<PAGE>
Exhibit 99.2
AmSouth Auto Trust 2000-1
Monthly Servicing Report
<TABLE>
<CAPTION>
-----------------
Distribution Date: November 15, 2000 Closing Date October 19, 2000
-----------------
Collection Period Begin Date: October 1, 2000 Previous Distribution Date: October 19, 2000
Collection Period End Date: October 31, 2000 Previous Collection Period End Date: September 30, 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
10/19/2000 11/15/2000 10/19/2000 11/15/2000 10/19/2000 11/15/2000
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<S> <C> <C> <C> <C> <C> <C> <C>
i. Class A-1 Notes $230,000,000 $194,486,975 100.00% 84.56% - -
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: November 15, 2000 Closing Date: October 19, 2000
Collection Period Begin Date: October 1, 2000 Previous Distribution Date: October 19, 2000
Collection Period End Date: October 31, 2000 Previous Collection Period End Date: September 30, 2000
---------------------------------------------------------------------------------------------------------------------------
E. Portfolio Characteristics Initial Balance Balance as of Percent of Original as of
09/30/2000 09/30/2000 10/31/2000 09/30/2000 10/31/2000
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<S> <C> <C> <C> <C> <C>
i. Principal Balance $950,415,639 $950,415,639 $917,117,629 100.00% 96.50%
ii. Number of Contracts 73,293 73,293 72,091 100.00% 98.36%
iii. Weighted Average Coupon (WAC) 9.44% 9.44% 9.44%
iv. Weighted Average Original Term 61.40 61.40 61.46
v. Weighted Average Remaining Term 49.40 49.40 48.65
vi. Weighted Average Seasoning 12.00 12.00 12.80
----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
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F. Portfolio Performance # of Contracts % of Number of Contracts Principal Balance % of Principal Balance
09/30/2000 10/31/2000 09/30/2000 10/31/2000 09/30/2000 10/31/2000 09/30/2000 10/31/2000
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
i. 30-59 Days Delinquent - 461 0.00% 0.64% - $5,645,436 0.00% 0.62%
ii. 60-89 Days Delinquent - 8 0.00% 0.01% - 69,558 0.00% 0.01%
iii. 90-119 Days Delinquent - - 0.00% 0.00% - - 0.00% 0.00%
iv. 120+ Days Delinquent - - 0.00% 0.00% - - 0.00% 0.00%
v. Repo In Inventory (Charged-off) - 5 0.00% 0.01% - 24,474 0.00% 0.00%
vi. Repo In Inventory (Not Charged-Off) - 5 0.00% 0.01% - 76,615 0.00% 0.01%
vii. Gross Charge-Offs in Period - 5 0.00% 0.01% - 24,474 0.00% 0.00%
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<CAPTION>
----------------------------------------------------------------------------------------------------------
G. Portfolio Charge-Offs $ % of Original Balance
09/30/2000 10/31/2000 09/30/2000 10/31/2000
----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
i. Gross Charge-Offs In Period - $24,474 0.000% 0.003%
ii. Cumulative Gross Charge-Offs - 24,474 0.000% 0.003%
iii. Net Losses In Period - 24,474 0.000% 0.003%
iv. Cumulative Net Losses - 24,474 0.000% 0.003%
----------------------------------------------------------------------------------------------------------
</TABLE>
------------------------------------------------------------------------
H. Pool Collections
------------------------------------------------------------------------
i. Borrower Interest Collections $ 7,588,559.45
ii. Borrower Principal Collections 33,215,997.30
iii. Net Liquidation Proceeds 47,537.43
iv. Recoveries -
v. Repurchase Amounts (Interest) 73.81
vi. Repurchase Amounts (Principal) 10,000.95
vii. Total Interest Collections 7,588,633.26
viii. Total Principal Collections 33,273,535.68
------------------------------------------------------------------------
------------------------------------------------------------------------
I. Pool Balance Reconciliation
