**Exhibit 34.1**

 

**REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

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Tothe Board of Directors of New Holland Credit Company, LLC:

 

We have examined management’s assertion, included inthe accompanying Management’s Report on Assessment of Compliance with SECRegulation AB Servicing Criteria, that New Holland Credit Company, LLC (the “Company”)complied with the servicing criteria set forth in Item 1122(d) of theSecurities and Exchange Commission’s Regulation AB for the CNH Equipment TrustsPlatform (the “Platform”) described in the accompanying Certification RegardingCompliance with Applicable Servicing Criteria as of and for the year ended December 31,2009, excluding criteria 1122(d)(1)(iv), 1122(d)(2)(ii)(iii) and (vi), and1122(d)(4)(x)-(xiii), which management has determined are not applicable to theactivities performed by the Company with respect to the Platform.  Management is responsible for the Company’scompliance with the servicing criteria. Our responsibility is to express anopinion on management’s assertion about the Company’s compliance with theservicing criteria based on our examination.

 

Our examination was conducted in accordance withattestation standards established by the American Institute of Certified PublicAccountants, as adopted by the Public Company Accounting Oversight Board(United States) and, accordingly, included examining, on a test basis, evidenceabout the Company’s compliance with the applicable servicing criteria,including tests on a sample basis of the servicing activities related to thePlatform, determining whether the Company performed those selected activitiesin compliance with the servicing criteria during the specified period, andperforming such other procedures as we considered necessary in the circumstances.Our procedures were limited to selected servicing activities performed by theCompany during the period covered by this report and, accordingly, such samplesmay not have included servicing activities related to each asset-backedtransaction included in the Platform. Further, an examination is not designedto detect noncompliance arising from errors that may have occurred prior to theperiod specified above that may have affected the balances or amountscalculated or reported by the Company during the period covered by this report.We believe that our examination provides a reasonable basis for our opinion.Our examination does not provide a legal determination on the Company’scompliance with the servicing criteria.

 

As described in management’s assertion, forservicing criteria 1122(d)(2)(i) and 1122(d)(4)(i), the Company has engaged vendors to perform certainactivities required by these servicing criteria. The Company has determinedthat these vendors are not considered “servicers” as defined in Item 1101(j) ofRegulation AB, and the Company has elected to take responsibility for assessingcompliance with the servicing criteria applicable to these vendors as permittedby Interpretation 17.06 of the SEC Division of Corporation Finance Manual ofPublicly Available Telephone Interpretations (“Interpretation 17.06”). Aspermitted by Interpretation 17.06, the Company has asserted that it haspolicies and procedures in place designed to provide reasonable assurance thatthese vendors’ activities comply in all material respects with the servicingcriteria applicable to these vendors. The Company is solely responsible fordetermining that it meets the SEC requirements to apply Interpretation 17.06for these vendors and related criteria as described in its assertion, and weperformed no procedures with respect to the Company’s determination of itseligibility to use Interpretation 17.06.

 

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Inour opinion, management’s assertion that the Company complied with theaforementioned applicable servicing criteria as of and for the year ended December 31,2009 for the Platform is fairly stated, in all material respects.

 

/s/ DELOITTE & TOUCHE LLP

 

Milwaukee,Wisconsin

March 26,2010

 

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