~~Table~~UNITED ofSTATES SECURITIES ~~Contents~~AND EXCHANGE COMMISSION Washington, D.C. 20549

~~FORM 8-K~~ ____________________

~~CURRENT~~FORM ~~REPORT~~8-K ~~PURSUANT~~CURRENT ~~TO SECTION 13 OR 15(D) OF THE SECURITIES AND EXCHANGE ACT OF 1934~~ REPORT

~~Date~~Pursuant ofto ~~Report:~~Section ~~November~~ 13, ~~2003~~or 15(d) of the Securities Exchange Act of 1934

(Date of Report (date of earliest event reported) :

~~Nissan~~January ~~Auto~~15, ~~Receivables Corporation II on behalf of Nissan Auto Receivables 2003-C Owner Trust~~ 2004

~~(Exact~~Nissan ~~name~~Auto Receivables Corporation II on behalf of ~~registrant~~Nissan asAuto ~~specified~~Receivables in2003-C ~~its~~Owner ~~charter)~~Trust
(Exact name of registrant as specified in its charter)

DELAWARE		333-87970	45-6127522
Delaware	333-87970-03	45-6127522
(State or Other Jurisdiction of Incorporation)		(Commission File Number)	(I.R.S. Employer Identification No.)
(State or other Jurisdiction of incorporation)	(Commission Registration Number)	(I.R.S. Employer Identification Number)

990 WEST 190TH STREET TORRANCE, CALIFORNIA 90502

~~(Address of principal executive offices)~~ ___________________________________

~~Registrant’s~~(Address ~~telephone~~of ~~number,~~principal ~~including~~executive ~~area code: (310~~office) ~~719-8583~~

~~TABLE~~Registrant's OFtelephone ~~CONTENTS~~number, including area code: (310) 719-8583

ITEM 5. OTHER EVENTS
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
EXHIBIT INDEX
EXHIBIT 4.1
EXHIBIT 4.2
EXHIBIT 4.3
EXHIBIT 4.4
EXHIBIT 4.5
EXHIBIT 4.6
Item 5. Other Events.

~~Table~~On January 15, 2004, the principal and interest collected during the preceding calendar month, net of ~~Contents~~certain adjustments as provided for in the Sale and Servicing Agreement, dated as of November 13, 2003 (the "Agreement"), among Nissan Auto Receivables 2003-C Owner Trust, as Issuer, Nissan Auto Receivables Corporation II, as Seller, and Nissan Motor Acceptance Corporation, as Servicer, were distributed to the holders of notes ("Noteholders") issued by Nissan Auto Receivables 2003-C Owner Trust. In accordance with the Agreement, the Servicer's Certificate, as defined in the Agreement, was furnished to the Indenture Trustee (as defined in the Agreement) for the benefit of the Noteholders. A copy of the Servicer's Certificate is being filed as Exhibit 20.1 to this Current Report on Form 8-K.

ITEM 5. OTHER EVENTS

Item 7(c).	Financial Statements, Pro Forma Financial Information and Exhibits .
	(a) Not applicable.
	(b) Not applicable.
	(c) Exhibits
	The exhibit number corresponds with Item 601(a) of Regulation S-K.

