WFS FINANCIAL 2005-1 OWNER TRUST
Statement to Securityholders
for Collection Period ended May 31, 2005
for Distribution Date of June 17, 2005
Class A-1


Original Principal Balance			267,000,000.00

					Per $1000
					Orig Prin
			Total		Balance
Aggregate Balances:

Principal Amount of Notes as of Prior Distribution Date				97,557,501.63		365.383901

Principal Amount of Notes as of Current Distribution Date				41,464,125.91		155.296352

Pool Factor				0.155296

Principal Distribution Amount:

Principal Distribution Amount	56,093,375.72					210.087550

Interest Distributable Amount:

Note Monthly Interest Distributable Amount	231,021.58					0.865249
Plus: Prior Interest Carryover	0.00					0.000000

Total Interest Distributable Amount	231,021.58					0.865249

Interest Distribution Amount	231,021.58					0.865249


Current Interest Carryover				0.00		0.000000

					Per $1000
					Aggregate
					Orig Note Bal
Aggregate Security Related Information:

Aggregate Principal Balance	1,395,534,356.18
Outstanding Amount of Notes	1,326,464,125.91

Excess	69,070,230.27


Overcollateralization Amount	90,709,733.15

Servicing Fee	1,505,726.00					0.970184

Beginning Spread Account Balance	8,000,000.00
Investment earnings on funds in spread account	20,806.01
Amount withdrawn from Spread Account	(8,020,806.01	)
Deposits	8,000,000.00
Excess Spread Amount	—

Ending Spread Account Balance	8,000,000.00


Net Collections	61,626,917.48

Aggregate Principal Balance of Delinquent Contracts	3,929,592.09

Aggregate Excess Spread Amount	—
Total Initial Spread Deposit Repayment	—

Certificate Distributable Amount (LTD)	—

WFS FINANCIAL 2005-1 OWNER TRUST
Statement to Securityholders
for Collection Period ended May 31, 2005
for Distribution Date of June 17, 2005
Class A-2


Original Principal Balance			375,000,000.00

					Per $1000
					Orig Prin
			Totals		Balance
Aggregate Balances:

Principal Amount of Notes as of Prior Distribution Date				375,000,000.00		1000.000000

Principal Amount of Notes as of Current Distribution Date				375,000,000.00		1000.000000

Pool Factor				1.000000

Principal Distribution Amount:

Principal Distribution Amount	0.00					0.000000

Interest Distributable Amount:

Note Monthly Interest Distributable Amount	996,875.00					2.658333
Plus: Prior Interest Carryover	0.00					0.000000

Total Interest Distributable Amount	996,875.00					2.658333

Interest Distribution Amount	996,875.00					2.658333


Current Interest Carryover				0.00		0.000000

					Per $1000
					Aggregate
					Orig Note Bal
Aggregate Security Related Information:

Aggregate Principal Balance	1,395,534,356.18
Outstanding Amount of Notes	1,326,464,125.91

Excess	69,070,230.27


Overcollateralization Amount	90,709,733.15

Servicing Fee	1,505,726.00					0.970184

Beginning Spread Account Balance	8,000,000.00
Investment earnings on funds in spread account	20,806.01
Amount withdrawn from Spread Account	(8,020,806.01	)
Deposits	8,000,000.00
Excess Spread Amount	—

Ending Spread Account Balance	8,000,000.00


Net Collections	61,626,917.48

Aggregate Principal Balance of Delinquent Contracts	3,929,592.09

Aggregate Excess Spread Amount	—
Total Initial Spread Deposit Repayment	—

Certificate Distributable Amount (LTD)	—

WFS FINANCIAL 2005-1 OWNER TRUST
Statement to Securityholders
for Collection Period ended May 31, 2005
for Distribution Date of June 17, 2005

Class A-3


Original Principal Balance			510,000,000.00
					Per $1000
					Orig Prin
			Totals		Balance
Aggregate Balances:
Principal Amount of Notes as of Prior Distribution Date				510,000,000.00		1000.000000

Principal Amount of Notes as of Current Distribution Date				510,000,000.00		1000.000000

Pool Factor				1.000000

Principal Distribution Amount:

Principal Distribution Amount	0.00					0.000000

Interest Distributable Amount:

Note Monthly Interest Distributable Amount	1,525,750.00					2.991667
Plus: Prior Interest Carryover	0.00					0.000000

Total Interest Distributable Amount	1,525,750.00					2.991667

Interest Distribution Amount	1,525,750.00					2.991667


Current Interest Carryover				0.00		0.000000

					Per $1000
					Aggregate
					Orig Note Bal
Aggregate Security Related Information:

Aggregate Principal Balance	1,395,534,356.18
Outstanding Amount of Notes	1,326,464,125.91

Excess	69,070,230.27


Overcollateralization Amount	90,709,733.15

Servicing Fee	1,505,726.00					0.970184

Beginning Spread Account Balance	8,000,000.00
Investment earnings on funds in spread account	20,806.01
Amount withdrawn from Spread Account	(8,020,806.01	)
Deposits	8,000,000.00
Excess Spread Amount	—

Ending Spread Account Balance	8,000,000.00


Net Collections	61,626,917.48

Aggregate Principal Balance of Delinquent Contracts	3,929,592.09

Aggregate Excess Spread Amount	—
Total Initial Spread Deposit Repayment	—

Certificate Distributable Amount (LTD)	—

WFS FINANCIAL 2005-1 OWNER TRUST
Statement to Securityholders
for Collection Period ended May 31, 2005
for Distribution Date of June 17, 2005
Class A-4

Original Principal Balance

224,000,000.00


					Per $1000
					Orig Prin
Aggregate Balances:			Totals		Balance
Principal Amount of Notes as of Prior Distribution Date				224,000,000.00		1000.000000

Principal Amount of Notes as of Current Distribution Date				224,000,000.00		1000.000000

Pool Factor				1.000000

Principal Distribution Amount:

Principal Distribution Amount	0.00					0.000000

Interest Distributable Amount:

Note Monthly Interest Distributable Amount	722,400.00					3.225000
Plus: Prior Interest Carryover	0.00					0.000000

Total Interest Distributable Amount	722,400.00					3.225000

Interest Distribution Amount	722,400.00					3.225000


Current Interest Carryover				0.00		0.000000

					Per $1000
					Aggregate
Aggregate Security Related Information:					Orig Note Bal
Aggregate Principal Balance	1,395,534,356.18
Outstanding Amount of Notes	1,326,464,125.91

Excess	69,070,230.27


Overcollateralization Amount	90,709,733.15

Servicing Fee	1,505,726.00					0.970184

Beginning Spread Account Balance	8,000,000.00
Investment earnings on funds in spread account	20,806.01
Amount withdrawn from Spread Account	(8,020,806.01	)
Deposits	8,000,000.00
Excess Spread Amount	—

Ending Spread Account Balance	8,000,000.00


Net Collections	61,626,917.48

Aggregate Principal Balance of Delinquent Contracts	3,929,592.09

Aggregate Excess Spread Amount	—
Total Initial Spread Deposit Repayment	—

Certificate Distributable Amount (LTD)	—

WFS FINANCIAL 2005-1 OWNER TRUST
Statement to Securityholders
for Collection Period ended May 31, 2005
for Distribution Date of June 17, 2005
Class B-1


Original Principal Balance	60,000,000.00
						Per $1000
						Orig Prin
				Totals		Balance
Aggregate Balances:

Principal Amount of Notes as of Prior Distribution Date					60,000,000.00		1000.000000

Principal Amount of Notes as of Current Distribution Date					60,000,000.00		1000.000000

Pool Factor					1.000000

Principal Distribution Amount:

Principal Distribution Amount		0.00					0.000000

Interest Distributable Amount:

Note Monthly Interest Distributable Amount		187,000.00					3.116667
Plus: Prior Interest Carryover		0.00					0.000000

Total Interest Distributable Amount		187,000.00					3.116667

Interest Distribution Amount		187,000.00					3.116667


Current Interest Carryover					0.00		0.000000

						Per $1000
						Aggregate
						Orig Note Bal
Aggregate Security Related Information:

Aggregate Principal Balance		1,395,534,356.18
Outstanding Amount of Notes		1,326,464,125.91

