CPS Auto Receivables Trust 2020-A: Presale Report

DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to the following classes of notes to be issued by CPS Auto Receivables Trust 2020-A (CPS 2020-A or the Issuer):

-- $130,000,000 Class A Notes rated AAA (sf)
-- $34,060,000 Class B Notes rated AA (sf)
-- $37,180,000 Class C Notes rated A (sf)
-- $26,000,000 Class D Notes rated BBB (sf)
-- $26,260,000 Class E Notes rated BB (sf)
-- $6,500,000 Class F Notes rated B (sf)