CREDIT ACCEPTANCE CORP — Director's Dealing 2010

Dec 1, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2010-11-29

Reporting Person: ROBERTS BRETT A (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-29	Common Stock	M	15971	$9.885	Acquired	330044	Direct
2010-11-29	Common Stock	S	971	$61.30	Disposed	329073	Direct
2010-11-29	Common Stock	S	1000	$61.40	Disposed	328073	Direct
2010-11-29	Common Stock	S	1000	$61.50	Disposed	327073	Direct
2010-11-29	Common Stock	S	1000	$61.60	Disposed	326073	Direct
2010-11-29	Common Stock	S	700	$61.70	Disposed	325373	Direct
2010-11-29	Common Stock	S	285	$61.71	Disposed	325088	Direct
2010-11-29	Common Stock	S	15	$61.72	Disposed	325073	Direct
2010-11-29	Common Stock	S	1000	$61.80	Disposed	324073	Direct
2010-11-29	Common Stock	S	1000	$61.90	Disposed	323073	Direct
2010-11-29	Common Stock	S	2000	$62.00	Disposed	321073	Direct
2010-11-29	Common Stock	S	1000	$62.10	Disposed	320073	Direct
2010-11-29	Common Stock	S	1000	$62.20	Disposed	319073	Direct
2010-11-29	Common Stock	S	1000	$62.30	Disposed	318073	Direct
2010-11-29	Common Stock	S	2000	$62.50	Disposed	316073	Direct
2010-11-29	Common Stock	S	2000	$62.70	Disposed	314073	Direct
2010-11-30	Common Stock	M	1000	$9.885	Acquired	315073	Direct
2010-11-30	Common Stock	S	1000	$62.25	Disposed	314073	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-29	Employee Stock Option (right to buy)	$9.885	M	15971	Disposed	2012-01-02	Common Stock (15971)	Direct
2010-11-30	Employee Stock Option (right to buy)	$9.885	M	1000	Disposed	2012-01-02	Common Stock (1000)	Direct

Footnotes

F1: Includes 180,000 restricted stock units that have vested under the Company's Incentive Compensation Plan.

F2: The employee stock options vested in installments based on the Company's satisfaction of certain performance-related criteria and became vested in full on February 27, 2006.