CHASE MANHATTAN AUTO OWNER TRUST SERIES 1997-A STATEMENT TO CERTIFICATEHOLDERS PERIOD 10 PAGE # 1 DETERMINATION: 9-Jan-98 Beginning 12/1/97 DISTRIBUTION: 15-Jan-98 Ending 12/31/97 TIME: 1/13/98 14:46 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 $0.00 $0.00 $0.00 $0.00 $0.00 A-2 Notes $365,000,000.00 $318,454,310.38 $30,677,543.27 $1,579,002.62 $32,256,545.89 $287,776,767.11 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 $838,954,310.38 $30,677,543.27 $4,328,377.62 $35,005,920.89 $808,276,767.11 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 $874,108,028.51 $30,677,543.27 $4,523,187.81 $35,200,731.08 $843,430,485.24 FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE A-1 0.00000000 0.00000000 0.00000000 A-2 84.04806375 4.32603458 788.42949893 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 27.01677082 3.81186933 711.82454171 B-1 0.00000000 5.54166672 1,000.00000000 C Totals 0.00000000 5.54166672 1,000.00000000 TOTALS 26.20548057 3.86381365 720.47820135 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 10 PAGE # 2 DETERMINATION: 9-Jan-98 Beginning 12/1/97 DISTRIBUTION: 15-Jan-98 Ending 12/31/97 TIME: 1/13/98 14:46 per $1000 Section 5.8 (iii) Servicing Fee $728,423.36 0.62223640 Section 5.8 (iv) Administration Fee $1,000.00 0.00085422 Section 5.8 (vi) Pool Balance at the end of the Collection Period $843,430,485.24 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 $656,479.53 Section 5.8 (ix) Reserve Account Balance after Disbursement $25,302,914.56 Section 5.8 (x) Specified Reserve Account Balance $25,302,914.56 Section 5.8 (xi) Total Distribution Amount $36,967,357.96 Servicing Fee $728,423.36 Administrative Fee $1,000.00 Noteholders' Distribution Amount $35,005,920.89 Certificateholders' Distribution Amount $194,810.19 Deposit to Reserve Account $1,037,203.52 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 $0.00 $0.00 $0.00 0.00000000 0.00000000 0.00000000 A-2 $30,677,543.27 $1,579,002.62 $32,256,545.89 84.04806375 4.32603458 88.37409833 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 $30,677,543.27 $4,328,377.62 $35,005,920.89 27.01677082 3.81186933 30.82864015 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 $1,037,203.52 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK