Exhibit 99.1 Nissan Motor Acceptance Corporation Monthly Servicing Report -- Nissan Auto Receivables 1997-A Grantor Trust November 01, 1997 through November 30, 1997 A. ORIGINAL DEAL PARAMETER INPUTS (A) Original Total Portfolio $ 868,465,033.86 (B) Class A Certificate Ownership Interest of the Trust 87.00% (C) Original Class A Certificate Balance $ 755,564,579.46 (D) Class A Certificate Rate 6.15% (E) Original Class B Certificate Balance $ 112,900,454.40 (F) Class B Certificate Rate 6.15% (G) Servicing Fee Rate 1.00% (H) Original Weighted Average Coupon (WAC) 10.26% (I) Original Weighted Average Remaining Term (WAM) 40.81 months (J) Number of Contracts 79,532 (K) Class A Subordination Spread Account ("SSA") (i) Subordination Initial Deposit Percentage 1.00% (ii) Subordination Initial Deposit $ 8,684,650.34 (iii) Specified SSA Balance Percent 1.50% (iv) Specified SSA Balance $ 13,026,975.51 (v) Floor Percent 2.50% (vi) Floor Amount $ 21,711,625.85 (vii) Floor Trigger Amount $ 113,334,686.85 (L) Yield Supplement Reserve Account Initial Deposit $ 1,898,666.90 B. INPUTS FROM PREVIOUS MONTHLY SERVICER REPORTS (A) Total Portfolio Outstanding $ 807,926,542.20 (B) Total Portfolio Pool Factor 0.9302925 (C) Class A Certificate Balance $ 702,896,091.71 (D) Class A Certificate Factor 0.9302925 (E) Class B Certificate Balance $ 105,030,450.49 (F) Class A Pool Factor 0.8093545 (G) Subordination Spread Account Balance $ 13,026,975.51 (H) Yield Supplement Reserve Account Balance $ 1,699,093.63 (I) Outstanding Interest Advance $ 848,123.83 (J) Cumulative Net Losses for All Prior Periods 276,266.77 (K) Weighted Average Coupon of Remaining Portfolio (WAC) 10.27% (L) Weighted Average Remaining Term of Remaining Portfolio 39.20 months (M) Number of Contracts 77,127 C. INPUTS FROM THE MAINFRAME (A) Simple Interest Loans (i) Principal Payments Received $ 32,775,134.28 (ii) Interest Payments Received $ 7,229,466.60 (iii) Repurchased Loan Principal $ 0.00 (iv) Repurchased Loan Interest $ 0.00 (B) Yield Supplement Release to Collection Account $ 89,668.35 (C) Yield Supplement Release to Seller $ 24,387.30 (D) Reimbursement of Previous Interest Advance $ 848,123.83 (E) Current Interest Advance Amount $ 465,614.84 (F) Weighted Average Coupon of Remaining Portfolio (WAC) 10.27% (G) Weighted Average Remaining Maturity of Remaining Portfolio 38.28 months (H) Remaining Number of Contracts 75,494 (I) Delinquent Contracts Contracts Amount (i) 31-60 Days Delinquent 2,486 3.29% $26,548,515.84 3.44% (ii) 61-90 Days Delinquent 330 0.44% $3,582,632.37 0.46% (iii) 91 Days or More Delinquent 46 0.06% 549,063.07 0.07% D. INPUTS DERIVED FROM OTHER SOURCES (A) Collection Account Investment Income -- Paid to Seller $ 124,251.81 (B) Class A Subordination Spread Account Investment Income -- Paid to Seller $ 47,245.08 (C) Yield Supplement Reserve Account Investment Income -- Paid to Seller $ 6,491.59 (D) Aggregate Net Losses for Collection Period $ 1,487,008.91 (E) Liquidated Contracts (i) Gross Principal Balance of Liquidated Receivables $ 2,414,377.06 (ii) Net Liquidation Proceeds & Recoveries Received During the Collection Period $ 927,368.15 (F) Number of Vehicles Repossessed During the Collection 235 Page 5 Nissan Motor Acceptance Corporation Monthly Servicing Report -- Nissan Auto Receivables 1997-A Grantor Trust November 01, 1997 through November 30, 1997 I. COLLECTIONS (A) Principal Payments Received (C(A)i) $ 32,775,134.28 (B) Interest Payments Received (C(A)ii) $ 7,229,466.60 (C) Aggregate Net Liquidation Proceeds Received (D(E)ii) $ 927,368.15 (D) Principal on Repurchased Contracts (C(A)iii) $ 0.00 (E) Interest on Repurchased Contracts (C(A)iv) $ 0.00 (F) Yield Supplement Amount Payments (C(B)) $ 89,668.35 (G) Total Collections (A+B+C+D+E+F) $ 41,021,637.38 (H) Net Interest Advance Amount (C(E-D)) ($ 382,508.99) (I) Total Available Amount (G+H) $ 40,639,128.39 II. DISTRIBUTIONS (A) Principal Payments Received (C(A)i) $ 32,775,134.28 (B) Principal on Repurchased Contracts (C(A)iii) $ 0.00 (C) Gross Principal Balance of Liquidated Receivables (D(E)i) $ 2,414,377.06 (D) Total Principal Reduction (A+B+C) $ 35,189,511.34 (E) Class A Distributable Amount (i) Class A Monthly Interest Payment (A(D)*B(C)/12) $ 3,602,342.47 (ii) Monthly Principal to Class A (II(D)*A(B)) $ 30,614,874.86 (iii) Total Distributable Amount (i+ii) $ 34,217,217.33 (F) Class B Distributable Amount (i) Class