DAIMLERCHRYSLER WHOLESALE RECEIVABLES LLC
S-3/A, EX-24.2, 2000-08-23
PERSONAL CREDIT INSTITUTIONS
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                                                           Exhibit 24.2


                               POWER OF ATTORNEY

         KNOW ALL MEN BY THESE PRESENTS, that the undersigned director of
Chrysler Financial Receivables Corporation, a Member of DaimlerChrysler
Wholesale Receivables L.L.C., hereby severally constitutes and appoints
CHRISTOPHER A. TARAVELLA, BYRON C. BABBISH and SILVIA M. KLEER, or any one or
more of them, to be his agents, proxies and attorneys-in-fact, to sign and
execute in his name, place and stead and on his behalf as a director of
Chrysler Financial Receivables Corporation and as a Member of DaimlerChrysler
Wholesale Receivables L.L.C., and to file with the Securities and Exchange
Commission, the Registration Statement of CARCO Auto Loan Master Trust on Form
S-3, registering under the Securities Act of 1933, as amended, auto loan asset
backed securities and any and all further amendments (including any pre- and
post-effective amendments) to such Registration Statement, and to file all
exhibits thereto and other documents in connection therewith, granting unto
said attorneys-in-fact and agents and each of them, full power and authority
to do and perform each and every act and thing required to be done that may be
necessary or desirable, hereby approving, ratifying and confirming all that
the aforesaid agents, proxies and attorneys-in-fact do, or that any one of
them does or causes to be done, on his behalf pursuant to this Power of
Attorney.



<PAGE>

         IN WITNESS WHEREOF, the undersigned have hereunto set their hand as
of this 21st day of August, 2000.





                                         /s/D. H. Olsen
                                    -----------------------------
                                            D. H. Olsen




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