------------------------------------------------------------------------
i. Beginning Pool Balance $950,415,639.00
ii. Pool Balance Reductions from Principal Collections 33,273,535.68
iii. Gross Charge-Offs In Period 24,473.90
iv. Ending Pool Balance 917,117,629.42
------------------------------------------------------------------------
Page 2 of 4
<PAGE>
AmSouth Auto Trust 2000-1
Monthly Servicing Report
<TABLE>
<S> <C> <C>
Distribution Date: November 15, 2000 Closing Date October 19, 2000
Collection Period Begin Date: October 1, 2000 Previous Distribution Date: October 19, 2000
Collection Period End Date: October 31, 2000 Previous Collection Period End Date September 30, 2000
</TABLE>
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J. Total Available
------------------------------------------------------------------------------
i. Total Pool Collections $40,862,168.94
ii Reinvestment Income from Reserve Account 13,538.56
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 40,875,707.50
------------------------------------------------------------------------------
<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 $ 792,013.03
Previous Servicing Fee Shortfall 0.00
==============
i. Total Servicing Fee 792,013.03 $ 792,013.03 $40,875,707.50 $7,128,117.29 $0.00 $ 792,013.03
ii. Class A Notes Interest Distribution 4,348,264.34 40,083,694.47 7,128,117.29 0.00 4,348,264.34
Class A Notes Balance 888,640,000.00
Pool Balance 917,117,629.42
==============
iii. First Priority Principal Distribution 0.00 0.00 35,735,430.12 7,128,117.29 0.00 0.00
iv. Class B Notes Interest Distribution 145,781.13 35,735,430.12 7,128,117.29 0.00 145,781.13
Class A and B Notes Balance 917,150,000.00
Pool Balance 917,117,629.42
==============
v. Second Priority Principal Distribution 32,370.58 32,370.58 35,589,648.99 7,128,117.29 0.00 32,370.58
vi. Class C Notes Interest Distribution 76,623.73 35,557,278.41 7,128,117.29 0.00 76,623.73
vii. Reserve Fund Deposit 0.00 35,480,654.68 0.00
Outstanding Money Market Securities 230,000,000.00
Total Notes Balance 931,410,000.00
Specified Credit Enhancement Amount 29,806,322.96
Specified Reserve Account Amount 7,128,117.29
--------------
Specified Overcollateralization
Amount 22,678,205.67
Target Securities Balance 894,439,423.75
==============
viii. Regular Principal Distribution 229,967,629.42 229,967,629.42 35,480,654.68 35,480,654.68
ix. Release to Seller 0.00 0.00 7,128,117.29 0.00
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 3 of 4
<PAGE>
AmSouth Auto Trust 2000-1
Monthly Servicing Report
<TABLE>
<S> <C> <C>
Distribution Date: November 15, 2000 Closing Date October 19, 2000
Collection Period Begin Date: October 1, 2000 Previous Distribution Date: October 19, 2000
Collection Period End Date: October 31, 2000 Previous Collection Period End Date September 30, 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 $4,348,264.34 - - $4,348,264.34 $4,348,264.34 -
Class A-1 Notes 6.745% 27 1,163,512.50 - - 1,163,512.50 1,163,512.50 -
Class A-2 Notes 6.70% 26 1,161,333.33 - - 1,161,333.33 1,161,333.33 -
Class A-3 Notes 6.67% 26 1,517,425.00 - - 1,517,425.00 1,517,425.00 -
Class A-4 Notes 6.76% 26 505,993.51 - - 505,993.51 505,993.51 -
Class B Notes 7.08% 26 145,781.13 - - 145,781.13 145,781.13 -
Class C Notes 7.44% 26 76,623.73 - - 76,623.73 76,623.73 -
---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
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M. Bond Principal Distributions
-------------------------------------------------------------
First Priority Principal Distribution $ -
Second Priority Principal Distribution 32,370.58
Regular Principal Distribution 35,480,654.68
==============
Total Principal Distribution 35,513,025.26
Class A-1 Notes Principal Distribution 35,513,025.26
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
