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UNITED STATES


SECURITIES AND EXCHANGE COMMISSION


Washington, D.C. 20549





Form 10-K





[x]    Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2001.





[_]    Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from
            to             .





Commission file number 333-38676





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AMSOUTH AUTO RECEIVABLES, LLC


(Exact name of registrant as specified in its Charter)





Delaware

63-1254677(State of Incorporation)

(I.R.S. Employer Identification No.)AmSouth Center 1900 Fifth Avenue North Birmingham, Alabama

35203(Address of principal executive offices)

(Zip Code)





Registrants telephone number, including area code: (205) 320-7151





Securities Registered pursuant to Section 12(b) of the Act: None





Securities registered pursuant to Section 12(g) of the Act: None





Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was
required to file such reports) and (2) has been subject to such filing requirements for the past 90 days.   Yes [X]  No [    ].





Documents Incorporated by Reference: None





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TABLE OF CONTENTS


PAGEPART IItem 1.

Business

1Item 2.

Properties

1Item 3.

Legal Proceedings

1Item 4.

Submission of Matters to a Vote of Security Holders

1PART IIItem 5.

Market for Registrants Common Equity and Related Stockholder Matters

1Item 6.

Selected Financial Data

1Item 7.

Managements Discussion and Analysis of Financial Condition and Results of Operations

2Item 7a.

Quantitative and Qualitative Disclosures about Market Risk

2Item 8.

Financial Statements and Supplementary Data

2Item 9.

Changes in and Disagreements with Accountants on Accounting and Financial Disclosure

2PART IIIItem 10.

Directors and Executive Officers of the Registrant

2Item 11.

Executive Compensation

2Item 12.

Security Ownership of Certain Beneficial Owners and Management

2Item 13.

Certain Relationships and Related Transactions

2PART IVItem 14.

Exhibits, Financial Statement Schedules and Reports on Form 8-K

3





Terms not otherwise defined herein have the meanings set forth in the Sale and
Servicing Agreement (the Sale and Servicing Agreement) relating to AmSouth Auto Trust 2000-1.









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PART I





ITEM 1.    
BUSINESS





AmSouth Auto Receivables, LLC (the Registrant), is a Delaware limited liability company
formed for the sole purpose of issuing asset-backed securities through trusts or limited liability companies. One trust has been originated by the Registrant: AmSouth Auto Trust 2000-1 (the Trust), formed pursuant to a Trust Agreement dated as of
October 1, 2000, between the Registrant and The Chase Manhattan Bank, as owner trustee. The only business of the Trust is the collection and distribution of payments on the motor vehicle receivables in the manner described in the Registration
Statement on Form S-3 (File No. 333-38676). Accordingly, there is no relevant information to report in response to Item 101 of Regulation S-K.





ITEM
2.    
PROPERTIES





The Registrant and the Trust do not have any physical properties. Accordingly, this item
is inapplicable.





ITEM 3.    
LEGAL PROCEEDINGS





There were no material legal proceedings involving the Registrant, the Trust, or
any Notes involving the Trustee which were pending at December 31, 2001, or as of the date of this report





ITEM 4.    
SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS





No votes or consents of Noteholders were
solicited during fiscal year 2001 for any purpose.





PART II





ITEM 5.    
MARKET FOR REGISTRANTS COMMON EQUITY AND RELATED STOCKHOLDER MATTERS





There is no established
public trading market for the Notes.





As of December 31, 2001, there were no holders of record for the Class A-1 Notes, 14
holders of record for the Class A-2 Notes, 20 holders of record for the Class A-3 Notes, 14 holders of record for the Class A-4 Notes, 2 holders of record for the Class B Notes and 1 holder of record for the Class C Notes of the Trust.





Since the Trust pays no dividends with respect to the Notes, the information required by Item 201 of Regulation S-K regarding dividends is
inapplicable to the Trust. See Exhibit 99.1 for information with respect to distributions to Noteholders.





ITEM 6.    
SELECTED FINANCIAL DATA.





No financial data is required of the Registrant, inasmuch as the
Registration Statement on Form S-3 (File No. 333-38676) was filed for and on behalf of the Trust and, furthermore, because Registrant is not a guarantor of any of the payments due from the Trust to the Noteholders.





The regular monthly servicer report forms, which the Trustee is required to include with each monthly distribution of the Trusts assets to
Noteholders, sets forth for the prior calendar month, as well as cumulatively, all of the relevant financial information required by the Sale and Servicing Agreement to be reported to Noteholders.





The Trusts Servicer Reports for the months ended January 31, 2001 through December 31, 2001 are incorporated herein by reference as Exhibit No.
99.1.





