Exhibit 99.1

Nissan Auto Receivables 2008-B Owner Trust

Monthly Servicer's Certificate

for the month of December 2008

Collection Period	Dec-08			30/360 Days	30
Distribution Date	15-Jan-09			Actual/360 Days	31

	Coupon Rate			Initial Balance		Beginning Balance		Ending Balance		Pool Factor
Total Portfolio					1,250,478,522.92		1,056,240,657.09		1,025,393,569.74		0.820001
Total Securities					1,250,478,522.92		1,056,240,657.09		1,025,393,569.74		0.820001
Class A-1 Notes		2.78580	%		275,000,000.00		80,762,134.17		49,915,046.82		0.181509
Class A-2 Notes		3.80000	%		288,000,000.00		288,000,000.00		288,000,000.00		1.000000
Class A-3 Notes		4.46000	%		381,000,000.00		381,000,000.00		381,000,000.00		1.000000
Class A-4 Notes		5.05000	%		250,210,000.00		250,210,000.00		250,210,000.00		1.000000
Certificates		0.00000	%		56,268,522.92		56,268,522.92		56,268,522.92		1.000000

	Principal Payment			Interest Payment		Principal per $1000 Face Amount		Interest per $1000 Face Amount
Class A-1 Notes		30,847,087.35			193,738.94		112.1712267		0.7045052
Class A-2 Notes		0.00			912,000.00		-		3.1666667
Class A-3 Notes		0.00			1,416,050.00		-		3.7166667
Class A-4 Notes		0.00			1,052,967.08		-		4.2083333
Certificates		0.00			0.00		-		-
Total Securities		30,847,087.35			3,574,756.02

I. COLLECTIONS

Interest:
Interest Collections				4,279,866.04
Repurchased Loan Proceeds Related to Interest				0.00
Total Interest Collections				4,279,866.04

Principal:
Principal Collections				29,679,258.37
Repurchased Loan Proceeds Related to Principal				0.00
Total Principal Collections				29,679,258.37

Recoveries of Defaulted Receivables				384,457.63
Investment Earnings on Yield Supplement Account				37,055.60
Release from the Yield Supplement Account				1,563,892.63
Servicer Advances				38,927.10

Total Collections				35,983,457.37

II. COLLATERAL POOL BALANCE DATA
	Number		Amount
Pool Balance - Beginning of Period		59,540		1,056,240,657.09
Total Principal Collections				29,679,258.37
Principal Amount of Gross Losses				1,167,828.98
		59,013		1,025,393,569.74

III. DISTRIBUTIONS

Total Collections				35,983,457.37
Reserve Account Draw				0.00
Total Available for Distribution				35,983,457.37

Page 5 of 8

Exhibit 99.1

Nissan Auto Receivables 2008-B Owner Trust

Monthly Servicer's Certificate

for the month of December 2008

1. Reimbursement of Advance							205,555.74

2. Servicing Fee:
Servicing Fee Due							880,200.55
Servicing Fee Paid							880,200.55
Servicing Fee Shortfall							0.00

3. Interest:
Class A-1 Notes Monthly Interest
Class A-1 Notes Interest Carryover Shortfall							0.00
Class A-1 Notes Interest on Interest Carryover Shortfall							0.00
Class A-1 Notes Monthly Interest Distributable Amount							193,738.94

Class A-1 Notes Monthly Interest Paid							193,738.94
Change in Class A-1 Notes Interest Carryover Shortfall							0.00

Class A-2 Notes Monthly Interest
Class A-2 Notes Interest Carryover Shortfall							0.00
Class A-2 Notes Interest on Interest Carryover Shortfall							0.00
Class A-2 Notes Monthly Interest Distributable Amount							912,000.00

Class A-2 Notes Monthly Interest Paid							912,000.00
Change in Class A-2 Notes Interest Carryover Shortfall							0.00

Class A-3 Notes Monthly Interest
Class A-3 Notes Interest Carryover Shortfall							0.00
Class A-3 Notes Interest on Interest Carryover Shortfall							0.00
Class A-3 Notes Monthly Interest Distributable Amount							1,416,050.00

Class A-3 Notes Monthly Interest Paid							1,416,050.00
Change in Class A-3 Notes Interest Carryover Shortfall							0.00

