| Collection Period                        |              | 30                                       |        |                                |              |            |            |                  |              |            |   | 30/360 Days     |   |   | 30  |
|------------------------------------------|-------------------|-----------------------------------------------|-------------|-------------------------------------|-------------------|-----------------|-----------------|-----------------------|-------------------|-----------------|--------|-----------------|--------|--------|----------|
| Interest Accrual Period                  |              | 28                                       |        |                                |              |            |            |                  |              |            |   | Actual/360 Days |   |   | 28  |
|                                     |              |                                          |        |                                |              |            |            |                  |              |            |   |            |   |   |     |   |   |   |   |   |   |   |
|                                     |              | Initial Principal                             | Final       | Beginning                           | Beginning         | First Priority  | Second Priority | Regular Principal     | Ending            | Ending          |
| Class                                    | Balance           | Scheduled                                     | Principal   | Principal                           | Principal         | Principal       | Distribution    | Principal             | Principal         |
|                                     |              |                                          |        |  Payment Date                  | Balance           | Factor          | Distribution    | Distribution          | Amount            | Balance         | Factor |
|                                     |              |                                          |        |                                |              |            |  Amount    | Amount                |              |            |   |
| A-1                                      |              | $501,000,000.00                               | 3/16/15     | $0.00                               | 0.0000000    | $0.00           | $0.00           | $0.00                 | $0.00             | 0.0000000  |
| A-2                                      |              | $560,000,000.00                               | 8/15/16     | $513,948,676.12                     | 0.9177655    | $0.00           | $32,755,398.34  | $14,875,000.05        | $466,318,277.73   | 0.8327112  |
| A-3                                      |              | $480,000,000.00                               | 12/15/17    | $480,000,000.00                     | 1.0000000    | $0.00           | $0.00           | $0.00                 | $480,000,000.00   | 1.0000000  |
| A-4                                      |              | $165,250,000.00                               | 6/17/19     | $165,250,000.00                     | 1.0000000    | $0.00           | $0.00           | $0.00                 | $165,250,000.00   | 1.0000000  |
| B                                        |              | $43,750,000.00                                | 4/15/20     | $43,750,000.00                      | 1.0000000    | $0.00           | $0.00           | $0.00                 | $43,750,000.00    | 1.0000000  |
| Total                                    | $1,750,000,000.00 |                                          |        | $1,202,948,676.12                   |              | $0.00           | $32,755,398.34  | $14,875,000.05        | $1,155,318,277.73 | 0.6601819  |
|                                     |              |                                          |        |                                |              |            |            |                  |              |            |   |            |   |   |     |   |   |   |   |   |   |   |
|                                     |              |                                          |        | Interest                            | Prior             | Interest        | Current         | Total                 |              |            |   |            |   |
| Class                                    | Interest Rate     | Distributable                                 | Interest    | Distribution                        | Interest          | Principal & |            |                  |              |            |   |
|                                     |              |                                          |        |  Amount                        | Carryover         | Amount          | Carryover       | Interest Distribution |              |            |   |            |   |
| A-1                                      |              | 0.19000%                                      |        | $0.00                               | $0.00             | $0.00           | $0.00           | $0.00                 |              |            |   |            |   |
| A-2                                      |              | 0.41000%                                      |        | $175,599.13                         | $0.00             | $175,599.13     | $0.00           | $47,805,997.52        |              |            |   |            |   |
| A-3                                      |              | 0.67000%                                      |        | $268,000.00                         | $0.00             | $268,000.00     | $0.00           | $268,000.00           |              |            |   |            |   |
| A-4                                      |              | 1.18000%                                      |        | $162,495.83                         | $0.00             | $162,495.83     | $0.00           | $162,495.83           |              |            |   |            |   |
| B                                        |              |                                          |        | $0.00                               | $0.00             | $0.00           | $0.00           | $0.00                 |              |            |   |            |   |
| Total                                    |              |                                          | $606,094.96 | $0.00                               | $606,094.96       | $0.00           | $48,236,493.35  |                  |              |            |   |            |
|                                     |              |                                          |        |                                |              |            |            |                  |              |            |   |            |   |   |     |   |   |   |   |   |   |   |
| Credit Enhancement                       |
|                                     |              |                                          |        |                                |              |            |            |                  |              |            |   |            |   |   |     |   |   |   |   |   |   |   |
| Reserve Account                          |              | Yield Supplement Overcollateralization Amount |
|                                     |              |                                          |        |                                |              |            |            |                  |              |            |   |            |   |   |     |   |   |   |   |   |   |   |
| Initial Deposit Amount                   |              | $4,375,000.01                                 |        | Beginning Period Amount             | $57,407,885.24    |
| Specified Reserve Account Amount         |              | $4,375,000.01                                 |        | Increase/(Decrease)                 | $(3,271,126.01)   |
| Beginning Balance                        |              | $4,375,000.01                                 |        | Ending Period Amount                | $54,136,759.23    |
| Withdrawals                              |              | $0.00                                         |        |                                |              |            |            |                  |              |            |   |            |   |   |
| Amount Available for Deposit             |              | $18,294,831.63                                |        | Overcollateralization               |
| Amount Deposited to the Reserve Account  |              | $0.00                                         |        | Adjusted Pool Balance               | $1,170,193,277.78 |
| Reserve Account Balance Prior to Release |              | $4,375,000.01                                 |        | Total Note Balance                  | $1,155,318,277.73 |
| Reserve Account Required Amount          |              | $4,375,000.01                                 |        | Ending Overcollateralization Amount | $14,875,000.05    |
| Reserve Account Release to Seller        |              | $0.00                                         |        | Overcollateralization Target Amount | $14,875,000.05    |
| Ending Reserve Account Balance           |              | $4,375,000.01                                 |        |                                |              |            |            |                  |              |            |   |            |   |   |
|                                     |              |                                          |        |                                |              |            |            |                  |              |            |   |            |   |   |     |   |   |   |   |   |   |   |
| Page 1 of 4                              |

