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8-K - FORM 8-K - NISSAN AUTO RECEIVABLES Co II LLCc64127e8vk.htm
EXHIBIT 99.1
Distribution Tables of Composition of Receivables as of March 31, 2011 (the Cut-off Date)
Set forth below is information as of March 31, 2011 (the “Cut-off Date”) regarding the characteristics of the final pool of receivables to be sold to Nissan Auto Receivables 2011-A Owner Trust on or about April 25, 2011. This information is being filed for informational purposes only. There is no material variance between the characteristics of the receivables in the statistical pool described in the prospectus supplement and the receivables in the pool as of the Cut-off Date.
Characteristics of Receivables as of the Cut-off Date:
         
Aggregate Principal Balance
  $ 1,295,905,565.09  
Number of Receivables
    60,988  
Average Principal Balance
  $ 21,248.53  
Range of Principal Balances
  $ 2,022.80 to $62,283.85  
Average Original Amount Financed
  $ 23,882.77  
Range of Original Amounts Financed
  $ 6,262.73 to $64,953.28  
Weighted Average APR
    2.728 %
Range of APRs
0.000% to 16.740
Approximate Weighted Average Original Payments to Maturity
  62 payments  
Range of Original Payments to Maturity
    12 to 72 payments  
Approximate Weighted Average Remaining Payments to Maturity
  56 payments  
Range of Remaining Payments to Maturity
    2 to 72 payments  
Approximate Percentage by Principal Balance of Receivables with an Original Payment Term of 72 Months
    29.39 %
Approximate Non-Zero Weighted Average Credit Score(1)
    760  
Range of FICO® Scores(1)
    593 to 886  
Approximate Non-Zero Weighted Average Credit Score of Receivables with an Original Payment Term of 72 Months(1)
    777  
Approximate Percentage by Principal Balance of Receivables of New, Near-New and Used Vehicles(2)
  84.80%(New)  
 
  13.66% (Near-New)  
 
  1.54% (Used)  
 
       
Approximate Percentage by Principal Balance of Receivables of New, Near-New and Used Vehicles for Receivables with an Original Payment Term of 72 Months(2)
  89.61% (New)  
 
  10.39% (Near-New)  
 
  0.00% (Used)  
 
       
Approximate Percentage by Principal Balance of Receivables Financed through Nissan and Infiniti Dealers(2)
  93.89% (Nissan)  
 
  6.11% (Infiniti)  
 
(1)   Excluding Receivables for which no FICO® score is available.
 
(2)   Percentages may not add to 100.00% due to rounding.

 


 

FICO® Score Distribution of the Receivables
                                 
            Percentage of             Percentage of  
    Number     Total             Aggregate  
    of     Number of     Cut-off Date     Cut-off Date  
Distribution by FICO® Score of the Receivables   Receivables     Receivables (%)     Principal Balance ($)     Principal Balance (%)  
Unavailable
    762       1.25 %   $ 18,689,875.92       1.44 %
593-600
    1       0.00       12,235.92       0.00  
601 — 650
    1,873       3.07       45,583,291.57       3.52  
651 — 700
    5,900       9.67       129,040,390.05       9.96  
701 — 750
    17,323       28.40       373,697,978.78       28.84  
751 — 800
    17,516       28.72       375,448,955.25       28.97  
801 — 850
    16,401       26.89       329,886,182.46       25.46  
851 — 900
    1,212       1.99       23,546,655.14       1.82  
 
                       
Total(1).
    60,988       100.00 %   $ 1,295,905,565.09       100.00 %
 
                       
 
(1)   Dollar amounts and percentages may not add to the total or to 100.00%, respectively, due to rounding.
Distribution by APR of the Receivables
                                         
                            Percentage of        
                            Aggregate Cut-off     Non-Zero  
    Number     Percentage of     Cut-off Date     Date     Weighted  
    of     Total Number of     Principal     Principal Balance     Average Credit  
Distribution by APR of the Receivables (%)   Receivables     Receivables (%)     Balance ($)     (%)     Score(2)  
0.00 — 0.49
    13,967       22.90 %   $ 304,776,532.63       23.52 %     751  
0.50 — 0.99
    11,188       18.34       227,010,079.79       17.52       789  
1.00 — 1.99
    7,437       12.19       178,043,492.94       13.74       754  
2.00 — 2.99
    6,010       9.85       145,281,742.49       11.21       761  
3.00 — 3.99
    4,381       7.18       76,957,578.18       5.94       767  
4.00 — 4.99
    4,874       7.99       98,248,782.11       7.58       766  
5.00 — 5.99
    4,370       7.17       90,943,126.02       7.02       754  
6.00 — 6.99
    4,442       7.28       95,611,779.82       7.38       756  
7.00 — 7.99
    2,245       3.68       43,617,937.10       3.37       739  
8.00 — 8.99
    860       1.41       15,880,894.66       1.23       700  
9.00 — 9.99
    496       0.81       8,131,240.59       0.63       695  
10.00 — 10.99
    242       0.40       4,620,279.70       0.36       652  
11.00 — 11.99
    133       0.22       2,347,003.27       0.18       648  
12.00 — 12.99
    102       0.17       1,341,041.21       0.10       681  
13.00 — 13.99
    76       0.12       1,029,183.81       0.08       676  
14.00 — 14.99
    84       0.14       1,046,700.90       0.08       675  
15.00 — 15.99
    74       0.12       938,115.06       0.07       675  
16.00 — 16.99
    7       0.01       80,054.81       0.01       675  
17.00 — 17.99
    0       0.00       0.00       0.00       n/a  
18.00 and above
    0       0.00       0.00       0.00       n/a  
 
