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

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

        PERIOD  7                                       PAGE    # 1
        DETERMINATION:  10-Oct-97                       Beginning       9/1/97
        DISTRIBUTION:   15-Oct-97                       Ending          9/30/97
        TIME:   10/14/97 23:04

                        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     $43,505,290.59     $31,520,842.87     $201,030.70   $31,721,873.57   $11,984,447.72

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    $929,005,290.59     $31,520,842.87   $4,760,197.37   $36,281,040.24  $897,484,447.72

B-1              $35,153,718.13     $35,153,718.13              $0.00     $194,810.19      $194,810.19   $35,153,718.13
CERT 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    $964,159,008.72     $31,520,842.87   $4,955,007.56   $36,475,850.43  $932,638,165.85



                          FACTOR INFORMATION PER $1,000

        PRINCIPAL       INTEREST        END PRINCIPAL
CLASS   DISTRIBUTION    DISTRIBUTION    BALANCE
                             

A-1     126.08337148    0.80412280         47.93779088

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
Totals   27.75943890    4.19215973        790.38700812

B-1       0.00000000    5.54166672      1,000.00000000
Totals    0.00000000    5.54166672      1,000.00000000
TOTALS   26.92584697    4.23268425        796.68150488



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

                                           KIM COSTA
                         THE CHASE MANHATTAN BANK - ASPG
                        450 WEST 33RD STREET, 15TH FLOOR
                            NEW YORK, NEW YORK 10001
                                 (212) 946-3247




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

        PERIOD  7                               PAGE        # 2
DETERMINATION:  10-Oct-97                       Beginning       9/1/97
DISTRIBUTION:   15-Oct-97                       Ending          9/30/97
TIME:   10/14/97 23:04

                                                                    per $1000
Section 5.8 (iii)   Servicing Fee               $803,465.84        0.68633946

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

Section 5.8 (vi)    Pool Balance at the end of the 
                      Collection Period                         $932,638,165.85

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           $451,945.08

Section 5.8 (ix)    Reserve Account Balance after Disbursement   $27,979,144.98

Section 5.8 (x)     Specified Reserve Account Balance            $27,979,144.98

Section 5.8 (xi)    Total Distribution Amount                    $38,775,848.28

                    Servicing Fee                                   $803,465.84
                    Administrative Fee                                $1,000.00
                    Noteholders' Distribution Amount             $36,281,040.24
                    Certificateholders' Distribution Amount         $194,810.19
                    Deposit to Reserve Account                    $1,495,532.01

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     $31,520,842.87    $201,030.70   $31,721,873.57      126.08337148             0.80412280              126.88749428
        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   $31,520,842.87  $4,760,197.37   $36,281,040.24       27.75943890             4.19215973               31.95159863

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            $1,495,532.01



(C) COPYRIGHT 1997, CHASE MANHATTAN BANK