CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-A STATEMENT TO CERTIFICATEHOLDERS PERIOD 2 PAGE # 1 DETERMINATION: 10-Apr-98 Beginning 3/1/98 DISTRIBUTION: 15-Apr-98 Ending 3/31/98 TIME: 4/13/98 15:00 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 $199,943,112.93 $36,455,738.13 $924,570.28 $37,380,308.41 $163,487,374.80 A-2 Notes $204,000,000.00 $204,000,000.00 $0.00 $965,430.00 $965,430.00 $204,000,000.00 A-3 Notes $294,000,000.00 $294,000,000.00 $0.00 $1,396,500.00 $1,396,500.00 $294,000,000.00 A-4 Notes $246,000,000.00 $246,000,000.00 $0.00 $1,189,000.00 $1,189,000.00 $246,000,000.00 NOTE TOTALS $982,000,000.00 $943,943,112.93 $36,455,738.13 $4,475,500.28 $40,931,238.41 $907,487,374.80 B-1 $30,620,164.79 $30,620,164.79 $0.00 $153,100.82 $153,100.82 $30,620,164.79 CERT TOTALS $30,620,164.79 $30,620,164.79 $0.00 $153,100.82 $153,100.82 $30,620,164.79 TOTALS $1,012,620,164.79 $974,563,277.72 $36,455,738.13 $4,628,601.10 $41,084,339.23 $938,107,539.59 FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE A-1 153.17537029 3.88474908 686.92174286 A-2 0.00000000 4.73250000 1,000.00000000 A-3 0.00000000 4.75000000 1,000.00000000 A-4 0.00000000 4.83333333 1,000.00000000 Notes Totals 37.12396958 4.55753593 924.12156293 B-1 0.00000000 4.99999987 1,000.00000000 Cert Totals 0.00000000 4.99999987 1,000.00000000 TOTALS 36.00139460 4.57091539 926.41601679 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK CHASE MANHATTAN AUTO OWNER TRUST STATEMENT TO CERTIFICATEHOLDERS PERIOD 2 PAGE # 2 DETERMINATION: 10-Apr-98 Beginning 3/1/98 DISTRIBUTION: 15-Apr-98 Ending 3/31/98 TIME: 4/13/98 15:00 per $1000 Section 5.8 (iii) Servicing Fee $812,136.06 0.80201450 Section 5.8 (iv) Administration Fee $1,000.00 0.00098754 Section 5.8 (vi) Pool Balance at the end of the Collection Period $938,107,539.59 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable By Seller $0.00 By Servicer $39,866.31 TOTAL $39,866.31 Section 5.8 (viii) Realized Net Losses for Collection Period $16,836.60 Section 5.8 (ix) Reserve Account Balance after Disbursement $19,642,944.58 Section 5.8 (x) Specified Reserve Account Balance $28,143,226.19 Section 5.8 (xi) Total Distribution Amount $44,242,895.39 Servicing Fee $812,136.06 Administrative Fee $1,000.00 Noteholders' Distribution Amount $40,931,238.41 Certificateholders' Distribution Amount $153,100.82 Deposit to Reserve Account $2,345,420.10 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 $36,455,738.13 $924,570.28 $37,380,308.41 153.17537029 3.88474908 157.06011937 A-2 $0.00 $965,430.00 $965,430.00 0.00000000 4.73250000 4.73250000 A-3 $0.00 $1,396,500.00 $1,396,500.00 0.00000000 4.75000000 4.75000000 A-4 $0.00 $1,189,000.00 $1,189,000.00 0.00000000 4.83333333 4.83333333 Total $36,455,738.13 $4,475,500.28 $40,931,238.41 37.12396958 4.55753593 41.68150551 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 $153,100.82 $153,100.82 0.00000000 4.99999987 4.99999987 Total $0.00 $153,100.82 $153,100.82 0.00000000 4.99999987 4.99999987 Section 5.8 (xiv) Reserve Fund Transfer Amount $2,345,420.10 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK