EXHIBIT 99.1

John Deere Owner Trust 2008

Statement to Noteholders

$197,800,000 Class A-1 2.74080% Asset Backed Notes due May 8, 2009
$194,800,000 Class A-2 3.63% Asset Backed Notes due March 15, 2011
$151,270,000 Class A-3 4.18% Asset Backed Notes due July 15, 2012
$100,000,000 Class A-4 4.89% Asset Backed Notes due March 16, 2015
$9,808,817 Asset Backed Certificates

Payment Date:			15-Sep-08

(1) Before giving effect to distributions on this Payment Date:

	(a) (i) Outstanding Principal Amount of Class A-1 Notes:		$83,756,101.53
	(ii) A-1 Note Pool Factor:		0.4234383

	(b) (i) Outstanding Principal Amount of Class A-2 Notes:		$194,800,000.00
	(ii) A-2 Note Pool Factor:		1.0000000

	(c) (i) Outstanding Principal Amount of Class A-3 Notes:		$151,270,000.00
	(ii) A-3 Note Pool Factor:		1.0000000

	(d) (i) Outstanding Principal Amount of Class A-4 Notes:		$100,000,000.00
	(ii) A-4 Note Pool Factor:		1.0000000

	(e) (i) Certificate Balance:		$9,808,817.00
	(ii) Certificate Pool Factor:		1.0000000

(2) Amount of principal being paid on the Notes:

	(a) Class A-1 Notes:		$20,199,644.67
	per $1,000 original principal amount:		$102.12

	(b) Class A-2 Notes:		$0.00
	per $1,000 original principal amount:		$0.00

	(c) Class A-3 Notes:		$0.00
	per $1,000 original principal amount:		$0.00

	(d) Class A-4 Notes:		$0.00
	per $1,000 original principal amount:		$0.00

	(e) Total:		$20,199,644.67

(3) (a) Amount of interest being paid on Notes:

		(i) Class A-1 Notes:	$197,675.57
		per $1,000 original principal amount:	$1.00

		(ii) Class A-2 Notes:	$589,270.00
		per $1,000 original principal amount:	$3.03

		(iii) Class A-3 Notes:	$526,923.83
		per $1,000 original principal amount:	$3.48

		(iv) Class A-4 Notes:	$407,500.00
		per $1,000 original principal amount:	$4.08

		(v) Total:	$1,721,369.40

(4) (a) Pool Balance (excluding accrued interest):
		(i) at beginning of related Collection Period:	$535,035,291.26
		(ii) at end of related Collection Period:	$514,284,978.98

(b) Note Value:
		(i) at beginning of related Collection Period:	$539,634,919.29
		(ii) at end of related Collection Period:	$519,435,274.62

(c) Pool Face Amount:
		(i) at beginning of related Collection Period:	$613,545,501.83
		(ii) at end of related Collection Period:	$588,451,219.64

(5) After giving effect to distributions on this Payment Date:

	(a) (i) Outstanding Principal Amount of Class A-1 Notes:		$63,556,456.86
	(ii) A-1 Note Pool Factor:		0.3213168

	(b) (i) Outstanding Principal Amount of Class A-2 Notes:		$194,800,000.00
	(ii) A-2 Note Pool Factor:		1.0000000

	(c) (i) Outstanding Principal Amount of Class A-3 Notes:		$151,270,000.00
	(ii) A-3 Note Pool Factor:		1.0000000

	(d) (i) Outstanding Principal Amount of Class A-4 Notes:		$100,000,000.00
	(ii) A-4 Note Pool Factor:		1.0000000

	(e) (i) Certificate Balance:		$9,808,817.00
	(ii) Certificate Pool Factor:		1.0000000

(6) Amount of Servicing Fee:			$445,862.74
	per $1,000 original principal amount:		$0.68
(a) Amount of Servicing Fee earned:			$445,862.74
(b) Amount of Servicing Fee paid:			$445,862.74
(c) Amount of Servicing Fee Shortfall:			$0.00

(7) Amount of Administration Fee:			$100.00

(8) Aggregate Purchase Amounts for Collection Period:			$0.00

(9) (i) Amount in Reserve Account:			$9,805,183.00
(ii) Specified Reserve Account Balance:			$9,805,183.00

(10) (i) Scheduled Payments of Receivables 60 days or more past due:			$498,128.00
(ii) Scheduled Payments of Receivables 60 days or more past due as a percent of the Pool Balance:			0.10%

(11) (i) Face Amount of Receivables 60 days or more past due:		$5,579,365.00
(ii) Face Amount of Receivables 60 days or more past due as a % of the Pool Face Amount:		0.95%
(iii) Face Amount of Receivables 60 days or more past due as a % of the Pool Balance:		1.08%
(iv) Rolling three month 60 days or more past due as a % of Pool Balance (Average Delinquency Ratio):		1.01%

(12) (i) Aggregate amount of net losses for the collection period:		$203,231.33
(ii) cumulative amount of net losses:		$273,422.11
(iii) Cumulative net loss as a percent of Initial Pool Balance (Cumulative Net Loss Ratio):		0.04%

(13) If the payment Date is in April 2010 or October 2010:
(i) Average Delinquency Ratio Test is met:		NA
(ii) Cumulative Net Loss Ratio Test is met:		NA
(iii) Specified Reserve Reduction Trigger is met:		NA
(iv) Reserve Account reduction as a result of Specified Reserve Reduction Trigger:		NA

John Deere Owner Trust 2008 10-D