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December 17, 2001
DART 2000-1 DISTRIBUTION SUMMARY

Collection Account

Wire/Deposit to:

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  In consideration of:

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  In the amount of:

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  1.   Premier Auto Finance, Inc.   Reimburse Previous Advances   0.00  
2.
 
Bank of New York
 
Indenture Trustee Fee
 
0.00
 
3.
 
Chase
 
Owner Trustee Fee
 
0.00
 
4.
 
Premier Auto Finance, Inc.
 
Servicing Fees
 
303,083.80
          Late Fees   (5,142.56 )            

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          Total Servicing Fees   297,941.24  
5.
 
Note Distribution Account
 
Note Interest
 
2,072,857.64
 
6.
 
Certificate Distribution Account
 
Certificate Interest
 
87,068.70
 
7.
 
Note Distribution Account
 
Principal Payable
 
20,677,297.88
 
8.
 
Certificate Distribution Account
 
Principal Payable
 
0.00
 
9.
 
Reserve Fund
 
Funding
 
0.00
             

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TOTAL AMOUNT WIRED/DEPOSITED:
 
23,135,165.46
             

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Reserve Account

Wire/Deposit to:

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  In consideration of:

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  In the amount of:

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1.   Collection Account   Collection Shortfall   331,244.25 2.   Premier Auto
Finance, Inc.   Excess Reserve Release   1,071,607.99            

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TOTAL AMOUNT WIRED/DEPOSITED:
 
1,402,852.24            

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/s/ RANDALL S. ROYER  

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Randall S. Royer
VP—Assistant Treasurer
 
 
 
 
/s/ MATTHEW P. ROMANO  

--------------------------------------------------------------------------------

Matthew P. Romano
SVP—Finance
 
December 17, 2001
9:53 AM

Page 3 of 10

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Dealer Auto Receivables Owner Trust 2000-1

190,000,000.00   6.69% Dealer Auto Receivables Asset-Backed Notes, Class A-1
274,000,000.00   7.01% Dealer Auto Receivables Asset-Backed Notes, Class A-2
168,000,000.00   7.07% Dealer Auto Receivables Asset-Backed Notes, Class A-3
83,251,000.00   7.12% Dealer Auto Receivables Asset-Backed Notes, Class A-4
24,470,000.00   7.46% Dealer Auto Receivables Asset-Backed Notes, Class B
13,175,591.56   7.93% Dealer Auto Receivables Asset- Backed Certificates

Monthly Report
For the December 17, 2001 Distribution Date

A   Calculation of Available Amounts        
 
 
1
 
Available Principal (as defined in Article I of the Sale and Servicing
Agreement)
 
$
19,285,426.43
                 

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      2   Available Interest (as defined in Article I of the Sale and Servicing
Agreement)   $ 3,523,637.34                  

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      3   Available Amounts (l. plus 2.)   $ 22,809,063.77                  

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B
 
Calculation of Principal Distributable Amount
(as defined in Article I of the Sale and Servicing Agreement)
 
$
20,677,297.88
                 

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C
 
Calculation of Note Monthly Principal Distributable Amount
 
$
20,677,297.88
                 

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1
 
Note Percentage for such Distribution Date
 
 
 
 
 
 
 
 
(a)
 
for each Distribution Date to but excluding the Distribution Date on which the
principal amount of the Class B Notes is reduced to zero
 
 
100.00
%                

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          (b)   after the principal amount of the Class B Notes have been
reduced to zero     0.00 %                

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2
 
Principal Distributable Amount (from B)
 
$
20,677,297.88
                 

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3
 
Note Monthly Principal Distributable Amount for
 
 
 
 
 
 
 
 
(a)
 
Class A-1 Notes
 
$
0.00
                 

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(b)
 
Class A-2 Notes
 
$
20,677,297.88
                 

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(c)
 
Class A-3 Notes
 
$
0.00
                 

--------------------------------------------------------------------------------

 
 
 
 
 
(d)
 
Class A-4 Notes
 
$
0.00
                 

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(e)
 
Class B Notes
 
$
0.00
                 

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(f)
 
Note Principal Carryover Shortfall
 
$
0.00
                 

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D
 
Calculation of Note Monthly Interest Distributable Amount
 
 
 
 
 
 
1
 
Class A-1 Interest Rate
 
 
6.69
%                

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2
 
Class A-2 Interest Rate
 
 
7.01
%                

--------------------------------------------------------------------------------

 
 
