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                                                                               CHASE MANHATTAN AUTO OWNER TRUST
                                                                                        SERIES 1998-A
                                                                               STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
 PERIOD 7                                                                                                                   PAGE # 1
 DETERMINATION: 10-Sep-98                                                                                          Beginning: 8/1/98
 DISTRIBUTION: 15-Sep-98                                                                                           Ending:   8/31/98
 TIME: 9/15/98 16:44
                                                                           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        $50,542,299.91    $26,403,201.18      $225,925.48     $26,629,126.66       $24,139,098.73

 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       $794,542,299.91    $26,403,201.18    $3,776,855.48     $30,180,056.66      $768,139,098.73
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
 B-1                $30,620,164.79        $30,620,164.79             $0.00      $153,100.82        $153,100.82       $30,620,164.79
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
CERTIFICATE
   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       $825,162,464.70    $26,403,201.18    $3,929,956.30     $30,333,157.48      $798,759,263.52
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                                               FACTOR   INFORMATION   PER   $1,000


                                   PRINCIPAL               INTEREST            END PRINCIPAL
          CLASS                  DISTRIBUTION            DISTRIBUTION             BALANCE
- --------------------------------------------------------------------------------------------------
                                                                              
            A-1                         110.93782008            0.94926672           101.42478458
                           -----------------------------------------------------------------------
            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                      26.88717024            3.84608501           782.21904148
- --------------------------------------------------------------------------------------------------
           B-1                            0.00000000            4.99999987         1,000.00000000
- --------------------------------------------------------------------------------------------------
    Certificate Totals                    0.00000000            4.99999987         1,000.00000000
- --------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------
          TOTALS                         26.07414122            3.88097772           788.80442173
- --------------------------------------------------------------------------------------------------




- ------------------------------------------------------------------------------------------------------------------------------------
                                                                              CHASE MANHATTAN AUTO OWNER TRUST
                                                                                        SERIES 1998-A
                                                                               STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
- ------------------------------------------------------------------------------------------------------------------------------------
 PERIOD 7                                                                                                           PAGE         # 2
 DETERMINATION: 10-Sep-98                                                                                           Beginning 8/1/98
 DISTRIBUTION: 15-Sep-98                                                                                            Ending   8/31/98
 TIME: 9/15/98 16:45


                                                                                                                        per $1000
                                                                                                                    
Section 5.8 (iii)            Servicing Fee                                                          $687,635.39         0.67906547


Section 5.8 (iv)             Administration Fee                                                       $1,000.00         0.00098754


Section 5.8 (vi)             Pool Balance at the end of the Collection Period                   $798,759,263.52


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                              $304,020.11


Section 5.8 (ix)             Reserve Account Balance after Disbursement                          $23,962,777.91


Section 5.8 (x)              Specified Reserve Account Balance                                   $23,962,777.91


Section 5.8 (xi)             Total Distribution Amount                                           $32,430,585.17

                                                Servicing Fee                                       $687,635.39
                                                Administrative Fee                                    $1,000.00
                                                Noteholders' Distribution Amount                 $30,180,056.66
                                                Certificateholders' Distribution Amount            $ 153,100.82
                                                Deposit to Reserve Account                        $1,408,792.30









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      $26,403,201.18      $225,925.48     $26,629,126.66       110.93782008           0.94926672              111.88708681
  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     $26,403,201.18    $3,776,855.48     $30,180,056.66        26.88717024           3.84608501               30.73325525
- ------------------------------------------------------------------------------------------------------------------------------------





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                                $ 1,408,792.30



(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
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