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EXHIBIT 20(b)
ANNUAL STATEMENT AS TO COMPLIANCE
Officer's Certificate
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I, George E. Borst, President and Chief Executive Officer of Toyota Motor
Credit Corporation ("TMCC"), hereby certify as follows:
(a) a review of the activities of TMCC as Servicer under the 1998-B SUBI
Servicing Supplement (the "Agreement") dated September 1, 1998 among TMTT,
Inc., as Titling Trustee, TMCC, as Servicer, and U.S. Bank National
Association, as Trust Agent, for the year ended September 30, 2000, and of the
performance of the Servicer under the Agreement has been made under my
supervision;
(b) to the best of my knowledge, based on such review, no default has
occurred by the Servicer under the Agreement throughout such period; and
(c) throughout such period the Servicer has maintained in full force and
effect the Contingent and Excess Liability Insurance Policies required pursuant
to Section 4.12 of the Agreement.
Date: December 20, 2000 /S/ GEORGE E. BORST
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George E. Borst
President and
Chief Executive Officer
(Principal Executive Officer)