 
3
 
Class A-3 Interest Rate
 
 
7.07
%                

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Page 4 of 10

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4
 
Class A-4 Interest Rate
 
 
7.12
%                

--------------------------------------------------------------------------------

 
 
 
5
 
Class B Interest Rate
 
 
7.46
%                

--------------------------------------------------------------------------------

 
 
 
6
 
Class A-1 Note Interest Distributable Amount
 
$
0.00
                 

--------------------------------------------------------------------------------

 
 
 
7
 
Class A-2 Note Interest Distributable Amount
 
$
436,979.88
                 

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8
 
Class A-3 Note Interest Distributable Amount
 
$
989,800.00
                 

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9
 
Class A-4 Note Interest Distributable Amount
 
$
493,955.93
                 

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10
 
Class B Note Interest Distributable Amount
 
$
152,121.83
                 

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11
 
Aggregate Interest Carryover Shortfall for each Class for such Distribution Date
 
$
0.00
                 

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12
 
Note Monthly Interest Distributable Amount (the sum of items D.6, D.7, D.8, D.9,
D.10 and D.11)
 
$
2,072,857.64
                 

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E
 
Calculation of Note Distributable Amount (sum of C.3 plus D.12.)
 
$
22,750,155.52
                 

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F
 
Calculation of Certificate Principal Distributable Amount
 
 
 
 
 
 
1
 
Certificate Balance
 
$
13,175,591.56
                 

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2
 
Principal Distributable Amount
 
$
0.00
                 

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3
 
Certificate Percentage for each respective Distribution Date
 
 
 
 
 
 
3
 
(a)
 
for each Distribution Date to but excluding the Distribution Date on which the
Principal Amount of the Class B Notes is reduced to zero
 
 
0.00
%                

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3
 
(b)
 
on the Distribution Date on which the Principal Amount of the Class B Notes is
reduced to zero
 
 
 
                 

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3
 
(c)
 
thereafter
 
 
100.00
%                

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4
 
(a)
 
Principal Distributable Amount multiplied by the Certificate Percentage for such
Distribution Date
 
$
0.00
                 

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4
 
(b)
 
Certificate Principal Carryover Shortfall for such Distribution Date
 
$
0.00
                 

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5
 
Certificate Principal Distributable Amount (the sum of 4.(a) and 4.(b))
 
$
0.00
                 

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G
 
Calculation of Certificate Interest Distributable Amount
 
 
 
 
 
 
1
 
Certificate Pass-Through Rate
 
 
7.93
%                

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2
 
(a)
 
Certificate Monthly Interest Distributable Amount
 
$
87,068.70
                 

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2
 
(b)
 
Certificate Interest Carryover Shortfall for such Distribution Date
 
$
0.00
                 

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3
 
Certificate Interest Distributable Amount (sum of 2.(a) and 2.(b))
 
$
87,068.70
                 

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H
 
Calculation of Certificate Distributable Amount (sum of F.5 and G.3)
 
$
87,068.70
                 

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Page 5 of 10

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I
 
Fees
 
 
 
 
 
 
1
 
The Monthly Servicing Fee for such Distribution Date
(1/12 of the product of 1% and the Aggregate Principal Balance of the Contracts
as of the beginning of the preceding Distribution Date)
 
 
303,083.80
                 

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2
 
Late Payment Penalty Fees for such Distribution Date
 
$
(5,142.56
)                

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3
 
Extension Fees for such Distribution Date
 
$
0.00
                 

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4
 
Indenture Trustee Fee for such Distribution Date
 
$
0.00
                 

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5
 
Owner Trustee Fee for such Distribution Date
 
$
0.00
                 

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J
 
Calculation of the Available Amounts for such Distribution Date
 
 
 
 
 
 
1
 
The amount of funds deposited into the Collection Account pursuant to
Section 5.05(b) of the Sale and Servicing Agreement with respect to the related
Due Period
 
$
22,803,921.21
                 

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a
 
All amounts received by the Indenture Trustee or the Servicer with respect to
principal and interest on the Contracts, as well as Late Payment Penalty Fees
and Extensions Fees for related Due Period
 
$
21,826,608.12
                 

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b
 
All Net Liquidation Proceeds
 
$
940,601.95
                 

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c
 
The aggregate of the Repurchase Prices for Contracts required to be repurchased
by the Depositor as described in Section 7.05 of the Sale and Servicing
Agreement
 
