Exhibit
34.1





Report of Independent
Registered Public Accounting Firm





The Board
of Directors


Hyundai
Capital America:





We have
examined management’s assessment, included in the accompanying Management’s
Assertion on Compliance with Regulation AB Criteria (Management’s Assessment),
that Hyundai Capital America (the Company) complied with the servicing
criteria set forth in Item 1122(d) of the Securities and Exchange
Commission’s (SEC) Regulation AB relating to the servicing of auto receivable
backed security transactions serviced by the Company issued on or after
January 1, 2006 (the Platform), except for servicing
criteria 1122(d)(1)(iii)-(iv), 1122(d)(2)(iv), 1122(d)(3)(iii)-(iv),
1122(d)(4)(ix)-(xiii), and 1122(d)(4)(xv), which the Company has determined are
not applicable to the activities it performs with respect to the Platform, as of
and for the year ended December 31, 2009. With respect to applicable
servicing criteria 1122(d)(2)(iii) and 1122(d)(4)(iii), Management’s
Assessment indicates that there were no activities performed during the year
ended December 31, 2009 with respect to the Platform, because there were no
occurrences of events that would require the Company to perform activities.
Management is responsible for the Company’s compliance with the servicing
criteria. Our responsibility is to express an opinion on management’s assessment
about the Company’s compliance based on our examination.





Our
examination was conducted in accordance with the standards of the Public Company
Accounting Oversight Board (United States) and, accordingly, included examining,
on a test basis, evidence about the Company’s compliance with the servicing
criteria specified above and performing such other procedures as we considered
necessary in the circumstances. Our examination included testing selected
asset-backed transactions and securities that comprise the Platform, testing
selected servicing activities related to the Platform, and determining whether
the Company processed those selected transactions and performed those selected
activities in compliance with the servicing criteria. Furthermore, our
procedures were limited to the selected transactions and servicing activities
performed by the Company during the period covered by this report. Our
procedures were not designed to determine whether errors may have occurred
either prior to or subsequent to our tests that may have affected the balances
or amounts calculated or reported by the Company during the period covered by
this report for the selected transactions or any other transactions. We believe
that our examination provides a reasonable basis for our opinion. Our
examination does not provide a legal determination on the Company’s compliance
with the servicing criteria.





As
described in the accompanying Management’s Assessment, for servicing
criteria 1122(d)(2)(i) and 1122(d)(4)(iv), the Company has engaged a vendor
(the Vendor) to perform specific, limited, or scripted activities required
by these servicing criteria. The Company has determined that the Vendor is not
considered a “servicer” as defined in Item 1101(j) of Regulation AB, and
the Company has elected to take responsibility for assessing compliance with the
servicing criteria applicable to the Vendor as permitted by
Interpretation 17.06 of the SEC Division of Corporation Finance Manual of
Publicly Available Telephone Interpretations (Interpretation 17.06). As
permitted by Interpretation 17.06, the Company has asserted that it has
policies and procedures in place designed to provide reasonable assurance that
the Vendor activities comply in all material respects with the servicing
criteria applicable to the Vendor. The Company is solely responsible for
determining that it meets the SEC requirements to apply
Interpretation 17.06 for the Vendor and related criteria as described in
its assertion, and we performed no procedures with respect to the Company’s
eligibility to apply Interpretation 17.06.










In our
opinion, management’s assessment that Hyundai Capital America complied with the
aforementioned servicing criteria, including servicing
criteria 1122(d)(2)(i) and 1122(d)(4)(iv), for which compliance is
determined based on Interpretation 17.06 as described above, is fairly
stated as of and for the year ended December 31, 2009, in all material
respects.










/s/ KPMG
LLP







Los
Angeles, California


March 23,
2010