----

| Collection Period                                              |              | 30   |              |     |                                            |   |                |   |          |                 | 30/360 Days                                          |   |   | 30  |
|----------------------------------------------------------------|-------------------|-----------|-------------------|----------|-------------------------------------------------|--------|---------------------|--------|---------------|----------------------|------------------------------------------------------|--------|--------|----------|
| Interest Accrual Period                                        |              | 28   |              |     |                                            |   |                |   |          |                 | Actual/360 Days                                      |   |   | 28  |
|                                                           |              |      |              |     |                                            |   |                |   |          |                 |                                                 |   |   |     |   |   |   |
| Liquidations of Charge-offs and Repossessions                  |
|                                                           |              |      |              |     |                                            |   |                |   |          |                 |                                                 |   |   | Amount   |   |
| Liquidated Contracts                                           |              | 31   |              | vehicles |                                            |   |                |   |
| Gross Principal of Liquidated Receivables                      |              |      |              |     |                                            |   | $419,230.55         |   |
| Principal of Repurchased Contracts, previously charged-off     |              |      |              |     |                                            |   | $0.00               |   |
| Net Liquidation Proceeds Received During the Collection Period |              |      |              |     |                                            |   | $(47,929.68)        |   |
| Recoveries on Previously Liquidated Contracts                  |              |      |              |     |                                            |   | $(191,133.76)       |   |
| Net Credit Losses for the Collection Period                    |              |      |              |     |                                            |   | $180,167.11         |   |
| Cumulative Credit Losses for all Periods                       |              | 230  |              | vehicles | $2,032,429.63                                   |   |
|                                                           |              |      |              |     |                                            |   |                |   |          |                 |                                                 |   |   |     |   |   |   |
| Cumulative Net Loss Ratio                                      |              |      |              |     |                                            |   | 0.11015%            |   |
|                                                           |              |      |              |     |                                            |   |                |   |          |                 |                                                 |   |   |     |   |   |   |
| Repossessed in Current Period                                  |              | 19   |              | vehicles |                                            |   |                |   |
|                                                           |              |      |              |     |                                            |   |                |   |          |                 |                                                 |   |   |     |   |   |   |
|                                                           |              |      |              |     |                                            |   |                |   |          |                 |                                                 |   |   |     |   |   |   |
| Delinquent and Repossessed Contracts                           |
|                                                           |              |      |              |     |                                            |   |                |   |          |                 |                                                 |   |   |     |   |   |   |
|                                                           |              |      |              |     | Percentage of Current Month Number of Contracts |   |                |   |          |                 | Percentage of Current Month Receivables Pool Balance |   |   |     |
|                                                           |              |      |              |     |                                            | Units  |                |   | Balance       |                 |
|                                                           |              |      |              |     |                                            |   |                |   |          |                 |                                                 |   |   |     |   |   |   |
| 30-59 Days Delinquent                                          | 0.59%             |      | 549          |     | 0.64%                                           |   | $7,861,243.39  |   |
| 60-89 Days Delinquent                                          | 0.12%             |      | 111          |     | 0.14%                                           |   | $1,744,833.56  |   |
| 90-119 Days Delinquent                                         | 0.04%             |      | 37           |     | 0.04%                                           |   | $504,490.38    |   |
| 120 or more Days Delinquent                                    | 0.00%             |      | 0            |     | 0.00%                                           |   | $0.00               |   |
| Total Delinquencies                                            |              |      |              |     | 697                                        |   |                |   |          | $10,110,567.33  |                                                 |
|                                                           |              |      |              |     |                                            |   |                |   |          |                 |                                                 |   |   |     |   |   |   |
| Repossessed Vehicle Inventory                                  |              |      |              |     | 21                                         |   |                |   |          |                 |                                                 |
| * Included with Delinquencies Above                            |              |      |              |     |                                            |   |                |   |          |                 |                                                 |   |   |
|                                                           |              |      |              |     |                                            |   |                |   |          |                 |                                                 |   |   |     |   |   |   |
| Pool Data                                                      |
|                                                           |              |      |              |     | Original                                        |   | Prior Month         |   | Current Month |                 |                                                 |   |
| Receivables Pool Balance                                       | $1,845,073,346.03 |      | $1,275,231,561.41 |     | $1,224,330,037.01                               |   |                |   |
| Number of Contracts                                            | 115,093      |      | 95,312       |     | 93,418                                     |   |                |   |
| Weighted Average APR                                           | 2.10%             |      | 2.00%             |     | 1.99%                                           |   |                |   |
| Weighted Average Remaining Term (Months)                       | 45.80        |      | 38.72        |     | 37.92                                      |   |                |   |
|                                                           |              |      |              |     |                                            |   |                |   |          |                 |                                                 |   |   |     |   |   |   |
| Page 2 of 4                                                    |

