CREDIT ACCEPTANCE CORP — Director's Dealing 2011

Jan 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREDIT ACCEPTANCE CORP (CACC)
CIK: 0000885550
Period of Report: 2010-12-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-31	Common Stock	M	14156	$9.885	Acquired	238229	Direct
2010-12-31	Common Stock	S	2000	$62.35	Disposed	236229	Direct
2010-12-31	Common Stock	S	1000	$62.45	Disposed	235229	Direct
2010-12-31	Common Stock	S	2000	$62.60	Disposed	233229	Direct
2010-12-31	Common Stock	S	1944	$62.70	Disposed	231285	Direct
2010-12-31	Common Stock	S	56	$62.72	Disposed	231229	Direct
2010-12-31	Common Stock	S	3000	$62.80	Disposed	228229	Direct
2010-12-31	Common Stock	S	3000	$62.85	Disposed	225229	Direct
2010-12-31	Common Stock	S	1156	$62.90	Disposed	224073	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-31	Employee Stock Option (right to buy)	$9.885	M	14156	Disposed	2012-01-02	Common Stock (14156)	Direct

Footnotes

F1: Includes 90,000 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.