B Monthly Interest Payment ((A(F)*B(E))/12) $ 538,281.06 (ii) Monthly Principal to Class B (II(D)-(E)ii) $ 4,574,636.48 (iii) Excess Collections (I(I)-(II(E)iii+(F)i+ii+(G)i)) $ 635,721.40 (iv) Total Distributable Amount (i+ii+iii) $ 5,748,638.94 (G) Required Distributions (i) Servicing Fee (A(G)*B(A)) $ 673,272.12 (ii) Class A Amount (II(E)iii) $ 34,217,217.33 (iii) Deposit to Class A Subordination Spread Account (If Positive (IV(G)-(A))) $ 0.00 (iv) Class B Amount (IV(F)i) $ 5,748,638.94 (v) Yield Supplement Account Release to Seller (V(C)) $ 24,387.30 (vi) Total Amount Distributed (i+ii+iii+iv+v) $ 40,663,515.69 (H) Amount of Draw from Class A SSA (IV(B)) $ 0.00 (I) Sum of Draw from SSA and Total Available Amount (I(I)+IV(B)) $ 40,639,128.39 (J) Release from Yield Supplement Account to Seller (V(C)) $ 24,387.30 (K) Total Distributed Amount (I+J) $ 40,663,515.69 Class A Servicing Fee (II(G)i * A(B)) $ 585,746.74 III. POOL BALANCES AND PORTFOLIO INFORMATION Beg. of Period End of Period (A) Balances and Principal Factors (i) Total Pool Balance $807,926,542.20 $ 772,737,030.86 (ii) Total Pool Factor 0.9302925 0.8897733 (iii) Class A Certificate Balance $702,896,091.71 $ 672,281,216.85 (iv) Class A Certificate Factor 0.9302925 0.8897733 (v) Class B Certificate Balance $105,030,450.49 $ 100,455,814.01 (vi) Class A Pool Factor 0.8093545 0.7741028 (B) Portfolio Information (i) Weighted Average Coupon (WAC) 10.27% 10.27% (ii) Weighted Average Remaining Maturity (WAM) 39.20 months 38.28 months (iii) Remaining Number of Contracts 77,127 75,494 (C) Outstanding Interest Advance $ 848,123.83 $ 465,614.84 Page 6 Nissan Motor Acceptance Corporation Monthly Servicing Report -- Nissan Auto Receivables 1997-A Grantor Trust November 01, 1997 through November 30, 1997 IV. RECONCILIATION OF CLASS A SUBORDINATION SPREAD ACCOUNT ("SSA") (A) Beginning Class A SSA Balance (B(G)) $ 13,026,975.51 (B) Draw for Class A Distributable Amount and Servicing Fee 0.00 (If Positive ((II(E)iii+(G)i)-I(I))) (C) Amount Available for Deposit to the Class A SSA $ 5,748,638.94 (If Positive (I(I)-II(E)iii-(G)i)) (D) Class A SSA Balance Prior to Release (IV(A-B+C)) $ 18,775,614.45 (E) Class A Subordination Spread Account Required Amount $ 13,026,975.51 (Was Triger Hit?) (F) Breakdown of Release to Class B Certificateholder (i) Class B Amount (Min(II(F)iv,IV(F)iii)) $ 5,748,638.94 (ii) Release from Class A SSA (iii-i) $ 0.00 (iii) Total Distribution to Class B Certificateholder $ 5,748,638.94 (If Positive (D-E)) (G) Ending Class A Subordinate Spread Account Balance $ 13,026,975.51 (D-(F)iii) V. RECONCILIATION OF YIELD SUPPLEMENT RESERVE ACCOUNT (A) Beginning Yield Supplement Reserve Account Balance (B(H)) $ 1,699,093.63 (B) Release to Collection Account (C(B)) $ 89,668.35 (C) Release to Seller (C(C)) $ 24,387.30 (D) Ending Yield Supplement Reserve Account Balance (A-B-C) $ 1,585,037.98 VI. NET LOSS AND DELINQUENCY ACCOUNT ACTIVITY (A) Aggregate Net Losses for Collection Period (VI(B)i-ii) $ 1,487,008.91 (B) Liquidated Contracts (i) Gross Principal Balance of Liquidated Receivables (D(F)i) $ 2,414,377.06 (ii) Net Liquidation Proceeds Received During the Collection $ 927,368.15 Period (D(F)ii) (C) Cumulative Net Losses for all Periods (VI(A)+B(J)) $ 1,763,275.68 (D) Delinquent and Repossessed Contracts Contracts Amount (i) 31-60 Days Delinquent 2,486 3.29% $26,548,515.84 3.44% (ii) 61-90 Days Delinquent 330 0.44% $ 3,582,632.37 0.46% (iii) 91 Days or More Delinquent 46 0.06% $ 549,063.07 0.07% (iv) Vehicles Repossessed During 235 0.30% #N/A #N/A the Collection Period (D(F)) VII. TESTS FOR INCREASE IN CLASS A SUBORDINATION SPREAD ACCOUNT BALANCE (A) Ratio of Net Losses to the Pool Balance as of Each Collection Period. (i) Second Preceding Collection Period 0.00% (ii) Preceding Collection Period 0.40% (iii) Current Collection Period 2.21% (iv) Three Month Average (Avg(i,ii,iii)) 0.87% (B) Ratio of Number of Contracts Delinquent 60 Days or More to the Outstanding Number of Receivables as of Each Collection Period (i) Second Preceeding Collection Period 0.00% (ii) Preceeding Collection Period 0.30% (iii) Current Collection Period 0.49% (iv) Three Month Average (Avg(i,ii,iii)) 0.26% (C) Loss and Delinquency Trigger Indicator Trigger Was Not Hit (i) Number of Months Three Month Loss Average is Below Trigger 0 (ii) Number of Months Three Month Delinquency Average is Below Trigger 0 Page 7