- ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1996-C STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== PERIOD 22 PAGE # 1 DETERMINATION: 09-Oct-98 Beginning 9/1/98 DISTRIBUTION: 15-Oct-98 Ending 9/30/98 TIME: 10/19/98 12:22 CLASS A-1 5.489% MONEY MARKET ASSET BACKED NOTES CLASS A-2 5.750% ASSET BACKED NOTES CLASS A-3 5.950% ASSET BACKED NOTES CLASS A-4 6.150% ASSET BACKED NOTES CLASS B-1 6.250% ASSET BACKED CERTIFICATES ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL INTEREST TOTAL END PRINCIPAL CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE - ------------------------------------------------------------------------------------------------------------------------------------ A-1 Notes $225,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 A-2 Notes $239,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 A-3 Notes $324,000,000.00 $260,495,321.76 $21,107,682.18 $1,291,622.64 $22,399,304.82 $239,387,639.58 A-4 Notes $178,000,000.00 $178,000,000.00 $0.00 $912,250.00 $912,250.00 $178,000,000.00 - ------------------------------------------------------------------------------------------------------------------------------------ NOTES TOTALS $966,000,000.00 $438,495,321.76 $21,107,682.18 $2,203,872.64 $23,311,554.82 $417,387,639.58 - ------------------------------------------------------------------------------------------------------------------------------------ B-1 $30,938,845.63 $21,261,193.39 $675,271.57 $110,735.38 $786,006.95 $20,585,921.82 - ------------------------------------------------------------------------------------------------------------------------------------ CERTIFICATE TOTALS $30,938,845.63 $21,261,193.39 $675,271.57 $110,735.38 $786,006.95 $20,585,921.82 - ------------------------------------------------------------------------------------------------------------------------------------ TOTALS $996,938,845.63 $459,756,515.15 $21,782,953.75 $2,314,608.02 $24,097,561.77 $437,973,561.40 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE - -------------------------------------------------------------------------------- A-1 0.00000000 0.00000000 0.00000000 --------------------------------------------------------------------- A-2 0.00000000 0.00000000 0.00000000 --------------------------------------------------------------------- A-3 65.14716722 3.98648963 738.85073944 --------------------------------------------------------------------- A-4 0.00000000 5.12500000 1,000.00000000 - -------------------------------------------------------------------------------- Notes Totals 21.85060267 2.28144166 432.07830184 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- B-1 21.82601051 3.57916974 665.37459303 - -------------------------------------------------------------------------------- Certificate Totals 21.82601051 3.57916974 665.37459303 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- TOTALS 21.84983948 2.32171515 439.31838279 - -------------------------------------------------------------------------------- (C) COPYRIGHT 1998, CHASE MANHATTAN BANK - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1996-C STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== - ------------------------------------------------------------------------------------------------------------------------------------ PERIOD 22 PAGE # 2 DETERMINATION: 9-Oct-98 Beginning 9/1/98 DISTRIBUTION: 15-Oct-98 Ending 9/30/98 TIME: 10/19/98 12:22 per $1000 Section 5.8 (iii) Servicing Fee $383,130.43 .38430685 Section 5.8 (iv) Administration Fee $1,000.00 .00100307 Section 5.8 (vi) Pool Balance at the end of the Collection Period $437,973,561.40 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable By Seller $0.00 By Servicer $125,143.48 TOTAL $125,143.48 Section 5.8 (viii) Realized Net Losses for Collection Period $310,058.37 Section 5.8 (ix) Reserve Account Balance after Disbursement $13,139,206.84 Section 5.8 (x) Specified Reserve Account Balance $13,139,206.84 Section 5.8 (xi) Total Distribution Amount $25,045,739.82 Servicing Fee $383,130.43 Administrative Fee $1,000.00 Noteholders' Distribution Amount $23,311,554.82 Certificateholders' Distribution Amount $786,006.95 Deposit to Reserve Account $564,047.62 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 $0.00 $0.00 $0.00 0.00000000 0.00000000 0.00000000 A-2 $0.00 $0.00 $0.00 0.00000000 0.00000000 0.00000000 A-3 $21,107,682.18 $1,291,622.64 $22,399,304.82 65.14716722 3.98648963 69.13365685 A-4 $0.00 $912,250.00 $912,250.00 0.00000000 5.12500000 5.12500000 - ------------------------------------------------------------------------------------------------------------------------------------ Total $21,107,682.18 $2,203,872.64 $23,311,554.82 21.85060267 2.28144166 24.13204433 - ------------------------------------------------------------------------------------------------------------------------------------ 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 $675,271.57 $110,735.38 $786,006.95 21.82601051 3.57916974 25.40518025 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Total $675,271.57 $110,735.38 $786,006.95 21.82601051 3.57916974 25.40518025 - ------------------------------------------------------------------------------------------------------------------------------------ Section 5.8 (xiv) Reserve Account Transfer Amount $564,047.62 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK - 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