Exhibit 20.2
                                                               ------------

                        CHASE MANHATTAN AUTO OWNER TRUST
                                 SERIES 1997-A
                        STATEMENT TO CERTIFICATEHOLDERS

        PERIOD                                2       PAGE                 # 1

        DETERMINATION:                 9-May-97       Beginning         4/1/97
        DISTRIBUTION:                 15-May-97       Ending           4/30/97

                        CLASS  A-1  5.545%  MONEY  MARKET ASSET BACKED NOTES  
                        CLASS  A-2  5.95%   ASSET  BACKED NOTES 
                        CLASS  A-3  6.25%   ASSET  BACKED NOTES
                        CLASS  A-4  6.40%   ASSET  BACKED NOTES
                        CLASS  A-5  6.50%   ASSET  BACKED NOTES  
                        CLASS  B-1  6.65%   ASSET  BACKED CERTIFICATES


              ORIG PRINCIPAL        BEG PRINCIPAL    PRINCIPAL         INTEREST          TOTAL              END PRINCIPAL
CLASS         BALANCE               BALANCE          DISTRIBUTION      DISTRIBUTION      DISTRIBUTION       BALANCE
                                                                                                       

A-1 Notes    $250,000,000.00     $205,854,050.07     $36,116,221.59       $951,217.26     $37,067,438.85    $169,737,828.48

A-2 Notes    $365,000,000.00     $365,000,000.00              $0.00     $1,809,791.67      $1,809,791.67    $365,000,000.00

A-3 Notes    $270,000,000.00     $270,000,000.00              $0.00     $1,406,250.00      $1,406,250.00    $270,000,000.00

A-4 Notes    $165,000,000.00     $165,000,000.00              $0.00       $880,000.00        $880,000.00    $165,000,000.00

A-5 Notes     $85,500,000.00      $85,500,000.00              $0.00       $463,125.00        $463,125.00     $85,500,000.00

NOTE
TOTALS     $1,135,500,000.00   $1,091,354,050.07     $36,116,221.59     $5,510,383.93     $41,626,605.52  $1,055,237,828.48

B-1           $35,153,718.13      $35,153,718.13              $0.00       $194,810.19        $194,810.19     $35,153,718.13

CERTIFICATE
TOTALS        $35,153,718.13      $35,153,718.13              $0.00       $194,810.19        $194,810.19     $35,153,718.13

TOTALS     $1,170,653,718.13   $1,126,507,768.20     $36,116,221.59     $5,705,194.12     $41,821,415.71  $1,090,391,546.61


                            FACTOR   INFORMATION   PER   $1,000

                 PRINCIPAL           INTEREST             END PRINCIPAL
CLASS            DISTRIBUTION        DISTRIBUTION         BALANCE
                                            
 A-1              144.46488636       3.80486904           678.95131392

 A-2                0.00000000       4.95833334         1,000.00000000

 A-3                0.00000000       5.20833333         1,000.00000000

 A-4                0.00000000       5.33333333         1,000.00000000

 A-5                0.00000000       5.41666667         1,000.00000000

Notes Totals       31.80644790       4.85282601           929.31556889

B-1                 0.00000000       5.54166672         1,000.00000000

Certficate Totals   0.00000000       5.54166672         1,000.00000000

TOTALS             30.85132779       4.87351130           931.43816119


IF THERE ARE ANY QUESTIONS OR COMMENTS, 
PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW

          KIM COSTA
          THE CHASE MANHATTAN BANK - ASPG
          450 WEST 33RD STREET, 10TH FLOOR
          NEW YORK, NEW YORK 10001
          (212) 946-3247

@ CHASE MANHATTAN BANKING CORPORATION


                                 SERIES 1997-A
                        STATEMENT TO CERTIFICATEHOLDERS


                PERIOD 2                    PAGE              # 2

DETERMINATION:          9-May-97            Beginning      4/1/97
DISTRIBUTION:          15-May-97            Ending        4/30/97


                                                                     per $1000
                                                                     ---------

Section 5.8 (iii)   Servicing Fee                     $938,756.47   .8019079075

Section 5.8 (iv)    Administration Fee                  $1,000.00   .0008542236

Section 5.8 (vi)    Pool Balance at the end of  
                    the Collection Period       $1,090,391,546.61

Section 5.8 (vii)   Repurchase Amounts for 
                    Repurchased Receivables
                            By Seller                       $0.00
                            By Servicer                      0.00
                            TOTAL                            0.00

Section 5.8 (viii) Realized Losses for Collection
                   Period                              $11,605.68


Section 5.8 (ix)   Reserve Account Balance 
                   after Disbursement              $22,706,336.02


Section 5.8 (x)    Specified Reserve Account 
                   Balance                         $32,711,746.40


Section 5.8 (xi)   Total Distribution Amount       $44,579,447.10

                       Servicing Fee                  $938,756.47

                       Administrative Fee               $1,000.00

                       Noteholders' Distribution
                       Amount                      $41,626,605.52

                       Certifcateholders'
                       Distribution Amount            $194,810.19

                       Deposit to Reserve
                       Account                      $1,818,274.92



Section 5.8 (xii)  Noteholders' Distributable Amount

   Class         Principal          Interest        Total        Prin (per $1000/orig)  Int (per $1000/orig)  Total (per $1000/orig)
                                                                                                       

   A-1        $36,116,221.59      $951,217.26    $37,067,438.85         144.46488636      3.80486904            148.26975540
   A-2                 $0.00    $1,809,791.67     $1,809,791.67            .00000000      4.95833334              4.95833334
   A-3                 $0.00    $1,406,250.00     $1,406,250.00            .00000000      5.20833333              5.20833333
   A-4                 $0.00      $880,000.00       $880,000.00            .00000000      5.33333333              5.33333333
   A-5                 $0.00      $463,125.00       $463,125.00            .00000000      5.41666667              5.41666667

   Total      $36,116,221.59    $5,510,383.93    $41,626,605.52          31.80644790      4.85282601             36.65927391


Section 5.8 (xiii) Certificateholders' Distributable Amount

          Class    Principal    Interest         Total       Prin (per $1000/orig)   Int (per $1000/orig)   Total (per $1000/orig)
                                                                                        
         
          B-1        $0.00     $194,810.19     $194,810.19          0.00000000           5.54166672               5.54166672      
          Total      $0.00     $194,810.19     $194,810.19          0.00000000           5.54166672               5.54166672


Section 5.8 (xiv)   Fund Transfer Amount           $1,818,274.92