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



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