fwp

Free Writing Prospectus
Filed Pursuant to Rule 433
Dated August 24, 2006
Registration Statement No. 333-131003

$2,254,115,000

Ford Credit Auto Owner Trust 2006-B
Issuer

Ford Credit Auto Receivables Two LLC
Depositor

Ford Motor Credit Company
Sponsor and Servicer

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this free writing prospectus relates. Before you invest, you should read the prospectus in that registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-221-1037.

Trust will issue:


				Final Scheduled
	Principal Amount		Interest Rate	Payment Date
Class A-1 notes⁽¹⁾	$	657,000,000	5.4048%	September 15, 2007
Class A-2a notes	$	470,000,000	5.42%	July 15, 2009
Class A-2b notes	$	470,000,000	one-month LIBOR + 0.02%	July 15, 2009
Class A-3 notes	$	730,000,000	5.26%	October 15, 2010
Class A-4 notes	$	438,560,000	5.25%	September 15, 2011
Class B notes	$	87,333,000	5.43%	February 15, 2012
Class C notes	$	58,222,000	5.68%	June 15, 2012
Class D notes⁽¹⁾	$	58,222,000	7.12%	February 15, 2013

Total	$	2,969,337,000

⁽¹⁾

The Class A-1 notes and the Class D notes are not being publicly offered.

The pricing terms of the offered notes are:


			Underwriting
	Price to Public		Discount		Proceeds to the Depositor⁽¹⁾
Class A-2a notes		99.99105%		0.125%		99.86605%
Class A-2b notes		100.00000%		0.125%		99.87500%
Class A-3 notes		99.98122%		0.175%		99.80622%
Class A-4 notes		99.99397%		0.250%		99.74397%
Class B notes		99.97572%		0.350%		99.62572%
Class C notes		99.99557%		0.350%		99.64557%

Total	$	2,253,885,612.15	$	4,058,342.50		$2,249,827,269.65


⁽¹⁾		Before deducting expenses estimated to be $1,200,000.

Weighted Average

Life(yrs)(1)

Window

Bench/Spread

Yield

Class A-2a notes

1.03

13 months

EDSF + 2

5.491%

Class A-2b notes

1.03

13 months

1M-Lbr + 2

1M-LIBOR + 0.02%

Class A-3 notes

2.05

14 months

I-Swps + 4

5.328%

Class A-4 notes

3.10

14 months

I-Swps + 8

5.310%

Class B notes

3.87

4 months

I-Swps + 27

5.499%

Class C notes

3.96

1 month

I-Swps + 52

5.749%


⁽¹⁾		Assuming a 1.5% ABS rate to the 5% clean up call.

The trust will enter into an interest rate swap with The Royal Bank of Scotland plc to hedge the interest rate risk on the Class A-2b notes. Each month on a net basis, the trust will pay 5.41% on the notional amount related to the Class A-2b notes and receive one-month LIBOR plus 0.02% under the interest rate swap agreement.

UNDERWRITING

The depositor and the underwriters named below have entered into an underwriting agreement for the notes referred below. Subject to certain conditions, each underwriter has agreed to purchase the principal amount of notes indicated in the following table:


	Class A-2a		Class A-2b		Class A-3		Class A-4		Class B		Class C
Underwriters	Notes		Notes		Notes		Notes		Notes		Notes
Credit Suisse Securities (USA) LLC	$	94,000,000	$	94,000,000	$	146,000,000	$	87,712,000	$	29,111,000	$	19,407,334
Greenwich Capital Markets, Inc.		94,000,000		94,000,000		146,000,000		87,712,000		29,111,000		19,407,333
J.P. Morgan Securities Inc.		94,000,000		94,000,000		146,000,000		87,712,000		29,111,000		19,407,333
Calyon Securities (USA) Inc.		94,000,000		94,000,000		146,000,000		87,712,000
HSBC Securities (USA) Inc.		94,000,000		94,000,000		146,000,000		87,712,000
Total	$	470,000,000	$	470,000,000	$	730,000,000	$	438,560,000	$	87,333,000	$	58,222,000