EXHIBIT 99.1
Distribution Tables of Composition of Receivables as of September 30, 2012 (the Cut-off Date)
Set forth below is information as of September 30, 2012 (the “Cut-off Date”) regarding the characteristics of the final pool of receivables to be sold to Nissan Auto Lease Trust 2012-B on or about October 24, 2012. 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:
| Average | Minimum | Maximum | ||||||||||
Securitization Value | $ | 22,531.82 | $ | 8,255.90 | $ | 75,484.26 | ||||||
Base Residual | $ | 15,637.65 | $ | 5,383.50 | $ | 55,654.20 | ||||||
Seasoning (Months)(1)(2) | 11 | 2 | 46 | |||||||||
Remaining Term (Months)(1) | 28 | 12 | 58 | |||||||||
Original Term (Months)(1) | 39 | 24 | 60 | |||||||||
Discounted Base Residual as a % of Securitization Value | 58.91 | % | ||||||||||
Base Residual as a % of MSRP | 49.22 | % | ||||||||||
Percentage of Securitization Value Financed | Nissan 76.06 | % | ||||||||||
through Nissan or Infiniti Dealers | Infiniti 23.94 | % | ||||||||||
| (1) | Weighted average by Securitization Value as of the Cut-off Date. |
| (2) | Seasoning is the number of months elapsed since origination of a Lease. |
FICO® Score Distribution of the Receivables
FICO® Score Range | Number of Leases | Percentage of Total Number of Leases(1) | Aggregate Securitization Value(1) | Percentage of Aggregate Securitization Value(1) | ||||||||||||
600 | 32 | 0.08 | % | $ | 742,144.94 | 0.08 | % | |||||||||
601 - 650 | 3,115 | 7.77 | 70,539,233.32 | 7.81 | ||||||||||||
651 - 700 | 8,070 | 20.12 | 180,314,071.67 | 19.95 | ||||||||||||
701 - 750 | 10,093 | 25.17 | 226,455,025.85 | 25.06 | ||||||||||||
751 - 800 | 8,862 | 22.10 | 201,548,921.65 | 22.30 | ||||||||||||
801 - 850 | 8,892 | 22.17 | 200,866,934.51 | 22.23 | ||||||||||||
851 - 900 | 1,040 | 2.59 | 23,149,941.71 | 2.56 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total | 40,104 | 100.00 | % | $ | 903,616,273.65 | 100.00 | % | |||||||||
|
|
|
|
|
|
|
| |||||||||
Based on a Securitization Rate of 7.00%.
| (1) | Balances and percentages may not add to total due to rounding. |
Distribution of the Leased Vehicles by Model
Models | Number of Leases | Percentage of Total Number of Leases(1) | Aggregate Securitization Value(1) | Percentage of Aggregate Securitization Value(1) | ||||||||||||
Altima | 11,040 | 27.53 | % | $ | 202,820,511.29 | 22.45 | % | |||||||||
Maxima | 4,844 | 12.08 | 124,593,512.47 | 13.79 | ||||||||||||
Rogue | 6,245 | 15.57 | 121,814,243.18 | 13.48 | ||||||||||||
G37 | 3,457 | 8.62 | 109,838,674.65 | 12.16 | ||||||||||||
Murano | 2,854 | 7.12 | 71,919,472.97 | 7.96 | ||||||||||||
Sentra | 3,909 | 9.75 | 59,778,098.11 | 6.62 | ||||||||||||
M37 | 669 | 1.67 | 25,625,886.21 | 2.84 | ||||||||||||
QX56 | 491 | 1.22 | 24,761,511.36 | 2.74 | ||||||||||||
Frontier | 1,106 | 2.76 | 23,905,688.60 | 2.65 | ||||||||||||
G25 | 731 | 1.82 | 18,703,629.04 | 2.07 | ||||||||||||
Pathfinder | 745 | 1.86 | 17,728,053.75 | 1.96 | ||||||||||||
FX35 | 505 | 1.26 | 16,988,562.51 | 1.88 | ||||||||||||
Altima Coupe | 806 | 2.01 | 16,773,494.55 | 1.86 | ||||||||||||
Armada | 452 | 1.13 | 14,664,583.75 | 1.62 | ||||||||||||
JX35 | 249 | 0.62 | 10,691,165.42 | 1.18 | ||||||||||||
Quest | 302 | 0.75 | 7,694,757.56 | 0.85 | ||||||||||||
Versa | 571 | 1.42 | 7,422,314.71 | 0.82 | ||||||||||||
Juke | 354 | 0.88 | 6,865,588.03 | 0.76 | ||||||||||||
EX35 | 236 | 0.59 | 6,783,096.55 | 0.75 | ||||||||||||
370Z | 203 | 0.51 | 6,103,404.30 | 0.68 | ||||||||||||
Xterra | 203 | 0.51 | 4,117,020.31 | 0.46 | ||||||||||||
M56 | 32 | 0.08 | 1,420,904.08 | 0.16 | ||||||||||||
M35 | 23 | 0.06 | 994,795.88 | 0.11 | ||||||||||||
Cube | 51 | 0.13 | 695,783.22 | 0.08 | ||||||||||||
FX50 | 12 | 0.03 | 495,989.41 | 0.05 | ||||||||||||
Titan | 12 | 0.03 | 299,015.75 | 0.03 | ||||||||||||
GT-R | 2 | 0.00 | (2) | 116,515.98 | 0.01 | |||||||||||
|
|
|
|
|
|
|
| |||||||||
Total | 40,104 | 100.00 | % | $ | 903,616,273.65 | 100.00 | % | |||||||||
|
|
|
|
|
|
|
| |||||||||
Based on a Securitization Rate of 7.00%.
