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CREDIT ACCEPTANCE CORP Director's Dealing 2010

Dec 16, 2010

31014_dirs_2010-12-16_e3274352-dd29-438c-8d26-21dc27802989.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2010-12-15

Reporting Person: VASSALLUZZO SCOTT J (Director, 10% Owner, Member of Section 13(d) Group)
Reporting Person: SMITH THOMAS W (10% Owner, Member of Section 13(d) Group)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-12-15 Common Stock S 8000 $61.71 Disposed 192000 Indirect
2010-12-16 Common Stock S 8500 $61.60 Disposed 183500 Indirect

Footnotes

F1: These shares are owned directly by the Prescott Investors Profit Sharing Trust("Trust") and indirectly by Messrs. Scott J. Vassalluzzo and Thomas W. Smith as trustees of the Trust. Messrs. Vassalluzzo and Smith each disclaim beneficial ownership of these shares in excess of their pencuniary interest under 16a-8(b)(2)(ii). The address for the Trust is 323 Railroad Avenue, Greenwich, CT 06830