Independent Accountants' Report - Attestation on Management's Assertion
About Compliance With the Servicing Requirements of the Deutsche Floorplan
Receivables Master Trust Pooling and Servicing Agreement and Series 1994-1
Supplement and Series 1996-1 Supplement

Deutsche Floorplan Receivables Master Trust
c/o The Chase Manhattan Bank, as Trustee:

Deutsche Financial Services Corporation, as Servicer:

We have examined the accompanying assertion made by management on Deutsche
Financial Services Corporation's (DFS) compliance, as servicer, with the
servicing requirements in Article III, Sections 3.1, 3.2, 3.4, 3.5, 3.6 and
3.9, and Article IV of the Pooling and Servicing Agreement for the Deutsche
Floorplan Receivables Master Trust dated as of December 1, 1993, amended and
restated as of March 1, 1994, amended as of January 24, 1996, and amended and
restated as of October 1, 1996 (the Agreement), and the applicable provisions
of the Series 1994-1 Supplement dated as of March 1, 1994 and Series 1996-1
Supplement dated as of October 1, 1996 (the Supplements), among Deutsche
Floorplan Receivables, L.P., as seller; DFS, as servicer; and The Chase
Manhattan Bank, as Trustee, for the year ended December 31, 1996.  Management
is responsible for DFS' compliance with the aforementioned sections of the
Agreement and the applicable provisions of the Supplements.
Our responsibility is to express an opinion on management's assertion about
DFS' compliance based upon our examination.

Our examination was made in accordance with standards established by the
American Institute of Certified Public Accountants and, accordingly, included
examining, on a test basis, evidence about DFS' compliance with the
aforementioned sections of the Agreement and the applicable provisions of the
Supplements, and performing such other procedures as we considered necessary
in the circumstances.  We believe our examination provides a reasonable basis
for our opinion.  Our examination does not provide a legal determination on
DFS' compliance with the specified sections of the Agreement and the applicable
provisions of the Supplements.

In our opinion, management's assertion that DFS was in compliance with the
aforementioned sections of the Agreement and the applicable provisions of
the Supplements for the year ended December 31, 1996 is fairly stated, in all
material respects.


/s/ KPMG Peat Marwick LLP
St. Louis, Missouri
March 27, 1997

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Management Report on Deutsche Financial Services Corporation Compliance,
as Servicer, with the Servicing Requirements of the Deutsche Floorplan
Receivables Master Trust Pooling and Servicing Agreement and 
Series 1994-1 Supplement and Series 1996-1 Supplement


Management of Deutsche Financial Services Corporation (DFS), as Servicer,
is responsible for compliance with the servicing requirements in Article
III, Sections 3.1, 3.2, 3.4, 3.5, 3.6 and 3.9, and Article IV of the Pooling
and Servicing Agreement for the Deutsche Floorplan Receivables Master Trust
dated as of December 1, 1993, amended and restated as of March 1, 1994,
amended as of January 24, 1996, and amended and restated as of October
1, 1996 (the Agreement), and the applicable provisions of the 1994-1 Supplement,
as of March 1, 1994 and Series 1996-1 Supplement dated as of October 1, 1996
(the Supplements), among Deutsche Floorplan Receivables, L.P., as Seller,
and DFS, as servicer, and The Chase Manhattan Bank, as trustee.

Management has performed an evaluation of DFS' compliance with the
aforementioned sections of the Agreement and the applicable provisions of the
Supplements for the year ended December 31, 1996.  Based upon this evaluation,
management believes that, for the year ended December 31, 1996, DFS, as
servicer, was materially in compliance with the aforementioned sections of
the Agreement and the applicable provisions of the Supplements.


/s/ Naran U. Burchinow
Naran U. Burchinow
Senior Vice President, General Counsel
March 27, 1997

/s/ George J. Solovic
George J. Solovic
Senior Vice President, Controller
March 27, 1997