| (1) | Balances and percentages may not add to total due to rounding. |
| (2) | Less than 0.005% but greater than 0.000%. |
Distribution of the Leased Vehicles by Vehicle Type
Vehicle Type | Number of Leases | Percentage of Total Number of Leases(1) | Aggregate Securitization Value(1) | Percentage of Aggregate Securitization Value(1) | ||||||||||||
Car | 26,640 | 66.43 | % | $ | 582,582,282.05 | 64.47 | % | |||||||||
Crossover | 10,455 | 26.07 | 235,558,118.07 | 26.07 | ||||||||||||
SUV | 1,891 | 4.72 | 61,271,169.17 | 6.78 | ||||||||||||
Truck | 1,118 | 2.79 | 24,204,704.35 | 2.68 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total | 40,104 | 100.00 | % | $ | 903,616,273.65 | 100.00 | % | |||||||||
|
|
|
|
|
|
|
| |||||||||
Based on a Securitization Rate of 7.00%.
| (1) | Balances and percentages may not add to total due to rounding. |
Distribution of the Leases by Original Lease Term (Month)
Original Lease Term (Months) | Number of Leases | Percentage of Total Number of Leases(1) | Aggregate Securitization Value(1) | Percentage of Aggregate Securitization Value(1) | ||||||||||||
24 - 36 | 1,627 | 4.06 | % | $ | 33,154,156.27 | 3.67 | % | |||||||||
37 - 42 | 38,172 | 95.18 | 860,085,364.60 | 95.18 | ||||||||||||
43 - 48 | 165 | 0.41 | 5,542,779.94 | 0.61 | ||||||||||||
49 - 60 | 140 | 0.35 | 4,833,972.84 | 0.53 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total | 40,104 | 100.00 | % | $ | 903,616,273.65 | 100.00 | % | |||||||||
|
|
|
|
|
|
|
| |||||||||
Based on a Securitization Rate of 7.00%.
| (1) | Balances and percentages may not add to total due to rounding. |
Distribution of the Leases by Remaining Lease Term
Remaining Lease Term (Months) | Number of Leases | Percentage of Total Number of Leases(1) | Aggregate Securitization Value(1) | Percentage of Aggregate Securitization Value(1) | ||||||||||||
12 | 192 | 0.48 | % | $ | 3,671,384.85 | 0.41 | % | |||||||||
13 - 18 | 2,341 | 5.84 | 49,328,841.65 | 5.46 | ||||||||||||
19 - 24 | 9,805 | 24.45 | 211,428,514.03 | 23.40 | ||||||||||||
25 - 30 | 14,570 | 36.33 | 324,075,092.90 | 35.86 | ||||||||||||
31 - 36 | 11,787 | 29.39 | 280,620,508.53 | 31.06 | ||||||||||||
37 - 42 | 1,291 | 3.22 | 30,040,930.87 | 3.32 | ||||||||||||
43 - 48 | 50 | 0.12 | 1,799,499.19 | 0.20 | ||||||||||||
49 - 54 | 43 | 0.11 | 1,704,934.26 | 0.19 | ||||||||||||
55 - 60 | 25 | 0.06 | 946,567.36 | 0.10 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total | 40,104 | 100.00 | % | $ | 903,616,273.65 | 100.00 | % | |||||||||
|
|
|
|
|
|
|
| |||||||||
Based on a Securitization Rate of 7.00%.
| (1) | Balances and percentages may not add to total due to rounding. |
Distribution of the Leases by Quarter of Maturity Date
Quarter of Maturity Date | Number of Leases | Percentage of Total Number of Leases(1) | Aggregate Securitization Value(1) | Percentage of Aggregate Securitization Value(1) | Aggregate Base Residual(1) | Percentage of Aggregate Base Residual(1) | ||||||||||||||||||
Fourth Quarter 2013 | 657 | 1.64 | % | $ | 13,020,510.83 | 1.44 | % | $ | 10,642,803.58 | 1.70 | % | |||||||||||||
First Quarter 2014 | 1,305 | 3.25 | 27,285,375.27 | 3.02 | 21,638,882.30 | 3.45 | ||||||||||||||||||
Second Quarter 2014 | 4,031 | 10.05 | 85,891,341.80 | 9.51 | 65,589,881.40 | 10.46 | ||||||||||||||||||
Third Quarter 2014 | 4,735 | 11.81 | 102,803,457.11 | 11.38 | 75,022,633.43 | 11.96 | ||||||||||||||||||
Fourth Quarter 2014 | 6,601 | 16.46 | 144,357,842.89 | 15.98 | 101,576,749.98 | 16.20 | ||||||||||||||||||
First Quarter 2015 | 7,392 | 18.43 | 165,264,571.32 | 18.29 | 114,084,668.63 | 18.19 | ||||||||||||||||||
Second Quarter 2015 | 6,044 | 15.07 | 142,595,528.02 | 15.78 | 96,719,442.49 | 15.42 | ||||||||||||||||||
Third Quarter 2015 | 6,015 | 15.00 | 142,935,633.46 | 15.82 | 92,759,782.87 | 14.79 | ||||||||||||||||||
Fourth Quarter 2015 | 3,145 | 7.84 | 72,692,748.46 | 8.04 | 45,775,617.34 | 7.30 | ||||||||||||||||||
First Quarter 2016 | 50 | 0.12 | 1,789,770.59 | 0.20 | 991,734.35 | 0.16 | ||||||||||||||||||
Second Quarter 2016 | 27 | 0.07 | 1,194,798.06 | 0.13 | 621,090.40 | 0.10 | ||||||||||||||||||
Third Quarter 2016 | 25 | 0.06 | 719,616.77 | 0.08 | 381,002.00 | 0.06 | ||||||||||||||||||
Fourth Quarter 2016 | 33 | 0.08 | 1,311,133.36 | 0.15 | 583,637.60 | 0.09 | ||||||||||||||||||
First Quarter 2017 | 14 | 0.03 | 536,946.74 | 0.06 | 222,012.30 | 0.04 | ||||||||||||||||||
Second Quarter 2017 | 18 | 0.04 | 811,564.59 | 0.09 | 346,275.85 | 0.06 | ||||||||||||||||||
Third Quarter 2017 | 12 | 0.03 | 405,434.37 | 0.04 | 176,144.20 | 0.03 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Total | 40,104 | 100.00 | % | $ | 903,616,273.65 | 100.00 | % | $ | 627,132,358.72 | 100.00 | % | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Based on a Securitization Rate of 7.00%.
