Exhibit 99.1

                          Annual Holders' Tax Statement

Summary of Payments for CPS Auto Receivables Trust 1998-4 for the Year Ended
December 31, 2000




                                       --------------     ------------------     -----------------
                                       Base Servicing     Principal Payments     Interest Payments
----------------------------------     --------------     ------------------     -----------------
                                                                        
CPS Auto Receivables Trust 1998-4      $3,887,269.25        $61,938,630,28         $35,474,509.44
----------------------------------     --------------     ------------------     -----------------


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