Exhibit 20.1
                                                               ------------

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

        PERIOD  4                                       PAGE    # 1
        DETERMINATION:  10-Jul-97                       Beginning       6/1/97
        DISTRIBUTION:   15-Jul-97                       Ending         6/30/97
        TIME:   7/18/97 13:50

                        CLASS A-1 5.545%  MONEY  MARKET ASSET BACKED NOTES 
                        ClASS A-2 5.950%  ASSET  BACKED  NOTES  
                        CLASS A-3 6.250%  ASSET  BACKED  NOTES 
                        CLASS A-4 6.400%  ASSET  BACKED  NOTES 
                        CLASS A-5 6.500%  ASSET  BACKED  NOTES  
                        CLASS B-1 6.650%  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         $137,941,828.40         $32,186,701.21     $616,159.33  $32,802,860.54    $105,755,127.19

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       $1,023,441,828.40         $32,186,701.21   $5,175,326.00  $37,362,027.21    $991,255,127.19

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

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

TOTALS       $1,170,653,718.13       $1,058,595,546.53         $32,186,701.21   $5,370,136.19  $37,556,837.40  $1,026,408,845.32



                            FACTOR   INFORMATION   PER   $1,000


                 PRINCIPAL       INTEREST        END PRINCIPAL
CLASS            DISTRIBUTION    DISTRIBUTION    BALANCE
                                        
 
 A-1             128.74680484    2.46463732        423.02050876

 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      28.34583990    4.55775077        872.96796758

 B-1               0.00000000    5.54166672      1,000.00000000

Certificate Total  0.00000000    5.54166672      1,000.00000000

TOTALS            27.49463886    4.58729692        876.78262959



                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 AUTO OWNER TRUST
SERIES 1997-A
STATEMENT TO CERTIFICATEHOLDERS

        PERIOD  4                               PAGE        # 2
DETERMINATION:  10-Jul-97                       Beginning       6/1/97
DISTRIBUTION:   15-Jul-97                       Ending         6/30/97
TIME:   7/18/97 13:50

                                                                  per $1000
                                                                  ---------
Section 5.8 (iii)   Servicing Fee                $882,162.96     0.75356439


Section 5.8 (iv)    Administration Fee             $1,000.00     0.00085422


Section 5.8 (vi)    Pool Balance at the end of
                      the Collection Period               $1,026,408,845.32


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

Section 5.8 (viii)  Realized Losses for Collection Period        $98,372.36


Section 5.8 (ix)    Reserve Account Balance after 
                      Disbursement                           $26,742,572.87

Section 5.8 (x)     Specified Reserve Account Balance        $30,792,265.36

Section 5.8 (xi)    Total Distribution Amount                $40,477,008.34

                    Servicing Fee                               $882,162.96
                    Administrative Fee                            $1,000.00
                    Noteholders' Distribution Amount         $37,362,027.21
                    Certificateholders' Distribution Amount     $194,810.19
                    Deposit to Reserve Account                $2,037,007.98

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     $32,186,701.21    $616,159.33   $32,802,860.54  128.74680484            2.46463732             131.21144216 
        A-2              $0.00  $1,809,791.67    $1,809,791.67    0.00000000            4.95833334               4.95833334
        A-3              $0.00  $1,406,250.00    $1,406,250.00    0.00000000            5.20833333               5.20833333
        A-4              $0.00    $880,000.00      $880,000.00    0.00000000            5.33333333               5.33333333
        A-5              $0.00    $463,125.00      $463,125.00    0.00000000            5.41666667               5.41666667
        Total   $32,186,701.21  $5,175,326.00   $37,362,027.21   28.34583990            4.55775077              32.90359067

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)       Reserve Fund Transfer Amount           $2,037,007.98



(C) COPYRIGHT 1997, CHASE MANHATTAN BANK