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                      SECURITIES AND EXCHANGE COMMISSION


                            WASHINGTON, D.C. 20549


                      ---------------------------------

                                   FORM 8-K

                                CURRENT REPORT
                      PURSUANT TO SECTION 13 OR 15(d) OF
                     THE SECURITIES EXCHANGE ACT OF 1934

                               JANUARY 16, 1998
              (Date of Report - Date of earliest event reported)

                                --------------

                            Commission File Number
                                      
                          NATIONAL AUTO CREDIT, INC.
           (Exact name of registrants as specified in its charter)
                                      
          DELAWARE                                   34-1816760
(State or other jurisdiction of                   (I.R.S. Employer
incorporation or organization)                    Identification No.)
         
              30000 AURORA RD., SOLON, OHIO              44139
         (Address of principal executive offices)      (Zip code)

      REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (440) 349-1000

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Item 4.  Changes in Registrant's Certifying Accountant
         ---------------------------------------------

        On January 16, 1998, Deloitte & Touche LLP ("DT") informed the Board of
Directors of National Auto Credit, Inc. (the "Registrant") that it had resigned
as their independent auditors.  The Registrant is currently in the process of
selecting independent accountants for its fiscal year ending January 31, 1998. 
The Registrant has placed no limitations on DT responding fully to      
inquiries of the successor accountant.

        The reports of DT on the Registrant's financial statements for each of
the past two fiscal years contained no adverse opinion or disclaimer of
opinion and were not qualified or modified as to uncertainty, audit scope or
accounting principle.

        In connection with its audits for the two most recent fiscal years and
through January 16, 1998, there have been no disagreements between the
Registrant and DT on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure, which
disagreements if not resolved to the satisfaction of DT would have caused them
to make reference thereto in their report on the financial statements for
such fiscal years.

        During the fiscal year ended January 31, 1997 and through January 16,
1998, there have been no reportable events as defined in Regulation S-K Item
304(a)(1)(v) except as follows:

        -     On January 12, 1998, representatives of DT advised the President
              and the Chairman of the Board of the Registrant that DT had been
              advised by current and former employees of potentially improper
              activities that may affect the Registrant's financial accounting
              records.  DT recommended that the Board of Directors conduct an
              investigation of these allegations and informed the Registrant
              that it had made no investigation of the information. On January
              16, 1998, DT advised the Board of Directors and management of
              Registrant that information had come to the attention of DT that
              led DT to conclude that DT could no longer rely on management's
              representations and informed the Board of Directors and 
              management of the Registrant that it had made no investigation of
              the information.
 
        -     DT had previously communicated to the Registrant in a letter dated
              March 6, 1997 certain matters involving the internal control
              structure of the Company related to its self-insurance claims
              liability and loan loss reserves which DT considered to be
              reportable conditions under standards established by the American
              Institute of Certified Public Accountants.

        The Registrant has provided DT with a copy of the above disclosures
which the Registrant is making in response to Item 304(a) of Regulation S-K and
has requested that DT furnish it with a letter addressed to the Securities and
Exchange Commission stating whether or not it agrees with such disclosures.  A
copy of such letter dated January 20, 1998, is filed as Exhibit 1 to this Form
8-K.




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                                  SIGNATURES


        Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                     NATIONAL AUTO CREDIT, INC.
                                           (Registrant)

Date: January 20, 1998               /s/ Raymond Varcho
                                     -----------------------------------
                                     Vice President, General Counsel
                                     and Secretary


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                       [Deloitte & Touche LLP Letterhead]


January 20, 1998

Securities and Exchange Commission
Mail Stop 9-5
450 5th Street, N.W.
Washington, D.C. 20549

Dear Sirs/Madams:

We have read and agree with the comments in Item 4 of Form 8-K of National Auto
Credit, Inc. dated January 20, 1998, except for the second sentence of the
first paragraph and the last sentence of the fifth paragraph on which we have
no basis to agree or disagree.

Yours truly,

/s/ Deloitte & Touche LLP

DELOITTE & TOUCHE LLP