                             
Total (1)
    60,988       100.00 %   $ 1,295,905,565.09       100.00 %     760  
 
                             
 
(1)   Dollar amounts and percentages may not add to the total or to 100.00%, respectively, due to rounding.
 
(2)   Excluding Receivables for which no FICO® Score is available.

 


 

Geographic Distribution of the Receivables(1)
                                 
                            Percentage of  
            Percentage of             Aggregate  
            Total Number             Cut-off Date  
    Number of     of Receivables     Cut-off Date     Principal Balance  
Geographic Distribution of the Receivables   Receivables     (%)     Principal Balance ($)     (%)  
Alabama
    993       1.63 %   $ 21,832,204.69       1.68 %
Alaska
    26       0.04       610,824.38       0.05  
Arizona
    1,223       2.01       26,960,374.34       2.08  
Arkansas
    766       1.26       16,761,947.37       1.29  
California
    8,480       13.90       175,571,589.08       13.55  
Colorado
    546       0.90       12,711,274.87       0.98  
Connecticut
    1,153       1.89       22,593,782.57       1.74  
Delaware
    196       0.32       4,127,188.52       0.32  
District of Columbia
    59       0.10       1,274,229.56       0.10  
Florida
    3,845       6.30       79,986,711.62       6.17  
Georgia
    1,887       3.09       40,868,744.71       3.15  
Hawaii
    265       0.43       5,600,475.97       0.43  
Idaho
    72       0.12       1,561,366.32       0.12  
Illinois
    3,035       4.98       63,283,237.37       4.88  
Indiana
    748       1.23       15,641,964.47       1.21  
Iowa
    539       0.88       11,346,348.53       0.88  
Kansas
    553       0.91       11,229,174.79       0.87  
Kentucky
    693       1.14       15,028,137.14       1.16  
Louisiana
    1,178       1.93       27,703,260.41       2.14  
Maine
    121       0.20       2,432,718.08       0.19  
Maryland
    1,328       2.18       28,714,098.14       2.22  
Massachusetts
    1,318       2.16       25,572,425.79       1.97  
Michigan
    538       0.88       11,125,352.94       0.86  
Minnesota
    607       1.00       13,134,960.87       1.01  
Mississippi
    1,038       1.70       22,635,793.60       1.75  
Missouri
    953       1.56       19,767,387.75       1.53  
Montana
    58       0.10       1,262,560.44       0.10  
Nebraska
    196       0.32       4,196,377.39       0.32  
Nevada
    769       1.26       17,270,440.63       1.33  
New Hampshire
    266       0.44       5,074,598.31       0.39  
New Jersey
    2,442       4.00       49,787,996.37       3.84  
New Mexico
    180       0.30       4,108,749.27       0.32  
New York
    3,957       6.49       81,611,837.80       6.30  
North Carolina
    1,528       2.51       32,386,512.06       2.50  
North Dakota
    44       0.07       958,205.93       0.07  
Ohio
    1,443       2.37       29,802,125.32       2.30  
Oklahoma
    743       1.22       16,413,833.72       1.27  
Oregon
    161       0.26       3,171,819.59       0.24  
Pennsylvania
    2,509       4.11       51,182,249.52       3.95  
Rhode Island
    202       0.33       3,847,044.23       0.30  
South Carolina
    449       0.74       9,248,641.71       0.71  
South Dakota
    40       0.07       922,199.85       0.07  
Tennessee
    2,051       3.36       44,097,233.51       3.40  
Texas
    8,658       14.20       192,840,752.19       14.88  
Utah
    275       0.45       6,705,355.45       0.52  
Vermont
    69       0.11       1,463,225.72       0.11  
Virginia
    1,459       2.39       32,162,943.58       2.48  
Washington
    403       0.66       9,202,090.17       0.71  
West Virginia
    345       0.57       7,761,821.33       0.60  
Wisconsin
    519       0.85       10,875,215.61       0.84  
Wyoming
    52       0.09       1,255,623.27       0.10  
Other
    10       0.02       220,538.24       0.02  
 
                       
Total(2)
    60,988       100.00 %   $ 1,295,905,565.09       100.00 %
 
                       
 
(1)   Based solely on the billing addresses of the Obligors as of the Cut-off Date.
 
(2)   Dollar amounts and percentages may not add to the total or to 100.00%, respectively, due to rounding.

