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Previous: TOYOTA MOTOR CREDIT RECEIVABLES CORP, 8-K, 2000-12-20 |
Next: TOYOTA MOTOR CREDIT RECEIVABLES CORP, 8-K, 2000-12-20 |
Exhibit 20
TOYOTA MOTOR CREDIT CORPORATION
SERVICER'S Report — Toyota Auto Receivables 2000-A 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 |
|||||||||||||||
| Pool Data—Original Deal Parameters |
|||||||||||||||||||
| Securities Balance | $ | 1,479,185,000.00 | $ | 374,106,000.00 | 305,000,000.00 | $ | 523,000,000.00 | $ | 277,079,000.00 | ||||||||||
| Receivables Pool Balance | $ | 1,524,932,796.00 | |||||||||||||||||
| Principal Factor | 1.00000000 | 1.00000000 | 1.00000000 | 1.00000000 | 1.00000000 | ||||||||||||||
| Rate | 6.83375 | % | 7.120 | % | 7.180 | % | 7.210 | % | |||||||||||
| Final Scheduled Payment Date | July 15, 2001 | December 15, 2002 | August 15, 2004 | April 15, 2007 | |||||||||||||||
| Number of Contracts | 98,405 | ||||||||||||||||||
| Weighted Average Coupon | 10.51 | % | |||||||||||||||||
| Weighted Average Remaining Term | 55.70 | months | |||||||||||||||||
| Servicing Fee Rate | 1.00 | % | |||||||||||||||||
| Pool Data—Prior Month | |||||||||||||||||||
| Securities Balance | $ | 1,259,988,026.07 | $ | 154,909,026.07 | $ | 305,000,000.00 | $ | 523,000,000.00 | $ | 277,079,000.00 | |||||||||
| Receivables Pool Balance | $ | 1,305,735,822.07 | |||||||||||||||||
| Securities Pool Factor | 0.85181233 | 0.41407790 | 1.00000000 | 1.00000000 | 1.00000000 | ||||||||||||||
| Number of Contracts | 90,826 | ||||||||||||||||||
| Weighted Average Coupon | 10.50 | % | |||||||||||||||||
| Weighted Average Remaining Term | 51.39 | months | |||||||||||||||||
| Precompute and Simple Interest Advances |
$ | 4,051,049.12 | |||||||||||||||||
| Payahead Account Balance | $ | 377,239.59 | |||||||||||||||||
| Supplemental Servicing Fee Received | $ | 102,322.07 | |||||||||||||||||
| 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 | $ | 1,222,100,802.34 | $ | 117,021,802.34 | $ | 305,000,000.00 | $ | 523,000,000.00 | $ | 277,079,000.00 | |||||||||
| Receivables Pool Balance | $ | 1,267,848,598.34 | |||||||||||||||||
| Securities Pool Factor | 0.82619875 | 0.31280386 | 1.00000000 | 1.00000000 | 1.00000000 | ||||||||||||||
| Number of Contracts | 89,410 | ||||||||||||||||||
| Weighted Average Coupon | 10.50 | % | |||||||||||||||||
| Weighted Average Remaining Term | 50.56 | months | |||||||||||||||||
| Precompute and Simple Interest Advances |
$ | 4,192,945.81 | |||||||||||||||||
| Payahead Account Balance | $ | 388,464.15 | |||||||||||||||||
| Supplemental Servicing Fee Received | $ | 105,326.36 | |||||||||||||||||
| 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-A Owner Trust
Distribution Date of December 15, 2000 for the Collection Period November 1, 2000 through November 30, 2000
| Reserve Fund | ||||
| Initial Deposit Amount | $ | 3,812,332.00 | ||
| Specified Reserve Fund Percentage | 0.75 | % | ||
| Specified Reserve Fund Amount | $ | 9,508,864.49 | ||
| Specified Reserve Fund Percentage (if Condition i or ii met) | 5.50 | % | ||
| Specified Reserve Fund Amount (if Condition i or ii met) | $ | 67,215,544.13 | ||
| Beginning Balance | $ | 9,793,018.67 | ||
| Total Withdraw | $ | 0.00 | ||
| Amount Available for Deposit to the Reserve Fund | $ | 2,159,576.43 | ||
| Reserve Fund Balance Prior to Release | $ | 11,952,595.10 | ||
| Reserve Fund Required Amount | $ | 9,508,864.49 | ||
| Reserve Fund Release to Seller | $ | 2,443,730.61 | ||
| Ending Reserve Fund Balance | $ | 9,508,864.49 | ||
Liquidation of Charge-offs and Repossessions
| Vehicles | Amount | ||||||
| Liquidated Contracts | 131 | ||||||
| Gross Principal Balance of Liquidated Receivables | $ | 1,305,799.67 | |||||
| Net Liquidation Proceeds Received During the Collection Period | $ | (683,613.05 | ) | ||||
| Recoveries on Previously Liquidated Contracts | $ | (3,911.65 | ) | ||||
| Aggregate Credit Losses for the Collection Period | $ | 618,274.97 | |||||
| Cumulative Credit Losses for all Periods | 399 | $ | 1,725,752.71 | ||||
| Repossessed in Current Period | 128 | ||||||
| Ratio of Net Credit Losses to the Average Pool Balance for Each Collection Period: |
Annualized Average Charge-Off Rate |
|||
