1
WFS FINANCIAL 1998-A OWNER TRUST
Statement to Securityholders
for Master Service Report Date of January 31, 1999
for Distribution Date of February 20, 1999
Class A-1
Original Principal Balance 100,000,000.00
PER $1000
ORIG PRIN
AGGREGATE BALANCES: TOTALS BALANCE
Aggregate Unpaid Principal Balance as of Prior
Distribution Date 0.00 0.000000
Aggregate Unpaid Principal Balance as of Current
Distribution Date 0.00 0.000000
Pool Factor 0.000000
PRINCIPAL DISTRIBUTABLE AMOUNT:
Principal Distributable Amount 0.00 0.000000
Plus: Prior Principal Carryover Shortfall 0.00 0.000000
Less: Current Principal Carryover Shortfall 0.00 0.000000
--------------
Total Principal Distributable Amount 0.00 0.000000
INTEREST DISTRIBUTABLE AMOUNT:
Interest Distributable Amount 0.00 0.000000
Plus: Prior Interest Carryover Shortfall 0.00 0.000000
Less: Current Interest Carryover Shortfall 0.00 0.000000
--------------
Total Interest Distributable Amount 0.00 0.000000
PER $1000
AGGREGATE
AGGREGATE SECURITY RELATED INFORMATION: ORIG PRIN BAL
Aggregate Scheduled Balance 352,935,849.86 935.183437
Servicing Fee 1,197,071.00 2.047015
Spread Account 29,116,368.69 37.909259
Net Change in Spread Account 2,055,070.82 n/a
Note Percentage 100.000000% n/a
Certificate Percentage 0.000000% n/a
2
WFS FINANCIAL 1998-A OWNER TRUST
Statement to Securityholders
for Master Service Report Date of January 31, 1999
for Distribution Date of February 20, 1999
Class A-2
Original Principal Balance 120,000,000.00
PER $1000
ORIG PRIN
AGGREGATE BALANCES: TOTALS BALANCE
Aggregate Unpaid Principal Balance as of
Prior Distribution Date 93,361,404.70 778.011706
Aggregate Unpaid Principal Balance as of
Current Distribution Date 47,935,849.86 399.465416
Pool Factor 0.399465
PRINCIPAL DISTRIBUTABLE AMOUNT:
Principal Distributable Amount 45,425,554.84 378.546290
Plus: Prior Principal Carryover Shortfall 0.00 0.000000
Less: Current Principal Carryover Shortfall 0.00 0.000000
--------------
Total Principal Distributable Amount 45,425,554.84 378.546290
INTEREST DISTRIBUTABLE AMOUNT:
Interest Distributable Amount 1,409,762.40 11.748020
Plus: Prior Interest Carryover Shortfall 0.00 0.000000
Less: Current Interest Carryover Shortfall 0.00 0.000000
--------------
Total Interest Distributable Amount 1,409,762.40 11.748020
PER $1000
AGGREGATE
AGGREGATE SECURITY RELATED INFORMATION: ORIG PRIN BAL
Aggregate Scheduled Balance 352,935,849.86 935.183437
Servicing Fee 1,197,071.00 2.047015
Spread Account 29,116,368.69 37.909259
Net Change in Spread Account 2,055,070.82 n/a
Note Percentage 100.000000 n/a
Certificate Percentage 0.000000 n/a
3
WFS FINANCIAL 1998-A OWNER TRUST
Statement to Securityholders
for Master Service Report Date of January 31, 1999
for Distribution Date of February 20, 1999
Class A-3
Original Principal Balance 180,000,000.00
PER $1000
ORIG PRIN
AGGREGATE BALANCES: TOTALS BALANCE
Aggregate Unpaid Principal Balance as of
Prior Distribution Date 180,000,000.00 1000.000000
Aggregate Unpaid Principal Balance as of
Current Distribution Date 180,000,000.00 1000.000000
Pool Factor 1.000000
PRINCIPAL DISTRIBUTABLE AMOUNT:
Principal Distributable Amount 0.00 0.000000
Plus: Prior Principal Carryover Shortfall 0.00 0.000000
Less: Current Principal Carryover Shortfall 0.00 0.000000
--------------
Total Principal Distributable Amount 0.00 0.000000
INTEREST DISTRIBUTABLE AMOUNT:
Interest Distributable Amount 2,655,000.00 14.750000
Plus: Prior Interest Carryover Shortfall 0.00 0.000000
Less: Current Interest Carryover Shortfall 0.00 0.000000
--------------
Total Interest Distributable Amount 2,655,000.00 14.750000
