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CHASE MANHATTAN AUTO OWNER TRUST
SERIES 1997-B
STATEMENT TO CERTIFICATEHOLDERS
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PERIOD 16 PAGE # 1
DETERMINATION: 10-Oct-98 Beginning 9/1/98
DISTRIBUTION: 15-Oct-98 Ending 9/30/98
TIME: 10/19/98 12:33
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
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A-1 Notes $200,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00
A-2 Notes $294,000,000.00 $107,505,091.33 $21,942,398.15 $546,484.21 $22,488,882.36 $85,562,693.18
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
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NOTE TOTALS $924,000,000.00 $537,505,091.33 $21,942,398.15 $2,853,109.21 $24,795,507.36 $515,562,693.18
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B-1 $29,148,275.79 $29,148,275.79 $0.00 $163,959.05 $163,959.05 $29,148,275.79
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CERTIFICATE TOTALS $29,148,275.79 $29,148,275.79 $0.00 $163,959.05 $163,959.05 $29,148,275.79
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TOTALS $953,148,275.79 $566,653,367.12 $21,942,398.15 $3,017,068.26 $24,959,466.41 $544,710,968.97
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FACTOR INFORMATION PER $1,000
PRINCIPAL INTEREST END PRINCIPAL
CLASS DISTRIBUTION DISTRIBUTION BALANCE
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A-1 0.00000000 0.00000000 0.00000000
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A-2 74.63400731 1.85878983 291.02956864
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A-3 0.00000000 5.29166665 1,000.00000000
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A-4 0.00000000 5.41666669 1,000.00000000
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A-5 0.00000000 5.50000000 1,000.00000000
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Notes Totals 23.74718415 3.08778053 557.96828266
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B-1 0.00000000 5.62499995 1,000.00000000
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Certificate Totals 0.00000000 5.62499995 1,000.00000000
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TOTALS 23.02097030 3.16537137 571.48607704
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(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
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CHASE MANHATTAN AUTO OWNER TRUST
SERIES 1997-B
STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
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PERIOD 16 PAGE # 2
DETERMINATION: 10-Oct-98 Beginning 9/1/98
DISTRIBUTION: 15-Oct-98 Ending 9/30/98
TIME: 10/19/98 12:33
per $1000
Section 5.8 (iii) Servicing Fee $472,211.14 0.49542254
Section 5.8 (iv) Administration Fee $1,000.00 0.00104915
Section 5.8 (vi) Pool Balance at the end of the Collection Period $544,710,968.97
Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable
By Seller $0.00
By Servicer $21,371.28
TOTAL $21,371.28
Section 5.8 (viii) Realized Net Losses for Collection Period $386,410.37
Section 5.8 (ix) Reserve Account Balance after Disbursement $16,341,329.07
Section 5.8 (x) Specified Reserve Account Balance $16,341,329.07
Section 5.8 (xi) Total Distribution Amount $26,020,227.81
Servicing Fee $472,211.14
Administrative Fee $1,000.00
Noteholders' Distribution Amount $24,795,507.36
Certificateholders' Distribution Amount $ 163,959.05
Deposit to Reserve Account $587,550.26
Section 5.8 (xii) Noteholders' Distributable Amount
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Class Principal Interest Total Prin (per $1000/orig)
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A-1 $0.00 $0.00 $0.00 0.00000000
A-2 $21,942,398.15 $546,484.21 $22,488,882.36 74.63400731
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
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Total $21,942,398.15 $2,853,109.21 $24,795,507.36 23.74718415
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Section 5.8 (xiii) Certificateholders' Distributable Amount
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Class Principal Interest Total Prin (per $1000/orig)
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B-1 $0.00 $163,959.05 $163,959.05 0.00000000
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Total $0.00 $163,959.05 $163,959.05 0.00000000
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Section 5.8 (xiv) Reserve Fund Transfer Amount $ 587,550.26
(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
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