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