**Exhibit 99.1**

 

|                                             |   |           |   |
|--------------------------------------------------|--------|----------------|--------|
| **Capital One Auto Finance Trust 2004-A**        |   |           |   |
| Aggregate Data for year ended December 31,  2004 |   |           |   |
|                                             |   |           |   |
| Defaults                                         |   | 12,826,359.72  |   |
| Total Collections                                |   | 303,914,887.96 |   |
| Scheduled and Prepayment Principal Received      |   | 216,566,046.80 |   |
| Collection of Interest and Fees                  |   | 80,619,402.80  |   |
| Annual Servicing Fee Paid                        |   | 16,260,752.90  |   |
| Class A Investor Charge-Offs                     |   | 0.00           |   |
|                                             |   |           |   |

 

----

 

**CapitalOne Auto Finance Trust 2004-A**

**AutomobileReceivable - Backed Notes**

ClassA-1 Note 1.21000% Asset-Backed Notes

ClassA-2 Note 2.22000% Asset-Backed Notes

ClassA-3 Note 3.07000% Asset-Backed Notes

ClassA-4 Note LIBOR + 0.10000% Asset-Backed Notes

 

**PreliminaryServicer’s Certificate**

 
| Monthly  Period Beginning:     | 12/01/2004 | ** ** | ** **           | ** ** |              |              | **Original  Pool Balance** |
|--------------------------------|------------|------------|----------------------|------------|-------------------|-------------------|----------------------------|
| Monthly  Period Ending:        | 12/31/2004 | ** ** | **Purchases**        | **Units**  | **Cut-off  Date** | **Closing  Date** |
| Prev.  Distribution/Close Date | 12/15/2004 |       | **Initial Purchase** | 67,616     | 5/19/2004         | 5/25/2004         | 1,149,631,256.37           |
| Distribution  Date:            | 01/18/2005 |       | **Sub Purchase #1**  | 0          |              |              | 0.00                       |
| Days in  Interest Period:      | 34         |       | **Sub Purchase #2**  | 0          |              |              | 0.00                       |
| Days in  Collection Period:    | 31         |       | **Sub Purchase #3**  | 0          |              |              | 0.00                       |
| Months  Seasoned:              | 7          |       | **Total**       | 67,616     |              |              | 1,149,631,256.37           |

 
| **I.**   | **MONTHLY PERIOD RECEIVABLES PRINCIPAL  BALANCE CALCULATION:** |
|----------|----------------------------------------------------------------|
|     |                                                           |
| **{1}**  | Beginning  of Period Aggregate Principal Balance               | **{1}** |   |   | 951,962,861.20 |
| **{2}**  | Purchase  of Subsequent Receivables                            | **{2}** |   |   | 0.00 |
|     | Monthly  Principal Amounts                                     |   |   |   |   |
|     | **{3}**                                                        | Regular  Principal Received | **{3}** | 15,124,358.76 |   |   |
|     | **{4}**                                                        | Prepaid  Principal Received | **{4}** | 14,251,230.99 |   |   |
|     | **{5}**                                                        | Defaulted  Receivables | **{5}** | 3,351,775.39 |   |   |
|     | **{6}**                                                        | Principal  Portion of Repurchased Receivables | **{6}** | 0.00 |   |   |
|     | **{7}**                                                        | Cram  Down Losses and other non-cash adjustments | **{7}** | 39,354.75 |   |   |
|     | **{8}**                                                        | Total  Monthly Principal Amounts | **{8}** |   |   | 32,766,719.89 |
| **{9}**  | End of  Period Aggregate Receivables Balance                   | **{9}** |   |   | 919,196,141.31 |
| **{10}** | Pool  Factor ({9} / Original Pool Balance)                | **{10}** |   |   | **0.7996** |

