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

☐

Item 8.01.

Other Events

Morgan, Lewis & Bockius LLP has been retained by this Registrant as counsel for its Registration Statement on Form SF-3 (Commission File No. 333-283340) in connection with various transactions. Legal opinions by Morgan, Lewis & Bockius LLP and Richards, Layton & Finger, P.A. to be incorporated into the Registration Statement are attached hereto as Exhibit 5.1, Exhibit 5.2 and Exhibit 8.1.

Item 9.01.

Financial Statements and Exhibits

(a)

Not applicable.

(b)

Not applicable.

(c)

Not applicable.

(d)

Exhibits:

Exhibit No.

Description

5.1

Opinion of Morgan, Lewis & Bockius LLP as to legality (including consent of such firm).

5.2

Opinion of Richards, Layton & Finger, P.A. as to due authorization, enforceability and legality (including consent of such firm).

8.1

Opinion of Morgan, Lewis & Bockius LLP as to certain tax matters (including consent of such firm).

23.1

Consent of Morgan, Lewis & Bockius LLP (included in Exhibit 5.1 and Exhibit 8.1).

23.2

Consent of Richards, Layton & Finger, P.A. (included in Exhibit 5.2).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.

BMW VEHICLE LEASE TRUST 2025-1			FINANCIAL SERVICES VEHICLE TRUST

By:	BMW Financial Services NA, LLC,		By:	BMW Financial Services NA, LLC,
	as Administrator			as Servicer


	By:	/s/ Ole Jensen		By:	/s/ Ole Jensen
	Name:	Ole Jensen		Name:	Ole Jensen
	Title:	Chief Financial Officer & Vice President – Finance		Title:	Chief Financial Officer & Vice President – Finance


	By:	/s/ Helena von Gladiss		By:	/s/ Helena von Gladiss
	Name:	Helena von Gladiss		Name:	Helena von Gladiss
	Title:	Treasurer		Title:	Treasurer


BMW AUTO LEASING LLC

By:	BMW Financial Services NA, LLC,
	as Managing Member


	By:	/s/ Ole Jensen
	Name:	Ole Jensen
	Title:	Chief Financial Officer & Vice President – Finance


	By:	/s/ Helena von Gladiss
	Name:	Helena von Gladiss
	Title:	Treasurer

Dated: June 10, 2025

BMW AUTO LEASING LLC 8-K