ONYX ACCEPTANCE FINANCIAL CORP
15-15D, 1997-04-29
ASSET-BACKED SECURITIES
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                   UNITED STATES
           SECURITIES AND EXCHANGE COMMISSION
                Washington, D. C. 20549

                       FORM 15

CERTIFICATION  AND NOTICE OF TERMINATION OF REGISTRATION  UNDER SECTION 12(G) OF
THE SECURITIES  EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER
SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
                                        333-10461
               Commission File Number ______________

                Onyx Acceptance Grantor Trust 1996-3
  -----------------------------------------------------------------------------
               (Issuer with respect to Certificates)

            Onyx Acceptance Financial Corporation
- -----------------------------------------------------------------------------
         (Exact name of registrant as specified in its charter)

 8001 Irvine Center Drive, Suite 500 Irvine, Ca. 92618 (714) 450-5500
 ------------------------------------------------------------------------------
(Address,  including zip code,  and telephone  number,  including  area code, of
registrant's principal executive offices)

           Onyx Acceptance Grantor Trust 1996-3
      6.45% Auto Loan Pass-Through Certificates, Series 1996-3
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      (Title of each class of securities covered by this Form)

                          None
 ------------------------------------------------------------------------------
 (Title of all other  classes  of  securities  for which a duty to file  reports
under section 13(a) or 15(d) remains)

Please place an X in the box(es) to designate, the appropriate rule provision(s)
relied upon to terminate or suspend the duty to file reports:

         Rule 12g-4(a)(1)(i)        __          Rule 12h-3(b)(1)(i)       X
                                                                          -
         Rule 12g-4(a)(1)(ii)       __          Rule 12h-3(b)(1)(ii)      __
         Rule 12g-4(a)(2)(i)        __          Rule 12h-3(b)(2)(i)       __
         Rule 12g-4(a)(2)(ii)       __          Rule 12h-3(b)(2)(ii)      __
                                                Rule 15d-6                ___



Approximate number of holders of record as of the certification or notice date:
______5________

Pursuant  to the  requirements  of the  Securities  Exchange  Act of 1934,  Onyx
Acceptance  Financial  Corporation and the Onyx Acceptance  Grantor Trust 1996-3
have  caused  this  certification/notice  to be  signed  on  its  behalf  by the
undersigned duly authorized person.

         April 28, 1997                          REGAN E. KELLY    
Date:__________________________
                                        By:___________________________________
                                                 Regan E. Kelly
                                        Its:     Executive Vice President





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