On November 13, 2003, Nissan Auto Receivables Corporation II (“NARC II”) and Nissan Motor Acceptance Corporation (“NMAC”) entered into that certain Purchase Agreement, dated as of November 13, 2003 (the “Purchase Agreement”), pursuant to which NMAC transferred to NARC II certain retail installment sales contracts relating to certain new, near-new and used automobiles and light-duty trucks (the “Receivables”) and related property. On November 13, 2003, Nissan Auto Receivables 2003-C Owner Trust (the “Trust”), a Delaware statutory trust created pursuant to that certain Trust Agreement, dated as of October 4, 2002, as amended by the Amended and Restated Trust Agreement, dated as of November 13, 2003 (the “Amended and Restated Trust Agreement”), by and between NARC II, as depositor, and Wilmington Trust Company, as owner trustee (the “Owner Trustee”), entered into that certain Sale and Servicing Agreement, dated as of November 13, 2003 (the “Sale and Servicing Agreement”), with NARC II, as seller, and NMAC, as servicer, pursuant to which the Receivables and related property were transferred to the Trust. Also on November 13, 2003, the Trust caused the issuance, pursuant to an Indenture, dated as of November 13, 2003 (the “Indenture”), by and between the Trust, as issuer, and Wells Fargo Bank Minnesota, National Association, as indenture trustee (the “Indenture Trustee”), of certain notes in the following classes: Class A-1, Class A-2, Class A-3, Class A-4 and Class A-5 (collectively, the “Notes”). Also on November 13, 2003, the Trust, NARC II, as seller, NMAC, as servicer, and the Indenture Trustee entered into that certain Yield Supplement Agreement, dated as of November 13, 2003 (the “Yield Supplement Agreement”), relating to the yield supplement account to be maintained for the benefit of the holders of the Notes. Also on November 13, 2003, the Trust, as issuer, NMAC, as administrator, the Indenture Trustee and the Owner Trustee entered into that certain Administration Agreement, dated as of November 13, 2003, relating to the provision by NMAC of certain services relating to the Notes. The Notes, with an aggregate principal balance of $1,857,440.000, were sold to Morgan Stanley & Co. Incorporated, ABN AMRO Incorporated, Citigroup Global Markets, Inc., J.P. Morgan Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, SG Cowen Securities Corporation, and The Williams Capital Group, L.P., as underwriters (the “Underwriters”), pursuant to an Underwriting Agreement, dated as of November 5, 2003, by and among NARC II, NMAC and Morgan Stanley & Co. Incorporated, on behalf of itself and as the representative of the Underwriters. The Notes have been registered pursuant to the Securities Act of 1933, as amended, under a Registration Statement on Form S-3 (Commission File No. 333-87970).

	Exhibit No .	Description
	20.1	Servicer's Certificate for the month of December 2003

Attached as Exhibit 4.1 is the Sale and Servicing Agreement, as Exhibit 4.2 is the Indenture, as Exhibit 4.3 is the Purchase Agreement, as Exhibit 4.4 is the Amended and Restated Trust Agreement, as Exhibit 4.5 is the Administration Agreement and as Exhibit 4.6 is the Yield Supplement Agreement. SIGNATURES

~~ITEM~~Pursuant ~~7. FINANCIAL~~to ~~STATEMENTS~~the requirements of the Securities Exchange Act of 1934, ~~PRO~~the ~~FORMA~~Registrant ~~FINANCIAL~~has ~~INFORMATION~~duly ~~AND~~caused ~~EXHIBITS~~ this report to be signed on behalf of the undersigned thereunto duly authorized.

(a) Not applicable.

NISSAN AUTO RECEIVABLES 2003-C OWNER TRUST
By:	Nissan Auto Receivables Corporation II

By:	____/s/___Joji Tagawa ____________________
	Name: Title:	Joji Tagawa Treasurer

~~(b) Not~~January ~~applicable.~~ 27, 2004

~~(c) Exhibits~~ EXHIBIT INDEX

The exhibit number corresponds with Item 601(a) of Regulation S-K.

Exhibit No.	Description	Sequentially Numbered Page
20.1	Servicer's Certificate for the month of December 2003	5

Exhibit No.		Description
Exhibit 4.1		Sale and Servicing Agreement, dated as of November 13, 2003, by and among the Trust, as issuer, NARC II, as seller, and NMAC, as servicer.
Exhibit 4.2		Indenture, dated as of November 13, 2003, by and between the Trust, as issuer, and the Indenture Trustee.
Exhibit 4.3		Purchase Agreement, dated as of November 13, 2003, by and between NARC II, as purchaser, and NMAC, as seller.

Exhibit 20.1

~~Table~~Nissan ofAuto ~~Contents~~Receivables 2003-C

Exhibit No.		Description
Exhibit 4.4		Amended and Restated Trust Agreement, dated as of November 13, 2003, by and between NARC II, as depositor, and Wilmington Trust Company, as Owner Trustee.
Exhibit 4.5		Administration Agreement, dated as of November 13, 2003, by and among the Trust, as issuer, NMAC, as administrator, the Indenture Trustee and the Owner Trustee.
Exhibit 4.6		Yield Supplement Agreement, dated as of November 13, 2003, by and among the Trust, NARC II, as seller, NMAC, as servicer, and the Indenture Trustee.

Servicer's Certificate

~~Table~~For the month of ~~Contents~~December 2003

~~Pursuant~~NAR ~~to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on behalf of the Registrant by the undersigned thereunto duly authorized.~~ 2003-C

			NISSAN AUTO RECEIVABLES CORPORATION II
Collection Period	Dec-03			30/360 Days	30
			By:	/s/ Joji Tagawa
Distribution Date	15-Jan-04			Actual/360 Days	31
				Name: Joji Tagawa
	Coupon Rate	Initial Balance	Beginning Balance	Ending Balance	Pool Factor
				Title: Treasurer
Total Portfolio		1,960,365,118.56	1,913,042,359.01	1,855,592,815.02	0.946555
Date: November 24, 2003
Total Securities		1,960,365,118.56	1,913,042,359.01	1,855,592,815.02	0.946555
Class A-1 Notes	1.14750%	480,000,000.00	432,677,240.45	375,227,696.46	0.781724
Class A-2 Notes	1.62000%	452,000,000.00	452,000,000.00	452,000,000.00	1.000000
Class A-3 Notes	2.23000%	380,000,000.00	380,000,000.00	380,000,000.00	1.000000
Class A-4 Notes	2.70000%	280,000,000.00	280,000,000.00	280,000,000.00	1.000000
Class A-5 Notes	3.21000%	265,440,000.00	265,440,000.00	265,440,000.00	1.000000
Certificates	0.00000%	102,925,118.56	102,925,118.56	102,925,118.56	1.000000
	Principal Payment	Interest Payment	Principal per $1000 Face Amount	Interest per $1000 Face Amount
Class A-1 Notes	57,449,543.99	427,539.20	119.6865500	0.8907067
Class A-2 Notes	0.00	610,200.00	-	1.3500000
Class A-3 Notes	0.00	706,166.67	-	1.8583333
Class A-4 Notes	0.00	630,000.00	-	2.2500000
Class A-5 Notes	0.00	710,052.00	-	2.6750000
Certificates	0.00	0.00	-	-
Total Securities	57,449,543.99	3,083,957.87
I. COLLECTIONS
Interest:
Interest Collections				5,729,265.87
Repurchased Loan Proceeds Related to Interest				1,029.88
Total Interest Collections				5,730,295.75
Principal:
Principal Collections				56,715,128.76
Repurchased Loan Proceeds Related to Principal				393,696.02
Total Principal Collections				57,108,824.78
Recoveries of Defaulted Receivables				0.00
Investment Earnings on Yield Supplement Account				42,129.61
Release from the Yield Supplement Account				2,566,227.22
Servicer Advances				174,540.80
Total Collections				65,622,018.16
II. COLLATERAL POOL BALANCE DATA
			Number	Amount
Pool Balance - Beginning of Period			112,603	1,913,042,359.01
Total Principal Collections				57,108,824.78
Principal Amount of Gross Losses				340,719.21
			111,528	1,855,592,815.02
III. DISTRIBUTIONS
Total Collections				65,622,018.16
Reserve Account Draw				0.00
Total Available for Distribution				65,622,018.16
1. Reimbursement of Advance				593,921.47
2. Servicing Fee:
Servicing Fee Due				1,594,201.97
Servicing Fee Paid				1,594,201.97
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				427,539.20
Class A-1 Notes Monthly Interest Paid				427,539.20
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				610,200.00
Class A-2 Notes Monthly Interest Paid				610,200.00
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				706,166.67
Class A-3 Notes Monthly Interest Paid				706,166.67
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				630,000.00
Class A-4 Notes Monthly Interest Paid				630,000.00
Change in Class A-4 Notes Interest Carryover Shortfall				0.00
Class A-5 Notes Monthly Interest
Class A-5 Notes Interest Carryover Shortfall				0.00
Class A-5 Notes Interest on Interest Carryover Shortfall				0.00
Class A-5 Notes Monthly Interest Distributable Amount				710,052.00
Class A-5 Notes Monthly Interest Paid				710,052.00
Change in Class A-5 Notes Interest Carryover Shortfall				0.00
Total Note Monthly Interest
Total Note Monthly Interest Due				3,083,957.87
Total Note Monthly Interest Paid				3,083,957.87
Total Note Interest Carryover Shortfall				0.00
Change in Total Note Interest Carryover Shortfall				0.00
Total Available for Principal Distribution				60,349,936.85
4. Total Monthly Principal Paid on the Notes				57,449,543.99
Total Noteholders' Principal Carryover Shortfall				0.00
Total Noteholders' Principal Distributable Amount				57,449,543.99
Change in Total Noteholders' Principal Carryover Shortfall				0.00
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				2,900,392.86
Deposit from Remaining Available Collections to fund Reserve Account				0.00
Remaining Available Collections Released to Seller				2,900,392.86
IV. YIELD SUPPLEMENT ACCOUNT
Beginning Yield Supplement Account Balance				54,185,676.61
Release to Collection Account				2,566,227.22
Ending Yield Supplement Account Balance				51,619,449.39
V. RESERVE ACCOUNT
Initial Reserve Account Amount				9,801,825.59
Required Reserve Account Amount				9,801,825.59
Beginning Reserve Account Balance				9,801,825.59
Ending Reserve Account Balance				9,801,825.59
Reserve Account Triggers			Test Ratio	Actual Ratio	Result
Average Three Period Delinquency Percentage			2.00%	0.04%	Pass
Average Three Period Charge Off Rate			2.75%	0.11%	Pass
Required Reserve Account Amount for Next Period				9,801,825.59
VI. POOL STATISTICS
Weighted Average Coupon				3.32%
Weighted Average Remaining Maturity				49.21
Principal Recoveries of Defaulted Receivables				0.00
Principal on Defaulted Receivables				340,719.21
Pool Balance at Beginning of Collection Period				1,913,042,359.01
Net Loss Ratio				0.21%
Net Loss Ratio for Second Preceding Collection Period				0.00%
Net Loss Ratio for Preceding Collection Period				0.00%
Net Loss Ratio for Current Collection Period				0.21%
Average Net Loss Ratio				0.11%
Cumulative Net Losses for all Periods				340,719.21
Delinquent Receivables:			Amount	Number
31-60 Days Delinquent			11,722,018.71	620
61-90 Days Delinquent			1,660,440.01	98
91-120 Days Delinquent			-	-
Total Delinquent Receivables:			13,382,458.72	718
60+ Days Delinquencies as Percentage of Receivables			0.09%	0.09%
Delinquency Ratio for Second Preceding Collection Period				0.00%
Delinquency Ratio for Preceding Collection Period				0.00%
Delinquency Ratio for Current Collection Period				0.09%
Average Delinquency Ratio				0.04%

EXHIBIT INDEX

Item 601(a) of Regulation S-K

Exhibit No.		Description
Exhibit 4.1		Sale and Servicing Agreement, dated as of November 13, 2003, by and among the Trust, as issuer, NARC II, as seller, and NMAC, as servicer.
Exhibit 4.2		Indenture, dated as of November 13, 2003, by and between the Trust, as issuer, and the Indenture Trustee.
Exhibit 4.3		Purchase Agreement, dated as of November 13, 2003, by and between NARC II, as purchaser, and NMAC, as seller.
Exhibit 4.4		Amended and Restated Trust Agreement, dated as of November 13, 2003, by and between NARC II, as depositor, and Wilmington Trust Company, as Owner Trustee.
Exhibit 4.5		Administration Agreement, dated as of November 13, 2003, by and among the Trust, as issuer, NMAC, as administrator, the Indenture Trustee and the Owner Trustee.
Exhibit 4.6		Yield Supplement Agreement, dated as of November 13, 2003, by and among the Trust, NARC II, as seller, NMAC, as servicer, and the Indenture Trustee.

	ITEM 5. OTHER EVENTS
	ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
EXHIBIT INDEX
EXHIBIT 4.1
EXHIBIT 4.2
EXHIBIT 4.3
EXHIBIT 4.4
EXHIBIT 4.5
EXHIBIT 4.6

Table of Contents

Filing Compare · NISSAN AUTO RECEIVABLES 2003-C OWNER TRUST