March 26, 2003

Securities and Exchange Commission
450 Fifth Street, N.W.
Judiciary Plaza
Washington, D.C. 20549

Re:  2002 Annual Report on Form 10-K
     Distribution Financial Services RV/Marine Trust 2001-1
     Registration No. 333-56303-04

On behalf of Distribution Financial Services RV/Marine Trust 2001-1
("Registrant"), which Trust was originated by Deutsche Recreational Asset
Funding Corporation, a Nevada corporation, I am transmitting herewith for
filing, pursuant to for the fiscal year ended December 31, 2001.

Please send either confirmation or suspense notification to e-mail address
mary.nguyen@etrade.com at your earliest convenience.

Sincerely,

/s/ Richard C. Goldman

<PAGE>

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

Commission File Number:  333-56303-04

FORM 10-K

(Mark One)

[X]     ANNUAL REPORT PURSUANT TO SECTION 13 OF THE SECURITIES EXCHANGE
        ACT OF 1934

For the Fiscal Year Ended December 31, 2002

OR

[  ]    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
        EXCHANGE ACT OF 1934

DISTRIBUTION FINANCIAL SERVICES RV/MARINE TRUST 2001-1

State of Organization - New York

I.R.S. Employer Identification Number: 91-1904587

Principal Executive Offices

c\o Wells Fargo Bank Minnesota, N.A.
Sixth and Marquette-N311-161MAC
Minneapolis, Minnesota 55479
Telephone Number:  (612) 316-1816


Securities registered pursuant to Section 12(b) of the Act:  None

Securities registered pursuant to Section 12(g) of the Act:  None

Indicate by a check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act
1934 during the preceding 12 months, and (2) has been subject to such filing
requirements for the past 90 days.  Yes  X    No ___.

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of Registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to
this Form 10-K.  [X].

As of March 15, 2003 the Registrant was a Trust originated by Deutsche
Recreational Asset Funding Corporation, a Nevada corporation.

TABLE OF CONTENTS


PART        ITEM
  I          1.          Business
             2.   **
             3.   *      Legal Proceedings
             4.   *      Submission of Matters to a Vote of
                         Security Holders

  II         5.   *      Market for Registrant's Common Equity
                         and Related Stockholder Matters
             6.   **
             7.   **
             7A. **
             8.    **
             9.    **

  III        10.  **
             11.  **
             12.  **
             13.  **

  IV         14.  *      Exhibits, Financial Statements, Schedules
                         and Reports on Form 8-K

                         Signatures
                         Exhibit Index

* Item prepared in compliance with Exemption Request Letters of April 25, 1994
and June 30, 1994 as provided in the July 1, 1994 response letter from the
Office of Chief Counsel, Division of Corporate Finance, United States
Securities and Exchange Commission, addressed to Registrant as ITT Floorplan
Receivables, L.P., which name was changed to Deutsche Floorplan Receivables,
L.P.

** Omitted pursuant to Exemption Request Letters noted in previous [*]
footnotes.

PART I
Item 1.  Business.

The Registrant is a common law trust created under the laws of the State of
New York created by Deutsche Recreational Asset Funding Corporation, a Nevada
corporation.  The Registrant was formed for limited purposes, which include
the purchasing of receivables, including recreational vehicle and marine
installment sales contracts or installment loans originated by Deutsche
Financial Services Corporation ("DFS"), a Nevada corporation or acquired by
DFS from time to time in financing arrangements among DFS and or/its
affiliates with certain dealers to finance recreational vehicle sales,
including Deutsche Recreational Asset Funding Corporation, a Nevada
corporation ("DRAFC") and any activities incidental to and necessary or
convenient for the accomplishment of such purposes.

In accordance with its stated business purposes, the Registrant,
Distribution Financial Services RV/Marine Trust 2001-1, ("RV/Marine  Trust
2001-1"), as Issuer entered into a Transfer and Servicing Agreement, dated
as of November 1, 2001, with DRAFC as Depositor and DFS, as Servicer.  To
facilitate the issuance of notes, DRAFC as Depositor and Wells Fargo Bank
Minnesota, National Association, as Owner Trustee entered into a Trust
Agreement, amended and restated as of November 1, 2001.  In addition, as of
November 1, 2001, the RV/Marine Trust 2001-1, as Issuer entered into an
Indenture with HSBC Bank USA, as Indenture Trustee.  The RV/Marine Trust
2001-1 assets consist primarily of receivables which include recreational
vehicle and marine installment sales contracts or installment loans
originated by DFS or acquired by DFS from time to time in financing
arrangements among DFS and/or its affiliates with certain dealers to
finance recreational vehicle and marine sales.  The RV/Marine Trust 2001-1,
has issued various classes of notes secured by the assets contained in the
RV/Marine Trust 2001-1

Item 3.  Legal Proceedings.*

         None

Item 4.  Submission of Matters to a Vote of Security Holders.*

         None

PART II

Item 5.  Market for Registrant's Common Equity and Related Stockholder
Matters.*

As of December 31, 2002 the RV/Marine Trust 2001-1 had $ 362,453,612.17 of
such Notes outstanding bearing the following identifications:

Class A-1 Notes........................... $   8,753,612.17
Class A-2 Notes............................   54,000,000.00
Class A-3 Notes..........................     90,000,000.00
Class A-4 Notes..........................     95.000,000.00
Class A-5 Notes..........................     72,350,000.00
Class  B   Notes..........................    19,830,000.00
Class  C   Notes..........................     9,270,000.00
Class  D   Notes..........................    13,250,000.00

Total RV/Marine Trust 2001-1 Notes Outstanding   $ 362,453,612.17


PART IV

Item 14.
Exhibits, Financial Statement Schedules, and Reports on Form 8-K.*

(a) Financial Statements.