 
| **II.**  | **MONTHLY PERIOD NOTE BALANCE  CALCULATION:** |           |           |           |           |
|----------|-----------------------------------------------|----------------|----------------|----------------|----------------|
|     | ** **                                    |           |           |           |           |   |
|     | ** **                                    | **Class  A-1** | **Class  A-2** | **Class  A-3** | **Class  A-4** | **Total** |
| **{11}** | Original Note Balance                         | **{11}**       | 155,000,000.00 | 375,000,000.00 | 165,000,000.00 | 305,000,000.00 | 1,000,000,000.00 |
| **{12}** | Beginning of Period Note Balance              | **{12}**       | 0.00           | 329,648,803.41 | 165,000,000.00 | 305,000,000.00 | 799,648,803.41 |
| **{13}** | First Allocation of  Principal                | **{13}**       | 0.00           | 0.00           | 0.00           | 0.00 | 0.00 |
| **{14}** | Second Allocation of  Principal               | **{14}**       | 0.00           | 27,524,044.71  | 0.00           | 0.00 | 27,524,044.71 |
| **{15}** | Optional Note Redemption Amount               | **{15}**       | 0.00           | 0.00           | 0.00           | 0.00 | 0.00 |
| **{16}** | End of Period Note Balance                    | **{16}**       | 0.00           | 302,124,758.70 | 165,000,000.00 | 305,000,000.00 | 772,124,758.70 |
| **{17}** | Note Pool Factors ({16} /  {11})              | **{17}**       | 0.0000         | 0.8057         | 1.0000         | 1.0000 | 0.7721 |
| **{18}** | Principal Payment Per  $1,000                 | **{18}**       | 0.00           | 73.40          | 0.00           | 0.00 | 27.52 |

 
| **III.** | **RECONCILIATION OF PRE-FUNDING  ACCOUNT:**        |     |   |   |
|----------|----------------------------------------------------|----------|--------|--------|
|     |                                               |     |   |   |
| **{19}** | Beginning of Period Pre-Funding Account Balance    | **{19}** |   | 0.00   |
| **{20}** | Purchase of Subsequent  Receivables                | **{20}** | 0.00   |   |
| **{21}** | Investment Earnings                                | **{21}** | 0.00   |   |
| **{22}** | Investment Earning  Transfer to Collection Account | **{22}** | 0.00   |   |
| **{23}** | Payment of Mandatory  Prepayment Amount            | **{23}** | 0.00   |   |
| **{24}** | End of Period Pre-Funding Account Balance          | **{24}** |   | 0.00   |

 

