Exhibit 99.3
August 2, 2004
To: The Addressees Listed on Schedule I Hereto
Re: AmSouth Auto Trust 2000-1
Optional Purchase of Owner Trust Estate
Ladies and Gentlemen:
Pursuant toSection 10.1 of the Indenture, dated as of October 1, 2000 (the “Indenture”), between AmSouth Auto Trust 2000-1 (the “Issuer”) and The Bank of New York Trust Company, N.A. (as successor in interest to The Bank of New York Trust Company of Florida, National Association) (the “Indenture Trustee”), the undersigned hereby gives notice that it has elected to exercise the option to purchase the Owner Trust Estate (other than the Trust Accounts, the Certificate Distribution Account and any funds or investments therein) on September 15, 2004 (the “Redemption Date”) in accordance withSection 9.1(a) of the Sale and Servicing Agreement (defined below). Therefore, pursuant toSection 10.1 of the Indenture andSection 9.1(a) of the Sale and Servicing Agreement, the Notes and the Certificates will be redeemed on the Redemption Date.
Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms inAppendix X to the Sale and Servicing Agreement, dated as of October 1, 2000, among the Issuer, AmSouth Auto Receivables LLC, as Seller, AmSouth Bank, as Servicer, and the Indenture Trustee (the “Sale and Servicing Agreement”).
| AMSOUTH BANK, as Servicer | ||
| By: | /s/ Brent A. Sloman | |
| Name: | Brent A. Sloman | |
| Title: | Vice President | |
Schedule I
The Bank of New York Trust Company, N.A.
as Indenture Trustee
Towermarc Plaza
10161 Centurion Parkway
Jacksonville, Florida 32256
JPMorgan Chase Bank
as Owner Trustee
4 New York Plaza, 6th Floor
New York, New York 10004
Attention: ITS Structured Finance Administration
Moody’s Investors Service, Inc.
99 Church Street
New York, New York 10007
Attention: Asset Backed Securities Group
Standard & Poor’s Ratings Services
55 Water Street
New York, New York 10041
Attention: Asset Backed Surveillance Department
