Exhibit 19
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<CAPTION>
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 10/02/00 05:08 pm
Investor Reporting System v2.7 Monthly Statement 09/00 Activity
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Principal Receivables FCARC Investor
------------------- -------------------
<S> <C> <C>
Beginning Principal Receivables $4,663,020,229.70 $2,510,000,000.00
Current Floating Allocation Pct. 65.00776633% 34.99223367%
Total Adj. Principal Collections $2,238,675,891.24 $1,205,029,403.74
Principal Default Amounts $0.00 $0.00
As a Percentage of Collections 0.00000000% 0.00000000%
Monthly Principal Amortized $0.00
Ending Principal Receivables $4,848,945,573.11 $2,510,000,000.00
New Floating Allocation Pct. 65.89185264% 34.10814736%
Interest Collections FCARC Investor
-------------------- -------------------
Total Interest Collections $43,532,645.03 $23,432,653.87
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</TABLE>
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Early Amortization Triggered? Yes No
--- ---
1. Breach of covenants or agreements made in the x
PSA and uncured for 45 days
2. Breach of any representation or warranty made x
in the PSA and uncured for 60 days
3. Bankruptcy, insolvency or receivership of FMCC, x
FCARC, or Ford
4. FCARC is an investment company within the x
meaning of the ICA of 1940
5. Failure of FCARC to convey Receivables pursuant x
to the PSA
6. Available Subordinated Amount has been reduced x
to less than the Required Subordinated Amount
7. Servicer Default has occurred x
8. Average monthly payment rate for past three x
periods is less than 20%
9. Used vehicle percentage exceeds 10% for two x
collection periods
10. Interest rate swap is terminated in accordance x
with its terms
11. Outstanding principal amount of the certificates x
is not repaid by the expected payment date
<PAGE>
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<CAPTION>
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 10/02/00 05:08 pm
Investor Reporting System v2.7 Monthly Statement 09/00 Activity
----------------------------------------------------------------------------
Principal Receivables Trust Total
-------------------
<S> <C>
Beginning Principal Receivables $7,173,020,229.70
Current Floating Allocation Percentage 100.00000000%
Total Adjusted Principal Collections $3,443,705,294.98
Payment Rate 48.01%
Principal Collections $2,978,542,777.21
Principal Collection Adjustments $465,147,020.77
Principal Collections for Status Dealer Accounts $15,497.00
Principal Default Amounts $0.00
As a Percentage of Collections 0.00000000%
Aggregate New Principal Receivables $3,629,630,638.39
Ending Principal Receivables $7,358,945,573.11
New Floating Allocation Percentage 100.00000000%
Interest Collections Trust Total
-------------------
Total Interest Collections $66,965,298.90
Interest Collections $66,965,298.90
Interest Collections for Status Dealer Accounts $0.00
Recoveries on Receivables Written Off $0.00
Monthly Yield 11.20%
Used Vehicle Principal Receivables Balance $135,244,598.04%
1.84%
Status Dealer Accounts Trust Total
-------------------
Beginning Balance $396,009.09
Principal Collections $15,497.00
Principal Write Offs $0.00
Interest Collections $0.00
Ending Balance $380,512.09
Subordination and Participation Trust Total
-------------------
Incremental Subordinated Amount $0.00
Overconcentration Amount $0.00
Installment Amount $0.00
Other Ineligible Amounts $0.00
Available Subordinated Amount $278,888,888.89
Required Subordinated Amount $278,888,888.89
Required Participation 4.00% $100,400,000.00
Required Participation and Subordinated Amount $379,288,888.89
</TABLE>
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<TABLE>
<CAPTION>
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 10/02/00 05:08 pm
Investor Reporting System v2.7 Monthly Statement 09/00 Activity
----------------------------------------------------------------------------
<S> <C>
Current Participation Amount $4,848,945,573.11
Current Participation Percentage 1278.43%
Current Participation Shortfall $0.00
Available Seller Collections $2,282,208,536.27
Subordinated Draw Amount $0.00
Reserve Fund Deposit $0.00
Available Seller Collections to FCARC $2,282,208,536.27
</TABLE>
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<TABLE>
<CAPTION>
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 10/02/00 05:08 pm
Investor Reporting System v2.7 Monthly Statement 09/00 Activity
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Series Allocations 1996-1
-------------------
<S> <C>
Certificates $800,000,000.00
Current Floating Allocation Percentage 11.15290316%
