**REPORT
                OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
                FIRM**




Board
      of
      Directors of


Nissan
      Motor Acceptance Corporation and Subsidiaries:




We
      have
      examined Nissan Motor Acceptance Corporation and subsidiaries’ (collectively,
      the “Company”) compliance with the servicing criteria (the “Servicing Criteria”)
      set forth in Item 1122 (d) of the Securities and Exchange Commission’s
      Regulation AB for the Company’s asset-backed securities transactions involving
      motor vehicle retail installment sale contracts and lease contracts serviced
      by
      the Company and included in public securitizations during 2006 and 2007 to
      date
      (the “Platform”) described in the accompanying Management’s Report on Assessment
      of Compliance with SEC Regulation AB Servicing Criteria as of and for the year
      ended March 31, 2007, excluding criteria 1122 (d)(1)(iii), 1122 (d)(1)(iv),
      1122 (d)(2)(vi), 1122 (d)(4)(ix) and 1122 (d)(4)(x), which management has
      determined are not applicable to the activities performed by the Company with
      respect to the Platform.  Management is responsible for the Company’s
      compliance with the Servicing Criteria. Our responsibility is to express an
      opinion on the Company’s compliance with the Servicing Criteria based on our
      examination.






Our
      examination was conducted in accordance with attestation standards established
      by the American Institute of Certified Public Accountants, as adopted by the
      Public Company Accounting Oversight Board (United States) and, accordingly,
      included examining, on a test basis, evidence about the Company’s compliance
      with the applicable Servicing Criteria, including tests on a sample basis of
      the
      servicing activities related to the Platform, determining whether the Company
      performed those selected activities in compliance with the Servicing Criteria
      during the specified period, and performing such other procedures as we
      considered necessary in the circumstances.  Our procedures were
      limited to selected servicing activities performed by the Company during the
      period covered by this report and, accordingly, such samples may not have
      included servicing activities related to each specific asset-backed transaction
      included in the Platform.  Further, an examination is not designed to
      detect noncompliance arising from errors that may have occurred prior to the
      period specified above that may have affected the balances or amounts calculated
      and 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’s compliance with the Servicing
      Criteria.






Our
      examination disclosed the following material noncompliance with 1122 (d)(2)(i)
      applicable to the Company during the year ended March 31, 2007.  The
      material noncompliance resulted from four payments on pool assets being
      deposited into the respective custodial bank accounts later than the period
      specified in the related transaction agreement.









In
      our
      opinion, except for the material instance of noncompliance described in the
      preceding paragraph, the Company complied with the aforementioned applicable
      Servicing Criteria as of and for the year ended March 31, 2007, for the
      Platform, in all material respects.






/s/  DELOITTE
      & TOUCHE LLP




Nashville,
      Tennessee


June
      28,
      2007