|   | (Mark One) |
|--------|------------|

|   | x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|--------|---------------------------------------------------------------------------------------------|

|   | o  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|--------|-------------------------------------------------------------------------------------------------------|

| DELAWARE                                                                             |   | 38-7021785                          |
|--------------------------------------------------------------------------------------|--------|-------------------------------------|
| (State or other jurisdiction of incorporation or organization of the Issuing Entity) |   | (I.R.S. EmployerIdentification No.) |

| (A)   | Item 1.                      Business. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------|

| (B)   | Item 1A.                    Risk Factors. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------|

| (C)   | Item 2.                      Properties. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------|

| (D)   | Item 3.                      Legal Proceedings. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (E)   | Item 4.                      Mine Safety Disclosures. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (A)   | Item 5.                      Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (B)   | Item 6.                      Selected Financial Data. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (C)   | Item 7.                      Management’s Discussion and Analysis of Financial Condition and Results of Operations. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (D)   | Item 7A.                    Quantitative and Qualitative Disclosures About Market Risk. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (E)   | Item 8.                      Financial Statements and Supplementary Data. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (F)   | Item 9.                      Changes in and Disagreements with Accountants on Accounting and Financial Disclosure. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (G)   | Item 9A.                   Controls and Procedures. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------|

|   Item 9B. | Other Information. |
|----------------------|--------------------|

| (A)   | Item 10.                      Directors, Executive Officers and Corporate Governance. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (B)   | Item 11.                      Executive Compensation. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (C)   | Item 12.                      Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (D)   | Item 13.                      Certain Relationships and Related Transactions, and Director Independence. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (E)   | Item 14.                      Principal Accountant Fees and Services. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Item 15. | Exhibits and Financial Statement Schedules. |
|----------|---------------------------------------------|

|   | (a)(1) | Not applicable. |
|--------|--------|-----------------|

|   | (a)(2) | Not applicable. |
|--------|--------|-----------------|

|   | (a)(3) | The exhibits filed in response to Item 601 of Regulation S-K are listed in the Exhibit Index. |
|--------|--------|-----------------------------------------------------------------------------------------------|

|   | (b) | The exhibits filed in response to Item 601 of Regulation S-K are listed in the Exhibit Index. |
|--------|-----|-----------------------------------------------------------------------------------------------|

|   | (c) | Not applicable. |
|--------|-----|-----------------|

----

----

| Exhibit No. |                                                                                                                                                                                                                                                                            |
|-------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.1         | Amended and Restated Certificate of Incorporation of NARC II (incorporated by reference to Exhibit 3.1 of Form 10-K, dated June 28, 2012, and filed with the SEC on June 28, 2012, File No. 333-165171-04)                                                                      |
| 3.2         | Bylaws of NARC II (incorporated by reference to Exhibit 3.2 of Form 10-K, dated June 28, 2012, and filed with the SEC on June 28, 2012, File No. 333-165171-04)                                                                                                                 |
| 4.1         | Indenture, dated as of February 22, 2012, by and between the Issuing Entity, and the Indenture Trustee (incorporated by reference to Exhibit 4.1 of Form 8-K, dated February 24, 2012, File No. 333-165171-04)                                                                  |
| 4.2         | Amended and Restated Trust Agreement, dated as of February 22, 2012, by and between NARC II, as depositor, and Wilmington Trust, National Association, as Owner Trustee (incorporated by reference to Exhibit 4.2 of Form 8-K, dated February 24, 2012, File No. 333-165171-04) |
| 10.1        | Purchase Agreement, dated as of February 22, 2012, by and between NARC II, as purchaser, and NMAC, as seller (incorporated by reference to Exhibit 10.1 of Form 8-K, dated February 24, 2012, File No. 333-165171-04)                                                           |
| 10.2        | Sale and Servicing Agreement, dated as of February 22, 2012, by and among the Issuing Entity, NARC II, as seller, and NMAC, as servicer (incorporated by reference to Exhibit 10.2 of Form 8-K, dated February 24, 2012, File No. 333-165171-04)                                |
| 10.3        | Administration Agreement, dated as of February 22, 2012, by and among the Issuing Entity, NMAC, as administrator, the Indenture Trustee and the Owner Trustee (incorporated by reference to Exhibit 10.3 of Form 8-K, dated February 24, 2012, File No. 333-165171-04)          |
| 31.1        | Certification of Senior Officer in Charge of the Servicing Function of the Servicer Pursuant to Rule 15d-14(d)                                                                                                                                                                  |
| 33.1        | Report on Assessment of Compliance With Applicable Servicing Criteria for Asset-Backed Securities of Nissan Motor Acceptance Corporation                                                                                                                                        |
| 33.2        | Management’s Assertion on Compliance With Regulation AB (Citibank, N.A.)                                                                                                                                                                                                  |
| 34.1        | Report of Independent Registered Public Accounting Firm (Ernst & Young  LLP)                                                                                                                                                                                      |
| 34.2        | Report of Independent Registered Public Accounting Firm (KPMG LLP)                                                                                                                                                                                                              |
| 35.1        | Servicer Compliance Statement of Nissan Motor Acceptance Corporation                                                                                                                                                                                                            |
| 99.1        | Annual Servicer’s Certificate Provided by Nissan Motor Acceptance Corporation to Holders of Notes and Certificates                                                                                                                                                        |

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