- ------------------------------------------------------------------------------------------------------------------------------------
                                                                               CHASE MANHATTAN AUTO OWNER TRUST
                                                                                        SERIES 1998-A
                                                                               STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
PERIOD 8                                                                                                                    PAGE # 1
DETERMINATION: 9-Oct-98                                                                                             Beginning 9/1/98
DISTRIBUTION: 15-Oct-98                                                                                               Ending 9/30/98
TIME: 10/19/98 14:19
                                                   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     $24,139,098.73    $24,139,098.73       $111,623.22     $24,250,721.95                  $0.00
A-2 Notes          $204,000,000.00    $204,000,000.00     $1,504,803.52       $965,430.00      $2,470,233.52        $202,495,196.48
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    $768,139,098.73    $25,643,902.25     $3,662,553.22     $29,306,455.47        $742,495,196.48
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------
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    $798,759,263.52    $25,643,902.25     $3,815,654.04     $29,459,556.29        $773,115,361.27
- ------------------------------------------------------------------------------------------------------------------------------------

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



                                               FACTOR   INFORMATION   PER   $1,000


                                   PRINCIPAL               INTEREST            END PRINCIPAL
          CLASS                  DISTRIBUTION            DISTRIBUTION             BALANCE
- --------------------------------------------------------------------------------------------------
                                                                   
            A-1                         101.42478458            0.46900513             0.00000000
                                                                           -----------------------
                                                                           -----------------------
                          -----------------------------------------------------------------------
            A-2                           7.37648784            4.73250000           992.62351216
                                                                           -----------------------
                                                                           -----------------------
                          -----------------------------------------------------------------------
            A-3                           0.00000000            4.75000000         1,000.00000000
                                                                           -----------------------
                                                                           -----------------------
                           -----------------------------------------------------------------------
            A-4                           0.00000000            4.83333333         1,000.00000000
                                                                           -----------------------
                                                                           -----------------------
- --------------------------------------------------------------------------------------------------
       Notes Totals                      26.11395341            3.72968760           756.10508807
- --------------------------------------------------------------------------------------------------

- --------------------------------------------------------------------------------------------------
           B-1                            0.00000000            4.99999987         1,000.00000000
                                                                           -----------------------
- --------------------------------------------------------------------------------------------------
    Certificate Totals                    0.00000000            4.99999987         1,000.00000000
- --------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------
          TOTALS                         25.32430534            3.76810000           763.48011639
- --------------------------------------------------------------------------------------------------


====================================================================================================================================





(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
- ------------------------------------------------------------------------------------------------------------------------------------




- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                  CHASE MANHATTAN AUTO OWNER TRUST
                                                                                            SERIES 1998-A
                                                                                   STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
- ------------------------------------------------------------------------------------------------------------------------------------

                      PERIOD 8                                                                                          PAGE     # 2
              DETERMINATION: 9-Oct-98                                                                               Beginning 9/1/98
               DISTRIBUTION: 15-Oct-98                                                                                Ending 9/30/98
                       TIME: 10/19/98 14:19



                                                                                                                       per $1000
Section 5.8 (iii)            Servicing Fee                                                           $665,632.72         0.65733702


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


Section 5.8 (vi)             Pool Balance at the end of the Collection Period                                      $773,115,361.27


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                                                 $366,851.87


Section 5.8 (ix)             Reserve Account Balance after Disbursement                                             $23,193,460.84


Section 5.8 (x)              Specified Reserve Account Balance                                                      $23,193,460.84


Section 5.8 (xi)             Total Distribution Amount                                                              $31,230,227.02

                                                        Servicing Fee                                                  $665,632.72
                                                        Administrative Fee                                               $1,000.00
                                                        Noteholders' Distribution Amount                            $29,306,455.47
                                                        Certificateholders' Distribution Amount                       $ 153,100.82
                                                        Deposit to Reserve Account                                   $1,104,038.01









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      $24,139,098.73        $111,623.22    $24,250,721.95       101.42478458           0.46900513               101.89378971
   A-2       $1,504,803.52        $965,430.00     $2,470,233.52         7.37648784           4.73250000                12.10898784
   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     $25,643,902.25      $3,662,553.22    $29,306,455.47        26.11395341           3.72968760                29.84364101
 -----------------------------------------------------------------------------------------------------------------------------------





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                                       $ 1,104,038.01





(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
- ------------------------------------------------------------------------------------------------------------------------------------