Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
ROBERTS WILLIAM B
   2. Issuer Name and Ticker or Trading Symbol
CONSUMER PORTFOLIO SERVICES INC [CPSS] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
126 EAST 56TH STREET		 3. Date of Earliest Transaction (Month/Day/Year)
01/27/2014
(Street)

NEW YORK, NY 10022		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
common stock, no par value 01/27/2014   M   20,000 A $ 6.85 914,107 D  
common stock, no par value 01/27/2014   M   15,000 A $ 5.26 929,107 D  
common stock, no par value 01/27/2014   M   10,000 A $ 3.18 939,107 D  
common stock, no par value 01/27/2014   M   30,000 A $ 0.77 969,107 D  
common stock, no par value 01/27/2014   M   40,000 A $ 7.97 1,009,107 D  
common stock, no par value 01/27/2014   M   25,000 A $ 1.03 1,034,107 D  
common stock, no par value 01/27/2014   M   18,000 A $ 1.2 1,052,107 D  
common stock, no par value 01/27/2014   M   7,000 A $ 1.94 1,059,107 D  
common stock, no par value 01/27/2014   M   50,000 A $ 6.86 1,109,107 D  
common stock, no par value 01/27/2014   M   12,000 A $ 1.81 1,121,107 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options $ 6.85 01/27/2014   M     20,000 04/25/2007 10/25/2016 Common, no par value 20,000 (1) 0 D  
Stock Options $ 5.26 01/27/2014   M     15,000 01/30/2008 07/28/2017 Common, no par value 15,000 (1) 0 D  
Stock Options $ 3.18 01/27/2014   M     10,000 07/30/2008 01/30/2018 Common, no par value 10,000 (1) 0 D  
Stock Options $ 0.77 01/27/2014   M     30,000 11/13/2009 05/13/2019 Common, no par value 30,000 (1) 0 D  
Stock Options $ 7.97 01/27/2014   M     40,000 11/07/2013 05/07/2023 Common, no par value 40,000 (1) 0 D  
Stock Options $ 1.03 01/27/2014   M     25,000 12/03/2011 06/03/2021 Common, no par value 25,000 (1) 0 D  
Stock Options $ 1.2 01/27/2014   M     18,000 10/03/2012 04/03/2022 Common, no par value 18,000 (1) 0 D  
Stock Options $ 1.94 01/27/2014   M     7,000 01/16/2013 07/16/2022 Common, no par value 7,000 (1) 0 D  
Stock Options $ 6.86 01/27/2014   M     50,000 08/01/2013 02/01/2023 Common, no par value 50,000 (1) 0 D  
Stock Options $ 1.81 01/27/2014   M     12,000 10/27/2010 04/27/2020 Common, no par value 12,000 (1) 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
ROBERTS WILLIAM B
126 EAST 56TH STREET
NEW YORK, NY 10022		   X      

Signatures

 /s/ William B. Roberts   01/29/2014
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Issued in consideration of named person's service as a director of the issuer.

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