---

Onyx Acceptance Prices $400 Million in Asset Backed Notes

2 November 2000

Onyx Acceptance Prices $400 Million in Asset Backed Notes

    FOOTHILL RANCH, Calif., Nov. 2 Onyx Acceptance Corporation
announced the pricing of a $400 million offering of automobile
receivables-backed notes through Credit Suisse First Boston Corporation,
Merrill Lynch & Company, Chase Securities Inc. and Salomon Smith Barney.
    The notes will be issued through an owner trust, Onyx Acceptance Owner
Trust 2000-D, as follows:

                Principal      Average
    Class        Amount      Life (years)    Coupon        Price       Yield
    A-1      $ 73,000,000        0.33       6.7025%      1.0000000    6.703%
    A-2        98,000,000        1.00         6.67%      0.9998638    6.684%
    A-3       126,000,000        2.00         6.69%      0.9999813    6.691%
    A-4       103,000,000        3.45         6.85%      0.9997779    6.857%
             $400,000,000

    Each class will be rated AAA and Aaa, respectively, by Standard and Poor's
Ratings Services, a division of The McGraw-Hill Companies, Inc., and Moody's
Investors Service, Inc.  The ratings will be based substantially on the
issuance of a financial guaranty insurance policy issued by MBIA Insurance
Corporation.
    The transaction will be Onyx Acceptance's twenty-second securitization of
automobile receivables.  It will bring the total of automobile
receivables-backed securities issued by the Company to more than
$5.15 billion.
    Onyx Acceptance Corporation is a specialized finance company based in
Foothill Ranch, CA.  Onyx provides financing to franchised and select
independent automobile dealers throughout the United States.