13D Filing: Jill Foss Watson and Credit Acceptance Corp (NASDAQ:CACC)

CUSIP No. 225310 10 1

SCHEDULE 13D

Page 13 of 13 Pages

* The percentage is calculated based upon total outstanding
shares of 19,877,856 as of February 3, 2017, as reported in the Issuer’s Form 10-K for the year ended December 31, 2016.

**Mrs. Foss Watson is the trustee of the Donald A. Foss 2009
Remainder Trust, the Donald A. Foss 2010 Remainder Trust, the Jill Foss Watson Living Trust, the Karol A. Foss Irrevocable Grandchildren’s
Trust, the Jill Foss Watson 2016 Grantor Retained Annuity Trust, and the Pathways Foundation. Mr. Todd Watson, spouse of Jill Foss
Watson, is the trustee of the Jill Foss Watson Irrevocable Trust, the Jill Foss Watson 2014 Children’s Trust FBO Gwyneth Ellen
Watson, and the Jill Foss Watson 2014 Children’s Trust FBO Duncan Todd Watson. This amount also includes 2,146 shares held by Duncan
Todd Watson. Mrs. Foss Watson disclaims beneficial ownership of these shares owned by such trusts and by Duncan Todd Watson.

(c) None.

(d) The respective beneficiaries of the Donald A. Foss 2009
Remainder Trust, the Donald A. Foss 2010 Remainder Trust, the Jill Foss Watson Irrevocable Trust, the Karol A. Foss Irrevocable
Grandchildren’s Trust, the Jill Foss Watson 2016 Grantor Retained Annuity Trust, the 2014 Children’s Trust FBO Gwyneth Ellen
Watson, and the Jill Foss Watson 2014 Children’s Trust FBO Duncan Todd Watson ultimately receive the pecuniary benefit of dividends
from, or the proceeds from the sale of, the shares held in each respective trust.

(e) Not applicable.

 

Item 6. Contracts, Arrangements, Understandings or Relationships
With Respect to Securities of the Issuer.

No change.

 

Item 7. Material to be Filed as Exhibits.

No change.

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