Exhibit 19.1
Ford Motor Credit Company
Ford Credit Auto Owner Trust 2000-A
Monthly Servicing Report
Collection Period October, 2000
Distribution Date 11/15/00
Dollar Amount
Total Portfolio $ 3,000,003,021.67
Total Securities 2,891,060,000.00
Class A-1 Notes 155,000,000.00
Class A-2 Notes 377,000,000.00
Class A-3 Notes 1,000,000,000.00
Class A-4 Notes 975,000,000.00
Class A-5 Notes 171,480,000.00
Class B Notes 99,200,000.00
Class C Certificates 56,690,000.00
Class D Certificates 56,690,000.00
I. COLLECTIONS
Interest:
Simple Interest Receivables Interest
Interest Collections $ 12,972,700.68
Repurchased Loan Proceeds Related to Interest 14,699.42
Total Simple Interest Receivables Interest 12,987,400.10
Pre Computed Receivables Interest Collections 26,427.75
Total Interest Collections 13,013,827.85
Servicer Advances:
Simple Interest Servicer Advances $ 2,030,563.61
Precomputed Servicer Advances - Principal 10,013.80
Precomputed Servicer Advances - Interest 2,547.32
Total Servicer Advances 2,043,124.73
Principal:
Simple Interest Receivables Principal
Principal Collections $ 58,868,700.39
Prepayments in Full 32,202,224.17
Repurchased Loan Proceeds Related to Principal 641,162.28
Total Simple Interest Receivables Principal 91,712,086.84
Pre Computed Receivables Principal
Principal Collections $ 113,884.31
Prepayments in Full 62,179.06
Prepayments in Full Due to Administrative Repurchases 0.00
Payahead Draws 4,854.91
Total Pre Computed Receivables Principal 180,918.28
Liquidation Proceeds 774,638.38
Recoveries from Prior Month Charge-Offs 16,293.70
Total Principal Collections 92,683,937.20
Principal Losses for Collection Period 2,068,899.11
Total Regular Principal Reduction 93,971,918.03
Total Collections $ 107,740,889.78
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Amount
Per $1,000
of Original
II. DISTRIBUTIONS Amount Principal
Total Collections $ 107,740,889.78 $ 37.27
Reserve Account Release 0.00 0.00
Reserve Account Draw 0.00 0.00
Total Available for Distribution 107,740,889.78 37.27
Servicing Fee:
Servicing Fee Due $ 1,965,300.32 $ 0.68
Servicing Fee Paid 1,965,300.32 0.68
Servicing Fee Shortfall 0.00 0.00
Interest:
Class A-1 Notes Monthly Interest
Class A-1 Notes Monthly Interest Due $ 0.00 $ 0.00
Class A-1 Notes Monthly Interest Paid 0.00 0.00
Class A-1 Notes Monthly Interest Shortfall 0.00 0.00
Class A-1 Notes Interest Carryover Shortfall 0.00 0.00
Chg in Class A-1 Notes Int. Carryover Shortfall 0.00 0.00
Class A-2 Notes Monthly Interest
Class A-2 Notes Monthly Interest Due $ 0.00 $ 0.00
Class A-2 Notes Monthly Interest Paid 0.00 0.00
Class A-2 Notes Monthly Interest Shortfall 0.00 0.00
Class A-2 Notes Interest Carryover Shortfall 0.00 0.00
Chg in Class A-2 Notes Int. Carryover Shortfall 0.00 0.00
Class A-3 Notes Monthly Interest
Class A-3 Notes Monthly Interest Due $ 5,044,459.97 $ 5.04
Class A-3 Notes Monthly Interest Paid 5,044,459.97 5.04
Class A-3 Notes Monthly Interest Shortfall 0.00 0.00
Class A-3 Notes Interest Carryover Shortfall 0.00 0.00
Chg in Class A-3 Notes Int. Carryover Shortfall 0.00 0.00