$
0.00
                 

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d
 
All Advances made by Servicer pursuant to Section 7.02 of the Sale and Servicing
Agreement
 
$
16,131.43
                 

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e
 
All amounts paid by the Seller in connection with an optional repurchase of the
Contracts described in Section 7.07 of the Sale and Servicing Agreement
 
$
0.00
                 

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f
 
All amounts received in respect of interest, dividends, gains, income and
earnings on investments of funds in the Trust Accounts as contemplated in
Section 5.05(b) of the Sale and Servicing Agreement
 
$
20,579.71
                 

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g
 
Total amount of funds deposited into the Collection Account pursuant to
Section 5.05(b) (the sum of a. through g.)
 
$
22,803,921.21
                 

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2
 
The amount of funds permitted to be withdrawn from the Collection Account
pursuant to clauses (i) through (iv) of Section 7.03(a) of the Sale and
Servicing Agreement with respect to related Due Period
 
$
297,941.24
                 

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a
 
Amounts to be paid to the Servicer as the Reimbursement Amount in accordance
with Section 7.02 of the Sale and Servicing Agreement
 
$
0.00
                 

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b
 
Amounts to be paid to the Servicer in respect to the Servicing Fee for the
related Due Period
 
 
297,941.24
                 

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Page 6 of 10

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c
 
Amounts to be paid to the Indenture Trustee in respect of the Indenture Trustee
Fee for the related Due Period
 
$
0.00
                 

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d
 
Amounts to be paid to the Owner Trustee in respect of Owner Trustee Fee for
related Due Period
 
$
0.00
                 

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e
 
Total amount of funds permitted to be withdrawn from the Collection Account
pursuant to clauses (i) through (iv) Section 7.03(a) of the Sale and Servicing
Agreement with respect to the related Due Period (sum of a. through d.)
 
$
297,941.24
                 

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3
 
The Available Amounts (not including amounts from Reserve Fund Account) for such
Distribution Date available to pay Note Distributable Amounts and Certificate
Distributable Amounts (1(g) minus 2(e))
 
$
22,505,979.97
                 

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K
 
The shortfall of Available Amounts for such Distribution Date to pay either the
Note Distributable Amount or the Certificate Distributable Amount
(the Available Amounts for such Distribution Date minus the sum of the
Note Distributable Amount as set forth in E. and the Certificate Distributable
Amount as set forth in H.)
 
$
331,244.25
                 

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L
 
The amount to be withdrawn from the Reserve Fund on such Distribution Date to
cover the Note Interest Distributable Amount
 
$
0.00
                 

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M
 
The amount to be withdrawn from the Reserve Fund on such Distribution Date to
cover the Certificate Interest Distributable Amount
 
$
0.00
                 

--------------------------------------------------------------------------------

 
N
 
The amount to be withdrawn from the Reserve Fund on such Distribution Date to
cover the Note Principal Distributable Amount
 
$
331,244.25
                 

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O
 
The amount to be withdrawn from the Reserve Fund on such Distribution Date to
cover the Certificate Principal Distributable Amount
 
$
0.00
                 

--------------------------------------------------------------------------------

 
P
 
Interest Earnings on the Reserve Fund.
 
$
23,858.04
                 

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Q
 
The amount on deposit in the Reserve Fund after giving effect to deposits and
withdrawals therefrom on such Distribution Date
 
 
22,296,512.39
                 

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R
 
The Specified Reserve Fund Amount for such Distribution Date will be an amount
equal to the lesser of (i) the aggregate unpaid principal balance of the
Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes
and the Class B Notes and the Certificate Balance as of such Distribution Date,
and (ii) the greater of:
 
 
 
 
 
 
(a)
 
4.25% of the aggregate unpaid principal balance of the Class A-1 Notes, the
Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes and the Class B Notes
and the Certificate Balance on such Distribution Date, except that if a Reserve
Fund Trigger Event shall have occurred and be continuing on such Distribution
Date, then the percentage of the aggregate unpaid principal balance of the
Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes
and the Class B Notes and the Certificate Balance referred to in this clause
(a), shall be equal to 6.50%; and
 
 
 
 
 
 
(b)
 
1.00% of the Aggregate Principal Balance as of the Cutoff Date.
 
