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):

~~November~~January 1715, ~~2003~~2004

Nissan Auto Receivables Corporation II
on behalf of Nissan Auto Receivables 2003-B Owner Trust

(Exact name of registrant as specified in its charter)

Delaware	333-87970-03	45-6127521
(State or other Jurisdiction of incorporation)	(Commission Registration Number)	(I.R.S. Employer Identification Number)

990 WEST 190TH STREET
TORRANCE, CALIFORNIA 90502

___________________________________

(Address of principal executive office)

Registrant's telephone number, including area code: (310) 719-8583

Item 5. Other Events.

On ~~November~~January 1715, ~~2003~~2004, the principal and interest collected during the preceding calendar month, net of certain adjustments as provided for in the Sale and Servicing Agreement, dated as of June 17, 2003 (the "Agreement"), among Nissan Auto Receivables 2003-B Owner Trust, as Issuer, Nissan Auto Receivables Corporation II, as Seller, and Nissan Motor Acceptance Corporation, as Servicer, were distributed to the holders of notes ("Noteholders") issued by Nissan Auto Receivables 2003-B Owner Trust. In accordance with the Agreement, the Servicer's Certificate, as defined in the Agreement, was furnished to the Indenture Trustee (as defined in the Agreement) for the benefit of the Noteholders. A copy of the Servicer's Certificate is being filed as Exhibit 20.1 to this Current Report on Form 8-K.

Item 7(c).	Financial Statements, Pro Forma Financial Information and Exhibits .
	(a) Not applicable.
	(b) Not applicable.
	(c) Exhibits
	The exhibit number corresponds with Item 601(a) of Regulation S-K.

	Exhibit No.	Description
	20.1	Servicer's Certificate for the month of ~~October~~December 2003

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on behalf of the undersigned thereunto duly authorized.

NISSAN AUTO RECEIVABLES 2003-B OWNER TRUST
By:	Nissan Auto Receivables Corporation II
By:	____/s/~~___Jennifer~~___Joji ~~A. Kuritz____________________~~Tagawa____________________
	Name: Title:	~~Jennifer~~Joji A.Tagawa ~~Kuritz Assistant~~ Treasurer

~~November~~January 2627, ~~2003~~2004

EXHIBIT INDEX

Exhibit No.	Description	Sequentially Numbered Page
20.1	Servicer's Certificate for the month of ~~October~~December 2003	5