| (1) | Balances and percentages may not add to total due to rounding. |
Distribution of the Leases by Geographic Location
Geographic Location | Number of Leases(1) | Percentage of Total Number of Leases(1)(2) | Aggregate Securitization Value(1)(2) | Percentage of Aggregate Securitization Value(1)(2) | ||||||||||||
New Jersey | 4,302 | 10.73 | % | $ | 89,463,861.27 | 9.90 | % | |||||||||
Florida | 4,016 | 10.01 | 83,364,944.34 | 9.23 | ||||||||||||
California | 3,266 | 8.14 | 79,358,854.39 | 8.78 | ||||||||||||
New York | 3,708 | 9.25 | 71,385,803.66 | 7.90 | ||||||||||||
Pennsylvania | 2,940 | 7.33 | 65,065,713.94 | 7.20 | ||||||||||||
Texas | 2,344 | 5.84 | 62,507,632.29 | 6.92 | ||||||||||||
Ohio | 2,586 | 6.45 | 57,036,720.98 | 6.31 | ||||||||||||
Massachusetts | 1,996 | 4.98 | 43,701,487.10 | 4.84 | ||||||||||||
Connecticut | 1,677 | 4.18 | 36,828,747.78 | 4.08 | ||||||||||||
Illinois | 1,474 | 3.68 | 36,514,301.04 | 4.04 | ||||||||||||
Georgia | 868 | 2.16 | 21,873,938.37 | 2.42 | ||||||||||||
Michigan | 965 | 2.41 | 21,808,052.05 | 2.41 | ||||||||||||
Minnesota | 948 | 2.36 | 21,095,572.16 | 2.33 | ||||||||||||
North Carolina | 667 | 1.66 | 16,783,667.99 | 1.86 | ||||||||||||
Virginia | 625 | 1.56 | 15,808,531.54 | 1.75 | ||||||||||||
Indiana | 697 | 1.74 | 15,265,122.25 | 1.69 | ||||||||||||
Wisconsin | 674 | 1.68 | 14,641,394.81 | 1.62 | ||||||||||||
Maryland | 517 | 1.29 | 14,640,030.82 | 1.62 | ||||||||||||
Arizona | 489 | 1.22 | 11,936,864.43 | 1.32 | ||||||||||||
Colorado | 468 | 1.17 | 10,591,717.68 | 1.17 | ||||||||||||
New Hampshire | 477 | 1.19 | 10,078,187.79 | 1.12 | ||||||||||||
Missouri | 389 | 0.97 | 9,341,423.45 | 1.03 | ||||||||||||
Iowa | 387 | 0.96 | 8,478,613.71 | 0.94 | ||||||||||||
Tennessee | 306 | 0.76 | 8,229,244.24 | 0.91 | ||||||||||||
Louisiana | 269 | 0.67 | 7,180,115.41 | 0.79 | ||||||||||||
Nevada | 305 | 0.76 | 6,851,917.37 | 0.76 | ||||||||||||
Rhode Island | 310 | 0.77 | 6,554,555.59 | 0.73 | ||||||||||||
Washington | 227 | 0.57 | 6,038,102.09 | 0.67 | ||||||||||||
South Carolina | 227 | 0.57 | 5,273,774.38 | 0.58 | ||||||||||||
Kentucky | 231 | 0.58 | 5,071,017.05 | 0.56 | ||||||||||||
Alabama | 187 | 0.47 | 4,437,768.79 | 0.49 | ||||||||||||
Nebraska | 190 | 0.47 | 4,228,900.59 | 0.47 | ||||||||||||
Kansas | 169 | 0.42 | 3,977,277.61 | 0.44 | ||||||||||||
Maine | 191 | 0.48 | 3,941,754.46 | 0.44 | ||||||||||||
Utah | 142 | 0.35 | 3,495,495.08 | 0.39 | ||||||||||||
Delaware | 142 | 0.35 | 3,248,860.73 | 0.36 | ||||||||||||
Vermont | 110 | 0.27 | 2,234,291.04 | 0.25 | ||||||||||||
Hawaii | 94 | 0.23 | 2,225,205.99 | 0.25 | ||||||||||||
Mississippi | 86 | 0.21 | 2,064,549.05 | 0.23 | ||||||||||||
Oregon | 77 | 0.19 | 2,025,568.34 | 0.22 | ||||||||||||
Oklahoma | 61 | 0.15 | 1,790,804.00 | 0.20 | ||||||||||||
West Virginia | 61 | 0.15 | 1,404,120.35 | 0.16 | ||||||||||||
North Dakota | 53 | 0.13 | 1,177,280.67 | 0.13 | ||||||||||||
South Dakota | 45 | 0.11 | 983,592.88 | 0.11 | ||||||||||||
New Mexico | 36 | 0.09 | 981,580.20 | 0.11 | ||||||||||||
District of Columbia | 33 | 0.08 | 911,986.10 | 0.10 | ||||||||||||
Arkansas | 25 | 0.06 | 685,288.66 | 0.08 | ||||||||||||
Idaho | 21 | 0.05 | 421,506.55 | 0.05 | ||||||||||||
Wyoming | 15 | 0.04 | 344,885.93 | 0.04 | ||||||||||||
Montana | 11 | 0.03 | 265,646.63 | 0.03 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total | 40,104 | 100.00 | % | $ | 903,616,273.65 | 100.00 | % | |||||||||
|
|
|
|
|
|
|
| |||||||||
Based on a Securitization Rate of 7.00%.
| (1) | Based on the billing addresses of lessees. |
| (2) | Balances and percentages may not add to total due to rounding. |