Class A-4 Notes Monthly Interest
Class A-4 Notes Interest Carryover Shortfall							0.00
Class A-4 Notes Interest on Interest Carryover Shortfall							0.00
Class A-4 Notes Monthly Interest Distributable Amount							1,052,967.08

Class A-4 Notes Monthly Interest Paid							1,052,967.08
Change in Class A-4 Notes Interest Carryover Shortfall							0.00

Total Note Monthly Interest
Total Note Monthly Interest Due							3,574,756.02
Total Note Monthly Interest Paid							3,574,756.02
Total Note Interest Carryover Shortfall							0.00
Change in Total Note Interest Carryover Shortfall							0.00

Total Available for Principal Distribution							31,322,945.06

4. Total Monthly Principal Paid on the Notes							30,847,087.35

Total Noteholders' Principal Carryover Shortfall							0.00
Total Noteholders' Principal Distributable Amount							30,847,087.35
Change in Total Noteholders' Principal Carryover Shortfall							0.00

Page 6 of 8

Exhibit 99.1

Nissan Auto Receivables 2008-B Owner Trust

Monthly Servicer's Certificate

for the month of December 2008

5. Total Monthly Principal Paid on the Certificates					0.00

Total Certificateholders' Principal Carryover Shortfall					0.00
Total Certificateholders' Principal Distributable Amount					0.00
Change in Total Certificateholders' Principal Carryover Shortfall					0.00

Remaining Available Collections					475,857.71
Deposit from Remaining Available Collections to fund Reserve Account					0.00
Remaining Available Collections Released to Seller					475,857.71

IV. YIELD SUPPLEMENT ACCOUNT

Beginning Yield Supplement Account Balance					31,448,161.77
Release to Collection Account					1,563,892.63
Ending Yield Supplement Account Balance					29,884,269.14

V. RESERVE ACCOUNT

Initial Reserve Account Amount					3,126,196.31
Required Reserve Account Amount					3,126,196.31
Beginning Reserve Account Balance					3,126,196.31
Ending Reserve Account Balance					3,126,196.31

Required Reserve Account Amount for Next Period					3,126,196.31

VI. POOL STATISTICS

Weighted Average Coupon					4.70	%
Weighted Average Remaining Maturity					46.59

Principal Recoveries of Defaulted Receivables					384,457.63
Principal on Defaulted Receivables					1,167,828.98
Pool Balance at Beginning of Collection Period					1,056,240,657.09
Net Loss Ratio					0.89	%

Net Loss Ratio for Second Preceding Collection Period					0.55	%
Net Loss Ratio for Preceding Collection Period					0.97	%
Net Loss Ratio for Current Collection Period					0.89	%
Average Net Loss Ratio					0.80	%

Cumulative Net Losses for all Periods					3,177,226.03

Delinquent Receivables:	Amount			Number
31-60 Days Delinquent		8,495,893.08			423
61-90 Days Delinquent		2,314,477.49			109
91-120 Days Delinquent		856,305.96			42
Total Delinquent Receivables:		11,666,676.53			574
61+ Days Delinquencies as Percentage of Receivables		0.31	%		0.26	%

Delinquency Ratio for Second Preceding Collection Period					0.15	%
Delinquency Ratio for Preceding Collection Period					0.21	%
Delinquency Ratio for Current Collection Period					0.26	%
Average Delinquency Ratio					0.21	%

Page 7 of 8

Exhibit 99.1

Nissan Auto Receivables 2008-B Owner Trust

Monthly Servicer's Certificate

for the month of December 2008

VII. STATEMENTS TO NOTEHOLDERS

1. The amount of the currency Swap Payments and the currency Swap
Termination Payments, if any, due to the currency Swap Counterparty
under the currency Swap Agreement.				N/A

2. Has there been a material change in practices with respect to charge-
offs, collection and management of delinquent Receivables, and the effect
of any grace period, re-aging, re-structuring, partial payments or
other practices on delinquency and loss experience?				No

3. Have there been any material modifications, extensions or waivers to
Receivables terms, fees, penalties or payments during the Collection Period?				No

4. Have there been any material breaches of representations, warranties
or covenants contained in the Receivables?				No

5. Has there been an issuance of notes or other securities backed by the
Receivables?				No

6. Has there been a material change in the underwriting, origination or acquisition
of Receivables?				No

Page 8 of 8

Nissan Auto Receivables 2008-B Owner Trust 10-D