 


 

Distribution by Model of the Receivables
                                 
    Number     Percentage of             Percentage of
Aggregate
 
    of     Total Number of     Cut-off Date     Cut-off Date  
Distribution by Model of the Receivables   Receivables     Receivables (%)     Principal Balance ($)     Principal Balance (%)  
Altima
    16,723       27.42 %   $ 328,604,091.39       25.36 %
Rogue
    8,857       14.52       182,914,697.92       14.11  
Murano
    6,544       10.73       173,322,281.37       13.37  
Maxima
    4,568       7.49       123,616,699.12       9.54  
Sentra
    5,685       9.32       90,809,767.40       7.01  
Versa
    3,704       6.07       52,489,297.46       4.05  
Altima Cpe
    1,608       2.64       34,100,794.50       2.63  
Pathfinder
    1,330       2.18       32,841,345.27       2.53  
Xterra
    1,388       2.28       31,869,718.78       2.46  
Titan
    1,089       1.79       29,560,142.27       2.28  
G37
    969       1.59       28,572,493.61       2.20  
Juke
    1,184       1.94       26,443,087.60       2.04  
Frontier
    1,263       2.07       26,224,748.62       2.02  
Armada
    642       1.05       21,935,372.75       1.69  
Crew Cab
    913       1.50       20,784,425.29       1.60  
Cube
    904       1.48       15,123,934.42       1.17  
Qx56
    275       0.45       11,241,889.76       0.87  
M35
    614       1.01       11,147,500.58       0.86  
Other
    2,728       4.47       54,303,276.98       4.19  
 
                       
Total(1)
    60,988       100.00 %   $ 1,295,905,565.09       100.00 %
 
                       
 
(1)   Dollar amounts and percentages may not add to the total or to 100.00%, respectively, due to rounding.
Distribution by Vehicle Type of the Receivables
                                 
                            Percentage of  
    Number     Percentage of             Aggregate  
    of     Total Number of     Cut-off Date     Cut-off Date  
Distribution by Vehicle Type of the Receivables   Receivables     Receivables (%)     Principal Balance ($)     Principal Balance (%)  
Car
    36,501       59.85 %   $ 718,643,807.66       55.45 %
Crossover
    17,096       28.03       394,371,741.72       30.43  
SUV
    3,784       6.20       100,272,946.38       7.74  
Truck
    3,357       5.50       78,125,505.67       6.03  
Van
    175       0.29       3,197,531.34       0.25  
Other
    75       0.12       1,294,032.32       0.10  
 
                       
Total(1)
    60,988       100.00 %   $ 1,295,905,565.09       100.00 %
 
                       
 
(1)   Dollar amounts and percentages may not add to the total or to 100.00%, respectively, due to rounding.

 


 

Distribution by Original and Remaining Payments to Maturity of the Receivables
                                         
                            Percentage of     Non-Zero  
    Number     Percentage of             Aggregate     Weighted Average  
Distribution by Original Payments to   of     Total Number of     Cut-off Date     Cut-off Date     Credit  
Maturity of the Receivables   Receivables     Receivables (%)     Principal Balance ($)     Principal Balance (%)     Score(2)  
12
    5       0.01 %     $20,606.40       0.00 %     789  
13 to 24
    95       0.16       822,951.74       0.06       776  
25 to 36
    2,998       4.92       50,732,785.13       3.91       769  
37 to 48
    2,982       4.89       42,780,150.91       3.30       758  
49 to 60
    36,654       60.10       756,866,609.95       58.40       755  
61 to 72
    18,254       29.93       444,682,460.96       34.31       768  
 
                             
Total(1)
    60,988       100.00 %   $ 1,295,905,565.09       100.00 %     760  
 
                             
 
(1)   Dollar amounts and percentages may not add to the total or to 100.00%, respectively, due to rounding.
 
(2)   Excluding Receivables for which no FICO® Score is available.
                                         
                                   
                            Percentage of     Non-Zero  
    Number     Percentage of             Aggregate     Weighted Average  
Distribution by Remaining Payments to   of     Total Number of     Cut-off Date     Cut-off Date     Credit  
Maturity of the Receivables   Receivables     Receivables (%)     Principal Balance ($)     Principal Balance (%)     Score(2)  
2 to 12
    72       0.12 %     $221,408.99       0.02 %     724  
13 to 24
    351       0.58       3,353,388.58       0.26       742  
25 to 36
    3,830       6.28       61,542,372.03       4.75       768  
37 to 48
    3,761       6.17       61,282,004.78       4.73       762  
49 to 60
    36,938       60.57       771,689,750.09       59.55       753  
61 to 72
    16,036       26.29       397,816,640.62       30.70       772  
 
                             
Total(1)
    60,988       100.00 %   $ 1,295,905,565.09       100.00 %     760  
 
                             
 
(1)   Dollar amounts and percentages may not add to the total or to 100.00%, respectively, due to rounding.
 
(2)   Excluding Receivables for which no Credit Score is available.