1

----

 
|     | **IV.**                                                                     | **RECONCILIATION OF COLLECTION  ACCOUNT:**       |                           |                                 |               |
|----------|-----------------------------------------------------------------------------|--------------------------------------------------|--------------------------------|--------------------------------------|--------------------|
|     | ** **                                                                  |                                             |                           |                                 |
|     | **Available Funds:**                                                        |                                             |                           |                                 |
|     | **{25}**                                                                    | Scheduled and Prepayment Principal Cash Received | **{25}**                       | 29,375,589.75                        |               |
|     | **{26}**                                                                    | Liquidation Proceeds Collected During Period     | **{26}**                       | 1,342,841.74                         |               |
|     | **{27}**                                                                    | Receivables Repurchase Amounts                   | **{27}**                       | 0.00                                 |               |
|     | **{28}**                                                                    | Interest Collected on  Receivables               | **{28}**                       | 9,796,213.77                         |               |
|     | **{29}**                                                                    | Swap Termination Account                         | **{29}**                       | 0.00                                 |               |
|     | **{30}**                                                                    | Return of Excess Deposit - Prefunding Account    | **{30}**                       | 0.00                                 |               |
|     | **{31}**                                                                    | Advances from the Reserve Fund                   | **{31}**                       | 0.00                                 |               |
|     | **{32}**                                                                    | Release from Reserve Fund  Account               | **{32}**                       | 0.00                                 |               |
|     |                                                                        | Investment Earnings on Trust Accounts            |                           |                                 |               |
|     | **{33}**                                                                    | Collection Account                               | **{33}**                       | 57,114.60                            |               |
|     | **{34}**                                                                    | Transfer from Reserve  Fund                      | **{34}**                       | 37,046.99                            |               |
|     | **{35}**                                                                    | Transfer from  Pre-Funding Account               | **{35}**                       | 0.00                                 |               |
|     | **{36}**                                                                    | Net Swap Receipts                                | **{36}**                       | 0.00                                 |               |
|     | **{37}**                                                                    | Optional Note Redemption Prepayment Amount       | **{37}**                       | 0.00                                 |               |
|     | **{38}**                                                                    | Total Available Funds                            | **{38}**                       |                                 | 40,608,806.85      |
|     |                                                                        |                                             |                           |                                 |               |
|     | **Distributions:**                                                          |                                             |                           |                                 |
|     | **{39}**                                                                    | Trustee Fees                                     | **{39}**                       | 0.00                                 |               |
|     |                                                                        | Servicing Fees                                   |                           |                                 |               |
|     |                                                                        | **Calculated  Fee**                              | **Carryover  Shortfall**       | **Change  from  Prior Period**       | **Total  Fee Due** |   |   |   |   |   |
|     | **{40}**                                                                    | 1,983,255.96                                     | 0.00                           | 0.00                                 | 1,983,255.96       |   |   | **{40}** | 1,983,255.96 |   |
|     | **{41}**                                                                    | Net Swap Payments                                | **{41}**                       | 250,057.64                           |               |
|     |                                                                        |                                             |                           |                                 |               |
|     |                                                                        | Class A Noteholders’ Accrued Note Interest  |                           |                                 |               |
|     |                                                                        | **Class**                                        | **Beginning  Note Balance**    | **Interest  Rate**                   | **Days**           | **Day  Count  Basis** | **Calculated  Interest** | **Coupon  Pmt.  Per $1,000** |   |   |   |
|     | **{42}**                                                                    | Class A-1 Note                                   | 0.00                           | 1.21000%                             | 34                 | Actual/360 | 0.00 | 0.00 | **{42}** | 0.00 |   |
|     | **{43}**                                                                    | Class A-2 Note                                   | 329,648,803.41                 | 2.22000%                             | 30                 | 30/360 | 609,850.29 | 1.63 | **{43}** | 609,850.29 |   |
|     | **{44}**                                                                    | Class A-3 Note                                   | 165,000,000.00                 | 3.07000%                             | 30                 | 30/360 | 422,125.00 | 2.56 | **{44}** | 422,125.00 |   |
|     | **{45}**                                                                    | Class A-4 Note                                   | 305,000,000.00                 | LIBOR + 0.10000%                     | 34                 | Actual/360 | 720,859.03 | 2.36 | **{45}** | 720,859.03 |   |
|     |                                                                        |                                             |                           |                                 |
|     | Class A Noteholders’ Accrued Note Interest                             |                                             |                           |                                 |
|     | **Class**                                                                   | **Carryover  Shortfall**                         | **Change  from  Prior Period** | **Carryover  Shortfall  Per $1,000** |               |   |   |   |
| **{46}** | Class A-1 Note                                                              | 0.00                                             | 0.00                           | 0.00                                 |               | **{46}** | 0.00 |   |
| **{47}** | Class A-2 Note                                                              | 0.00                                             | 0.00                           | 0.00                                 |               | **{47}** | 0.00 |   |
| **{48}** | Class A-3 Note                                                              | 0.00                                             | 0.00                           | 0.00                                 |               | **{48}** | 0.00 |   |
| **{49}** | Class A-4 Note                                                              | 0.00                                             | 0.00                           | 0.00                                 |               | **{49}** | 0.00 |   |
| **{50}** | Note Insurer Premium *and*Certain Reimbursement Obligations                 |                                             |                           | **{50}**                             | 133,274.80         |   |
| **{51}** | First Allocation of Principal                                               |                                             |                           | **{51}**                             | 0.00               |   |
| **{52}** | Accrued and Unpaid Premium  and Reimbursement Obligations, due Note Insurer |                                             | **{52}**                       | 0.00                                 |               |
| **{53}** | Second Allocation of  Principal                                             |                                             |                           | **{53}**                             | 27,524,044.71      |   |
| **{54}** | Deposit to Reserve Account,  to Required Level                              |                                             | **{54}**                       | 0.00                                 |               |
| **{55}** | Swap Termination Payments                                                   |                                             |                           | **{55}**                             | 0.00               |   |
| **{56}** | Other Amounts Due to the  Trustees                                          |                                             |                           | **{56}**                             | 0.00               |   |
| **{57}** | Optional Note Redemption  Prepayment Amount / EOD Prin Pay                  |                                             |                           | **{57}**                             | 0.00               |   |
| **{58}** | Distribution to the Equity  Certificate Holder                              |                                             |                           | **{58}**                             | 8,965,339.42       |   |
| **{59}** | Total Distributions                                                         |                                             |                           | **{59}**                             |               | 40,608,806.85 |
|          |                                                                             |                                                  |                                |                                      |                    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

