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Previous: TOYOTA MOTOR CREDIT RECEIVABLES CORP, 8-K, 2000-12-20 |
Next: BANC STOCK GROUP INC, 8-K, 2000-12-20 |
Exhibit 20
TOYOTA MOTOR CREDIT CORPORATION
SERVICER'S Report—Toyota Auto Receivables 2000-B Owner Trust
Distribution Date of December 15, 2000 for the Collection Period November 1, 2000 through November 30, 200
0
| Total | Class A-1 Balance |
Class A-2 Balance |
Class A-3 Balance |
Class A-4 Balance |
|||||||||||||||
| Pool Data—Original Deal Parameters |
|||||||||||||||||||
| Securities Balance | $ | 1,411,797,000.00 | $ | 366,759,000.00 | $ | 429,000,000.00 | $ | 407,000,000.00 | $ | 209,038,000.00 | |||||||||
| Receivables Pool Balance | $ | 1,455,461,330.00 | |||||||||||||||||
| Principal Factor | 1.00000000 | 1.00000000 | 1.00000000 | 1.00000000 | 1.00000000 | ||||||||||||||
| Rate | 6.66 | % | 6.75 | % | 6.76 | % | 6.80 | % | |||||||||||
| Final Scheduled Payment Date | October 15, 2001 | May 15, 2003 | August 15, 2004 | April 15, 2007 | |||||||||||||||
| Number of Contracts | 105,023 | ||||||||||||||||||
| Weighted Average Coupon | 10.34 | % | |||||||||||||||||
| Weighted Average Remaining Term | 49.90 | months | |||||||||||||||||
| Servicing Fee Rate | 1.00 | % | |||||||||||||||||
| Pool Data—Prior Month | |||||||||||||||||||
| Securities Balance | $ | 1,319,471,853.30 | $ | 274,433,853.30 | $ | 429,000,000.00 | $ | 407,000,000.00 | $ | 209,038,000.00 | |||||||||
| Receivables Pool Balance | $ | 1,363,136,183.30 | |||||||||||||||||
| Securities Pool Factor | 0.93460452 | 0.74826754 | 1.00000000 | 1.00000000 | 1.00000000 | ||||||||||||||
| Number of Contracts | 102,034 | ||||||||||||||||||
| Weighted Average Coupon | 10.34 | % | |||||||||||||||||
| Weighted Average Remaining Term | 48.19 | months | |||||||||||||||||
| Precompute and Simple Interest Advances |
$ | 3,743,350.22 | |||||||||||||||||
| Payahead Account Balance | $ | 1,931,165.50 | |||||||||||||||||
| Supplemental Servicing Fee Received | $ | 116,798.76 | |||||||||||||||||
| Interest Shortfall | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||
| Principal Shortfall | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||
| Pool Data—Current Month | |||||||||||||||||||
| Securities Balance | $ | 1,276,841,057.06 | $ | 231,803,057.06 | $ | 429,000,000.00 | $ | 407,000,000.00 | $ | 209,038,000.00 | |||||||||
| Receivables Pool Balance | $ | 1,320,505,387.06 | |||||||||||||||||
| Securities Pool Factor | 0.90440839 | 0.63203100 | 1.00000000 | 1.00000000 | 1.00000000 | ||||||||||||||
| Number of Contracts | 100,609 | ||||||||||||||||||
| Weighted Average Coupon | 10.35 | % | |||||||||||||||||
| Weighted Average Remaining Term | 47.34 | months | |||||||||||||||||
| Precompute and Simple Interest Advances |
$ | 4,457,456.77 | |||||||||||||||||
| Payahead Account Balance | $ | 1,950,752.23 | |||||||||||||||||
| Supplemental Servicing Fee Received | $ | 118,781.37 | |||||||||||||||||
| Interest Shortfall | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||
| Principal Shortfall | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||
TOYOTA MOTOR CREDIT CORPORATION
SERVICER'S Report—Toyota Auto Receivables 2000-B Owner Trust
Distribution Date of December 15, 2000 for the Collection Period November 1, 2000 through November 30, 2000
| Reserve Fund | ||||
| Initial Deposit Amount | $ | 3,638,653.00 | ||
| Specified Reserve Fund Percentage | 0.75 | % | ||
| Specified Reserve Fund Amount | $ | 9,903,790.40 | ||
| Specified Reserve Fund Percentage (if Condition i or ii met) | 5.50 | % | ||
| Specified Reserve Fund Amount (if Condition i or ii met) | $ | 70,226,258.14 | ||
| Beginning Balance | $ | 10,223,521.37 | ||
| Total Withdraw | $ | 0.00 | ||
| Amount Available for Deposit to the Reserve Fund | $ | 3,362,434.49 | ||
| Reserve Fund Balance Prior to Release | $ | 13,585,955.86 | ||
| Reserve Fund Required Amount | $ | 9,903,790.40 | ||
| Reserve Fund Release to Seller | $ | 3,682,165.46 | ||
| Ending Reserve Fund Balance | $ | 9,903,790.40 | ||
Liquidation of Charge-offs and Repossessions
| Vehicles | Amount | ||||||
| Liquidated Contracts | 22 | ||||||
| Gross Principal Balance of Liquidated Receivables | $ | 208,835.19 | |||||
| Net Liquidation Proceeds Received During the Collection Period | $ | (127,463.79 | ) | ||||
| Recoveries on Previously Liquidated Contracts | $ | 0.00 | |||||
| Aggregate Credit Losses for the Collection Period | $ | 81,371.40 | |||||
| Cumulative Credit Losses for all Periods | 32 | $ | 114,947.36 | ||||
| Repossessed in Current Period | 79 | ||||||