Total Adjusted Principal collections $384,073,116.73
Principal Default Amounts $0.00
Total Interest Collections $7,468,574.94
Source and Use of Funds 1996-1
-------------------
Investor Interest Funding Account Balance $7,468,574.94
Investment and Net Swap Proceeds ($897,222.22)
Reserve Fund Balance $2,800,000.00
Total Investor Collections and Reserve Fund $9,371,352.72
Certificates Outstanding $800,000,000.00
Certificate Rate 5.5000%
Days in Interest Period 30
Current Interest Due $3,666,666.67
Net Trust Swap Receipts not req. to be paid $0.00
Prior months Swap Receipts payable this month $0.00
Current Interest Paid $3,666,666.67
Current Interest Shortfall $0.00
Additional Interest Due $0.00
Additional Interest Paid $0.00
Additional Interest Shortfall $0.00
Deferred Interest Due $0.00
Deferred Interest Paid $0.00
Deferred Interest Shortfall $0.00
Servicing Fees Due FMCC 1.00% $666,666.67
Servicing Fees Paid $666,666.67
Servicing Fees Shortfall $0.00
Deferred Servicing Fees Due FMCC $0.00
Deferred Servicing Fees Paid $0.00
Deferred Servicing Fees Shortfall $0.00
Reserve Fund Required Amount $2,800,000.00
Reserve Fund Deposit (Draw) Amount $0.00
Current Investor Default Amount Due $0.00
Current Investor Default Amount Paid $0.00
Current Investor Default Amount Shortfall $0.00
Deferred Investor Default Amount Due $0.00
Deferred Investor Default Amount Paid $0.00
Deferred Investor Default Amount Shortfall $0.00
Asset Composition Premium $0.00
Excess Servicing (Deficiency) Amount $2,238,019.38
</TABLE>
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<TABLE>
<CAPTION>
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 10/02/00 05:08 pm
Investor Reporting System v2.7 Monthly Statement 09/00 Activity
----------------------------------------------------------------------------
<S> <C>
Subordination and Participation 1996-1
-------------------
Incremental Subordinated Amount $0.00
Available Subordinated Amount $88,888,888.89
Required Subordinated Amount $88,888,888.89
Required Participation 4.00% $32,000,000.00
Required Participation and Subordinated Amount $120,888,888.89
Subordinated Draw Amount $0.00
Reserve Fund Deposit $0.00
Reserve Fund Balance $2,800,000.00
Controlled Distribution Amount $0.00
Principal Funding Account Balance $0.00
Excess Funding Account Balance $0.00
Principal Payment Amont $0.00
Pool Factor 1.000000000000
Interest Funding Account Balance $7,333,333.34
Interest Payment Date? N
Cum. Net Trust Swap Receipts not req. to be paid $0.00
Interest Payment Amount Due $0.00
Interest Payment Amount Paid $0.00
Interest Payment Amount Shortfall $0.00
Distributions to Holders of Certificates 1996-1
(per $1,000 denomination certificate) -------------------
Total Amount Distributed $0.00000000
Total Amount Allocable to Principal $0.00000000
Total Amount Allocable to Interest $0.00000000
</TABLE>
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<TABLE>
<CAPTION>
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 10/02/00 05:08 pm
Investor Reporting System v2.7 Monthly Statement 09/00 Activity
-----------------------------------------------------------------------------------
Series Allocations 1996-2
-------------------
<S> <C>
Certificates $960,000,000.00
Current Floating Allocation Percentage 13.38348379%
Total Adjusted Principal collections $460,887,740.08
Principal Default Amounts $0.00
Total Interest Collections $8,962,289.93
Source and Use of Funds 1996-2
-------------------
Investor Interest Funding Account Balance $8,962,289.93
Investment and Net Swap Proceeds $0.00
Reserve Fund Balance $3,360,000.00
Total Investor Collections and Reserve Fund $12,322,289.93
Certificates Outstanding $960,000,000.00
Certificate Rate 6.8100%
Days in Interest Period 31
Current Interest Due $5,629,600.00
Net Trust Swap Receipts not req. to be paid $152,933.33
Prior months Swap Receipts payable this month $0.00
Current Interest Paid $5,476,666.67
Current Interest Shortfall $0.00
Additional Interest Due $0.00
Additional Interest Paid $0.00
Additional Interest Shortfall $0.00
Deferred Interest Due $0.00
Deferred Interest Paid $0.00
Deferred Interest Shortfall $0.00
Servicing Fees Due FMCC 1.00% $800,000.00
Servicing Fees Paid $800,000.00
Servicing Fees Shortfall $0.00
Deferred Servicing Fees Due FMCC $0.00
Deferred Servicing Fees Paid $0.00
Deferred Servicing Fees Shortfall $0.00
Reserve Fund Required Amount $3,360,000.00
Reserve Fund Deposit (Draw) Amount $0.00
Current Investor Default Amount Due $0.00
Current Investor Default Amount Paid $0.00
Current Investor Default Amount Shortfall $0.00
Deferred Investor Default Amount Due $0.00
Deferred Investor Default Amount Paid $0.00
Deferred Investor Default Amount Shortfall $0.00
