EXHIBIT 33.3
          Report on Assessment with Compliance with Servicing Criteria
                           for Asset-Backed Securities

                           (Ford Motor Credit Company)

               Report on Assessment of Compliance with Applicable
                        Regulation AB Servicing Criteria

1.   Ford Motor Credit  Company  ("Ford  Credit") is  responsible  for assessing
     compliance with the servicing criteria applicable to it under paragraph (d)
     of Item 1122 of  Regulation  AB, as of and for the year ended  December 31,
     2006 (the "Reporting Period"),  including all servicing criteria except for
     inapplicable  servicing criteria  identified in 4 below and the portions of
     servicing  criteria  covered by a separate  assessment  and  identified  in
     Appendix A to this report. The transactions  covered by this report include
     asset-backed    securities   transactions   involving   automotive   retail
     installment  sale  contracts  completed  on or after  January  1,  2006 and
     registered  with the Securities  Exchange  Commission for which Ford Credit
     acted as subservicer (the "Platform").

2.   Ford Credit has engaged  certain  vendors to perform  specific,  limited or
     scripted  activities,  and Ford Credit  elects to take  responsibility  for
     assessing  compliance  with  the  servicing  criteria  or  portion  of  the
     servicing criteria  applicable to such vendors'  activities as set forth in
     Appendix A to this report.

3.   Except as set forth in paragraph 4 below, Ford Credit used the criteria set
     forth  in  paragraph  (d) of  Item  1122 of  Regulation  AB to  assess  the
     compliance with the applicable servicing criteria.

4.   The  servicing  criteria  in Item  1122(d)(1)(i),  (iii) and (iv),  (2)(ii)
     through (v) and  (vii),(3)(i)  through (iv), and (4)(ix) through (xiii) and
     (xv) are  inapplicable  to Ford Credit based on the activities it performs,
     directly or through its  vendors,  with  respect to the  Platform.  5. Ford
     Credit  has  complied,  in  all  material  respects,  with  the  applicable
     servicing  criteria as of December  31, 2006 and for the  Reporting  Period
     with respect to the Platform taken as a whole.

6.   Ford Credit has not identified and is not aware of any material instance of
     noncompliance by the vendors with the applicable  servicing  criteria as of
     December 31, 2006 and for the Reporting Period with respect to the Platform
     taken as a whole.

7.   Ford Credit has not identified any material  deficiency in its policies and
     procedures  to monitor the  compliance  by the vendors with the  applicable
     servicing  criteria as of December  31, 2006 and for the  Reporting  Period
     with respect to the Platform taken as a whole.

8.   PricewaterhouseCoopers LLP, a registered public accounting firm, has issued
     an attestation  report on Ford Credit's  assessment of compliance  with the
     applicable servicing criteria for the Reporting Period.

March 16, 2007                              Ford Motor Credit Company

                                            By:  /s/ Scott R. Stewart
                                                ----------------------
                                            Scott R. Stewart
                                            Vice President - Assistant Treasurer


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                                   APPENDIX A
                          Shared Servicing Criteria(1)

------------------ -------------------------------------------- --------------------- ---------------------- --------------------
                                                                                                             Performed by
                                                                                      Performed by           Vendor(s) for
                                                                                      Vendor(s) for which    which Ford Credit
                                                                Performed Directly    Ford Credit is the     is NOT the
Reference          Criteria                                     by Ford Credit        Responsible Party(1)   Responsible Party
------------------ -------------------------------------------- --------------------- ---------------------- --------------------
------------------ -------------------------------------------- --------------------- ---------------------- --------------------
1122(d)(4)(i)      Collateral or security on pool assets is     Maintaining           Reviewing financed     Maintaining
                   maintained as required by the transaction    security on           vehicle titles for     possession of
                   agreements or related pool assets            financed vehicles     lien notation          retail installment
                                                                and obtaining                                sale contracts for
                                                                retail installment                           lien perfection
                                                                sale contracts from
                                                                dealers
------------------ -------------------------------------------- --------------------- ---------------------- --------------------
------------------ -------------------------------------------- --------------------- ---------------------- --------------------
1122(d)(4)(ii)     Pool assets and related documents are        Safeguarding of                              Safeguarding of
                   safeguarded as required by the transaction   vehicle titles and                           retail installment
                   agreements                                   documents related                            sale contracts
                                                                to retail
                                                                installment sale
                                                                contracts
------------------ -------------------------------------------- --------------------- ---------------------- --------------------
------------------ -------------------------------------------- --------------------- ---------------------- --------------------
                   Payments on pool assets, including any       Posting all           Transferring of
                   payoffs, made in accordance with the         payments on pool      obligor  payments
                   related pool asset documents are posted to   assets to Ford        received at lockbox
                   the applicable servicer's obligor records    Credit's obligor      to Ford Credit
                   maintained no more than two business days    records  within two
1122(d)(4)(iv)     after receipt, or such other number of       business days after
                   days specified in the transaction            receipt
                   agreements, and allocated to principal,
                   interest or other items (e.g., escrow) in
                   accordance with the related pool asset
                   documents
------------------ -------------------------------------------- --------------------- ---------------------- --------------------
------------------ -------------------------------------------- --------------------- ---------------------- --------------------
                   Changes with respect to the terms or         Making most           Handling some
                   status of an obligor's pool asset (e.g.,     extensions, due       inbound obligor
                   loan modifications or re-agings) are made,   date changes and      requests for
                   reviewed and approved by authorized          related changes to    extensions and due
1122(d)(4)(vi)     personnel in accordance with the             obligor's pool asset  date changes
                   transaction agreements and related pool
                   asset documents

------------------ -------------------------------------------- --------------------- ---------------------- --------------------

(1) This Appendix A is modified solely to provide clarification on vendors for which Ford Credit has elected to take responsibility
for assessing compliance with the servicing criteria applicable to each vendor. Ford Credit has determined that each of these
vendors is not considered a "servicer" as defined in Item 1101(j) of Regulation AB. Ford Credit has policies and procedures in
place designed to provide reasonable assurance that the vendor's activities comply in all material respects with the servicing
criteria applicable to the vendor.

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