CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-A STATEMENT TO CERTIFICATEHOLDERS PERIOD 3 PAGE # 1 DETERMINATION: 8-May-98 Beginning 4/1/98 DISTRIBUTION: 15-May-98 Ending 4/30/98 TIME: 5/13/98 15:04 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 $163,487,374.80 $29,701,081.33 $755,992.87 $30,457,074.20 $133,786,293.47 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 $907,487,374.80 $29,701,081.33 $4,306,922.87 $34,008,004.20 $877,786,293.47 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 $938,107,539.59 $29,701,081.33 $4,460,023.69 $34,161,105.02 $908,406,458.26 FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE A-1 124.79445937 3.17644063 562.12728349 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 Total 30.24550034 4.38586850 893.87606260 B-1 0.00000000 4.99999987 1,000.00000000 Total 0.00000000 4.99999987 1,000.00000000 TOTALS 29.33092028 4.40443894 897.08509651 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-A STATEMENT TO CERTIFICATEHOLDERS PERIOD 3 PAGE # 2 DETERMINATION: 8-May-98 Beginning 4/1/98 DISTRIBUTION: 15-May-98 Ending 4/30/98 TIME: 5/13/98 15:04 per $1000 Section 5.8 (iii) Servicing Fee $781,756.28 0.77201334 Section 5.8 (iv) Administration Fee $1,000.00 0.00098754 Section 5.8 (vi) Pool Balance at the end of the Collection Period $908,406,458.26 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 Net Losses for Collection Period $32,516.39 Section 5.8 (ix) Reserve Account Balance after Disbursement $21,539,286.26 Section 5.8 (x) Specified Reserve Account Balance $27,252,193.75 Section 5.8 (xi) Total Distribution Amount $36,756,585.58 Servicing Fee $781,756.28 Administrative Fee $1,000.00 Noteholders' Distribution Amount $34,008,004.20 Certificateholders' Distribution Amount $153,100.82 Deposit to Reserve Account $1,812,724.28 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 $29,701,081.33 $755,992.87 $30,457,074.20 124.79445937 3.17644063 127.97090000 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 $29,701,081.33 $4,306,922.87 $34,008,004.20 30.24550034 4.38586850 34.63136884 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 $1,812,724.28 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK