Exhibit 99.1

NISSAN AUTO LEASE TRUST 2012-B

Monthly Servicer's Report

for the month of October 2014 

Collection Period Start	1-Oct-14	Distribution Date	17-Nov-14
Collection Period End	31-Oct-14	30/360 Days	30
Beg. of Interest Period	15-Oct-14	Actual/360 Days	33
End of Interest Period	17-Nov-14

SUMMARY
	Coupon Rate			Initial Balance		Beginning Balance		Ending Balance		Pool Factor
Total Portfolio					903,616,273.65		346,964,384.47		309,951,503.07		0.3430123
Total Securities					903,616,273.65		346,964,384.47		309,951,503.07		0.3430123
Class A-1 Notes		0.250000	%		107,000,000.00		0.00		0.00		0.0000000
Class A-2a Notes		0.450000	%		143,000,000.00		0.00		0.00		0.0000000
Class A-2b Notes		0.253300	%		196,000,000.00		0.00		0.00		0.0000000
Class A-3 Notes		0.580000	%		214,000,000.00		103,348,110.82		66,335,229.42		0.3099777
Class A-4 Notes		0.740000	%		90,000,000.00		90,000,000.00		90,000,000.00		1.0000000
Certificates		0.000000	%		153,616,273.65		153,616,273.65		153,616,273.65		1.0000000

	Principal Payment Due			Interest Payment		Principal per $1000 Face Amount		Interest per $1000 Face Amount
Class A-1 Notes		0.00			0.00		0.0000000		0.0000000
Class A-2a Notes		0.00			0.00		0.0000000		0.0000000
Class A-2b Notes		0.00			0.00		0.0000000		0.0000000
Class A-3 Notes		37,012,881.40			49,951.59		172.9573897		0.2334186
Class A-4 Notes		0.00			55,500.00		0.0000000		0.6166667
Certificates		0.00			0.00		0.0000000		0.0000000
Total Securities		37,012,881.40			105,451.59

I. COLLECTIONS

Lease Payments: ( Lease SUBI)
Monthly Principal								5,091,152.73
Monthly Interest								1,697,879.07
Total Monthly Payments								6,789,031.80

Interest Rate Cap Payments								0.00

Advances:
Aggregate Monthly Payment Advances								190,379.02
Aggregate Sales Proceeds Advance								16,480,678.14
Total Advances								16,671,057.16

Vehicle Disposition Proceeds:
Reallocation Payments								15,053,510.54
Repurchase Payments								1,538,569.77
Net Auction Proceeds								0.00
Recoveries								0.00
Net Liquidation Proceeds								10,631,772.74
Excess Wear and Tear and Excess Mileage								240,883.36
Remaining Payoffs								0.00
Net Insurance Proceeds								160,666.59
Residual Value Surplus								248,997.45
Total Collections								51,334,489.41

Vehicle Disposition Activity for the current month - Terminated and Sold (included in Vehicle Disposition Proceeds)	Reallocation Payments		Net Insurance Sales		Lease Payoffs		Count
Early Termination		9,501,883.14						657
Involuntary Repossession		80,469.00						7
Voluntary Repossession		30,657.00						3
Full Termination		5,430,156.40						353
Bankruptcy		10,345.00						1
Insurance Payoff				159,095.58				9
Customer Payoff						224,334.67		13
Grounding Dealer Payoff						7,958,903.33		453
Dealer Purchase						1,662,099.54		86
Total		15,053,510.54		159,095.58		9,845,337.54		1,582

Page 5 of 9

Exhibit 99.1

NISSAN AUTO LEASE TRUST 2012-B

Monthly Servicer's Report

for the month of October 2014 

II. COLLATERAL POOL BALANCE DATA
	Number			Book Amount			Discount Rate			Securitization Value
Pool Balance - Beginning of Period		20,065			389,334,513.27			7.00000	%		346,964,384.47
Total Depreciation Received					(5,703,717.40	)					(4,641,263.20	)
Principal Amount of Gross Losses		(32	)		(612,204.48	)					(552,315.00	)
Repurchase / Reallocation		(91	)		(1,765,948.87	)					(1,538,569.77	)
Early Terminations		(778	)		(14,437,978.02	)					(12,601,161.39	)
Scheduled Terminations		(1,093	)		(20,220,824.65	)					(17,679,572.04	)
Pool Balance - End of Period		18,071			346,593,839.85						309,951,503.07

Remaining Pool Balance
Lease Payment											39,675,317.78
Residual Value											270,276,185.29
Total											309,951,503.07

III. DISTRIBUTIONS

Total Collections													51,334,489.41
Reserve Amounts Available for Distribution													0.00
Total Available for Distribution													51,334,489.41

1. Amounts due Indenture Trustee as Compensation or Indemnity													0.00
2. Reimbursement of Payment Advance													316,416.73
3. Reimbursement of Sales Proceeds Advance													10,743,964.59
4. Servicing Fee:
Servicing Fee Due													289,136.99
Servicing Fee Paid													289,136.99
Servicing Fee Shortfall													0.00
Total Trustee, Advances and Servicing Fee Paid													11,349,518.31

5. 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 Available Interest Distribution Amount													0.00

Class A-1 Notes Monthly Interest Paid													0.00
Chg in Class A-1 Notes Int. Carryover Shortfall													0.00

Class A-2a 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 Available Interest Distribution Amount													0.00

Class A-2 Notes Monthly Interest Paid													0.00
Chg in Class A-2 Notes Int. Carryover Shortfall													0.00

Class A-2b 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 Available Interest Distribution Amount													0.00

Class A-2 Notes Monthly Interest Paid													0.00
Chg in Class A-2 Notes Int. 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 Available Interest Distribution Amount													49,951.59

Class A-3 Notes Monthly Interest Paid													49,951.59
Chg in Class A-3 Notes Int. Carryover Shortfall													0.00

Page 6 of 9

Exhibit 99.1

NISSAN AUTO LEASE TRUST 2012-B

Monthly Servicer's Report

for the month of October 2014 

Class A-4 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 Available Interest Distribution Amount																			55,500.00

Class A-4 Notes Monthly Interest Paid																			55,500.00
Chg in Class A-4 Notes Int. Carryover Shortfall																			0.00

Certificate Monthly Interest
Certificate Interest Carryover Shortfall																			0.00
Certificate Interest on Interest Carryover Shortfall																			0.00
Certificate Monthly Available Interest Distribution Amount																			0.00

Certificate Monthly Interest Paid																			0.00
Chg in Certificate Int. Carryover Shortfall																			0.00

Total Note and Certificate Monthly Interest
Total Note and Certificate Monthly Interest Due																			105,451.59
Total Note and Certificate Monthly Interest Paid																			105,451.59
Total Note and Certificate Interest Carryover Shortfall																			0.00
Chg in Total Note and Certificate Int. Carryover Shortfall																			0.00

Total Available for Principal Distribution																			39,879,519.51

6. Total Monthly Principal Paid on the Notes
Total Monthly Principal Paid on the Class A Notes																			37,012,881.40

Total Class A Noteholders' Principal Carryover Shortfall																			0.00
Total Class A Noteholders' Principal Distributable Amount																			37,012,881.40
Chg in Total Class A Noteholders' Principal Carryover Shortfall																			0.00

7. Total Monthly Principal Paid on the Certificates																			0.00

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

Remaining Available Collections																			2,866,638.11

Page 7 of 9

Exhibit 99.1

NISSAN AUTO LEASE TRUST 2012-B

Monthly Servicer's Report

for the month of October 2014 

IV. RESERVE ACCOUNT

Initial Reserve Account Amount					4,518,081.37
Required Reserve Account Amount					13,554,244.10
Beginning Reserve Account Balance					13,554,244.10
Additional Cash Infusion					0.00
Reinvestment Income for the Period					0.00
Reserve Fund Available for Distribution					13,554,244.10
Reserve Fund Draw Amount					0.00
Deposit of Remaining Available Collections					2,866,638.11
Gross Reserve Account Balance					16,420,882.21
Remaining Available Collections Released to Seller					2,866,638.11
Total Ending Reserve Account Balance					13,554,244.10

V. POOL STATISTICS

Weighted Average Remaining Maturity					6.67
Monthly Prepayment Speed					97	%
Lifetime Prepayment Speed					81	%

		$		units
Recoveries of Defaulted and Casualty Receivables		345,263.21
Securitization Value of Defaulted Receivables and Casualty Receivables		552,315.00			32
Aggregate Defaulted and Casualty Gain (Loss)		(207,051.79	)
Pool Balance at Beginning of Collection Period		346,964,384.47
Net Loss Ratio		-0.0597	%

Cumulative Net Losses for all Periods		0.1959	%		1,770,271.06

Delinquent Receivables:	Amount			Number
31-60 Days Delinquent		2,548,389.33			160
61-90 Days Delinquent		443,663.52			29
91-120+ Days Delinquent		132,931.21			8
Total Delinquent Receivables:		3,124,984.06			197
60+ Days Delinquencies as Percentage of Receivables		0.17	%

Aggregate Sales Performance of Auctioned Vehicles		$		units
Sales Proceeds		14,932,039.54			1010
Securitization Value		16,558,195.96
Aggregate Residual Gain (Loss)		(1,626,156.42	)

Cumulative Sales Performance of Auctioned Vehicles		$		units
Cumulative Sales Proceeds		163,881,842.05			10,590
Cumulative Securitization Value		177,960,185.33
Cumulative Residual Gain (Loss)		(14,078,343.28	)

VI. RECONCILIATION OF ADVANCES

Beginning Balance of Residual Advance					17,096,149.73
Reimbursement of Outstanding Advance					10,743,964.59
Additional Advances for current period					16,480,678.14
Ending Balance of Residual Advance					22,832,863.28

Beginning Balance of Payment Advance					612,935.50
Reimbursement of Outstanding Payment Advance					316,416.73
Additional Payment Advances for current period					190,379.02
Ending Balance of Payment Advance					486,897.79

Page 8 of 9

Exhibit 99.1

NISSAN AUTO LEASE TRUST 2012-B

Monthly Servicer's Report

for the month of October 2014 

VII. STATEMENTS TO NOTEHOLDERS

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

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

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

4. Has there been any new issuance of notes or other securities backed by the
SUBI Assets?							No

5. Has there been any material additions, removals or substitutions of
SUBI Assets, or repurchases of SUBI Assets?							No

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

Page 9 of 9

Nissan Auto Lease Trust 2012-B 10-D