Excess		69,070,230.27


Overcollateralization Amount		90,709,733.15

Servicing Fee		1,505,726.00					0.970184

Beginning Spread Account Balance		8,000,000.00
Investment earnings on funds in spread account		20,806.01
Amount withdrawn from Spread Account		(8,020,806.01	)
Deposits		8,000,000.00
Excess Spread Amount		—

Ending Spread Account Balance		8,000,000.00


Net Collections		61,626,917.48

Aggregate Principal Balance of Delinquent Contracts		3,929,592.09

Aggregate Excess Spread Amount		—
Total Initial Spread Deposit Repayment		—

Certificate Distributable Amount (LTD)		—

WFS FINANCIAL 2005-1 OWNER TRUST
Statement to Securityholders
for Collection Period ended May 31, 2005
for Distribution Date of June 17, 2005
Class C-1


Original Principal Balance			64,000,000.00
					Per $1000
					Orig Prin
			Totals		Balance
Aggregate Balances:

Principal Amount of Notes as of Prior Distribution Date				64,000,000.00		1000.000000

Principal Amount of Notes as of Current Distribution Date				64,000,000.00		1000.000000

Pool Factor				1.000000

Principal Distribution Amount:

Principal Distribution Amount	0.00					0.000000

Interest Distributable Amount:

Note Monthly Interest Distributable Amount	203,733.33					3.183333
Plus: Prior Interest Carryover	0.00					0.000000

Total Interest Distributable Amount	203,733.33					3.183333

Interest Distribution Amount	203,733.33					3.183333


Current Interest Carryover				0.00		0.000000

					Per $1000
					Aggregate
					Orig Note Bal
Aggregate Security Related Information:

Aggregate Principal Balance	1,395,534,356.18
Outstanding Amount of Notes	1,326,464,125.91

Excess	69,070,230.27


Overcollateralization Amount	90,709,733.15

Servicing Fee	1,505,726.00					0.970184

Beginning Spread Account Balance	8,000,000.00
Investment earnings on funds in spread account	20,806.01
Amount withdrawn from Spread Account	(8,020,806.01	)
Deposits	8,000,000.00
Excess Spread Amount	—

Ending Spread Account Balance	8,000,000.00


Net Collections	61,626,917.48

Aggregate Principal Balance of Delinquent Contracts	3,929,592.09

Aggregate Excess Spread Amount	—
Total Initial Spread Deposit Repayment	—

Certificate Distributable Amount (LTD)	—

WFS FINANCIAL 2005-1 OWNER TRUST
Statement to Securityholders
for Collection Period ended May 31, 2005
for Distribution Date of June 17, 2005
Class D-1


Original Principal Balance			52,000,000.00
					Per $1000
					Orig Prin
			Totals		Balance
Aggregate Balances:

Principal Amount of Notes as of Prior Distribution Date				52,000,000.00		1000.000000

Principal Amount of Notes as of Current Distribution Date				52,000,000.00		1000.000000

Pool Factor				1.000000

Principal Distribution Amount:

Principal Distribution Amount	0.00					0.000000

Interest Distributable Amount:

Note Monthly Interest Distributable Amount	177,233.33					3.408333
Plus: Prior Interest Carryover	0.00					0.000000

Total Interest Distributable Amount	177,233.33					3.408333

Interest Distribution Amount	177,233.33					3.408333


Current Interest Carryover				0.00		0.000000

					Per $1000
					Aggregate
					Orig Note Bal
Aggregate Security Related Information:

Aggregate Principal Balance	1,395,534,356.18
Outstanding Amount of Notes	1,326,464,125.91

Excess	69,070,230.27


Overcollateralization Amount	90,709,733.15

Servicing Fee	1,505,726.00					0.970184

Beginning Spread Account Balance	8,000,000.00
Investment earnings on funds in spread account	20,806.01
Amount withdrawn from Spread Account	(8,020,806.01	)
Deposits	8,000,000.00
Excess Spread Amount	—

Ending Spread Account Balance	8,000,000.00


Net Collections	61,626,917.48

Aggregate Principal Balance of Delinquent Contracts	3,929,592.09

Aggregate Excess Spread Amount	—
Total Initial Spread Deposit Repayment	—

Certificate Distributable Amount (LTD)	—

WFS FINANCIAL 2005-1 OWNER TRUST 8-K