 

2

----

 
| **V.**     | **RECONCILIATION OF RESERVE ACCOUNT:**               |                                |     |          |
|------------|------------------------------------------------------|-------------------------------------|----------|---------------|
| ** ** | ** **                                           | ** **                          |     |          |
| **{60}**   | **Beginning of Period Reserve Account  balance**     | **{60}**                            |     | 22,992,625.13 |
| **{61}**   | Deposits to Reserve Account - Subsequent Fundings    | **{61}**                            |     | 0.00          |
| **{62}**   | **Subtotal**                                         | **{62}**                            |     | 22,992,625.13 |
|       | **{63}**                                             | Reserve Account Requirement         | **{63}** | 22,992,625.13 |   |
|       | **{64}**                                             | Reserve Acount Shortfall / (Excess) | **{64}** | 0.00          |   |
| **{65}**   | Deposit to Reserve Fund, to Required Level           | **{65}**                            |     | 0.00          |
| **{66}**   | Release from Reserve  Account                        | **{66}**                            |     | 0.00          |
| **{67}**   | **End of  Period Reserve Account Balance**           | **{67}**                            |     | 22,992,625.13 |
| **{68}**   | Change  in Reserve Account Balance from Prior Period | **{68}**                            |     | 0.00          |
| **{69}**   | EOP Shortfall                                        | **{69}**                            |     | 0.00          |

 

 

IN WITNESS WHEREOF, theundersigned has duly executed and delivered this Monthly Servicer’s Report asdated below.

 

OFFICERS'CERTIFICATE

 

The undersigned herebycertifies that (i) he or she is an Authorized Officer of Capital One AutoFinance, Inc. (the “Servicer”), and (ii) Exhibit A hereto complies with therequirements of, and is being delivered pursuant to, the Servicing Agreementdated as of May 25, 2004 by and among Capital One Auto Receivables, LLC, asSeller, Capital One Auto Finance, Inc., as Servicer, Capital One Auto FinanceTrust 2004-A, as Issuer, and JPMorgan Chase Bank, as Indenture Trustee.

 

CAPITAL ONE AUTO FINANCE,INC.

Capital One Auto Finance,Inc., as Servicer

 
| By:    | /s/ Rena Friske          |   |   |   |   |
|--------|--------------------------|--------|--------|--------|--------|
| Name:  | Rena Friske              |   |   |   |
| Title: | Assistant Vice President |   |   |   |
| Date:  | 01/12/2005               |   |   |   |

 

3

----

 

**Exhibit A**

 

**Capital One Auto Finance Trust 2004-A**

**Automobile Receivable - Backed Notes**

Class A-1 Note 1.21000% Asset-Backed Notes

Class A-2 Note 2.22000% Asset-Backed Notes

Class A-3 Note 3.07000% Asset-Backed Notes

Class A-4 Note LIBOR + 0.10000% Asset-Backed Notes

 

**Servicer’s Certificate**

 

**Monthly Period Ending 12/31/2004Distribution Date 01/18/2005**

 
| **I.**  | **MONTHLY PERIOD NOTE BALANCE  CALCULATION:** |           |           |           |           |           |
|---------|-----------------------------------------------|----------------|----------------|----------------|----------------|----------------|
|    |                                          |           |           |           |           |           |
|    |                                          | **Class  A-1** | **Class  A-2** | **Class  A-3** | **Class  A-4** | **Total**      |
| **{1}** | Original Note Balance                         | **{1}**        | 155,000,000.00 | 375,000,000.00 | 165,000,000.00 | 305,000,000.00 | 1,000,000,000.00 |
|    |                                          |           |           |           |           |           |
| **{2}** | Beginning of Period Note Balance              | **{2}**        | 0.00           | 329,648,803.41 | 165,000,000.00 | 305,000,000.00 | 799,648,803.41 |
|    |                                          |           |           |           |           |           |
| **{3}** | End of Period Note Balance                    | **{3}**        | 0.00           | 302,124,758.70 | 165,000,000.00 | 305,000,000.00 | 772,124,758.70 |
|    |                                          |           |           |           |           |           |
| **{4}** | Note Pool Factors ({3} / {1})                 | **{4}**        | 0.0000         | 0.8057         | 1.0000         | 1.0000         | 0.7721 |