 
22,296,512.39
                 

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Page 7 of 10

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S
 
The Pool Factor
 
 
 
 

 
  Factor immediately
Before such
Distribution Date

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  Factor immediately
After such
Distribution Date

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Class A-1 Note   1   0.0000000   7   0.0000000        

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Class A-2 Note   2   0.2730072   8   0.1975426        

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Class A-3 Note   3   1.0000000   9   1.0000000        

--------------------------------------------------------------------------------

     

--------------------------------------------------------------------------------

Class A-4 Note   4   1.0000000   10   1.0000000        

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Class B Note   5   1.0000000   11   1.0000000        

--------------------------------------------------------------------------------

     

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Certificate   6   1.0000000   12   1.0000000        

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T
 
Delinquent Contracts
 
 
 
 
 
 
1
 
31-60 Days
 
1,477
 
$
14,478,874.36
                     

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 
 
 
2
 
61-90 Days
 
283
 
$
2,721,625.48
                     

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 
 
 
3
 
91 or More Days
 
125
 
$
1,384,216.76
                     

--------------------------------------------------------------------------------

 

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              Total Delinquent Receivables   1,885   $ 18,584,716.60            
  61+ Days Delinquencies as Percentage of Receivables         1.20 %
 
 
 
 
 
 
Delinquency Ratio for Second Preceding Collection Period
 
 
 
 
1.35
%             Delinquency Ratio for Preceding Collection Period         1.16 %  
          Delinquency Ratio for Current Collection Period         1.20 %        
    Average Delinquency Ratio   (Reserve Fund Trigger Event >= 2.0%)     1.24 %
U
 
Defaulted Contracts
 
 
 
 
 
 
1
 
Total Defaulted Contracts for the Due Period
 
237
 
 
2,231,415.69
                         

--------------------------------------------------------------------------------

 
 
 
2
 
Identity (attach)
 
 
 
 
 
      3   Liquidation proceeds for the Due Period       $ 1,001,765.38          
               

--------------------------------------------------------------------------------

 
 
 
4
 
Liquidation expenses for the Due Period
 
 
 
$
61,163.43
                         

--------------------------------------------------------------------------------

 
 
 
5
 
Net Liquidation Proceeds for the Due Period
 
 
 
$
940,601.95
                         

--------------------------------------------------------------------------------

 
 
 
6
 
Net Liquidation Losses for the Due Period
 
 
 
$
1,290,813.74
                         

--------------------------------------------------------------------------------

 
 
 
 
 
 
 
Pool Balance at Beginning of Collection Period
 
 
 
$
363,700,565.40
              Net Loss Ratio for Current Collection Period         4.26 %
 
 
 
 
 
 
Net Loss Ratio for Second Preceding Collection Period
 
 
 
 
4.14
%             Net Loss Ratio for Preceding Collection Period         4.12 %    
        Net Loss Ratio for Current Collection Period         4.26 %            
Average Net Loss Ratio   (Reserve Fund Trigger Event >= 2.5%)     4.17 %

Page 8 of 10

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V
 
Advances
 
 
 
 
 
 
1
 
Unreimbursed Advances prior to such Distribution Date
 
 
 
$
204,085.86
                         

--------------------------------------------------------------------------------

 
 
 
2
 
Amount paid to Servicer on such Distribution Date to reimburse Servicer for such
unreimbursed Advances
 
 
 
$
107,845.94
                         

--------------------------------------------------------------------------------

 
 
 
3
 
Amount of Delinquent Interest for the related Due Period
 
 
 
$
123,977.37
                         

--------------------------------------------------------------------------------

 
 
 
4
 
Amount of new Advances on such Distribution Date (if such amount is less than
the amount of Delinquent Interest, attach the certificate required by
Section 7.02 of the Sale and Servicing Agreement)
 
 
 
$
16,131.43
                         

--------------------------------------------------------------------------------

 
 
 
5
 
Total of unreimbursed Advances after new Advances on such Distribution Date
 
 
 
$
220,217.29
                         

--------------------------------------------------------------------------------

 
W
 
Repurchased Contracts
 
 
 
 
 
 
1
 
Number of Contracts to be repurchased pursuant to Section 7.07 of the Sale and
Servicing Agreement
 
 
 
 
0
                         

--------------------------------------------------------------------------------

 
 
 
2
 
Principal Amount of such Contracts
 
 
 
$
0.00
                         

--------------------------------------------------------------------------------

 
 
 
3
 
Related Repurchase Price of such Contracts
 
 
 
$
0.00
                         

--------------------------------------------------------------------------------

 
X
 
Contracts
 
 
 
 
 
 
1
 
Number of Contracts as of beginning of Due Period
 
 
 
