CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-A STATEMENT TO CERTIFICATEHOLDERS PERIOD 1 PAGE # 1 DETERMINATION: 10-Mar-98 Beginning 2/1/98 DISTRIBUTION: 16-Mar-98 Ending 2/28/98 TIME: 3/13/98 10:44 CLASS A-1 5.549% MONEY MARKET ASSET BACKED NOTES CLASS A-2 5.679% ASSET BACKED NOTES CLASS A-3 5.700% ASSET BACKED NOTES CLASS A-4 5.800% ASSET BACKED NOTES CLASS B-1 6.000% ASSET BACKED CERTIFICATES ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL INTEREST TOTAL END PRINCIPAL CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE A-1 Notes $238,000,000.00 $238,000,000.00 $38,056,887.07 $953,811.44 $39,010,698.51 $199,943,112.93 A-2 Notes $204,000,000.00 $204,000,000.00 $0.00 $868,887.00 $868,887.00 $204,000,000.00 A-3 Notes $294,000,000.00 $294,000,000.00 $0.00 $1,256,850.00 $1,256,850.00 $294,000,000.00 A-4 Notes $246,000,000.00 $246,000,000.00 $0.00 $1,070,100.00 $1,070,100.00 $246,000,000.00 NOTE TOTALS $982,000,000.00 $982,000,000.00 $38,056,887.07 $4,149,648.44 $42,206,535.51 $943,943,112.93 B-1 $30,620,164.79 $30,620,164.79 $0.00 $137,790.74 $137,790.74 $30,620,164.79 CERT TOTALS $30,620,164.79 $30,620,164.79 $0.00 $137,790.74 $137,790.74 $30,620,164.79 TOTALS $1,012,620,164.79 $1,012,620,164.79 $38,056,887.07 $4,287,439.18 $42,344,326.25 $974,563,277.72 FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE A-1 159.90288685 4.00761109 840.09711315 A-2 0.00000000 4.25925000 1,000.00000000 A-3 0.00000000 4.27500000 1,000.00000000 A-4 0.00000000 4.35000000 1,000.00000000 Notes Totals 38.75446748 4.22571124 961.24553252 B-1 0.00000000 4.49999995 1,000.00000000 Cert Totals 0.00000000 4.49999995 1,000.00000000 TOTALS 37.58258861 4.23400533 962.41741139 CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-A STATEMENT TO CERTIFICATEHOLDERS PERIOD 1 PAGE # 2 DETERMINATION: 10-Mar-98 Beginning 2/1/98 DISTRIBUTION: 16-Mar-98 Ending 2/28/98 TIME: 3/13/98 10:44 per $1000 Section 5.8 (iii) Servicing Fee $843,850.14 0.83333334 Section 5.8 (iv) Administration Fee $1,000.00 0.00098754 Section 5.8 (vi) Pool Balance at the end of the Collection Period $974,563,277.72 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 $0.00 Section 5.8 (ix) Reserve Account Balance after Disbursement $17,221,646.15 Section 5.8 (x) Specified Reserve Account Balance $29,236,898.33 Section 5.8 (xi) Total Distribution Amount $45,196,268.70 Servicing Fee $843,850.14 Administrative Fee $1,000.00 Noteholders' Distribution Amount $42,206,535.51 Certificateholders' Distribution Amount $137,790.74 Deposit to Reserve Account $2,007,092.31 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 $38,056,887.07 $953,811.44 $39,010,698.51 159.90288685 4.00761109 163.91049794 A-2 $0.00 $868,887.00 $868,887.00 0.00000000 4.25925000 4.25925000 A-3 $0.00 $1,256,850.00 $1,256,850.00 0.00000000 4.27500000 4.27500000 A-4 $0.00 $1,070,100.00 $1,070,100.00 0.00000000 4.35000000 4.35000000 Total $38,056,887.07 $4,149,648.44 $42,206,535.51 38.75446748 4.22571124 42.98017873 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 $137,790.74 $137,790.74 0.00000000 4.49999995 4.49999995 Total $0.00 $137,790.74 $137,790.74 0.00000000 4.49999995 4.49999995 Section 5.8 (xiv) Reserve Fund Transfer Amount $2,007,092.31 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK