<PAGE>



                                DECEMBER 15, 2000
                        DART 2000-1 DISTRIBUTION SUMMARY

<TABLE>
<CAPTION>

                                                  COLLECTION ACCOUNT
WIRE/DEPOSIT TO:                                  IN CONSIDERATION OF:                       IN THE AMOUNT OF:
----------------                                  --------------------                       -----------------
<S>                                               <C>                                         <C>
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                                   543,466.30
                                                  Late Fees                                         79,536.90
                                                  Total Servicing Fees                             623,003.20

5.  Note Distribution Account                     Note Interest                                  3,734,161.56

6.  Certificate Distribution Account              Certificate Interest                              87,068.70

7.  Note Distribution Account                     Principal Payable                             27,169,180.58

8.  Certificate Distribution Account              Principal Payable                                      0.00

9.  Reserve Fund                                  Funding                                                0.00

TOTAL AMOUNT WIRED/DEPOSITED:                                                                   31,613,414.04


                                                      RESERVE ACCOUNT
WIRE/DEPOSIT TO:                                  IN CONSIDERATION OF:                      IN THE AMOUNT OF:
----------------                                  --------------------                      -----------------
1. Collection Account                             Collection Shortfall                           2,491,542.26

TOTAL AMOUNT WIRED/DEPOSITED:                                                                    2,491,542.26

</TABLE>




/s/  Randall S. Royer
--------------------------------------------------
VP - Assistant Treasurer






/s/  Gil Van Over
--------------------------------------------------
EVP - Chief Operating Officer



<PAGE>



                   DEALER AUTO RECEIVABLES OWNER TRUST 2000-1

<TABLE>
<CAPTION>

       <S>                         <C>
       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

</TABLE>


                                 MONTHLY REPORT
                   FOR THE DECEMBER 15, 2000 DISTRIBUTION DATE

<TABLE>
<CAPTION>

<S>   <C>                                                                                            <C>
A      CALCULATION OF AVAILABLE AMOUNTS

     1 Available Principal (as defined in Article I of the Sale and Servicing Agreement)               $22,935,001.44
                                                                                                     -----------------
     2 Available Interest (as defined in Article I of the Sale and Servicing Agreement)                 $6,107,333.44
                                                                                                     -----------------
     3 Available Amounts (l. plus 2.)                                                                  $29,042,334.88
                                                                                                     -----------------

B      CALCULATION OF PRINCIPAL DISTRIBUTABLE AMOUNT                                                   $27,169,180.58
        (as defined in Article I of the Sale and Servicing
       Agreement)

C      CALCULATION OF NOTE MONTHLY PRINCIPAL DISTRIBUTABLE AMOUNT                                      $27,169,180.58
                                                                                                     -----------------

     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%
                                                                                                     -----------------

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

     2 Principal Distributable Amount (from B)                                                         $27,169,180.58
                                                                                                     -----------------

     3 Note Monthly Principal Distributable Amount for

       (a) Class A-1 Notes                                                                             $27,169,180.58
                                                                                                     -----------------

       (b) Class A-2 Notes                                                                                      $0.00
                                                                                                     -----------------

       (c) Class A-3 Notes                                                                                      $0.00
                                                                                                     -----------------

       (d) Class A-4 Notes                                                                                      $0.00
                                                                                                     -----------------

       (e) Class B Notes                                                                                        $0.00
                                                                                                     -----------------

       (f) Note Principal Carryover                                                                             $0.00
          Shortfall
                                                                                                     -----------------

D      CALCULATION OF NOTE MONTHLY INTEREST DISTRIBUTABLE AMOUNT

     1 Class A-1 Interest Rate                                                                                  6.69%
                                                                                                     -----------------

     2 Class A-2 Interest Rate                                                                                  7.01%
                                                                                                     -----------------

     3 Class A-3 Interest Rate                                                                                  7.07%
                                                                                                     -----------------
</TABLE>

<PAGE>

<TABLE>

     <S>                                                                                           <C>
     4 Class A-4 Interest Rate                                                                                  7.12%
                                                                                                     -----------------

     5 Class B Interest                                                                                         7.46%
       Rate
                                                                                                     -----------------

     6 Class A-1 Note Interest Distributable Amount                                                       $497,667.13
                                                                                                     -----------------

     7 Class A-2 Note Interest Distributable Amount                                                     $1,600,616.67
                                                                                                     -----------------

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

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

    10 Class B Note Interest Distributable Amount                                                         $152,121.83
                                                                                                     -----------------

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

    12 Note Monthly Interest Distributable Amount (the sum of items D.6, D.7, D.8, D.9, D.10 and        $3,734,161.56
       D.11)
                                                                                                     -----------------

E   CALCULATION OF NOTE DISTRIBUTABLE AMOUNT (SUM OF C.3 PLUS D.12.)                                   $30,903,342.14
                                                                                                     -----------------

F   CALCULATION OF CERTIFICATE PRINCIPAL DISTRIBUTABLE AMOUNT

     1 Certificate Balance                                                                             $13,175,591.56
                                                                                                     -----------------

     2 Principal Distributable Amount                                                                           $0.00
                                                                                                     -----------------

     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%

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

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

     3 (c)  Thereafter                                                                                        100.00%
                                                                                                     -----------------

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

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

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

G   CALCULATION OF CERTIFICATE INTEREST DISTRIBUTABLE AMOUNT

     1 Certificate Pass-Through Rate                                                                            7.93%
                                                                                                     -----------------

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

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

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

H   CALCULATION OF CERTIFICATE DISTRIBUTABLE AMOUNT (SUM OF F.5 AND G.3)                                   $87,068.70
                                                                                                     -----------------
</TABLE>


<PAGE>

<TABLE>


I   FEES

     <S>                                                                                           <C>
     1 The Monthly Servicing Fee for such Distribution Date                                               $543,466.30
       (1/12 of the product of 1% and the Aggregate Principal Balance of the Contracts as
       of the beginning of the preceding Distribution Date)

     2 Late Payment Penalty Fees for such Distribution Date                                                $79,536.90
                                                                                                     -----------------

     3 Extension Fees for such Distribution Date                                                                $0.00
                                                                                                     -----------------

     4 Indenture Trustee Fee for such Distribution Date                                                         $0.00
                                                                                                     -----------------

     5 Owner Trustee Fee for such Distribution Date                                                             $0.00
                                                                                                     -----------------

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                            $29,121,871.78
                                                                                                     -----------------

       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                              $29,018,902.15
                                                                                                     -----------------

       b  All Net Liquidation Proceeds                                                                          $0.00
                                                                                                     -----------------

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

       d  All Advances made by Servicer pursuant to Section 7.02 of the Sale and Servicing Agreement            $0.00
                                                                                                     -----------------

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

       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                             $102,969.63
          Agreement
                                                                                                     -----------------

       g  Total amount of funds deposited into the Collection Account pursuant to Section 5.05(b)      $29,121,871.78
                                                                                                     -----------------
           (the sum of a. through g.)

     2 The amount of funds permitted to be withdrawn from the Collection Account pursuant to
       clauses (i) through (iii) of Section 7.03(a) of the Sale and Servicing Agreement
       with respect to related Due Period                                                                 $543,466.30
                                                                                                     -----------------

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

       b  Amounts to be paid to the Servicer in respect to the Servicing Fee for the related Due          $543,466.30
          Period
                                                                                                     -----------------

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

       d  Amounts to be paid to the Owner Trustee in respect of Owner Trustee Fee for related Due               $0.00
          Period
                                                                                                     -----------------
       e  Total amount of funds permitted to be withdrawn from the Collection Account
          pursuant to clauses(i) through (iii) Section 7.03(a) of the Sale and Servicing
          Agreement with respect to the related Due Period (sum of a. through d.)                         $543,466.30

</TABLE>

<PAGE>

<TABLE>

     <S>                                                                                           <C>
     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                                                               $28,578,405.48
                                                                                                     -----------------
        (1(g) minus 2(e))

     4 The Available Amounts otherwise distributable to the Certificateholders that will be
       distributed to the Noteholders on such Distribution  Date                                                $0.00
                                                                                                     -----------------

K   THE SHORTFALL OF AVAILABLE AMOUNTS FOR SUCH DISTRIBUTION DATE TO PAY EITHER THE NOTE
    DISTRIBUTABLE AMOUNT OR THE CERTIFICATE DISTRIBUTABLE AMOUNT                                                $0.00
                                                                                                     -----------------
    (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.)

L   THE AMOUNT TO BE WITHDRAWN FROM THE RESERVE FUND ON SUCH DISTRIBUTION DATE TO COVER THE
    NOTE INTEREST DISTRIBUTABLE AMOUNT                                                                          $0.00
                                                                                                     -----------------

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                                                                 $2,491,542.26
                                                                                                     -----------------

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.                                                                $130,321.08
                                                                                                     -----------------

Q   THE AMOUNT ON DEPOSIT IN THE RESERVE FUND AFTER GIVING EFFECT TO DEPOSITS AND WITHDRAWALS
    THEREFROM ON SUCH DISTRIBUTION DATE                                                                $27,716,980.11
                                                                                                     -----------------