PER $1000
AGGREGATE
AGGREGATE SECURITY RELATED INFORMATION: ORIG PRIN BAL
Aggregate Scheduled Balance 352,935,849.86 935.183437
Servicing Fee 1,197,071.00 2.047015
Spread Account 29,116,368.69 37.909259
Net Change in Spread Account 2,055,070.82 n/a
Note Percentage 100.000000% n/a
Certificate Percentage 0.000000% n/a
4
WFS FINANCIAL 1998-A OWNER TRUST
Statement to Securityholders
for Master Service Report Date of January 31, 1999
for Distribution Date of February 20, 1999
Class A-4
Original Principal Balance 67,250,000.00
PER $1000
ORIG PRIN
AGGREGATE BALANCES: TOTALS BALANCE
Aggregate Unpaid Principal Balance as of
Prior Distribution Date 67,250,000.00 1000.000000
Aggregate Unpaid Principal Balance as of
Current Distribution Date 67,250,000.00 1000.000000
Pool Factor 1.000000
PRINCIPAL DISTRIBUTABLE AMOUNT:
Principal Distributable Amount 0.00 0.000000
Plus: Prior Principal Carryover Shortfall 0.00 0.000000
Less: Current Principal Carryover Shortfall 0.00 0.000000
--------------
Total Principal Distributable Amount 0.00 0.000000
INTEREST DISTRIBUTABLE AMOUNT:
Interest Distributable Amount 1,000,343.75 14.875000
Plus: Prior Interest Carryover Shortfall 0.00 0.000000
Less: Current Interest Carryover Shortfall 0.00 0.000000
--------------
Total Interest Distributable Amount 1,000,343.75 14.875000
PER $1000
AGGREGATE
AGGREGATE SECURITY RELATED INFORMATION: ORIG PRIN BAL
Aggregate Scheduled Balance 352,935,849.86 935.183437
Servicing Fee 1,197,071.00 2.047015
Spread Account 29,116,368.69 37.909259
Net Change in Spread Account 2,055,070.82 n/a
Note Percentage 100.000000% n/a
Certificate Percentage 0.000000% n/a
5
WFS FINANCIAL 1998-A OWNER TRUST
Statement to Securityholders
for Master Service Report Date of January 31, 1999
for Distribution Date of February 20, 1999
Certificate
Original Principal Balance 57,750,000.00
PER $1000
ORIG PRIN
AGGREGATE BALANCES: TOTALS BALANCE
Aggregate Unpaid Principal Balance as of
prior Distribution Date 57,750,000.00 1000.000000
Aggregate Unpaid Principal Balance as of
current Distribution Date 57,750,000.00 1000.000000
Pool Factor 1.000000
PRINCIPAL DISTRIBUTABLE AMOUNT:
Principal Distributable Amount 0.00 0.000000
Plus: Prior Principal Carryover Shortfall 0.00 0.000000
Less: Current Principal Carryover Shortfall 0.00 0.000000
--------------
Total Principal Distributable Amount 0.00 0.000000
INTEREST DISTRIBUTABLE AMOUNT:
Interest Distributable Amount 873,468.75 15.125000
Plus: Prior Interest Carryover Shortfall 0.00 0.000000
Less: Current Interest Carryover Shortfall 0.00 0.000000
--------------
Total Interest Distributable Amount 873,468.75 15.125000
PER $1000
AGGREGATE
AGGREGATE SECURITY RELATED INFORMATION: ORIG PRIN BAL
Aggregate Scheduled Balance 352,935,849.86 935.183437
Servicing Fee 1,197,071.00 2.047015
Spread Account 29,116,368.69 37.909259
Net Change in Spread Account 2,055,070.82 n/a
Note Percentage 100.000000% n/a
Certificate Percentage 0.000000% n/a
6
WFS FINANCIAL 1998-A OWNER TRUST
Officer's Certificate
for Master Service Report Date of January 31, 1999
for Distribution Date of February 20, 1999
Detailed Reporting
See Schedule F
WFS Financial Inc, as Master Servicer, certifies that all
computations presented reflect accurate information as of
January 31, 1999 and were performed in conformity with the
Sale and Servicing Agreement dated March 1, 1998.
/s/ LEE A. WHATCOTT
----------------------------------------
Lee A. Whatcott
Executive Vice President
Chief Financial Officer
/s/ MARK OLSON
----------------------------------------
Mark Olson
Senior Vice President
Controller