<PAGE>
Exhibit 99.2
AmSouth Auto Trust 2000-1
Monthly Servicing Report
<TABLE>
<CAPTION>
-----------------
Distribution Date: December 15, 2000 Closing Date October 19, 2000
-----------------
Collection Period Begin Date: November 1, 2000 Previous Distribution Date: November 15, 2000
Collection Period End Date: November 30, 2000 Previous Collection Period End Date: October 31, 2000
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A. Initial Bond Characteristics Cutoff Accrual
Balance Coupon Calendar Legal Final Maturity CUSIP
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<S> <C> <C> <C> <C> <C> <C>
i. Class A-1 Notes $230,000,000 6.745% Actual/360 11/15/2001 03216TAA8
ii. Class A-2 Notes 240,000,000 6.700% 30/360 02/17/2003 03216TAB6
iii. Class A-3 Notes 315,000,000 6.670% 30/360 07/15/2004 03216TAC4
iv. Class A-4 Notes 103,640,000 6.760% 30/360 02/15/2005 03216TAD2
v. Class B Notes 28,510,000 7.080% 30/360 07/15/2005 03216TAE0
vi. Class C Notes 14,260,000 7.440% 30/360 02/15/2007 03216TAF7
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</TABLE>
<TABLE>
<CAPTION>
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B. Bond Balances Balance as of % of Original Balance Unpaid Interest Unpaid Interest
11/15/2000 12/15/2000 11/15/2000 12/15/2000 11/15/2000 12/15/2000
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<S> <C> <C> <C> <C> <C> <C> <C>
i. Class A-1 Notes $194,486,975 $163,162,494 84.56% 70.94% - -
ii. Class A-2 Notes 240,000,000 240,000,000 100.00% 100.00% - -
iii. Class A-3 Notes 315,000,000 315,000,000 100.00% 100.00% - -
iv. Class A-4 Notes 103,640,000 103,640,000 100.00% 100.00% - -
v. Class B Notes 28,510,000 28,510,000 100.00% 100.00% - -
vi. Class C Notes 14,260,000 14,260,000 100.00% 100.00% - -
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C. Reserve Account
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i. Initial Reserve Deposit $7,128,117.29
ii. Beginning of Period Reserve Balance 7,128,117.29
iii. Specified Reserve Account Percent 0.75% of Initial Pool Balance
iv. Specified Reserve Account Floor 7,128,117.29
v. Specified Reserve Account Balance 7,128,117.29
vi. Reserve Account Release -
vii. Reserve Account Draws -
viii. Reserve Account Deposits -
ix. End of Period Reserve Balance 7,128,117.29
x. Specified Credit Enhancement Percent 3.25%
xi. Specified Credit Enhancement Floor 7,128,117.29
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D. Servicing
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I. Servicing Fee Percentage 1.00%
ii. Beginning of Period Servicing Shortfall -
iii. End of Period Servicing Shortfall -
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</TABLE>
Page 1 of 4
<PAGE>
AmSouth Auto Trust 2000-1
Monthly Servicing Report
<TABLE>
<CAPTION>
Distribution Date: December 15, 2000 Closing Date October 19, 2000
Collection Period Begin Date: November 1, 2000 Previous Distribution Date: November 15, 2000
Collection Period End Date: November 30, 2000 Previous Collection Period End Date: October 31, 2000
---------------------------------------------------------------------------------------------------------------------------
E. Portfolio Characteristics Initial Balance Balance as of Percent of Original as of
09/30/2000 10/31/2000 11/30/2000 10/31/2000 11/30/2000
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<S> <C> <C> <C> <C> <C>
i. Principal Balance $950,415,639 $917,117,629 $887,078,346 96.50% 93.34%
ii. Number of Contracts 73,293 72,091 71,033 98.36% 96.92%
iii. Weighted Average Coupon (WAC) 9.44% 9.44% 9.44%
iv. Weighted Average Original Term 61.40 61.46 61.50
v. Weighted Average Remaining Term 49.40 48.65 47.85
vi. Weighted Average Seasoning 12.00 12.80 13.65
----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
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F. Portfolio Performance # of Contracts % of Number of Contracts Principal Balance % of Principal Balance
10/31/2000 11/30/2000 10/31/2000 11/30/2000 10/31/2000 11/30/2000 10/31/2000 11/30/2000
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
i. 30-59 Days Delinquent 461 479 0.64% 0.67% $5,645,436 $5,898,720 0.62% 0.66%
ii. 60-89 Days Delinquent 8 91 0.01% 0.13% 69,558 1,239,553 0.01% 0.14%
iii. 90-119 Days Delinquent - 3 0.00% 0.00% - 17,902 0.00% 0.00%
iv. 120+ Days Delinquent - - 0.00% 0.00% - - 0.00% 0.00%
v. Repo In Inventory (Charged-off) 5 8 0.01% 0.01% 24,474 51,002 0.00% 0.01%
vi. Repo In Inventory (Not Charged-Off) 5 4 0.01% 0.01% 76,615 84,823 0.01% 0.01%
vii. Gross Charge-Offs in Period 5 8 0.01% 0.01% 24,474 51,002 0.00% 0.01%
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<CAPTION>
----------------------------------------------------------------------------------------------------------
G. Portfolio Charge-Offs $ % of Original Balance
10/31/2000 11/30/2000 10/31/2000 11/30/2000
----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
i. Gross Charge-Offs In Period $24,474 $51,002 0.003% 0.005%
ii. Cumulative Gross Charge-Offs 24,474 75,476 0.003% 0.008%
iii. Net Losses In Period 24,474 49,283 0.003% 0.005%
iv. Cumulative Net Losses 24,474 73,757 0.003% 0.008%
----------------------------------------------------------------------------------------------------------
</TABLE>
------------------------------------------------------------------------