| Second Preceding Collection Period | 0.41 | % | ||
| First Preceding Collection Period | 0.40 | % | ||
| Current Collection Period | 0.58 | % | ||
| Condition (i) (Charge-off Rate) | ||||
| Three Month Average | 0.46 | % | ||
| Charge-off Rate Indicator ( > 1.25%) | condition not met | |||
TOYOTA MOTOR CREDIT CORPORATION
SERVICER'S Report — Toyota Auto Receivables 2000-A 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 | 2.52 | % | 2,249 | 2.38 | % | $ | 29,075,367.33 | ||||||
| 61-90 Days Delinquent | 0.35 | % | 312 | 0.33 | % | $ | 4,073,130.72 | ||||||
| Over 90 Days Delinquent | 0.29 | % | 261 | 0.29 | % | $ | 3,596,493.67 | ||||||
| Total Delinquencies | 2,822 | $ | 36,744,991.72 | ||||||||||
| Repossessed Vehicle Inventory | 263* | ||||||||||||
| * 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 | 0.44 | % | ||
| First Preceding Collection Period | 0.58 | % | ||
| Current Collection Period | 0.64 | % | ||
| Condition (ii) (Delinquency Percentage) | ||||
| Three Month Average | 0.55 | % | ||
| Delinquency Percentage Indicator ( > 1.25%) | condition not met | |||
TOYOTA MOTOR CREDIT CORPORATION
SERVICER'S Report — Toyota Auto Receivables 2000-A Owner Trust
Distribution Date of December 15, 2000 for the Collection Period November 1, 2000 through November 30, 2000
| Class A-1 | Class A-2 | Class A-3 | Class A-4 | |||||||||||||
| Total | Balance | Balance | Balance | Balance | ||||||||||||
| Collections | ||||||||||||||||
| Principal Payments Received | $ | 36,581,424.06 | ||||||||||||||
| Interest Payments Received | $ | 11,221,200.08 | ||||||||||||||
| Net Precomputed Payahead Amount |
$ | (11,224.56 | ) | |||||||||||||
| Aggregate Net Liquidation Proceeds Received |
$ | 687,524.70 | ||||||||||||||
| Principal on Repurchased Contracts |
$ | 0.00 | ||||||||||||||
| Interest on Repurchased Contracts | $ | 0.00 | ||||||||||||||
| Total Collections | $ | 48,478,924.28 | ||||||||||||||
| Net Simple Interest Advance Amount |
$ | 133,540.72 | ||||||||||||||
| Net Precomputed Advance Amount | $ | 8,355.97 | ||||||||||||||
| Total Available Amount | $ | 48,620,820.97 | ||||||||||||||
| Amounts Due | ||||||||||||||||
| Servicing Fee | $ | 1,088,113.19 | ||||||||||||||
| Accrued and Unpaid Interest | $ | 7,485,907.62 | ||||||||||||||
| Principal | $ | 37,887,223.73 | ||||||||||||||
| Reserve Fund | $ | 2,159,576.43 | ||||||||||||||
| Total Amount Due | $ | 48,620,820.97 | ||||||||||||||
| Actual Distributions | ||||||||||||||||
| Servicing Fee | $ | 1,088,113.19 | ||||||||||||||
| Interest | $ | 7,485,907.62 | $ | 882,174.63 | $ | 1,809,666.67 | $ | 3,129,283.33 | $ | 1,664,782.99 | ||||||
| Principal | $ | 37,887,223.73 | $ | 37,887,223.73 | $ | 0.00 | $ | 0.00 | $ | 0.00 | ||||||
| Reserve Fund | $ | 2,159,576.43 | ||||||||||||||
| Total Amount Distributed | $ | 48,620,820.97 | $ | 38,769,398.36 | $ | 1,809,666.67 | $ | 3,129,283.33 | $ | 1,664,782.99 | ||||||
TOYOTA MOTOR CREDIT CORPORATION
SERVICER'S Report — Toyota Auto Receivables 2000-A Owner Trust
Distribution Date of December 15, 2000 for the Collection Period November 1, 2000 through November 30, 2000
Monthly Information by Type of Loan
| Precomputed Contracts | |||||||
| Scheduled Principal Collections | $ | 1,171,653.51 | |||||
| Prepayments in Full | 99 contracts | $ | 410,261.23 | ||||
| Repurchased Receivables Principal | $ | 0.00 | |||||
| Payments Behind/Ahead on Repurchased Receivables | $ | 0.00 | |||||
| Total Collections | $ | 1,997,514.00 | |||||
| Advances—Reimbursement of Previous Advances | $ | 0.00 | |||||
| Advances—Current Advance Amount | $ | 8,355.97 | |||||
| Payahead Account—Payments Applied | $ | 0.00 | |||||
| Payahead Account—Additional Payaheads | $ | 11,224.56 | |||||
| Simple Interest Contracts | |||||||
| Collected Principal | $ | 21,104,406.35 | |||||
| Prepayments in Full | 1186 contracts | $ | 13,895,102.97 | ||||
| Collected Interest | $ | 10,805,600.82 | |||||
| Repurchased Receivables Principal | $ | 0.00 | |||||
| Repurchased Receivables Interest | $ | 0.00 | |||||
| Advances—Reimbursement of Previous Advances | $ | 0.00 | |||||
| Advances—Current Advance Amount | $ | 133,540.72 | |||||
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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