- ------------------------------------------------------------------------------------------------------------------------------------
                                                                   CHASE MANHATTAN AUTO OWNER TRUST
                                                                            SERIES 1997-B
                                                                   STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
PERIOD 15                                                                                                                   PAGE # 1
DETERMINATION: 10-Sep-98                                                                                            Beginning 8/1/98
DISTRIBUTION: 15-Sep-98                                                                                             Ending   8/31/98
TIME: 9/15/98 16:40
                                                                           CLASS A-1 5.744% MONEY MARKET ASSET BACKED NOTES
                                                                           CLASS A-2 6.100% ASSET BACKED NOTES
                                                                           CLASS A-3 6.350% ASSET BACKED NOTES
                                                                           CLASS A-4 6.500% ASSET BACKED NOTES
                                                                           CLASS A-5 6.600% ASSET BACKED NOTES
                                                                           CLASS B-1 6.750% ASSET BACKED CERTIFICATES

                ORIG PRINCIPAL           BEG PRINCIPAL           PRINCIPAL          INTEREST            TOTAL         END PRINCIPAL
  CLASS            BALANCE                 BALANCE             DISTRIBUTION       DISTRIBUTION       DISTRIBUTION         BALANCE
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                                   
 A-1 Notes      $200,000,000.00                 $0.00                $0.00             $0.00              $0.00                $0.00

 A-2 Notes      $294,000,000.00       $131,588,496.07       $24,083,404.74       $668,908.19     $24,752,312.93      $107,505,091.33
 
 A-3 Notes      $227,000,000.00       $227,000,000.00                $0.00     $1,201,208.33      $1,201,208.33      $227,000,000.00

 A-4 Notes      $133,000,000.00       $133,000,000.00                $0.00       $720,416.67        $720,416.67      $133,000,000.00

 A-5 Notes       $70,000,000.00        $70,000,000.00                $0.00       $385,000.00        $385,000.00       $70,000,000.00
- ------------------------------------------------------------------------------------------------------------------------------------
 NOTE TOTALS    $924,000,000.00       $561,588,496.07       $24,083,404.74     $2,975,533.19     $27,058,937.93      $537,505,091.33
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------
    B-1          $29,148,275.79        $29,148,275.79                $0.00       $163,959.05        $163,959.05       $29,148,275.79
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
CERTIFICATE
   TOTALS        $29,148,275.79        $29,148,275.79                $0.00       $163,959.05        $163,959.05       $29,148,275.79
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
      TOTALS    $953,148,275.79       $590,736,771.86       $24,083,404.74     $3,139,492.24     $27,222,896.98      $566,653,367.12
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------


                                               FACTOR   INFORMATION   PER   $1,000


                                   PRINCIPAL               INTEREST            END PRINCIPAL
          CLASS                  DISTRIBUTION            DISTRIBUTION             BALANCE
- --------------------------------------------------------------------------------------------------
                                                                          
            A-1                           0.00000000            0.00000000             0.00000000
                           -----------------------------------------------------------------------
            A-2                          81.91634265            2.27519793           365.66357595
                           -----------------------------------------------------------------------
            A-3                           0.00000000            5.29166665         1,000.00000000
                           -----------------------------------------------------------------------
            A-4                           0.00000000            5.41666669         1,000.00000000
                           -----------------------------------------------------------------------
           A-5                            0.00000000            5.50000000         1,000.00000000
                           -----------------------------------------------------------------------
       Notes Totals                      26.06429084            3.22027402           581.71546681
- --------------------------------------------------------------------------------------------------

- --------------------------------------------------------------------------------------------------
           B-1                            0.00000000            5.62499995         1,000.00000000
                                        -----------------------------------------------------------
    Certificate Totals                    0.00000000            5.62499995         1,000.00000000
- --------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------
          TOTALS                         25.26721744            3.29381306           594.50704734
- --------------------------------------------------------------------------------------------------



- ------------------------------------------------------------------------------------------------------------------------------------
                                                       CHASE MANHATTAN AUTO OWNER TRUST
                                                                SERIES 1997-B
                                                       STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
- ------------------------------------------------------------------------------------------------------------------------------------

PERIOD 15                                                                                                                  PAGE  # 2
DETERMINATION: 10-Sep-98                                                                                            Beginning 8/1/98
DISTRIBUTION: 15-Sep-98                                                                                               Ending 8/31/98
TIME: 9/15/98 16:40



                                                                                                                           per $1000
                                                                                         
Section 5.8 (iii)            Servicing Fee                                                             $492,280.64        0.51647855


Section 5.8 (iv)             Administration Fee                                                          $1,000.00        0.00104915


Section 5.8 (vi)             Pool Balance at the end of the Collection Period                      $566,653,367.12


Section 5.8 (vii)            Repurchase Amounts for Repurchased Receivable
                                                By Seller                                                    $0.00
                                                By Servicer                                             $45,167.23
                                                TOTAL                                                   $45,167.23

Section 5.8 (viii)           Realized Net Losses for Collection Period                                 $364,801.02


Section 5.8 (ix)             Reserve Account Balance after Disbursement                             $16,999,601.01


Section 5.8 (x)              Specified Reserve Account Balance                                      $16,999,601.01


Section 5.8 (xi)             Total Distribution Amount                                              $28,503,763.36

                                                Servicing Fee                                          $492,280.64
                                                Administrative Fee                                       $1,000.00
                                                Noteholders' Distribution Amount                    $27,058,937.93
                                                Certificateholders' Distribution Amount               $ 163,959.05
                                                Deposit to Reserve Account                             $787,585.74









Section 5.8 (xii)            Noteholders' Distributable Amount


     --------------------------------------------------------------------------------------------------------------
       Class              Principal                    Interest                    Total        Prin (per $1000/orig)
     --------------------------------------------------------------------------------------------------------------
        A-1                     $0.00                        $0.00                 $0.00         0.00000000
        A-2            $24,083,404.74                  $668,908.19        $24,752,312.93        81.91634265
        A-3                     $0.00                $1,201,208.33         $1,201,208.33         0.00000000
        A-4                     $0.00                  $720,416.67           $720,416.67         0.00000000
        A-5                     $0.00                  $385,000.00           $385,000.00         0.00000000
     --------------------------------------------------------------------------------------------------------------
       Total           $24,083,404.74                $2,975,533.19        $27,058,937.93        26.06429084
     --------------------------------------------------------------------------------------------------------------




Section 5.8 (xiii)           Certificateholders' Distributable Amount


- ------------------------------------------------------------------------------------------------------------------
      Class              Principal                    Interest              Total        Prin (per $1000/orig)
- ------------------------------------------------------------------------------------------------------------------
       B-1                 $0.00                      $163,959.05         $163,959.05         0.00000000
- ------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------
      Total                $0.00                      $163,959.05         $163,959.05         0.00000000
- ------------------------------------------------------------------------------------------------------------------




Section 5.8 (xiv)            Reserve Fund Transfer Amount                                             $ 787,585.74


(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
- ------------------------------------------------------------------------------------------------------------------------------------