- ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-C STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== PERIOD 4 PAGE # 1 DETERMINATION: 9-Oct-98 Beginning 9/1/98 DISTRIBUTION: 15-Oct-98 Ending 9/30/98 TIME: 10/19/98 14:37 CLASS A-1 5.588% ASSET BACKED NOTES CLASS A-2 5.747% ASSET BACKED NOTES CLASS A-3 5.800% ASSET BACKED NOTES CLASS A-4 5.850% 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 $258,000,000.00 $148,022,937.14 $28,475,290.10 $689,293.48 $29,164,583.58 $119,547,647.04 A-2 Notes $195,000,000.00 $195,000,000.00 $0.00 $933,887.50 $933,887.50 $195,000,000.00 A-3 Notes $325,000,000.00 $325,000,000.00 $0.00 $1,570,833.33 $1,570,833.33 $325,000,000.00 A-4 Notes $283,900,000.00 $283,900,000.00 $0.00 $1,384,012.50 $1,384,012.50 $283,900,000.00 - ------------------------------------------------------------------------------------------------------------------------------------ NOTE TOTALS $1,061,900,000.00 $951,922,937.14 $28,475,290.10 $4,578,026.81 $33,053,316.91 $923,447,647.04 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ B-1 $32,889,211.45 $32,889,211.45 $0.00 $164,446.06 $164,446.06 $32,889,211.45 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ CERTIFICATE TOTALS $32,889,211.45 $32,889,211.45 $0.00 $164,446.06 $164,446.06 $32,889,211.45 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ TOTALS $1,094,789,211.45 $984,812,148.59 $28,475,290.10 $4,742,472.87 $33,217,762.97 $956,336,858.49 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE - -------------------------------------------------------------------------------------------------- A-1 110.36934147 2.67168016 463.36297302 ----------------------- ----------------------- ----------------------------------------------------------------------- A-2 0.00000000 4.78916667 1,000.00000000 ----------------------- ----------------------- ----------------------------------------------------------------------- A-3 0.00000000 4.83333332 1,000.00000000 ----------------------- ----------------------- ----------------------------------------------------------------------- A-4 0.00000000 4.87500000 1,000.00000000 ----------------------- ----------------------- - -------------------------------------------------------------------------------------------------- Notes Totals 26.81541586 4.31116566 869.61827577 - -------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------- B-1 0.00000000 5.00000008 1,000.00000000 - --------------------------- ----------------------- - -------------------------------------------------------------------------------------------------- Certificate Totals 0.00000000 5.00000008 1,000.00000000 - -------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------- TOTALS 26.00983806 4.33185934 873.53515041 - -------------------------------------------------------------------------------------------------- (C) COPYRIGHT 1998, CHASE MANHATTAN BANK - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-C STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== - ------------------------------------------------------------------------------------------------------------------------------------ PERIOD 4 PAGE # 2 DETERMINATION: 9-Oct-98 Beginning 9/1/98 DISTRIBUTION: 15-Oct-98 Ending 9/30/98 TIME: 10/19/98 14:37 per $1000 Section 5.8 (iii) Servicing Fee $820,676.79 0.74962082 Section 5.8 (iv) Administration Fee $1,000.00 0.00091342 Section 5.8 (vi) Pool Balance at the end of the Collection Period $956,336,858.49 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 $86,754.66 Section 5.8 (ix) Reserve Account Balance after Disbursement $25,012,514.20 Section 5.8 (x) Specified Reserve Account Balance $28,690,105.75 Section 5.8 (xi) Total Distribution Amount $35,602,079.08 Servicing Fee $820,676.79 Administrative Fee $1,000.00 Noteholders' Distribution Amount $33,053,316.91 Certificateholders' Distribution Amount $ 164,446.06 Deposit to Reserve Account $1,562,639.32 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 $28,475,290.10 $689,293.48 $29,164,583.58 110.36934147 2.67168016 113.04102163 A-2 $0.00 $933,887.50 $933,887.50 0.00000000 4.78916667 4.78916667 A-3 $0.00 $1,570,833.33 $1,570,833.33 0.00000000 4.83333332 4.83333332 A-4 $0.00 $1,384,012.50 $1,384,012.50 0.00000000 4.87500000 4.87500000 - ------------------------------------------------------------------------------------------------------------------------------------ Total $28,475,290.10 $4,578,026.81 $33,053,316.91 26.81541586 4.31116566 31.12658151 - ------------------------------------------------------------------------------------------------------------------------------------ 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 $164,446.06 $164,446.06 0.00000000 5.00000008 5.00000008 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Total $0.00 $164,446.06 $164,446.06 0.00000000 5.00000008 5.00000008 - ------------------------------------------------------------------------------------------------------------------------------------ Section 5.8 (xiv) Reserve Fund Transfer Amount $ 1,562,639.32 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK - 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