Ratio of Net Credit Losses to the Average Pool Balance for Each Collection Period:
| Annualized Average Charge-Off Rate | ||||
| Second Preceding Collection Period | 0.02 | % | ||
| First Preceding Collection Period | 0.02 | % | ||
| Current Collection Period | 0.07 | % | ||
| Condition (i) (Charge-off Rate) | ||||
| Three Month Average | 0.04 | % | ||
| Charge-off Rate Indicator ( > 1.25%) | condition not met | |||
TOYOTA MOTOR CREDIT CORPORATION
SERVICER'S Report—Toyota Auto Receivables 2000-B Owner Trust
Distribution Date of December 15, 2000 for the Collection Period November 1, 2000 through November 30, 2000
Delinquent and Repossessed Contracts
| Percent | Contracts | Percent | Amount | ||||||||||
| 31-60 Days Delinquent | 2.03 | % | 2,046 | 2.14 | % | $ | 27,298,634.54 | ||||||
| 61-90 Days Delinquent | 0.20 | % | 198 | 0.22 | % | $ | 2,827,336.99 | ||||||
| Over 90 Days Delinquent | 0.10 | % | 98 | 0.12 | % | $ | 1,501,529.88 | ||||||
| Total Delinquencies | 2,342 | $ | 31,627,501.41 | ||||||||||
| Repossessed Vehicle Inventory | 136 | * | |||||||||||
| * Included with delinquencies above | |||||||||||||
| Ratio of Number of Contracts Delinquent 60 Days or More to the Outstanding Number of Receivables as of Each Collection Period (Includes Repossessions): |
||||
| Second Preceding Collection Period | 0.01 | % | ||
| First Preceding Collection Period | 0.16 | % | ||
| Current Collection Period | 0.29 | % | ||
| Condition (ii) (Delinquency Percentage) | ||||
| Three Month Average | 0.15 | % | ||
| Delinquency Percentage Indicator ( > 1.25%) | condition not met |
TOYOTA MOTOR CREDIT CORPORATION
SERVICER'S Report—Toyota Auto Receivables 2000-B Owner Trust
Distribution Date of December 15, 2000 for the Collection Period November 1, 2000 through November 30, 2000
| Total | Class A-1 Balance |
Class A-2 Balance |
Class A-3 Balance |
Class A-4 Balance |
||||||||||||
| Collections | ||||||||||||||||
| Principal Payments Received | $ | 42,421,961.05 | ||||||||||||||
| Interest Payments Received | $ | 11,298,781.12 | ||||||||||||||
| Net Precomputed Payahead Amount | $ | (19,586.73 | ) | |||||||||||||
| Aggregate Net Liquidation Proceeds Received | $ | 127,463.79 | ||||||||||||||
| Principal on Repurchased Contracts | $ | 0.00 | ||||||||||||||
| Interest on Repurchased Contracts | $ | 0.00 | ||||||||||||||
| Total Collections | $ | 53,828,619.23 | ||||||||||||||
| Net Simple Interest Advance Amount | $ | 330,754.75 | ||||||||||||||
| Net Precomputed Advance Amount | $ | 383,351.80 | ||||||||||||||
| Total Available Amount | $ | 54,542,725.78 | ||||||||||||||
| Amounts Due | ||||||||||||||||
| Servicing Fee | $ | 1,135,946.82 | ||||||||||||||
| Accrued and Unpaid Interest | $ | 7,413,548.23 | ||||||||||||||
| Principal | $ | 42,630,796.24 | ||||||||||||||
| Reserve Fund | $ | 3,362,434.49 | ||||||||||||||
| Total Amount Due | $ | 54,542,725.78 | ||||||||||||||
| Actual Distributions | ||||||||||||||||
| Servicing Fee | $ | 1,135,946.82 | ||||||||||||||
| Interest | $ | 7,413,548.23 | $ | 1,523,107.89 | $ | 2,413,125.00 | $ | 2,292,766.67 | $ | 1,184,548.67 | ||||||
| Principal | $ | 42,630,796.24 | $ | 42,630,796.24 | $ | 0.00 | $ | 0.00 | $ | 0.00 | ||||||
| Reserve Fund | $ | 3,362,434.49 | ||||||||||||||
| Total Amount Distributed | $ | 54,542,725.78 | $ | 44,153,904.13 | $ | 2,413,125.00 | $ | 2,292,766.67 | $ | 1,184,548.67 | ||||||
Monthly Information by Type of Loan
| Precomputed Contracts | |||||||
| Scheduled Principal Collections | $ | 4,150,299.69 | |||||
| Prepayments in Full | 207 contracts | $ | 2,259,267.17 | ||||
| Repurchased Receivables Principal | $ | 0.00 | |||||
| Payments Behind/Ahead on Repurchased Receivables | $ | 0.00 | |||||
| Total Collections | $ | 7,909,852.95 | |||||
| Advances—Reimbursement of Previous Advances | $ | 0.00 | |||||
| Advances—Current Advance Amount | $ | 383,351.80 | |||||
| Payahead Account—Payments Applied | $ | 0.00 | |||||
| Payahead Account—Additional Payaheads | $ | 19,586.73 | |||||
| Simple Interest Contracts | |||||||
| Collected Principal | $ | 21,970,946.86 | |||||
| Prepayments in Full | 1196 contracts | $ | 14,041,447.33 | ||||
| Collected Interest | $ | 9,798,495.03 | |||||
| Repurchased Receivables Principal | $ | 0.00 | |||||
| Repurchased Receivables Interest | $ | 0.00 | |||||
| Advances—Reimbursement of Previous Advances | $ | 0.00 | |||||
| Advances—Current Advance Amount | $ | 330,754.75 | |||||
I hereby certify to the best of my knowledge that
the report provided is true and correct.
| /s/ Robert Woodie | |||
| Robert Woodie National Treasury Manager |
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