UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K
                                 CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report:    November 4, 2002

                         CAPITAL AUTO RECEIVABLES, INC.
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             (Exact name of registrant as specified in its charter)


          Delaware                   333-75464                  38-3082892
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(State or other jurisdiction of      Commission              (I.R.S. Employer
incorporation or organization)       File Number             Identification No.)


Corporation Trust Center
1209 Orange Street, Wilmington, DE                                  19801
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(Address of principal executive offices)                          (Zip Code)

Registrant's telephone number, including area code                302-658-7581
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Items 1-4.  Not Applicable.

Item 5.     Other Events

                    On November 1, the registrant made available to prospective
                    investors a series term sheet setting forth a description of
                    the collateral pool and the proposed structure. Capital Auto
                    Receivables Asset Trust 2002-5 will issue the following:
                    Class A-1 _____% Asset Backed Notes in the Aggregate
                    Principal Amount of $420,000,000, Class A-2 _____% Asset
                    Backed Notes in the Aggregate Principal Amount of
                    $1,180,000,000, Class A-3 Asset Backed Notes in the
                    Aggregate Principal Amount of $730,000,000, Class A-4 ____%
                    Asset Backed Notes in the Aggregate Principal Amount of
                    $608,363,000, and _____% Asset Backed Certificates with an
                    aggregate initial Certificate Balance of $89,969,000. Only
                    the Class A-2 Notes, the Class A-3 Notes, the Class A-4
                    Notes and the Certificates are being offered for sale.
                    Capital Auto Receivables, Inc. will initially retain
                    Certificates with an initial Certificate balance of
                    $908,538.85. The series term sheet is attached hereto as
                    Exhibit 99.

Item 6.     Not applicable.

Item 7.     Exhibits.

Exhibit 99. The following is filed as an Exhibit to this Report under
            Exhibit 99.

                    Series Term Sheet dated November 1, 2002, with respect to
                    the proposed issuance of the Class A-1 Asset Backed Notes,
                    Class A-2 Asset Backed Notes, Class A-3 Asset Backed Notes,
                    Class A-4 Asset Backed Notes and the Asset Backed
                    Certificates of Capital Auto Receivables Asset Trust 2002-5.



                                   SIGNATURES

Pursuant to the requirements 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.

                                       CAPITAL AUTO RECEIVABLES, INC.
                                       =================================
                                                 (Registrant)

                                       By:  s/ WILLIAM F. MUIR
                                       =================================
Dated: November 4, 2002                William F. Muir, Chairman of the Board