EXHIBIT 99.4

                      GENERAL MOTORS ACCEPTANCE CORPORATION
                             200 RENAISSANCE CENTER
                           12TH FLOOR, MC: 482-B12-C24
                                DETROIT, MI 48265

                                 April 22, 2005

Chase Bank USA, National Association
500 Stanton Christiana Road, Floor 3
Ops 4
Newark, DE 19713

General Motors Acceptance Corporation, as Servicer
200 Renaissance Center
12th Floor, MC: 482-B12-C24
Detroit, MI 48265

Central Originating Lease Trust
c/o Deutsche Bank Trust Company Delaware
1011 Centre Road, Suite 200
Wilmington, DE 19805-1266

      Re: Transfer Direction re: Beneficial Interest in Applicable Trust Estate

Ladies and Gentlemen:

      Reference is hereby made to that certain Second Amended and Restated Trust
and Servicing Agreement, dated as of March 25, 2004 (as it may be amended from
time to time, the "VAULT Trust Agreement") between Chase Bank USA, National
Association (f/k/a Chase Manhattan Bank USA, National Association), as Trustee
(the "Trustee") and General Motors Acceptance Corporation ("GMAC"), as Servicer
and as Initial Trust Beneficiary, and acknowledged and agreed to by Central
Originating Lease Trust ("COLT") as a Trust Beneficiary pursuant to the COLT
Designation. Capitalized terms used herein and not otherwise defined shall have
the respective meanings set forth in the VAULT Trust Agreement, or if not
defined therein, in Part I of Exhibit A to the COLT Servicing Agreement, dated
as of April 28, 2005 (the "COLT Servicing Agreement") between GMAC, COLT and
Citibank, N.A., as COLT Indenture Trustee.

      Pursuant to Section 9.1 of the VAULT Trust Agreement, GMAC hereby informs
the Trustee that it intends to convey all of its right, title and interest in
and to its Beneficial Interest in that portion of its respective Applicable
Trust Estate consisting of the Leased Vehicles identified on Schedule I hereto
(collectively, the "Transferred Vehicles") to COLT (the "Transferee"). GMAC
hereby instructs the Trustee from and after April 28, 2005 (the "Transfer
Effective Date") and until otherwise directed by the Transferee, to hold legal
title to the Applicable Trust Estate as nominee for the benefit of the
Transferee. GMAC acknowledges and agrees by execution of this Transfer Direction
that it shall no longer hold any Beneficial Interest

                                        VAULT Transfer Direction (COLT 2005-SN1)



in the Transferred Vehicles from and after the Transfer Effective Date. Further,
GMAC, as Servicer, shall amend each Schedule of Vehicles maintained pursuant to
the VAULT Trust Agreement to remove from the GMAC Series any reference to the
Transferred Vehicles and shall reallocate such Transferred Vehicles to the COLT
Series.

      Pursuant to Section 9.1 of the VAULT Trust Agreement, COLT represents and
warrants that it is not an "employee benefit plan" as defined in Section 3(3) of
ERISA (whether or not subject to ERISA, and including, without limitation,
foreign or government plans), a "plan" described in Section 4975(e)(1) of the
Code, or an entity whose underlying assets are deemed to include "plan assets"
of any of the foregoing by reason of investment by an employee benefit plan or
other plan in such entity (including, without limitation, an insurance company
general account).

      COLT hereby reaffirms its agreement to be bound by the terms of the VAULT
Trust Agreement as a Trust Beneficiary pursuant to (x) the Designation of Trust
Beneficiary and Creation of Sub-Trust, dated as of March 15, 1996, by GMAC, as
Servicer and Initial Trust Beneficiary, and accepted and agreed to by PNC Bank,
Delaware, as trustee thereunder, and (y) its acceptance and agreement to the
VAULT Trust Agreement.

      The Trustee and the Servicer agree that this Transfer Direction will
become effective on the Transfer Effective Date upon delivery of an executed
counterpart of this Transfer Direction and receipt of an opinion of counsel to
GMAC that the transfer effected hereunder is permitted by Section 9.1 of the
VAULT Trust Agreement.

                                        VAULT Transfer Direction (COLT 2005-SN1)

                                       2


      Please acknowledge your receipt of and agreement to this Transfer
Direction by signing a counterpart hereof in the space provided below.

                                       Sincerely,

                                       GENERAL MOTORS ACCEPTANCE
                                       CORPORATION, as Initial Trust Beneficiary

                                       By: /s/ N.L. Bugg
                                       Name:  N.L. Bugg
                                       Title:  Director - U.S. Securitization

                                        VAULT Transfer Direction (COLT 2005-SN1)

                                       S-1


ACKNOWLEDGED AND AGREED:

CHASE BANK USA, NATIONAL ASSOCIATION,
not in its individual capacity but solely as Trustee

By: /s/ John J. Cashin
Name: John J. Cashin
Title: Vice President

GENERAL MOTORS ACCEPTANCE CORPORATION,
as Servicer

By: /s/ N.L. Bugg
Name: N.L. Bugg
Title: Director - U.S. Securitization

CENTRAL ORIGINATING LEASE TRUST,
as a Trust Beneficiary and Transferee

By: Deutsche Bank Trust Company Delaware, not in
its individual capacity but solely as COLT Owner Trustee

By: /s/ Eva Aryeetey
Name:  Eva Aryeetey
Title:  Attorney-in-Fact

                                        VAULT Transfer Direction (COLT 2005-SN1)

                                       S-2



                                                                      SCHEDULE I

                           SCHEDULE OF LEASED VEHICLES

                                (attached hereto)