 
| **II.**  | **MONTHLY PERIOD AND CUMULATIVE NUMBER  OF RECEIVABLES CALCULATION:** |   |   |    |
|----------|-----------------------------------------------------------------------|--------|--------|---------|
|     |                                                                  |   |   |    |   |   |   |   |   |   |   |   |   |
|     |                                                                  |   |   |    |   |   |   |   |   |   |   | **Cumulative** | **Period** |
| **{5}**  | Beginning Number of Receivables                                       |   |   |    | **{5}** | 67,616 | 60,680 |
| **{6}**  | Number of Subsequent Receivables Purchased                            |   |   |    | **{6}** | 0 | 0 |
| **{7}**  | Number of Receivables Defaulted During Period                         |   |   | **{7}** | 846 | 223 |
| **{8}**  | Number of Receivables Becoming Purchased Receivables  During Period   |   |   | **{8}** | 43 | 0 |
| **{9}**  | Number of Receivables Paid Off During Period                          |   |   |    | **{9}** | 7,335 | 1,065 |
| **{10}** | Ending Number of Receivables                                          |   |   |    | **{10}** | 59,392 | 59,392 |

 
| **III.** | **STATISTICAL DATA (CURRENT AND  HISTORICAL)**     |     |      |      |      |
|----------|----------------------------------------------------|----------|-----------|-----------|-----------|
|     |                                               |     |      |      |      |   |   |   |   |   |   |
|     |                                               |     |      |      |      |   |   |   | **Original** | **Prev. Month** | **Current** |
| **{11}** | Weighted Average APR of the Receivables            | **{11}** | 12.58%    | 12.57%    | 12.57%    |
| **{12}** | Weighted Average Remaining Term of the Receivables | **{12}** | 61.24     | 56.05     | 55.17     |
| **{13}** | Weighted Average Original Term of Receivables      | **{13}** | 65.09     | 65.09     | 65.09     |
| **{14}** | Average Receivable Balance                         | **{14}** | 17,002.36 | 15,688.25 | 15,476.77 |

 
| **IV.**                                       | **DELINQUENCY**                                                                       |      |        |           |   |
|-----------------------------------------------|---------------------------------------------------------------------------------------|-----------|-------------|----------------|--------|
|                                          |                                                                                  |      |        |           |   |   |   |   |   |   |   |   |   |
| Receivables with Scheduled Payment Delinquent |                                                                                  | **Units** | **Dollars** | **Percentage** |
| **{15}**                                      | 30-60 days                                                                            | **{15}**  | 2,089       | 32,416,291.77  | 3.41%  |
| **{16}**                                      | 61-90 days                                                                            | **{16}**  | 548         | 8,804,204.04   | 0.92%  |
| **{17}**                                      | 91-120 days                                                                           | **{17}**  | 155         | 2,423,157.71   | 0.25%  |
| **{18}**                                      | Receivables with Scheduled Payment Delinquent More  Than 60 Days at the End of Period | **{18}**  | 703         | 11,227,361.75  | 1.18%  |
|                                               |                                                                                       |           |             |                |        |  |  |  |  |  |  |  |  |

 

4

----

 
| **V.** | **PERFORMANCE TESTS:** |
|--------|------------------------|

 
| **Delinquency Ratio:** |                                                                                                                           |     |           |
|------------------------|--------------------------------------------------------------------------------------------------------------------------------|----------|----------------|
| ** **             |                                                                                                                           |     |           |
| **{19}**               | Receivables with Scheduled Payment Delinquent More Than 61 Days at the  End of Period ( line {18})                             | **{19}** | 11,227,361.75  |   |
| **{20}**               | Beginning of Period Principal Balance                                                                                          | **{20}** | 951,962,861.20 |   |
| **{21}**               | Delinquency Ratio ({16} + {17} divided by {20})                                                                                | **{21}** |           | 1.18% |
| **{22}**               | Previous Monthly Period Delinquency Ratio                                                                                      | **{22}** |           | 1.08% |
| **{23}**               | Second Previous Monthly Period Delinquency Ratio                                                                               | **{23}** |           | 0.92% |
| **{24}**               | 3 Month Average Delinquency Ratio (({21} + {22} +{23}) / 3)                                                                    | **{24}** |           | 1.06% |
|                   |                                                                                                                           |     |           |   |   |
|                   |                                                                                                                           |     |           |   |   |
|                   | Compliance with Reserve  Account Increase Condition Trigger? Three Month Average Delinquency Ratio for  Period 7 < 7.00%?   |     | **Yes**        |   |
|                   |                                                                                                                           |     | ** **     |   |
|                   | Is there a Reserve Account  Increase Condition?                                                                                |     | **No**         |   |
|                   |                                                                                                                           |     | ** **     |   |
|                   | Compliance  with Insurance Agreement Event of Default Trigger? Three Month Average  Delinquency Ratio for Period 7 < 8.00%? |     | **Yes**        |   |
|                   |                                                                                                                           |     |           |   |   |

 
| **Cumulative Net Charge-off Rate:** |                                                                                                               |       |         |
|-------------------------------------|--------------------------------------------------------------------------------------------------------------------|------------|--------------|
|                                |                                                                                                               |       |         |
| **{25}**                            | Net Losses since the Initial Cut-off Date (Beginning of Period)                                                    | **{25}**   |         | 5,578,032.87 |
| **{26}**                            | Receivables becoming  Defaulted Receivables during period                                                          | **{26}**   | 3,351,775.39 |   |
| **{27}**                            | Cram Down Losses and other  non-cash adjustments occurring during period                                           | **{27}**   | 39,354.75    |   |
| **{28}**                            | Liquidation Proceeds  collected during period                                                                      | **{28}**   | 1,342,841.74 |   |
| **{29}**                            | Net Losses during period  ({26} + {27} - {28})                                                                     | **{29}**   | 2,048,288.40 |   |
| **{30}**                            | Net Losses since Initial Cut-off Date (End of Period)                                                              | **{30}**   |         | 7,626,321.27 |
| **{31}**                            | Cumulative Net Loss Ratio (({30}) / (Original Aggregrate Principal Balance  )                                      | **{31}**   |         | 0.66% |
| ** **                          |                                                                                                               | ** ** |         |   |
|                                |                                                                                                               |       |         |   |   |
|                                | Compliance  with Reserve Account Increase Condition Trigger? Cumulative Net Loss Ratio  for Period 7 < 6.00%?   |       | **Yes**      |   |
|                                |                                                                                                               |       | ** **   |   |
|                                | Is there a Reserve Account  Increase Condition?                                                                    |       | **No**       |   |
|                                |                                                                                                               |       | ** **   |   |
|                                | Compliance  with Insurance Agreement Event of Default Trigger? Cumulative Net Loss Ratio  for Period 7 < 7.00%? |       | **Yes**      |   |
|                                |                                                                                                               |       |         |   |   |

 
| **Extension  Rate:** |                                                                                     |       |       |
|----------------------|------------------------------------------------------------------------------------------|------------|------------|
|                 |                                                                                     |       |       |
| **{32}**             | Number of Receivables  extended during current period                                    | **{32}**   | 479        |   |
| **{33}**             | Beginning of Period Loans  Outstanding                                                   | **{33}**   | 60,680     |   |
| **{34}**             | Extension Rate ({32} /  {33})                                                            | **{34}**   |       | 0.79% |
| **{35}**             | Previous Monthly Extension  Rate                                                    | **{35}**   |       | 0.50% |
| **{36}**             | Second previous Monthly  Extension Rate                                                  | **{36}**   |       | 0.40% |
| **{37}**             | Average Extension Rate  (({34} + {35} + {36}) / 3)                                  | **{37}**   |       | 0.57% |
|                 |                                                                                     |       |       |   |
|                 |                                                                                     |       |       |   |
| ** **           | Compliance  with Extension Test?  (Pass is an  Average Extension Rate less than 4%) | ** ** | **Yes**    |   |
| ** **           |                                                                                     | ** ** | ** ** |   |

 

5

----