CHASE MANHATTAN AUTO OWNER TRUST SERIES 1997-A STATEMENT TO CERTIFICATEHOLDERS PERIOD 12 PAGE # 1 DETERMINATION: 10-Mar-98 Beginning 2/1/98 DISTRIBUTION: 16-Mar-98 Ending 2/28/98 TIME: 3/13/98 9:58 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 $259,379,777.64 $28,254,620.32 $1,286,091.40 $29,540,711.72 $231,125,157.32 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 $779,879,777.64 $28,254,620.32 $4,035,466.40 $32,290,086.72 $751,625,157.32 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 $815,033,495.77 $28,254,620.32 $4,230,276.59 $32,484,896.91 $786,778,875.45 FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE A-1 0.00000000 0.00000000 0.00000000 A-2 77.40991868 3.52353808 633.21960910 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 24.88297694 3.55391140 661.93320768 B-1 0.00000000 5.54166672 1,000.00000000 Cert Totals 0.00000000 5.54166672 1,000.00000000 TOTALS 24.13576268 3.61360198 672.08506091 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 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK CHASE MANHATTAN AUTO OWNER TRUST SERIES 1997-A STATEMENT TO CERTIFICATEHOLDERS PERIOD 12 PAGE # 2 DETERMINATION: 10-Mar-98 Beginning 2/1/98 DISTRIBUTION: 16-Mar-98 Ending 2/28/98 TIME: 3/13/98 9:58 per $1000 Section 5.8 (iii) Servicing Fee $679,194.58 0.58018402 Section 5.8 (iv) Administration Fee $1,000.00 0.00085422 Section 5.8 (vi) Pool Balance at the end of the Collection Period $786,778,875.45 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 $552,206.34 Section 5.8 (ix) Reserve Account Balance after Disbursement $23,603,366.26 Section 5.8 (x) Specified Reserve Account Balance $23,603,366.26 Section 5.8 (xi) Total Distribution Amount $33,608,072.40 Servicing Fee $679,194.58 Administrative Fee $1,000.00 Noteholders' Distribution Amount $32,290,086.72 Certificateholders' Distribution Amount $194,810.19 Deposit to Reserve Account $442,980.91 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 $28,254,620.32 $1,286,091.40 $29,540,711.72 77.40991868 3.52353808 80.93345677 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 $28,254,620.32 $4,035,466.40 $32,290,086.72 24.88297694 3.55391140 28.43688835 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 $442,980.91 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK