UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-–K

Current Report ~~Pursuant~~

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

~~Securities~~Date ~~Exchange Act~~ of ~~1934~~ Report: January 12, 2004

~~Date~~CAPITAL ~~of Report~~ONE ~~(Date~~AUTO ~~of Earliest Event Reported) December 2~~RECEIVABLES, ~~2003~~ LLC

~~Capital~~(Seller ~~One~~and ~~Auto Receivables, LLC~~ Registrant)

~~Capital~~CAPITAL ~~One~~ONE ~~Auto~~AUTO ~~Finance~~FINANCE ~~Trust~~TRUST 2003-B

(Exact ~~Name~~name of Registrant and Co-Registrant as ~~Specified~~specified in its ~~Charter~~ charter)

Delaware

Delaware	333-106575	31-1750007
Delaware	333-106575-02
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1680 Capital One Drive, McLean,VA		22102
c/o Wilmington Trust Company, Rodney Square North 1100 North Market Street, Wilmington, Delaware		19890
(Address of principal executive offices)		(Zip Code)

(703) 720-1000
(302) 651-1119
(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report):
Not Applicable

~~(State~~Item or5. Other ~~Jurisdiction of Incorporation)~~ Events

333-106575		31-1750007
333-106575-02		51-6545495
(Commission File Numbers)		(Registrants’ I.R.S. Employer Identification Nos.)

The December 2003 Monthly Servicer Report was distributed January 12, 2004.

1680 Capital One Drive, McLean, Virginia		22102
(Address of Principal Executive Offices)		(Zip Code)

Item 7. Financial Statements and Exhibits

~~(703) 720-1000~~The following are filed as exhibits to this Report:

~~(Registrant’s~~Exhibit 20. December 2003 ~~Telephone~~Monthly ~~Number, Including Area Code)~~ Servicer Report

~~Not Applicable~~ Signature

~~(Former~~Pursuant to ~~Name~~the orrequirements ~~Former~~of ~~Address~~the Securities Exchange Act of 1934, ifas ~~Changed~~amended, ~~Since~~the ~~Last~~Registrant, Capital ~~Report)~~One Auto Receivables, LLC, and the Co-Registrant, Capital One Auto Finance Trust 2003-B by its Administrator, Capital One Auto Finance, Inc. have each duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Item 5. Other Events.

		Capital One Auto Receivables, LLC


				By:	/s/ Steve Cunningham
				Name:		Steve Cunningham
				Title:		Assistant Vice President

	Capital One Auto Finance Trust 2003-B
		By: Capital One Auto Finance Inc.
		Administrator of the Capital One Auto
		Finance Trust 2003-B

				By:	/s/ Steve Cunningham
			Name:			Steve Cunningham
			Title:			Assistant Vice President


Date: January 12, 2004

~~On November 18, 2003, Capital One Auto Finance Trust 2003-B (the “Trust”) publicly issued U.S.$198,000,000 of Class A-1 1.1475% Asset Backed Notes due November 15, 2004, U.S.$262,000,000 Class A-~~2 1.64% Asset Backed Notes due May 15, 2006, U.S.$305,000,000 Class A-3 LIBOR + 0.11% Asset Backed Notes due January 15, 2008 and U.S. $235,000,000 Class A-4 3.18% Asset Backed Notes due September 15, 2010 (the “Notes”) pursuant to a registration statement (No. 333-106575) declared effective on August 26, 2003. The lead managers for the issuance of the Notes were Lehman Brothers Inc. and Wachovia Capital Markets, LLC (the “Representatives”). Capital One Auto Receivables, LLC (the “Registrant”) paid the underwriters a fee of U.S.$1,991,200 in connection with the sale of the Notes. The Registrant also paid general transaction expenses, estimated to be $1,000,000. The net proceeds from the sale of the Notes, which amounted to U.S.$997,953,987.71, were used by the Trust to purchase a pool of motor vehicle retail installment sale contracts and/or installment loans secured by a combination of new and used automobiles and/or light-duty trucks originated by Capital One Auto Finance, Inc. (“COAF”), its affiliates and participating dealers, which constitute the receivables included in the assets of the Trust, from the Registrant. The Registrant acquired such receivables from COAF. The Trust also used the net proceeds from the sale of the Notes for general expenses relating to the Trust.

~~Item~~UNITED ~~7. Financial Statements and Exhibits.~~STATES

~~(a)~~SECURITIES ~~Not~~AND ~~applicable.~~EXCHANGE COMMISSION

~~(b)~~Washington, ~~Not applicable~~D.C. 20549

~~(c) Exhibits.~~EXHIBITS

Exhibit No.		Document Description
1.1		Underwriting Agreement dated November 5, 2003, among the Registrant, COAF and the Representatives.
3.1		Amended and Restated Limited Liability Company Agreement of the Registrant dated as of July 26, 2001 (incorporated by reference from Exhibit 3.1 filed with Form 8-K of the Registrant, file no. 333-54736, filed on August 6, 2001).
4.1		Amended and Restated Trust Agreement dated November 18, 2003 between the Registrant and Wilmington Trust Company. in its capacity as owner trustee.
4.2		Indenture dated November 18, 2003 between the Trust and JPMorgan Chase Bank as the indenture trustee (the “Indenture Trustee”) (including forms of Notes).

2FORM 8-K

4.3		Note Guaranty Insurance Policy dated as of November 18, 2003 delivered by MBIA Insurance Corporation (the “Note Insurer”).
10.1		Purchase Agreement dated November 18, 2003 between the Registrant and COAF.
10.2		Sale and Servicing Agreement dated November 18, 2003 between the Registrant and the Trust.
10.3		Administration Agreement dated November 18, 2003 among the Trust, COAF, as the administrator (the “Administrator”), and the Indenture Trustee.
10.4		Insurance Agreement dated as of November 18, 2003 among the Note Insurer, COAF, the Registrant, the Trust and the Indenture Trustee.
25.1		Statement of Eligibility on Form T-1 of JPMorgan Chase Bank as Indenture Trustee under the Indenture (incorporated by reference from Form 305(b)(2) of the Registrant, file no. 333-106575, filed on October 31, 2003).

CAPITAL ONE AUTO RECEIVABLES, LLC

3CAPITAL ONE AUTO FINANCE TRUST 2003-B

~~SIGNATURES~~(Exact names of Registrant and Co-Registrant as Specified in their respective Charters)

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant, Capital One Auto Receivables, LLC and the Co-Registrant, Capital One Auto Finance Trust 2003-B by its Administrator, Capital One Auto Finance, Inc., have each duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. 3

December 2, 2003						CAPITAL ONE AUTO RECEIVABLES, LLC
						By: /S/ JEFFERY ELSWICK
						Name: Jeffery Elswick
						Title: Assistant Vice President
December 2, 2003						CAPITAL ONE AUTO FINANCE TRUST 2003-B
						By: Capital One Auto Finance, Inc., as Administrator
						By: /S/ JEFFERY ELSWICK
						Name: Jeffery Elswick
						Title: Assistant Vice President

INDEX TO EXHIBITS

Exhibit Number

20.		December 2003 Monthly Servicer Report

Filing Compare · CAPITAL ONE AUTO FINANCE TRUST 2003-B