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EXHIBIT 20(b)
ANNUAL STATEMENT AS TO COMPLIANCE
Officer's Certificate
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I, George 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 Sale and
Servicing Agreement (the "Agreement") dated June 1, 2000 among TMCC, Toyota
Motor Credit Receivables Corporation as seller, for the period from June
27, 2000 through September 30, 2000, and of the performance of the Servicer
under the Agreement has been made under my supervision; and
(b) to the best of my knowledge, based on such review, the Servicer has
fulfilled all of its obligations under the Agreement throughout such period.
Date: December 20, 2000 /S/ GEORGE E. BORST
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George E. Borst
President and
Chief Executive Officer
