UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

        Date of Report (Date of earliest event reported): March 18, 2005

                        CIT Equipment Collateral 2002-VT1
             (Exact Name of Registrant as Specified in its Charter)

          Delaware                    000-49841                74-6537699
(State or other jurisdiction       (Commission File          (IRS Employer
      of incorporation)                 Number)            Identification No.)

                            c/o The Bank of New York
                        Attn: Corporate Trust Department,
                        CIT Equipment Collateral 2002-VT1
                        101 Barclay Street, Floor 12 East
                            New York, New York 10286
              (Address of principal executive offices and zip code)

       Registrants' telephone number, including area code: (212) 328-7538

                                       N/A
          (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[ ]  Written communications pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14A-12 under the Exchange Act
     (17 CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))







Item 9.01. Financial Statements and Exhibits.

(c). Exhibits.

     The following are filed herewith. The exhibit numbers correspond with items
601 of Regulation S-K.


           
Exhibit No.   Description
- -----------   -----------
99.1          Pool Data Report


                                    SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                        CIT EQUIPMENT COLLATERAL 2002-VT1

                                        By: CIT FINANCIAL USA, INC.,
                                        as Servicer


                                        By: /s/ Usama Ashraf
                                            ------------------------------------
                                            Name: Usama Ashraf
                                            Title: Vice President

Dated: March 18, 2005