Asset Composition Premium $0.00
Excess Servicing (Deficiency) Amount $2,685,623.26
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 10/02/00 05:08 pm
Investor Reporting System v2.7 Monthly Statement 09/00 Activity
-----------------------------------------------------------------------------------
<S> <C>
Subordination and Participation 1996-2
-------------------
Incremental Subordinated Amount $0.00
Available Subordinated Amount $106,666,666.67
Required Subordinated Amount $106,666,666.67
Required Participation 4.00% $38,400,000.00
Required Participation and Subordinated Amount $145,066,666.67
Subordinated Draw Amount $0.00
Reserve Fund Deposit $0.00
Reserve Fund Balance $3,360,000.00
Controlled Distribution Amount $0.00
Principal Funding Account Balance $0.00
Excess Funding Account Balance $0.00
Principal Payment Amont $0.00
Pool Factor 1.000000000000
Interest Funding Account Balance $10,953,333.34
Interest Payment Date? N
Cum. Net Trust Swap Receipts not req. to be paid $305,866.66
Interest Payment Amount Due $0.00
Interest Payment Amount Paid $0.00
Interest Payment Amount Shortfall $0.00
Distributions to Holders of Certificates 1996-2
(per $1,000 denomination certificate) -------------------
Total Amount Distributed $0.00000000
Total Amount Allocable to Principal $0.00000000
Total Amount Allocable to Interest $0.00000000
</TABLE>
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<TABLE>
<CAPTION>
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 10/02/00 05:08 pm
Investor Reporting System v2.7 Monthly Statement 09/00 Activity
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Series Allocations 1997-1
-------------------
<S> <C>
Certificates $750,000,000.00
Current Floating Allocation Percentage 10.45584671%
Total Adjusted Principal collections $360,068,546.93
Principal Default Amounts $0.00
Total Interest Collections $7,001,789.00
Source and Use of Funds 1997-1
-------------------
Investor Interest Funding Account Balance $7,001,789.00
Investment and Net Swap Proceeds $339,036.47
Reserve Fund Balance $2,625,000.00
Total Investor Collections and Reserve Fund $9,965,825.47
Certificates Outstanding $750,000,000.00
Certificate Rate 6.8238%
Days in Interest Period 31
Current Interest Due $4,407,005.21
Net Trust Swap Receipts not req. to be paid $0.00
Prior months Swap Receipts payable this month $210,677.09
Current Interest Paid $4,617,682.30
Current Interest Shortfall $0.00
Additional Interest Due $0.00
Additional Interest Paid $0.00
Additional Interest Shortfall $0.00
Deferred Interest Due $0.00
Deferred Interest Paid $0.00
Deferred Interest Shortfall $0.00
Servicing Fees Due FMCC 1.00% $625,000.00
Servicing Fees Paid $625,000.00
Servicing Fees Shortfall $0.00
Deferred Servicing Fees Due FMCC $0.00
Deferred Servicing Fees Paid $0.00
Deferred Servicing Fees Shortfall $0.00
Reserve Fund Required Amount $2,625,000.00
Reserve Fund Deposit (Draw) Amount $0.00
Current Investor Default Amount Due $0.00
Current Investor Default Amount Paid $0.00
Current Investor Default Amount Shortfall $0.00
Deferred Investor Default Amount Due $0.00
Deferred Investor Default Amount Paid $0.00
Deferred Investor Default Amount Shortfall $0.00
Asset Composition Premium $0.00
Excess Servicing (Deficiency) Amount $2,098,143.17
</TABLE>
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<TABLE>
<CAPTION>
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 10/02/00 05:08 pm
Investor Reporting System v2.7 Monthly Statement 09/00 Activity
-----------------------------------------------------------------------------------
<S> <C>
Subordination and Participation 1997-1
-------------------
Incremental Subordinated Amount $0.00
Available Subordinated Amount $83,333,333.33
Required Subordinated Amount $83,333,333.33
Required Participation 4.00% $30,000,000.00
Required Participation and Subordinated Amount $113,333,333.33
Subordinated Draw Amount $0.00
Reserve Fund Deposit $0.00
Reserve Fund Balance $2,625,000.00
Controlled Distribution Amount $0.00
Principal Funding Account Balance $0.00
Excess Funding Account Balance $0.00
Principal Payment Amont $0.00
Pool Factor 1.000000000000
Interest Funding Account Balance $12,936,692.71
Interest Payment Date? Y
Cum. Net Trust Swap Receipts not req. to be paid $0.00
Interest Payment Amount Due $12,936,692.71
Interest Payment Amount Paid $12,936,692.71
Interest Payment Amount Shortfall $0.00
Distributions to Holders of Certificates 1997-1
(per $1,000 denomination certificate) -------------------
Total Amount Distributed $17.24892361
Total Amount Allocable to Principal $0.00000000
Total Amount Allocable to Interest $17.24892361
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