----

| Collection Period                                    |        | 30     |        |           |             |           |        |              |             |        |        | 30/360 Days     |             |   |   |   | 30  |
|------------------------------------------------------|-------------|-------------|-------------|----------------|------------------|----------------|-------------|-------------------|------------------|-------------|-------------|-----------------|------------------|--------|--------|--------|----------|
| Interest Accrual Period                              |        | 28     |        |           |             |           |        |              |             |        |        | Actual/360 Days |             |   |   |   | 28  |
|                                                 |        |        |        |           |             |           |        |              |             |        |        |            |             |   |   |   |     |   |   |   |   |
| Collections                                          |        |        |        |           |             |           |        |              |             |        |        |            |
| Principal Payments Received                          |        |        |        | $37,253,128.74 |             |           |        |              |             |        |        |            |             |   |   |   |
| Prepayments in Full                                  |        |        |        | $13,229,165.11 |             |           |        |              |             |        |        |            |             |   |   |   |
| Interest Payments Received                           |        |        |        | $1,997,660.61  |             |           |        |              |             |        |        |            |             |   |   |   |
| Aggregate Net Liquidation Proceeds                   |        | $239,063.44 |        |           |             |           |        |              |             |        |        |            |             |   |
| Interest on Repurchased Contracts                    |        | $0.00       |        |           |             |           |        |              |             |        |        |            |             |   |
| Total Collections                                    |        |        |        | $52,719,017.90 |             |           |        |              |             |        |        |            |             |   |   |   |
| Principal of Repurchased Contracts                   |        | $0.00       |        |           |             |           |        |              |             |        |        |            |             |   |
| Principal of Repurchased Contracts, prev charged-off | $0.00       |        |        |           |             |           |        |              |             |        |        |            |             |
| Adjustment on Repurchased Contracts                  |        | $0.00       |        |           |             |           |        |              |             |        |        |            |             |   |
| Total Repurchased Amount                             |        |        |        | $0.00          |             |           |        |              |             |        |        |            |             |   |   |   |
|                                                 |        |        |        |           |             |           |        |              |             |        |        |            |             |   |   |   |     |   |   |   |   |
| Total Available Collections                          |        |        |        | $52,719,017.90 |             |           |        |              |             |        |        |            |             |   |   |   |
|                                                 |        |        |        |           |             |           |        |              |             |        |        |            |             |   |   |   |     |   |   |   |   |
| Distributions                                        |        |        |        |           |             |           |        |              |             |        |        |            |
|                                                 |        |        |        |           |             |           |        |              |             |        |        |            |             |   |   |   |     |   |   |   |   |
|                                                 |        |        |        |           |             |           |        | Calculated Amount |             | Amount Paid |        | Shortfall       |             |
|                                                 |        |        |        |           |             |           |        |              |             |        |        |            |             |   |   |   |     |   |   |   |   |
| Servicing Fee                                        |        |        |        |           |             | $1,062,692.97  |        | $1,062,692.97     |             | $0.00       |        |
