Exhibit 28.1

                        [The Chase Manhattan Letterhead]


                                                              March 15, 2000


Management Report on Internal Control Over Servicing of Securitized Automobile
Financing Receivables

Management of The Chase Manhattan Bank is responsible for establishing and
maintaining an effective system of internal control over servicing of
securitized automobile financing receivables, which is designed to provide
reasonable assurance regarding the proper servicing of securitized automobile
financing receivables. The system contains self-monitoring mechanisms, and
actions are taken to correct deficiencies as they are identified.

There are inherent limitations in the effectiveness of any system of internal
control, including the possibility of human error and the circumvention or
overriding of controls. Accordingly, even an effective internal control system
can provide only reasonable assurance with respect to servicing of securitized
automobile financing receivables. Further, because of changes in conditions, the
effectiveness of an internal control system may vary over time.

Management of The Chase Manhattan Bank assessed its system of internal control
over servicing of securitized automobile financing receivables as of December
31, 1999 in relation to criteria for effective internal control described in
"Internal Control - Integrated Framework" issued by the Committee of Sponsoring
Organizations of the Treadway Commission. Based on this assessment, management
believes that, as of December 31, 1999, the Chase Manhattan Bank maintained an
effective system of internal control over servicing of securitized automobile
financing receivables.



                                                /s/ Jerry DeRojas
                                                -----------------
                                                Jerry DeRojas
                                                Senior Vice President
                                                The Chase Manhattan Bank