 
40,269
                         

--------------------------------------------------------------------------------

 
 
 
2
 
Principal Balance of Contracts as of beginning of Due Period
 
 
 
 
363,700,565.40
                         

--------------------------------------------------------------------------------

 
 
 
3
 
The weighted average Contract Rate of the Contracts as of the beginning of the
Due Period
 
 
 
 
11.64
%                        

--------------------------------------------------------------------------------

 
 
 
4
 
The weighted average remaining term to maturity of the Contracts as of the
beginning of the Due Period
 
 
 
 
34.98
                         

--------------------------------------------------------------------------------

 
 
 
5
 
Number of Contracts as of end of Due Period
 
 
 
 
38,852
                         

--------------------------------------------------------------------------------

 
 
 
6
 
Principal Balance of Contracts as of end of Due Period
 
 
 
 
343,023,267.52
                         

--------------------------------------------------------------------------------

 
 
 
7
 
The weighted average Contract Rate of the Contracts as of the end of the Due
Period
 
 
 
 
11.65
%                        

--------------------------------------------------------------------------------

 
 
 
8
 
The weighted average remaining term to maturity of the Contracts as of the end
of the Due Period
 
 
 
 
34.26
                         

--------------------------------------------------------------------------------

 

Page 9 of 10

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Net Loss Addendum
Section "U" of Servicer Certificate

For the Period Ending 11/30/01
Servicing Report Dated 12/17/01

  Reported
8K

--------------------------------------------------------------------------------

  Actual*
Loss

--------------------------------------------------------------------------------

Net Loss Ratio for Current Month   4.26%   3.50% Net Loss Ratio for Previous
Month   4.12%   3.69% Net Loss Ratio for 2nd Previous Month   4.14%   3.01% Net
Loss Ratio Three Month Average   4.17%   3.40%

    The difference between the Reported 8K and Actual Loss column is driven by
the difference in the definition of a Defaulted Contract between the DART 2000-1
Servicing Agreement and the servicer's normal procedures as described in the
Prospectus. Generally the servicer charges-off a contract:

1)when the servicer deems the contract uncollectible;

2)if the financed vehicle is not repossessed, during the month when 5% or more
of an installment due under the contract becomes more than 120 days past due;

3)if the financed vehicle is repossessed, when all sale proceeds, insurance
claims and refunds of financed insurance policies and extended warranties have
been received; or

4)when an obligor files for bankruptcy and the servicer determines that its loss
is known.

The definition of a Defaulted Contract in the DART 2000-1 Sale And Servicing
Agreement states:

"Defaulted Contract" means a Contract with respect to which there has occurred
one or more of the following: (i) all or part of a scheduled payment under the
Contract is 120 days or more than 120 days past due and the Servicer has not
repossessed the related Financed Vehicle, (ii) the Servicer, has in accordance
with its customary servicing procedures, determined that eventual payment in
full is unlikely and has either repossessed and liquidated the related Financed
Vehicle or repossessed and held the related Financed Vehicle in its repossessed
inventory for 90 days, whichever occurs first; provided, however, in no event
shall the period of time referred to in clauses (i) or (ii) extend for a
combined period of longer than 120 days, or (iii) the relevant Obligor has
suffered an Insolvency Event.

    Two differences between the two standards account for the change in the Net
Loss Ratio reported in the revised Servicer Certificate from the Net Loss Ratio
calculated in accordance with the servicer's customary servicing procedures:

1)Under the DART 2000-1 Servicing Agreement the servicer must recognize the
entire amount of a bankrupt account as a loss when the obligor files for
bankruptcy rather than when the seller determines the actual amount of loss.
Although prior experience does not necessarily predict future performance, in
the servicer's experience, a majority of the accounts that file bankruptcy are
collected.

2)Under the DART 2000-1 Servicing Agreement repossessions in inventory are
considered to be a loss if the contract is 120 days delinquent. Traditionally
the Servicer would not consider repossessions in inventory to be a loss until
the car has been sold and all liquidation proceeds have been recovered and the
loss is known.

--------------------------------------------------------------------------------

*Losses as determined according to the Servicer's customary servicing
procedures.

Page 10 of 10

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QuickLinks

December 17, 2001 DART 2000-1 DISTRIBUTION SUMMARY
Collection Account
Reserve Account
Dealer Auto Receivables Owner Trust 2000-1
Monthly Report For the December 17, 2001 Distribution Date