Class A-4 Notes Monthly Interest
Class A-4 Notes Monthly Interest Due $ 5,760,625.00 $ 5.91
Class A-4 Notes Monthly Interest Paid 5,760,625.00 5.91
Class A-4 Notes Monthly Interest Shortfall 0.00 0.00
Class A-4 Notes Interest Carryover Shortfall 0.00 0.00
Chg in Class A-4 Notes Int. Carryover Shortfall 0.00 0.00
Class A-5 Notes Monthly Interest
Class A-5 Notes Monthly Interest Due $ 1,027,451.00 $ 5.99
Class A-5 Notes Monthly Interest Paid 1,027,451.00 5.99
Class A-5 Notes Monthly Interest Shortfall 0.00 0.00
Class A-5 Notes Interest Carryover Shortfall 0.00 0.00
Chg in Class A-5 Notes Int. Carryover Shortfall 0.00 0.00
Class B Notes Monthly Interest
Class B Notes Monthly Interest Due $ 609,253.33 $ 6.14
Class B Notes Monthly Interest Paid 609,253.33 6.14
Class B Notes Monthly Interest Shortfall 0.00 0.00
Class B Notes Interest Carryover Shortfall 0.00 0.00
Chg in Class B Notes Int. Carryover Shortfall 0.00 0.00
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Total Note Monthly Interest
Total Note Monthly Interest Due $ 12,441,789.30 $ 4.48
Total Note Monthly Interest Paid 12,441,789.30 4.48
Total Note Monthly Interest Shortfall 0.00 0.00
Total Note Interest Carryover Shortfall 0.00 0.00
Chg in Total Note Int. Carryover Shortfall 0.00 0.00
Class C Certificates Monthly Interest
Class C Cert. Monthly Interest Due $ 366,122.92 $ 6.46
Class C Cert. Monthly Interest Paid 366,122.92 6.46
Class C Cert. Monthly Interest Shortfall 0.00 0.00
Class C Cert. Interest Carryover Shortfall 0.00 0.00
Chg in Class C Cert. Int. Carryover Shortfall 0.00 0.00
Class D Certificates Monthly Interest
Class D Cert. Monthly Interest Due $ 425,175.00 $ 7.50
Class D Cert. Monthly Interest Paid 425,175.00 7.50
Class D Cert. Monthly Interest Shortfall 0.00 0.00
Class D Cert. Interest Carryover Shortfall 0.00 0.00
Chg in Class D Cert. Int. Carryover Shortfall 0.00 0.00
Total Note and Certificate Monthly Interest
Total Note and Cert. Mthly Int. Due $ 13,233,087.22 $ 4.58
Total Note and Cert. Mthly Int. Paid 13,233,087.22 4.58
Total Note and Cert. Mthly Int. Shortfall 0.00 0.00
Total Note and Cert. Int. Carryover Shortfall 0.00 0.00
Change in Total Note and Certificate Interest
Carryover Shortfall $ 0.00 $ 0.00
Total Available for Principal Distribution $ 92,542,502.24
Principal:
Principal Distribution Amounts
First Priority Distribution Amount $ 0.00 $ 0.00
Second Priority Distribution Amount 0.00 0.00
Regular Principal Distribution Amount 105,174,832.83 36.38
Principal Distribution Amount 105,174,832.83 36.38
Principal Distribution Amounts Paid
Class A-1 Notes Monthly Principal Paid $ 0.00 $ 0.00
Class A-2 Notes Monthly Principal Paid 0.00 0.00
Class A-3 Notes Monthly Principal Paid 92,542,502.24 92.54
Class A-4 Notes Monthly Principal Paid 0.00 0.00
Class A-5 Notes Monthly Principal Paid 0.00 0.00
Class B Notes Monthly Principal Paid 0.00 0.00
Total Note Principal Paid 92,542,502.24 33.32
Class C Cert. Monthly Principal Paid $ 0.00 $ 0.00
Class D Cert. Monthly Principal Paid 0.00 0.00
