EXHIBIT 31.1

CERTIFICATION
PURSUANT TO RULE 15d-14(d) OFTHE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

I, Mark A. Carlson, certify that:

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| | 1. | I have reviewed this
  report on Form 10-K and all reports on Form 10-D required to be filed in
  respect of the period covered by this report on Form 10-K of CIT Equipment
  Collateral 2006-VT1 (the Exchange Act periodic reports);                                                                                                                                                                                                                                                                                                                                                
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| | 2. | Based on my knowledge,
  the Exchange Act periodic reports, taken as a whole, do not contain any
  untrue statement of a material fact or omit to state a material fact
  necessary to make the statements made, in light of the circumstances under
  which such statements were made, not misleading with respect to the period
  covered by this report;                                                                                                                                                                                                                              
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| | 3. | Based on my knowledge,
  all of the distribution, servicing and other information required to be
  provided under Form 10-D for the period covered by this report is included in
  the Exchange Act periodic reports;                                                                                                                                                                                                                                                                                                                                                                    
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| | 4. | Based on my knowledge
  and the servicer compliance statements required in this report under Item 1123
  of Regulation AB, and except as disclosed in the Exchange Act periodic
  reports, the servicers have fulfilled their obligations under the servicing
  agreements in all material respects; and                                                                                                                                                                                                                                                                                 
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| | 5. | All of the reports on
  assessment of compliance with servicing criteria for asset-backed securities
  and their related attestation reports on assessment of compliance with
  servicing criteria for asset-backed securities, required to be included in
  this report in accordance with Item 1122 of Regulation AB and Exchange Act
  Rules 13a-18 and 15d-18 have been included as an exhibit to this report,
  except as otherwise disclosed in this report. Any material instances of
  noncompliance described in such reports have been disclosed in this report on
  Form 10-K.
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| |    | In giving the
  certifications above, I have reasonably relied on information provided to me
  by the following unaffiliated parties: Dell Financial Services L.P., a
  subservicer, DFS-SPV L.P., a subservicer, and The Bank of New York, the
  indenture trustee.                                                                                                                                                                                                                                                                                                                     

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| | -------------------
| | Date: April 2, 2007

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| | --------------------------------------------------------------------------------------------- | 
| | /s/ Mark A. Carlson                                                                           | 
| |                                                                                               | 
| | Mark A. CarlsonSenior Vice President  Corporate TreasuryCIT Financial USA, Inc., as Servicer | 

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