The Registrant includes as exhibits hereto the Annual Accountant's Report on
compliance with the minimum servicing standards identified in the Mortgage
Bankers Association of America's Uniform Single Attestation Program for
Mortgage Brokers with respect to the Notes issued and outstanding by
Distribution Financial Services RV/Marine Trust 2001-1.

(b) Reports on Form 8-K.

The Servicer on behalf of the Registrant has filed reports on Form 8-K for the
month of December 2001 reporting Item 5.  Other Events and including therewith
as an exhibit, the Collection Period Statement Information with respect to the
Distribution Financial Services RV/Marine Trust 2001-1 Notes.

In addition, under Item 5.  Other Events, the Servicer reported in Form 8-K,
certain specified information made available on a monthly basis to Noteholders
of the Distribution Financial Services RV/Marine Trust 2001-1 Notes.


SIGNATURES

Pursuant to the requirements of Section 13 of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.


DISTRIBUTION FINANCIAL SERVICES RV/MARINE TRUST 2001-1


By:  Wells Fargo Minnesota, National Association.
     Not in its individual capacity but solely as Owner Trustee

By:     /s/ Melissa Philibert
Title:  Corporate Trust Officer
Date:   March 26, 2003

EXHIBIT INDEX

Exhibit No.  Title
 2           Plan of acquisition, reorganization,
             arrangement, liquidation or succession            Not Applicable

 3           Articles of Incorporation                         Exhibit 3.1
             By Laws                                           Exhibit 3.2

 4           Instruments defining the rights of security
             holders, including indentures                     Exhibit 4.1
 9           Voting trust agreements                           Not Applicable

10           Material Contracts                                None

11           Statement re computation of
             per share earnings                                Not Applicable

12           Statement re computation of ratios                Not Applicable

13           Annual report of security holders,
             Form 10-Q or quarterly reports
             to security holders                               None

16           Letter re change in certifying accountant         None

18           Letter re changes in accounting
             principles                                        None

21           Subsidiaries of Registrant                        Not Applicable

22           Published report regarding matters
             submitted to vote of security holders             None

23           Consents of experts and counsel                   Not Applicable

24           Power of attorney                                 Not Applicable

99           Additional Exhibits
            (i)  Accountants' Annual Report, and               Filed herewith
            (ii)  Management's Report on Compliance            as EX-1
EX-1

Independent Accountants'Report

To Ganis Credit Corporation:

We have examined management's assertion, included in the accompanying
Management Report on Compliance as Servicer, that Ganis Credit Corporation
complied with the minimum servicing standards set forth in the Mortgage
Bankers Association of America's Uniform Single Attestation Program for
Mortgage Bankers, as of and for the year ended December 31, 2002.  Management
is responsible for Ganis Credit Corporation's compliance with those minimum
servicing standards.  Our responsibility is to express an opinion on
management's assertion about the entity's compliance based on our examination.

Our examination was made in accordance with attestation standards established
by the American Institute of Certified Public Accountants and, accordingly,
included examining, on a test basis, evidence about Ganis Credit Corporation's
compliance with the minimum servicing standards specified above and performing
such other procedures as we considered necessary in the circumstances.  We
believe that our examination provides a reasonable basis for our opinion.  Our
examination does not provide a legal determination on Ganis Credit
Corporation's compliance with the minimum servicing standards.

In our opinion, management's assertion that Ganis Credit Corporation complied
with the aforementioned minimum servicing standards as of and for the year
ended December 31, 2002 is fairly stated, in all material respects.

/s/ KPMG LLP
March 7, 2003


Management Report on Compliance as Servicer

As of and for the year ended December 31, 2002, Ganis Credit Corporation has
complied in all material respects with the minimum servicing standards set for
in the Mortgage Bankers Association of America's Uniform Single Attestation
Program for Mortgage Bankers relating to RV Trust 1999-1, Marine Trust 1999-2,
RV Trust 1999-3, and RV/Marine Trust 2001-1, to the extend such standards are
applicable to the servicing obligations as set for in the pooling and
servicing agreement.  For the period ended December 23, 2002, Ganis Credit
Corporation had in effect a fidelity bond and errors and omissions policy in
the amount of $100 million.  For the period December 24, 2002 through December
31, 2002, Ganis Credit Corporation had in effect a fidelity bond and errors
and omissions policy in the amount of $50 million.

Sincerely,
Ganis Credit Corporation

/s/ Edward J. Arienti                             /s/ Donald A. Haisch
President                                        Vice President, Finance
March 7, 2003                                    March 7, 2003


/s/ Greg G. Gabriel
Senior Vice President, Credit
March 7, 2003