H. Pool Collections
------------------------------------------------------------------------
i. Borrower Interest Collections $ 7,091,979.35
ii. Borrower Principal Collections 29,918,455.04
iii. Net Liquidation Proceeds 69,825.59
iv. Recoveries 1,719.09
v. Repurchase Amounts (Interest) -
vi. Repurchase Amounts (Principal) -
vii. Total Interest Collections 7,091,979.35
viii. Total Principal Collections 29,989,999.72
------------------------------------------------------------------------
------------------------------------------------------------------------
I. Pool Balance Reconciliation
------------------------------------------------------------------------
i. Beginning Pool Balance $917,117,629.42
ii. Pool Balance Reductions from Principal Collections 29,988,280.63
iii. Gross Charge-Offs In Period 51,002.40
iv. Ending Pool Balance 887,078,346.39
------------------------------------------------------------------------
Page 2 of 4
<PAGE>
AmSouth Auto Trust 2000-1
Monthly Servicing Report
<TABLE>
<S> <C> <C>
Distribution Date: December 15, 2000 Closing Date October 19, 2000
Collection Period Begin Date: November 1, 2000 Previous Distribution Date: November 15, 2000
Collection Period End Date: November 30, 2000 Previous Collection Period End Date October 31, 2000
</TABLE>
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J. Total Available
------------------------------------------------------------------------------
i. Total Pool Collections $37,081,979.07
ii Reinvestment Income from Reserve Account 31,279.93
Reserve Account Balance $ 7,128,117.29
Specified Reserve Account Amount 7,128,117.29
==============
iii. Reserve Account Release 0.00 0.00
iv. Collected Funds 37,113,259.00
------------------------------------------------------------------------------
<TABLE>
<CAPTION>
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K. Waterfall
Reserve
Amount Available Reserve Account Amount
Calculation Steps Amount Due for Distribution Balance Draw Paid
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<S> <C> <C> <C> <C> <C> <C>
Servicing Fee $ 764,264.69
Previous Servicing Fee Shortfall 0.00
==============
i. Total Servicing Fee 764,264.69 $ 764,264.69 $ 37,113,259.00 $7,128,117.29 $0.00 $ 764,264.69
ii. Class A Notes Interest Distribution 4,767,892.54 36,348,994.31 7,128,117.29 0.00 4,767,892.54
Class A Notes Balance 853,126,974.74
Pool Balance 887,078,346.39
==============
iii. First Priority Principal Distribution 0.00 0.00 31,581,101.77 7,128,117.29 0.00 0.00
iv. Class B Notes Interest Distribution 168,209.00 31,581,101.77 7,128,117.29 0.00 168,209.00
Class A and B Notes Balance 881,636,974.74
Pool Balance 887,078,346.39
==============
v. Second Priority Principal Distribution 0.00 0.00 31,412,892.77 7,128,117.29 0.00 0.00
vi. Class C Notes Interest Distribution 88,412.00 31,412,892.77 7,128,117.29 0.00 88,412.00
vii. Reserve Fund Deposit 0.00 31,324,480.77 0.00
Outstanding Money Market Securities 194,486,974.74
Total Notes Balance 895,896,974.74
Specified Credit Enhancement Amount 28,830,046.26
Specified Reserve Account Amount 7,128,117.29
--------------
Specified Overcollateralization
Amount 21,701,928.97
Target Securities Balance 865,376,417.42
==============
viii. Regular Principal Distribution 194,486,974.74 194,486,974.74 31,324,480.77 31,324,480.77
ix. Release to Seller 0.00 0.00 7,128,117.29 0.00
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</TABLE>
Page 3 of 4
<PAGE>
AmSouth Auto Trust 2000-1
Monthly Servicing Report
<TABLE>
<S> <C> <C>
Distribution Date: December 15, 2000 Closing Date October 19, 2000
Collection Period Begin Date: November 1, 2000 Previous Distribution Date: November 15, 2000
Collection Period End Date: November 30, 2000 Previous Collection Period End Date October 31, 2000
</TABLE>
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------------------------
L. Bond Interest Distributions Accrued
Number of Previous Interest on Total Bond Total Bond
Days in Current Interest Interest Interest Interest Interest
Coupon Period Interest Shortfall shortfall Due Paid Shortfall
---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Total Class A Notes $4,767,892.54 $ - $ - $4,767,892.54 $4,767,892.54 $ -
Class A-1 Notes 6.745% 30 1,093,178.87 - - 1,093,178.87 1,093,178.87 -
Class A-2 Notes 6.70% 30 1,340,000.00 - - 1,340,000.00 1,340,000.00 -
Class A-3 Notes 6.67% 30 1,750,875.00 - - 1,750,875.00 1,750,875.00 -
Class A-4 Notes 6.76% 30 583,838.67 - - 583,838.67 583,838.67 -
Class B Notes 7.08% 30 168,209.00 - - 168,209.00 168,209.00 -
Class C Notes 7.44% 30 88,412.00 - - 88,412.00 88,412.00 -
---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
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M. Bond Principal Distributions
-------------------------------------------------------------
First Priority Principal Distribution $ -
Second Priority Principal Distribution -
Regular Principal Distribution 31,324,480.77
==============
Total Principal Distribution 31,324,480.77
Class A-1 Notes Principal Distribution 31,324,480.77
Class A-2 Notes Principal Distribution -
Class A-3 Notes Principal Distribution -
Class A-4 Notes Principal Distribution -
Class B Notes Principal Distribution -
Class C Notes Principal Distribution -
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Page 4 of 4
