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