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Exhibit 99.1

INDEPENDENT ACCOUNTANTS REPORT

Board of Directors
Nissan Motor Acceptance Corporation

We have examined managements assertion that Nissan Motor Acceptance
Corporation (the Company) has complied as of March 31, 2003 and for the
period from April 17, 2002 (commencement of operations) to March 31, 2003 with
its established minimum servicing standards described in the accompanying
Managements Assertion, dated June 6, 2003, relating to automobile loans
serviced by the Company for the Nissan Auto Receivables 2002-B Owner Trust.
Management is responsible for the Companys compliance with those minimum
servicing standards. Our responsibility is to express an opinion on
managements assertion about the Companys compliance based on our examination.

Our examination was conducted in accordance with attestation standards
established by the American Institute of Certified Public Accountants and,
accordingly, included examining, on a test basis, evidence about the Companys
compliance with its minimum servicing standards and performing such other
procedures as we considered necessary in the circumstances. 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 its
minimum servicing standards.

In our opinion, managements assertion that the Company complied with the
aforementioned minimum servicing standards relating to automobile loans
serviced by the Company for the Nissan Auto Receivables 2002-B Owner Trust as
of March 31, 2003 and for the period from April 17, 2002 (commencement of
operations) to March 31, 2003 is fairly stated, in all material respects, based
on the criteria set forth in Appendix I.

/s/ Deloitte & Touche LLP

Costa Mesa, California

June 6, 2003





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MANAGEMENTS ASSERTION

June 6, 2003

Deloitte & Touche LLP
695 Town Center Drive, Suite 1200
Costa Mesa, CA 92626

As of March 31, 2003 and for the period from April 17, 2002 (commencement of
operations) to March 31, 2003, Nissan Motor Acceptance Corporation (the
Company) has complied, in all material respects, with the Companys
established minimum servicing standards relating to automobile loans serviced
by the Company for the Nissan Auto Receivables 2002-B Owner Trust as set forth
in Appendix I (the Standards). The Standards are based on the Mortgage
Bankers Association of Americas Uniform Single Attestation Program for
Mortgage Bankers, modified to address the unique characteristics of servicing
automobile loans.

|                                                                   
|-------------------------------------------------------------------
|/s/   Steve Lambert
Steve Lambert - President                      
|                                                                   
|/s/   Joji Tagawa
Joji Tagawa - Treasurer                          
|                                                                   
|/s/  Anthony Wall
Anthony Wall - Director, Accounting and Reporting





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APPENDIX I


NISSAN MOTOR ACCEPTANCE CORPORATIONS MINIMUM SERVICING STANDARDS FOR
AUTOMOBILE LOANS



|I. |  | CUSTODIAL BANK ACCOUNTS
|-- |  | -----------------------



| | 1. |  | Reconciliations shall be prepared on a monthly basis for all
custodial bank accounts and related bank clearing accounts. These
reconciliations shall:
| | -- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------



| |  |  | be mathematically accurate;                                                                                                                              
| | - |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------
|
| |  |  | be prepared within forty-five (45) calendar days after the cutoff date;                                                                                  
|
| |  |  | be reviewed and approved by someone other than
the person who prepared the reconciliation; and                                                           
|
| |  |  | document explanations for reconciling items.
These reconciling items shall be resolved within ninety (90)
calendar days of their original identification.



| | 2. |  | Funds of the servicing entity shall be advanced as specified
in the servicing agreement in cases where there is an overdraft in
an investors or a borrowers account and an advance is specified in
the investors servicing agreement.
| | -- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | 3. |  | Each custodial account shall be maintained at a federally
insured depository institution in trust for the applicable investor.                                                                                                          



|II. |  | PAYMENTS
|--- |  | --------



| | 1. |  | Payments shall be deposited into the custodial bank accounts
and related bank clearing accounts within two business days of
receipt.                               
| | -- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | 2. |  | Payments made in accordance with the borrowers automobile
loan documents shall be posted to the applicable borrowers records
within two business days of receipt.
|
| | 3. |  | Payments shall be allocated to principal, interest or other
items in accordance with the borrowers automobile loan documents.                                     
|
| | 4. |  | Payments identified as payoffs shall be allocated in
accordance with the borrowers automobile loan documents.                                                     



|III. |  | DISBURSEMENTS
|---- |  | -------------



| | 1. |  | Disbursements made via wire transfer on behalf of a borrower
or investor shall be made only by authorized personnel.
| | -- |  | --------------------------------------------------------------------------------------------------------------------





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| | 2. |  | Disbursements made on behalf of a borrower or investor shall
be posted within two business days to the borrowers or investors
records maintained by the servicing entity.
| | -- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | 3. |  | Amounts remitted to investors per the servicers investor
reports shall agree with canceled checks, or other form of payment,
or custodial bank statements.                



|IV. |  | INVESTOR ACCOUNTING AND REPORTING
|--- |  | ---------------------------------



| | 1. |  | Monthly investor reports are sent to the indenture trustee on
a monthly basis listing the total unpaid principal balance and
number of automobile loans serviced.
| | -- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------



|V. |  | AUTOMOBILE LOAN ACCOUNTING
|-- |  | --------------------------



| | 1. |  | The servicing entitys automobile loan records shall agree
with, or reconcile to, the records of borrower with respect to the
unpaid principal balance on a monthly basis.
| | -- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|VI. |  | DELINQUENCIES
|--- |  | -------------



| | 1. |  | Records documenting collection efforts shall be maintained
during the period an automobile loan is in default and shall be
updated at least monthly. Such records shall describe the entitys
activities in monitoring delinquent automobile loans including, for
example, phone calls, letters and payment rescheduling plans in
cases where the delinquency is deemed temporary (e.g., illness or
unemployment).
| | -- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------