- ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-B STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== PERIOD 6 PAGE # 1 DETERMINATION: 9-Oct-98 Beginning 9/1/98 DISTRIBUTION: 15-Oct-98 Ending 9/30/98 TIME: 10/19/98 14:30 CLASS A-1 5.578% MONEY MARKET ASSET BACKED NOTES CLASS A-2 5.729% ASSET BACKED NOTES CLASS A-3 5.750% ASSET BACKED NOTES CLASS A-4 5.800% ASSET BACKED NOTES CLASS B-1 6.050% ASSET BACKED CERTIFICATES ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL INTEREST TOTAL END PRINCIPAL CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE - ------------------------------------------------------------------------------------------------------------------------------------ A-1 Notes $250,000,000.00 $81,377,006.63 $27,000,306.46 $378,267.45 $27,378,573.91 $54,376,700.17 A-2 Notes $200,000,000.00 $200,000,000.00 $0.00 $954,833.33 $954,833.33 $200,000,000.00 A-3 Notes $321,000,000.00 $321,000,000.00 $0.00 $1,538,125.00 $1,538,125.00 $321,000,000.00 A-4 Notes $282,800,000.00 $282,800,000.00 $0.00 $1,366,866.67 $1,366,866.67 $282,800,000.00 - ------------------------------------------------------------------------------------------------------------------------------------ NOTE TOTALS $1,053,800,000.00 $885,177,006.63 $27,000,306.46 $4,238,092.45 $31,238,398.91 $858,176,700.17 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ B-1 $32,604,142.65 $32,604,142.65 $0.00 $164,379.22 $164,379.22 $32,604,142.65 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ CERTIFICATE TOTALS $32,604,142.65 $32,604,142.65 $0.00 $164,379.22 $164,379.22 $32,604,142.65 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ TOTALS $1,086,404,142.65 $917,781,149.28 $27,000,306.46 $4,402,471.67 $31,402,778.13 $890,780,842.82 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE - -------------------------------------------------------------------------------------------------- A-1 108.00122584 1.51306980 217.50680068 ----------------------- ----------------------- ----------------------------------------------------------------------- A-2 0.00000000 4.77416665 1,000.00000000 ----------------------- ----------------------- ----------------------------------------------------------------------- A-3 0.00000000 4.79166667 1,000.00000000 ----------------------- ----------------------- ----------------------- ----------------------------------------------------------------------- A-4 0.00000000 4.83333335 1,000.00000000 ----------------------- ----------------------- - -------------------------------------------------------------------------------------------------- Notes Totals 25.62185088 4.02172371 814.36392121 - -------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------- B-1 0.00000000 5.04166669 1,000.00000000 - -------------------------------------------------------------------------------------------------- Certificate Totals 0.00000000 5.04166669 1,000.00000000 - -------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------- TOTALS 24.85291191 4.05233329 819.93505718 - -------------------------------------------------------------------------------------------------- (C) COPYRIGHT 1998, CHASE MANHATTAN BANK - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-B STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== PERIOD 6 PAGE # 2 DETERMINATION: 9-Oct-98 Beginning 9/1/98 DISTRIBUTION: 15-Oct-98 Ending 9/30/98 TIME: 10/19/98 14:30 per $1000 Section 5.8 (iii) Servicing Fee $764,817.62 0.70398997 Section 5.8 (iv) Administration Fee $1,000.00 0.00092047 Section 5.8 (vi) Pool Balance at the end of the Collection Period $890,780,842.82 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 $292,743.69 Section 5.8 (ix) Reserve Account Balance after Disbursement $26,723,425.28 Section 5.8 (x) Specified Reserve Account Balance $26,723,425.28 Section 5.8 (xi) Total Distribution Amount $33,501,732.24 Servicing Fee $764,817.62 Administrative Fee $1,000.00 Noteholders' Distribution Amount $31,238,398.91 Certificateholders' Distribution Amount $ 164,379.22 Deposit to Reserve Account $1,333,136.49 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 $27,000,306.46 $378,267.45 $27,378,573.91 108.00122584 1.51306980 109.51429564 A-2 $0.00 $954,833.33 $954,833.33 0.00000000 4.77416665 4.77416665 A-3 $0.00 $1,538,125.00 $1,538,125.00 0.00000000 4.79166667 4.79166667 A-4 $0.00 $1,366,866.67 $1,366,866.67 0.00000000 4.83333335 4.83333335 - ------------------------------------------------------------------------------------------------------------------------------------ Total $27,000,306.46 $4,238,092.45 $31,238,398.91 25.62185088 4.02172371 29.64357460 - ------------------------------------------------------------------------------------------------------------------------------------ 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 $164,379.22 $164,379.22 0.00000000 5.04166669 5.04166669 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Total $0.00 $164,379.22 $164,379.22 0.00000000 5.04166669 5.04166669 - ------------------------------------------------------------------------------------------------------------------------------------ Section 5.8 (xiv) Reserve Fund Transfer Amount $ 1,333,136.49 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK - 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