The foregoing presents all relevant financial information relating to the Trust. Because of the limited business activity
of the Trust, the Selected Financial Data specified in Item 301 of Regulation S-K would not provide any meaningful additional information.




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ITEM 7.    
MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.





Because
of the limited business activity of the Trust, the presentation of Managements Discussion and Analysis of Financial Condition and Results of Operations, as otherwise required by Item 303 of Regulation S-K, would not be meaningful. All relevant
information is contained in the Servicer Reports (filed under Current Reports on Form 8-K) as described above.





ITEM 7A.    
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.





Because of the limited business activity
of the Trust, the presentation of Quantitative and Qualitative Disclosure About Market Risk, as required by Item 305 of Regulation S-K, would not be meaningful. All relevant information is contained in the Servicer Reports (filed under Current
Reports on Form 8-K) as described above.





ITEM 8.    
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.





As discussed above, furnishing the financial
information required by Item 8 of Form 10-K would not add any relevant information to that provided by the foregoing statements. Because the Notes are essentially pass-through securities, the Trust will have income only in the limited sense of
collecting payments on the motor vehicle-related receivables. The only material items of expense for the Trust will be the amounts paid as servicing compensation and potentially certain payments relating to any credit enhancement facilities. The
Servicer Reports (filed under Current Reports on Form 8-K) provide complete information on the amounts of the income and expenses of the Trust.





ITEM
9.    
CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE





None.





PART III





ITEM 10.    
DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT.





Not applicable.





ITEM 11.    
EXECUTIVE COMPENSATION.





Not applicable.





ITEM 12.    
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT.





As of December 31, 2001, there were
32 registered Noteholders of the Trust, all of whom maintained their security positions with the Depository Trust Company. While some of these Noteholders security positions in the Trust may exceed 5% of the Outstanding Amount, such Notes do
not constitute voting securities within the meaning of Item 403 of Regulation S-K.





ITEM 13.    
CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS





The Registrant received payments from the Trust in
accordance with the terms of the Sale and Servicing Agreement.




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PART IV


ITEM 14.    
EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K





|(a) |  | (1) and (2):
|--- |  | ------------




Incorporated herein by
reference as Exhibit 99.1 are the Servicer Reports to the Trust for the year ended December 31, 2001. Copies of the Independent Accountants report and the Officers Certificate of the Servicer are incorporated herein by reference as
Exhibit No. 99.2 and Exhibit 99.3, respectively.





(a)    (3) EXHIBITS





Designation

Description

Method of FilingExhibit 3.1

Amended and Restated Limited Liability Company Agreement of the Registrant

**Exhibit 4.1

Form of Indenture between the Issuer and the Indenture Trustee (including forms of Notes)

*Exhibit 10.1

Form of Sale and Servicing Agreement among the Registrant, the Servicer and the Issuer

*Exhibit 10.2

Form of Receivables Purchase Agreement between an Originator and the Registrant

*Exhibit 99.1

Monthly Servicers Reports for the months ending January 31, 2001  December 31, 2001

***Exhibit 99.2

Independent Accountants Report

99.2Exhibit 99.3

Officers Certificate of the Servicer

99.3





|* |  | Filed as an exhibit to the Registrants Pre-Effective Amendment No. 1 to the Registrants Registration Statement on Form S-3 filed with the Securities and Exchange
Commission on July 28, 2000 (File No. 333-38676).
|- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|** |  | Filed as an exhibit to the Registrants Amendment No. 2 to the Registrants Registration Statement on Form S-3 filed with the Securities and Exchange Commission on
August 29, 2000 (File No. 333-38676).
|-- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|*** |  | Filed as Exhibit 99.2 to Current Reports on Form 8-K (File No. 333-38676) as follows:
|--- |  | -------------------------------------------------------------------------------------




Servicers Report for the month ended:

Date Filed:January 31, 2001

February 28, 2001February 28, 2001

March 29, 2001March 31, 2001

April 27, 2001April 30, 2001

May 30, 2001May 31, 2001

June 28, 2001June 30, 2001

July 30, 2001July 31, 2001

August 30, 2001August 31, 2001

September 28, 2001September 30, 2001

October 31, 2001October 31, 2001

November 29, 2001November 30, 2001

December 28, 2001December 31, 2001

January 30, 2002




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SIGNATURES





Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.





Date: March 28, 2002





Re:
AmSouth Auto Trust 2000-1





| | AM | SOUTH AUTO RECEIVABLES, LLC
| | -- | ---------------------------




| | By | :    /s/    P. K. Chatterjee
| | -- | ----------------------------

| | Na | me: P. K. Chatterjee
| | -- | --------------------

| | Tit | le: President
| | --- | -------------



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