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                                 $26,562,091.11
                                                                                                     -----------------
</TABLE>


<PAGE>



S   THE POOL FACTOR

<TABLE>
<CAPTION>

                               Factor immediately Before            Factor immediately After
                               such Distribution Date               such Distribution Date


          <S>                <C>                                  <C>
          Class A-1 Note     1   0.4698051                        7  0.3268094
                               ------------                         -----------

          Class A-2 Note     2   1.0000000                        8  1.0000000
                               ------------                         -----------

          Class A-3 Note     3   1.0000000                        9  1.0000000
                               ------------                         -----------

          Class A-4 Note     4   1.0000000                       10  1.0000000
                               ------------                         -----------

          Class B Note       5   1.0000000                       11  1.0000000
                               ------------                         -----------

          Certificate        6   1.0000000                       12  1.0000000
                               ------------                         -----------
</TABLE>


T   DELINQUENT CONTRACTS

<TABLE>
<CAPTION>

    <S>                                                                                   <C>           <C>
     1 31-59 Days                                                                              1,512    $17,589,332.77
                                                                                          -----------------------------

     2 60-89 Days                                                                                359     $4,227,346.80
                                                                                          -----------------------------

     3 90 or More Days                                                                           175     $2,117,879.34
                                                                                          -----------------------------

          Total Delinquent Receivables                                                         2,046    $23,934,558.91
          60+ Days Delinquencies as Percentage of Receivables                                                    1.02%

          Delinquency Ratio for Second Preceding Collection Period                                               0.75%
          Delinquency Ratio for Preceding Collection Period                                                      0.86%
          Delinquency Ratio for Current Collection Period                                                        1.02%
          Average Delinquency Ratio                              (Reserve Fund Trigger Event >= 2.0%)            0.88%

U   DEFAULTED CONTRACTS

     1 Total Defaulted Contracts for the Due Period                                              329     $2,389,496.17

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

     2 Identity (attach)

     3 Liquidation proceeds for the Due Period                                                             $403,492.88
                                                                                                     ------------------

     4 Liquidation expenses for the Due Period                                                              $29,275.13
                                                                                                     ------------------

     5 Net Liquidation Proceeds for the Due Period                                                         $374,217.75
                                                                                                     ------------------

     6 Net Liquidation Losses for the Due Period                                                         $2,015,278.42
                                                                                                     ------------------

          Principal Recoveries of Defaulted Receivables                                                     $27,270.35
          Principal on Defaulted Receivables                                                             $2,389,496.17
          Pool Balance at Beginning of Collection Period                                               $652,159,559.61
          Net Loss Ratio for Current Collection Period                                                           3.71%

          Net Loss Ratio for Second Preceding Collection Period                                                  1.27%
          Net Loss Ratio for Preceding Collection Period                                                         1.63%

</TABLE>


<PAGE>

<TABLE>

         <S>                                                                                                    <C>
          Net Loss Ratio for Current Collection Period                                                           3.71%
          Average Net Loss Ratio                                 (Reserve Fund Trigger Event >= 2.5%)            2.20%


V   ADVANCES

     1 Unreimbursed Advances prior to such Distribution Date                                               $546,400.99
                                                                                                     ------------------

     2 Amount paid to Servicer on such Distribution Date to reimburse Servicer for such                          $0.00
       unreimbursed Advances
                                                                                                     ------------------

     3 Amount of Delinquent Interest for the related Due Period                                            $160,168.66
                                                                                                     ------------------

     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)                                                   $160,168.66
                                                                                                     ------------------

     5 Total of unreimbursed Advances after new Advances on such Distribution Date                         $706,569.65
                                                                                                     ------------------

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
                                                                                                                57,806
                                                                                                     ------------------

     2 Principal Balance of Contracts as of beginning of Due
       Period                                                                                           652,159,559.61
                                                                                                     ------------------

     3 The weighted average Contract Rate of the Contracts as of the beginning
       of the Due Period                                                                                        11.61%
                                                                                                     ------------------

     4 The weighted average remaining term to maturity of the Contracts as of the beginning of the
       Due Period                                                                                                45.00
                                                                                                     ------------------

     5 Number of Contracts as of end of Due Period                                                              56,574
                                                                                                     ------------------

     6 Principal Balance of Contracts as of end of Due Period                                           624,990,379.03
                                                                                                     ------------------

     7 The weighted average Contract Rate of the Contracts as of the end of
       the Due Period                                                                                           11.62%
                                                                                                     ------------------

     8 The weighted average remaining term to maturity of the Contracts as of the
       end of the Due Period                                                                                     44.17
                                                                                                     ------------------
</TABLE>