| Interest - Class A-1 Notes                           |        |        |        |           |             | $0.00          |        | $0.00             |             | $0.00       |        |
| Interest - Class A-2 Notes                           |        |        |        |           |             | $175,599.13    |        | $175,599.13       |             | $0.00       |        |
| Interest - Class A-3 Notes                           |        |        |        |           |             | $268,000.00    |        | $268,000.00       |             | $0.00       |        |
| Interest - Class A-4 Notes                           |        |        |        |           |             | $162,495.83    |        | $162,495.83       |             | $0.00       |        |
| First Priority Principal Distribution Amount         |        |        |        | $0.00          |             | $0.00          |        | $0.00             |             |
| Interest - Class B Notes                             |        |        |        |           |             | $0.00          |        | $0.00             |             | $0.00       |        |
| Second Priority Principal Distribution Amount        |        |        |        | $32,755,398.34 |             | $32,755,398.34 |        | $0.00             |             |
| Reserve Account Deposit                              |        |        |        |           |             | $0.00          |        | $0.00             |             | $0.00       |        |
| Regular Principal Distribution Amount                |        |        |        | $14,875,000.05 |             | $14,875,000.05 |        | $0.00             |             |
| Excess Amounts to the Certificateholder              |        |        |        | $3,419,831.58  |             | $3,419,831.58  |        | N/A               |             |
|                                                 |        |        |        |           |             |           |        |              |             |        |        |            |             |   |   |   |     |   |   |   |   |
| Noteholder Distributions                             |
|                                                 |        |        | Interest    |           | Per $1000 of     |           | Principal   |              | Per $1000 of     |        | Amount      |            | Per $1000 of     |
|                                                 |        |        | Distributed |           | Original Balance |           | Distributed |              | Original Balance |        | Distributed |            | Original Balance |
|                                                 |        |        |        |           |             |           |        |              |             |        |        |            |             |   |   |   |     |   |   |   |   |
| Class A-1 Notes                                      | $0.00       |        | $0.00       |           | $0.00            |           | $0.00       |              | $0.00            |        | $0.00       |
| Class A-2 Notes                                      | $175,599.13 |        | $0.31       |           | $47,630,398.39   |           | $85.05      |              | $47,805,997.52   |        | $85.36      |
| Class A-3 Notes                                      | $268,000.00 |        | $0.56       |           | $0.00            |           | $0.00       |              | $268,000.00      |        | $0.56       |
| Class A-4 Notes                                      | $162,495.83 |        | $0.98       |           | $0.00            |           | $0.00       |              | $162,495.83      |        | $0.98       |
| Class B Notes                                        | $0.00       |        | $0.00       |           | $0.00            |           | $0.00       |              | $0.00            |        | $0.00       |
|                                                 |        |        |        |           |             |           |        |              |             |        |        |            |             |   |   |   |     |   |   |   |   |
| Page 3 of 4                                          |

----

|                                              |                             |   |   |   |
|---------------------------------------------------|----------------------------------|--------|--------|--------|
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
| I hereby certify to the best of my knowledge that |                             |
| the report provided is true and correct.          |                             |
|                                              |                             |   |   |   |
| /s/                                               | Cindy Wang                       |   |   |   |
| Name:                                             | Cindy Wang                       |   |
| Title:                                            | Vice President, Head of Treasury |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
|                                              |                             |   |   |   |
| Page 4 of 4                                       |

----