`Wachovia Auto Owner Trust
Series 2004-B
2004 Annual Statement to Securityholders
Distribution Summary



                                              Original         Beginning                                                   Current                        Ending
                               Certificate  Certificate        Certificate                                                 Realized     Total            Certificate
     Class             Cusip      Rate        Balance           Balance                Interest         Principal           Loss      Distribution        Balance
       A-1           92975UAG6 1.812500%      252,000,000.00   252,000,000.00           1,119,319.46    117,192,516.72           0.00 118,311,836.18     134,807,483.28
Factors per Thousand                                                1000.00000000            4.44174389       465.04966952                  469.49141341       534.95033048

       A-2           92975UAH4 2.400000%      248,000,000.00   248,000,000.00           1,669,866.67                0.00         0.00   1,669,866.67     248,000,000.00
Factors per Thousand                                                1000.00000000            6.73333335         0.00000000                    6.73333335      1000.00000000

       A-3           92975UAJ0 2.910000%      305,000,000.00   305,000,000.00           2,490,070.83                0.00         0.00   2,490,070.83     305,000,000.00
Factors per Thousand                                                1000.00000000            8.16416666         0.00000000                    8.16416666      1000.00000000

       A-4           92975UAK7 3.440000%      130,000,000.00   130,000,000.00           1,254,644.45                0.00         0.00   1,254,644.45     130,000,000.00
Factors per Thousand                                                1000.00000000            9.65111115         0.00000000                    9.65111115      1000.00000000

         B           92975UAL5 2.860000%       40,000,000.00    40,000,000.00             320,955.55                0.00         0.00     320,955.55      40,000,000.00
Factors per Thousand                                                1000.00000000            8.02388875         0.00000000                    8.02388875      1000.00000000

         C           92975UAM3 3.170000%       25,000,000.00    25,000,000.00             222,340.28                0.00         0.00     222,340.28      25,000,000.00
Factors per Thousand                                                1000.00000000            8.89361120         0.00000000                    8.89361120      1000.00000000

Certificates            n/a    0.000000%                0.00               0.00             8,628.61                0.00         0.00       8,628.61                 0.00




Totals                                      1,000,000,000.00 1,000,000,000.00           7,085,825.85    117,192,516.72           0.00 124,278,342.57     882,807,483.28



- Page 1 -
- Unaudited -


























                      Collateral Information


                           Periodic Information
Beginning Collateral Balance                      1,007,556,757.26
Ending Collateral Balance                          895,452,116.40
Beginning Number of Loans                             71,183
Ending Number of Loans                                68,605
Number of Loans Paying Off                             2,578
Cumulative Realized Losses                          206,830.15
WAC                                                   6.108%
WAM                                                      49




                           Original Information
Collateral Balance                                1,007,556,757.26
Number of Loans                                       72,279




Delinquent:
30 Days                                               2,796,571.49
60 Days                                                 467,192.68
90 + Days                                               216,227.82
Total                                                 3,479,991.99




                                 - Page 2 -
                               - Unaudited -




























            Additional Account Activity


                      Reserve Account
Beginning Balance                        5,037,783.38
Interest Earnings                           8,628.61
Deposits                                        0.00
Draw                                            0.00
To Certificateholders                       8,628.61
Ending Balance                           5,037,783.38




                          - Page 3 -
                        - Unaudited -`