- ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1996-C STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== PERIOD 23 PAGE # 1 DETERMINATION: 10-Nov-98 Beginning 10/1/98 DISTRIBUTION: 16-Nov-98 Ending 10/31/98 TIME: 11/25/98 12:42 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 $239,387,639.58 $19,213,720.97 $1,186,963.71 $20,400,684.68 $220,173,918.61 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 $417,387,639.58 $19,213,720.97 $2,099,213.71 $21,312,934.68 $398,173,918.61 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ B-1 $30,938,845.63 $20,585,921.82 $614,680.44 $107,218.34 $721,898.78 $19,971,241.38 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ CERTIFICATE TOTALS $30,938,845.63 $20,585,921.82 $614,680.44 $107,218.34 $721,898.78 $19,971,241.38 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ TOTALS $996,938,845.63 $437,973,561.40 $19,828,401.41 $2,206,432.05 $22,034,833.46 $418,145,159.99 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 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 59.30160793 3.66346824 679.54913151 ---------------------- ---------------------- ---------------------- --------------------------------------------------------------------- A-4 0.00000000 5.12500000 1,000.00000000 ---------------------- ---------------------- ---------------------- - ---------------------------------------------------------------------------------------------- Notes Totals 19.88998030 2.17309908 412.18832154 - ------------------------- ---------------------- - ---------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------- --------------------------------------------------------------------- B-1 19.86759452 3.46549258 645.50699851 - ------------------------- ---------------------- - ---------------------------------------------------------------------------------------------- Certificate Totals 19.86759452 3.46549258 645.50699851 - ---------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------- TOTALS 19.88928558 2.21320702 419.42909720 - ---------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1996-C STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== - ------------------------------------------------------------------------------------------------------------------------------------ PERIOD 23 PAGE # 2 DETERMINATION: 10-Nov-98 Beginning 10/1/98 DISTRIBUTION: 16-Nov-98 Ending 10/31/98 TIME: 11/25/98 12:42 per $1000 Section 5.8 (iii) Servicing Fee $364,977.97 .36609865 Section 5.8 (iv) Administration Fee $1,000.00 .00100307 Section 5.8 (vi) Pool Balance at the end of the Collection Period $418,145,159.99 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable By Seller $0.00 By Servicer $168,156.89 TOTAL $168,156.89 Section 5.8 (viii) Realized Net Losses for Collection Period $347,834.01 Section 5.8 (ix) Reserve Account Balance after Disbursement $12,544,354.80 Section 5.8 (x) Specified Reserve Account Balance $12,544,354.80 Section 5.8 (xi) Total Distribution Amount $22,937,218.88 Servicing Fee $364,977.97 Administrative Fee $1,000.00 Noteholders' Distribution Amount $21,312,934.68 Certificateholders' Distribution Amount $721,898.78 Deposit to Reserve Account $536,407.45 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 $19,213,720.97 $1,186,963.71 $20,400,684.68 59.30160793 3.66346824 62.96507617 A-4 $0.00 $912,250.00 $912,250.00 0.00000000 5.12500000 5.12500000 ------------------------------------------------------------------------------------------------------------------------------ Total $19,213,720.97 $2,099,213.71 $21,312,934.68 19.88998030 2.17309908 22.06307938 ------------------------------------------------------------------------------------------------------------------------------ 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 $614,680.44 $107,218.34 $721,898.78 19.86759452 3.46549258 23.33308710 - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- Total $614,680.44 $107,218.34 $721,898.78 19.86759452 3.46549258 23.33308710 - ----------------------------------------------------------------------------------------------------------------------------------- Section 5.8 (xiv) Reserve Account Transfer Amount $536,407.45 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK - 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