EXHIBIT 99.3

                        MANAGEMENT'S ASSERTION CONCERNING
                   COMPLIANCE WITH MINIMUM SERVICING STANDARDS

                                 March 31, 2003

As of and for the year ended December 31, 2002, M&I Marshall & Isley Bank (the
"Servicer") has complied, in all material respects, with the Servicer's
established minimum servicing standards for the receivables being serviced for
the Trust (as defined below) as set forth in Appendix I (the "Standards"). The
Standards are based on the Mortgage Banker's Association of America's Uniform
Single Attestation Program for Mortgage Bankers, modified to address the unique
characteristics of servicing automotive retail installment contracts in
accordance with the Sale and Servicing Agreement dated as of October 10, 2002
among The Bank of New York (Delaware), not in its individual capacity but solely
as owner trustee of M&I Auto Loan Trust 2002-1 (the "Trust"), M&I Dealer Auto
Securitization, LLC, as seller, the Servicer, and Bank One, National
Association, as indenture trustee.

                                         M&I MARSHALL & ILSLEY BANK, as Servicer

                                         By: /s/ THOMAS J. O'NEILL
                                             -----------------------------------
                                         Name:   Thomas J. O'Neill
                                         Title:  Executive Vice President



APPENDIX I

M&I MARSHALL & ILSLEY BANK'S MINIMUM SERVICING STANDARDS

I.     RECONCILIATIONS

1.     Reconciliations shall be prepared on a monthly basis for all related bank
       clearing accounts. These reconciliations shall:
       [_]   be mathematically accurate;
       [_]   be prepared within forty-five (45) calendar days after the cutoff
             date;
       [_]   be reviewed and approved by someone other than the person who
             prepared he reconciliation; and
       [_]   document explanations for reconciling items. These reconciling
             items shall be resolved within ninety (90) calendar days of their
             original identification.

II.    MOTOR VEHICLE LOAN PAYMENTS

1.     Motor vehicle loan payments shall be deposited into the custodial bank
       accounts (maintained at a federally insured depository institution in
       trust) and related bank clearing accounts within two business days of
       receipt if M&I Marshall & Ilsley Bank does not maintain the required
       rating.

2.     Motor vehicle loan payments made in accordance with the motor vehicle
       loan documents shall be posted to the applicable motor vehicle loan
       records within two business days of receipt.

3.     Motor vehicle loan payments shall be allocated to principal, interest,
       insurance, or taxes in accordance with the Bank's customary servicing
       procedures.

4.     Motor vehicle loan payments identified as loan payoffs shall be allocated
       in accordance with the motor vehicle loan documents.

III.   DISBURSEMENTS

1.     Disbursements made via wire transfer on behalf of an obligor or investor
       shall be made only by authorized personnel.

2.     Disbursements made on behalf of an obligor or investor shall be posted
       within three business days to the obligor's or servicer's records
       maintained by the servicing entity.

3.     Amounts remitted to investors per the servicer's investor reports shall
       agree with cancelled checks, or other form of payment, or custodial bank
       statements.



IV.    INVESTOR ACCOUNTING AND REPORTING

1.     Statements are sent on a monthly basis listing the total unpaid principal
       balance and pool.

V.     MOTOR VEHICLE LOAN ACCOUNTING

1.     The servicing entity's motor vehicle loan records shall agree with, or
       reconcile to, the records of obligors with respect to the unpaid princial
       balance on a monthly basis.

VI.    DELINQUENCIES

1.     Records documenting collection efforts shall be maintained during the
       period a loan is in default and shall be updated at least monthly. Such
       records shall describe the entity's activities in monitoring delinquent
       loans including, for example, phone calls, letters and payment
       rescheduling plans in cases where the delinquency is deemed temporary
       (e.g., illness or unemployment).