EXHIBIT 20.1
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                   TOYOTA AUTO RECEIVABLES 2000-A OWNER TRUST,


                  TOYOTA MOTOR CREDIT RECEIVABLES CORPORATION,


                                       AND


                         TOYOTA MOTOR CREDIT CORPORATION



                   TOYOTA AUTO RECEIVABLES 2000-A OWNER TRUST






                           INSTRUMENT OF AMENDMENT OF
                          SALE AND SERVICING AGREEMENT









                           Dated as of March 31, 2001



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                   TOYOTA AUTO RECEIVABLES 2000-A OWNER TRUST

                           INSTRUMENT OF AMENDMENT OF

                          SALE AND SERVICING AGREEMENT



                  THIS INSTRUMENT OF AMENDMENT, dated as of March 31, 2001
(the "Amendment"), among Toyota Auto Receivables 2000-A Owner Trust ("Owner
Trust"), in its capacity as issuer (the "Issuer"), Toyota Motor Credit
Receivables Corporation ("TMCRC"), in its capacity as seller (the "Seller"),
and Toyota Motor Credit Corporation ("TMCC"), in its capacity as Servicer
(the "Servicer"), is made with respect to amending the Sale and Servicing
Agreement, dated as of June 1, 2000, among Owner Trust, TMCRC and TMCC.


                                    RECITALS

                  WHEREAS, TMCC has changed the date of its fiscal year end
from September 30 to March 31, and desires to cause the fiscal year end dates
for its subsidiaries (including TMCRC) and for each securitization trust
formed thereby to be changed so as to remain consistent with that of TMCC; and

                  WHEREAS, the parties hereto wish to enter into this
Amendment in order to amend and supplement certain provisions of the Sale and
Servicing Agreement to effect such change and to modify the dates on which
the Servicer is required to deliver certain certificates and reports as to
which such change is relevant;

                  NOW, THEREFORE, in consideration of the premises and the
mutual covenants herein contained, the parties hereto agree as follows:


         SECTION 1. DEFINITIONS. For all purposes of this Amendment, unless
otherwise defined herein, all capitalized terms used herein shall have the
meanings attributed to them in the Sales and Servicing Agreement and the
Indenture.

         SECTION 2. AMENDMENT TO SECTION 4.11(a). Section 4.11(a) is amended
to read as follows:

                  "Within 120 days after March 31 of each calendar year
(commencing with the fiscal year ended March 31, 2001), the Servicer shall
deliver an Officer's Certificate to the Owner Trustee and the Indenture
Trustee to the effect that a review of the activities of the Servicer during
the prior fiscal year (or since the Closing Date in the case of the first
such Officer's Certificate) has been made under the supervision of the
officer executing such Officer's Certificate with a view to determining
whether during such period the Servicer has performed and observed all of its
obligations under this Agreement, and either (i) stating that, to the best of


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his or her knowledge, no default by the Servicer under this Agreement has
occurred and is continuing, or (ii) if such a default has occurred and is
continuing, specifying such default and the nature and status thereof."

         SECTION 3. AMENDMENT TO SECTION 4.12. The first sentence of the
first paragraph of Section 4.12 is amended to read as follows:

                  "ANNUAL ACCOUNTANTS' REPORT. Within 120 days after March 31
of each fiscal year for the Servicer (commencing with the year ended March
31, 2001), the Servicer shall deliver to the Owner Trustee and the Indenture
Trustee a report prepared by the Independent Accountants of the Servicer
concerning their review of the activities of the Servicer during the
preceding 12-month period ended March 31 (or other applicable period in the
case of the first such report or letter) to the effect that such accountants
have reviewed certain records and documents relating to the servicing of the
Receivables under this Agreement (using procedures specified in such report
or letter) and as a result of such review, and in connection with such
procedures, they are reporting such exceptions, if any, as shall be set forth
therein. Such report or letter shall also indicate that the firm is
independent with respect to the Seller and the Servicer within the meaning of
the Code of Professional Ethics of the American Institute of Certified Public
Accountants."



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         IN WITNESS WHEREOF, the parties hereto have caused this Agreement to
be duly executed by their respective officers, thereunto duly authorized and
duly attested, all as of the day and year first above written.

                            TOYOTA AUTO RECEIVABLES 2000-A
                                OWNER TRUST, as Issuer


                            By:  U.S. Bank National Association,
                                 not in its individual capacity but solely as
                                 Owner Trustee on behalf of the Issuer

                            By: /s/ MELISSA A. ROSAL
                                ------------------------------------
                                Name:    Melissa A. Rosal
                                Title:   Vice President


                            TOYOTA MOTOR CREDIT RECEIVABLES
                                CORPORATION, as Seller


                            By: /s/ LLOYD MISTELE
                                ------------------------------------
                                Name:    Lloyd Mistele
                                Title:   President


                            TOYOTA MOTOR CREDIT CORPORATION, as
                                 Servicer


                            By: /s/ GEORGE E. BORST
                                -----------------------------------
                                Name:    George E. Borst
                                Title:   President and Chief
                                         Executive Officer


ACKNOWLEDGED AND ACCEPTED AS OF
THE DAY AND YEAR FIRST ABOVE WRITTEN:

U.S. Bank National Association, not in its
individual capacity but solely as Indenture Trustee

By: /s/ MELISSA A. ROSAL
   -------------------------------
     Name:    Melissa A. Rosal
     Title:   Vice President




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