Exhibit 99.1

March 25, 2004



                   Management Report on Internal Control Over
                Processing and Reporting Relating to Securitized
                        Automobile Financing Receivables
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Management of the Chase Manhattan Bank USA, N.A. (the "Bank"), as servicer of
Chase Manhattan Auto Owner Trusts, is responsible for establishing and
maintaining effective internal control over processing and reporting relating to
securitized automobile financing receivables, which is designed to provide
reasonable assurance regarding the proper processing and reporting relating to
securitized automobile financing receivables. The Bank's internal control
contains self-monitoring mechanisms, and actions are taken to correct
deficiencies as they are identified.

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

Management of the Chase Manhattan Bank USA, N.A., as servicer of Chase Manhattan
Auto Owner Trusts, assessed its internal control over processing and reporting
relating to securitized automobile financing receivables for the 12 months ended
December 31, 2003 in relation to the criteria for effective internal control
established in "Internal Control - Integrated Framework" issued by the Committee
of Sponsoring Organizations of the Treadway Commission. Based on this
assessment, management believes that, the Chase Manhattan Bank USA, N.A., as
servicer of Chase Manhattan Auto Owner Trusts, maintained effective internal
control over processing and reporting relating to securitized automobile
financing receivables for the 12 months ended December 31, 2003, based on the
criteria for effective internal control established in "Internal Control -
Integrated Framework" issued by the Committee of Sponsoring Organizations of the
Treadway Commission.



/s/ William V. Dobbins
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William V. Dobbins, President
Chase Manhattan Bank USA, N.A.





/s/ Keith Schuck
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Keith Schuck, SVP/CFO
Chase Manhattan Bank USA, N.A.