Total Monthly Principal Paid 92,542,502.24 32.01
Collections Released to Servicer $ 0.00
Total Available for Distribution $ 107,740,889.78
Total Distributions (incl. Servicing Fee) $ 107,740,889.78
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III. POOL BALANCE AND PORTFOLIO INFORMATION
Balances and Pool Factors: Beginning Ending
Aggregate Balance of Notes $ 2,133,268,264.30 $ 2,040,725,762.06
Note Pool Factor 0.7680036 0.7346871
Class A-1 Notes Balance 0.00 0.00
Class A-1 Notes Pool Factor 0.0000000 0.0000000
Class A-2 Notes Balance 0.00 0.00
Class A-2 Notes Pool Factor 0.0000000 0.0000000
Class A-3 Notes Balance 887,588,264.30 795,045,762.06
Class A-3 Notes Pool Factor 0.8875883 0.7950458
Class A-4 Notes Balance 975,000,000.00 975,000,000.00
Class A-4 Notes Pool Factor 1.0000000 1.0000000
Class A-5 Notes Balance 171,480,000.00 171,480,000.00
Class A-5 Notes Pool Factor 1.0000000 1.0000000
Class B Notes Balance 99,200,000.00 99,200,000.00
Class B Notes Pool Factor 1.0000000 1.0000000
Class C Certificates Balance 56,690,000.00 56,690,000.00
Class C Certificates Pool Factor 1.0000000 1.0000000
Class D Certificates Balance 56,690,000.00 56,690,000.00
Class D Certificates Pool Factor 1.0000000 1.0000000
Total Note and Cert. Balance 2,246,648,264.30 2,154,105,762.06
Portfolio Information:
Wtd Average Coupon (WAC) 7.64% 7.64%
Wtd Average Remaining Maturity (WAM) 40.24 39.35
Remaining Number of Receivables 191,206 187,852
Portfolio Receivable Balance $ 2,358,360,379.18 $ 2,264,388,461.15
IV. OVERCOLLATERALIZATION INFORMATION
Specified Overcollateralization Amount $ 7,643,869.50
Specified Credit Enhancement Amount 22,643,884.61
Yield Supplement Overcollateralization Amount 115,271,160.18
Target Level of Overcollateralization 122,915,029.68
V. RECONCILIATION OF RESERVE ACCOUNT
Beginning Reserve Account Balance $ 15,000,015.11
Specified Reserve Account Balance 15,000,015.11
Reserve Release Amount 0.00
Reserve Account Draws 0.00
Interim Reserve Account Balance 15,000,015.11
Reserve Account Deposits Made 0.00
Ending Reserve Account Balance 15,000,015.11
Change in Reserve Account Balance 0.00
VI. NET LOSS AND DELINQUENCY ACCOUNT ACTIVITY
Liquidated Contracts:
Liquidation Proceeds $ 774,638.38
Recoveries from Prior Month Charge-Offs 16,293.70
Total Losses for Collection Period 2,219,237.20
Charge-off Rate for Collection Period (annualized) 0.73%
Cumulative Net Losses for all Periods
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Delinquent Receivables:
31-60 Days Delinquent $ 17,997,213.22
61-90 Days Delinquent 3,118,621.24
91-120 Days Delinquent 866,762.14
Over 120 Days Delinquent 545,571.09
Repossesion Inventory $ 2,566,211.52
Ratio of Net Losses to the Average Pool Balance:
Second Preceding Collection Period 0.3674%
Preceding Collection Period 0.4498%
Current Collection Period 0.7415%
Three Month Average 0.5196%
Ratio of 60+ Delinquent Contracts to Outstanding Receivables
Second Preceding Collection Period 0.1246%
Preceding Collection Period 0.1705%
Current Collection Period 0.1922%
Three Month Average 0.1624%