Exhibit 20.1

Nissan Auto Receivables 2003-B

Servicer's Certificate

For the month of ~~October~~December 2003

NAR 2003-B

Collection Period	~~Oct~~Dec-03			30/360 Days	30
Distribution Date	1715-~~Nov~~Jan-0304			Actual/360 Days	3331
	Coupon Rate	Initial Balance	Beginning Balance	Ending Balance	Pool Factor
Total Portfolio		1,292,234,072.29	1,~~148~~077,~~330~~935,~~061~~918.1825	1,~~109~~039,~~464~~242,~~355~~805.6218	0.~~858563~~804222
Total Securities		1,292,234,072.29	1,~~148~~077,~~330~~935,~~061~~918.1825	1,~~109~~039,~~464~~242,~~355~~805.6218	0.~~858563~~804222
Class A-1 Notes	1.16875%	333,000,000.00	~~189~~118,~~095~~701,~~988~~845.8996	~~150~~80,~~230~~008,~~283~~732.3389	0.~~451142~~240266
Class A-2 Notes	1.20000%	222,000,000.00	222,000,000.00	222,000,000.00	1.000000
Class A-3 Notes	1.51000%	450,000,000.00	450,000,000.00	450,000,000.00	1.000000
Class A-4 Notes	2.05000%	219,400,000.00	219,400,000.00	219,400,000.00	1.000000
Certificates	0.00000%	67,834,072.29	67,834,072.29	67,834,072.29	1.000000
	Principal Payment	Interest Payment	Principal per $1000 Face Amount	Interest per $1000 Face Amount
Class A-1 Notes	38,~~865~~693,~~705~~113.5607	~~202~~119,~~588~~464.7834	116.~~7138305~~1955347	0.~~6083747~~3587518
Class A-2 Notes	0.00	222,000.00	-	1.0000000
Class A-3 Notes	0.00	566,250.00	-	1.2583333
Class A-4 Notes	0.00	374,808.33	-	1.7083333
Certificates	0.00	0.00	-	-
Total Securities	38,~~865~~693,~~705~~113.5607	1,~~365~~282,~~647~~522.1167
I. COLLECTIONS
Interest:
Interest Collections				3,~~803~~808,~~225~~519.1866
Repurchased Loan Proceeds Related to Interest				0.00
Total Interest Collections				3,~~803~~808,~~225~~519.1866
Principal:
Principal Collections				37,~~870~~459,~~182~~245.1210
Repurchased Loan Proceeds Related to Principal				014,696.0084
Total Principal Collections				37,~~870~~473,~~182~~941.1294
Recoveries of Defaulted Receivables				~~454~~470,~~891~~932.6351
Investment Earnings on Yield Supplement Account				6,~~645~~053.5792
Release from the Yield Supplement Account				~~557~~531,~~235~~381.9263
Servicer Advances				0343,237.0089
Total Collections				42,~~692~~634,~~180~~067.4255
II. COLLATERAL POOL BALANCE DATA
			Number	Amount
Pool Balance - Beginning of Period			6765,~~203~~733	1,~~148~~077,~~330~~935,~~061~~918.1825
Total Principal Collections				37,~~870~~473,~~182~~941.1294
Principal Amount of Gross Losses				~~995~~1,~~523~~219,171.4413
			66,361	1,109,464,355.62
			64,920	1,039,242,805.18
III. DISTRIBUTIONS
Total Collections				42,~~692~~634,~~180~~067.4255
Reserve Account Draw				0.00
Total Available for Distribution				42,~~692~~634,~~180~~067.4255
1. Reimbursement of Advance				0221,306.0020
2. Servicing Fee:
Servicing Fee Due				~~956~~898,~~941~~279.7293
Servicing Fee Paid				~~956~~898,~~941~~279.7293
Servicing Fee Shortfall				0.00
3. Interest:
Class A-1 Notes Monthly Interest
Class A-1 Notes Interest Carryover Shortfall				0.00
Class A-1 Notes Interest on Interest Carryover Shortfall				0.00
Class A-1 Notes Monthly Interest Distributable Amount				~~202~~119,~~588~~464.7834
Class A-1 Notes Monthly Interest Paid				~~202~~119,~~588~~464.7834
Change in Class A-1 Notes Interest Carryover Shortfall				0.00
Class A-2 Notes Monthly Interest
Class A-2 Notes Interest Carryover Shortfall				0.00
Class A-2 Notes Interest on Interest Carryover Shortfall				0.00
Class A-2 Notes Monthly Interest Distributable Amount				222,000.00
Class A-2 Notes Monthly Interest Paid				222,000.00
Change in Class A-2 Notes Interest Carryover Shortfall				0.00
Class A-3 Notes Monthly Interest
Class A-3 Notes Interest Carryover Shortfall				0.00
Class A-3 Notes Interest on Interest Carryover Shortfall				0.00
Class A-3 Notes Monthly Interest Distributable Amount				566,250.00
Class A-3 Notes Monthly Interest Paid				566,250.00
Change in Class A-3 Notes Interest Carryover Shortfall				0.00
Class A-4 Notes Monthly Interest
Class A-4 Notes Interest Carryover Shortfall				0.00
Class A-4 Notes Interest on Interest Carryover Shortfall				0.00
Class A-4 Notes Monthly Interest Distributable Amount				374,808.33
Class A-4 Notes Monthly Interest Paid				374,808.33
Change in Class A-4 Notes Interest Carryover Shortfall				0.00
Total Note Monthly Interest
Total Note Monthly Interest Due				1,~~365~~282,~~647~~522.1167
Total Note Monthly Interest Paid				1,~~365~~282,~~647~~522.1167
Total Note Interest Carryover Shortfall				0.00
Change in Total Note Interest Carryover Shortfall				0.00
Total Available for Principal Distribution				40,~~369~~231,~~591~~958.5974
4. Total Monthly Principal Paid on the Notes				38,~~865~~693,~~705~~113.5607
Total Noteholders' Principal Carryover Shortfall				0.00
Total Noteholders' Principal Distributable Amount				38,~~865~~693,~~705~~113.5607
Change in Total Noteholders' Principal Carryover Shortfall				0.00
5. Total Monthly Principal Paid on the Certificates				0.00
Total Certificateholders' Principal Carryover Shortfall				0.00
Total Certificateholders' Principal Distributable Amount				0.00
Change in Total Certificateholders' Principal Carryover Shortfall				0.00
Remaining Available Collections				1,~~503~~538,~~886~~845.0367
Deposit from Remaining Available Collections to fund Reserve Account				0.00
Remaining Available Collections Released to Seller				1,~~503~~538,~~886~~845.0367
IV. YIELD SUPPLEMENT ACCOUNT
Beginning Yield Supplement Account Balance				87,~~739~~736,~~475~~658.1742
Release to Collection Account				~~557~~531,~~235~~381.9263
Ending Yield Supplement Account Balance				87,~~182~~205,~~239~~276.2579
V. RESERVE ACCOUNT
Initial Reserve Account Amount				6,461,170.36
Required Reserve Account Amount				6,461,170.36
Beginning Reserve Account Balance				6,461,170.36
Ending Reserve Account Balance				6,461,170.36
Reserve Account Triggers			Test Ratio	Actual Ratio	Result
Average Three Period Delinquency Percentage			2.00%	0.1623%	Pass
Average Three Period Charge Off Rate			2.75%	0.7465%	Pass
Required Reserve Account Amount for Next Period				6,461,170.36
VI. POOL STATISTICS
Weighted Average Coupon				3.9495%
Weighted Average Remaining Maturity				4644.4563
Principal Recoveries of Defaulted Receivables				~~454~~470,~~891~~932.6351
Principal on Defaulted Receivables				~~995~~1,~~523~~219,171.4413
Pool Balance at Beginning of Collection Period				1,~~148~~077,~~330~~935,~~061~~918.1825
Net Loss Ratio				0.5683%
Net Loss Ratio for Second Preceding Collection Period				0.5556%
Net Loss Ratio for Preceding Collection Period				0.9156%
Net Loss Ratio for Current Collection Period				0.5683%
Average Net Loss Ratio				0.7465%
Cumulative Net Losses for all Periods				23,~~313~~577,~~504~~668.7383
Delinquent Receivables:			Amount	Number
31-60 Days Delinquent			89,~~706~~238,~~889~~089.8683	~~477~~535
61-90 Days Delinquent			12,~~666~~345,~~885~~816.3097	95131
91-120 Days Delinquent			~~335~~804,~~761~~771.2703	1748
Total Delinquent Receivables:			1012,~~709~~388,~~536~~677.4383	~~589~~714
60+ Days Delinquencies as Percentage of Receivables			0.1830%	0.1728%
Delinquency Ratio for Second Preceding Collection Period				0.1317%
Delinquency Ratio for Preceding Collection Period				0.1426%
Delinquency Ratio for Current Collection Period				0.1728%
Average Delinquency Ratio				0.1623%

Filing Compare · NISSAN AUTO RECEIVABLES 2003-B OWNER TRUST