EX-20.2 3 v04740exv20w2.txt EXHIBIT 20.2 [WFS FINANCIAL LOGO] EXHIBIT 20.2 WFS FINANCIAL 2004-4 OWNER TRUST Distribution Date Statement for Collection Period ended December 31, 2004 for Distribution Date of January 18, 2005

WFS FINANCIAL 2004-4 OWNER TRUST Distribution Date Statement for Collection Period ended December 31, 2004 for Distribution Date of January 18, 2005 PORTFOLIO DATA: # of loans Beginning Aggregate Principal Balance 83,858 1,354,006,016.73 Less: Principal Payments (21,317,862.48) Full Prepayments (1,403) (17,656,094.62) Partial Prepayments - - Liquidations (151) (2,183,209.47) -------------- (41,157,166.57) ---------------- Ending Aggregate Principal Balance 82,304 1,312,848,850.16 ================ Ending Outstanding Principal Balance of Notes 1,262,004,228.68 Overcollateralization Amount 50,844,621.48 Overcollateralization Level 3.87% OTHER RELATED INFORMATION: Spread Account: Beginning Balance 13,540,060.17 Investment earnings on funds in spread account 24,722.88 Less: Funds included in Total Available Funds (13,564,783.05) Deposits 13,128,488.50 Reductions - -------------- Ending Balance 13,128,488.50 Beginning Initial Deposit 14,000,000.00 Repayments - -------------- Ending Initial Deposit 14,000,000.00 Servicer Advances: Beginning Unreimbursed Advances 802,884.85 Net Advances 135,283.01 -------------- 938,167.86 Net Charge-Off Data: Charge-Offs 627,065.89 Recoveries (88,042.42) -------------- Net Charge-Offs 539,023.47 Delinquencies ( P&I): # of loans 30-59 Days 839 9,447,869.56 60-89 Days 142 1,660,605.16 90-119 Days 5 62,688.75 120 days and over - - Repossessions 29 248,004.00 Contracts Repurchased (pursuant to Sect. 3.02, 4.07, or 9.01 of the Sale and Servicing Agreement) - - Cumulative Charge-Off Percentage 0.04% WAC 11.1884% WAM 61.332

WFS FINANCIAL 2004-4 OWNER TRUST Distribution Date Statement for Collection Period ended December 31, 2004 for Distribution Date of January 18, 2005

WFS FINANCIAL 2004-4 OWNER TRUST Officer's Certificate for Collection Period ended December 31, 2004 for Distribution Date of January 18, 2005 Detailed Reporting See Schedule F WFS Financial Inc, as Master Servicer, certifies that all computations presented reflect accurate information as of December 31, 2004 and were performed in conformity with the Sale and Servicing Agreement dated October 01, 2004. ---------------------------------- Lori Bice Assistant Vice President Director Technical Accounting ---------------------------------- Susan Tyner Vice President Assistant Controller

WFS Financial 2004-4 Owner Trust 8-K