MESA, Ariz. - Dealers can purchase off-lease vehicles from Chase Manhattan Automotive Finance Corp. online under an agreement between the bank and AutoTradeCenter Inc.
The agreement allows dealers to acquire the vehicles before they are sent to an auction.
AutoTradeCenter is an online remarketing company.
The program begins in February with Subaru vehicles and dealers.
Dealers who acquire off-lease vehicles will log them in electronically on a Web site.
Those vehicles will be available to Subaru of America dealers only on the SubaruSOLD private site managed by AutoTradeCenter.
Chase expects to add other off-lease vehicle brands this year.