- ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1997-B STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== PERIOD 18 PAGE # 1 DETERMINATION: 10-Dec-98 Beginning 11/1/98 DISTRIBUTION: 15-Dec-98 Ending 11/30/98 TIME: 1/6/99 13:59 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 - ------------------------------------------------------------------------------------------------------------------------------------ A-1 Notes $200,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 A-2 Notes $294,000,000.00 $64,512,569.80 $21,963,299.08 $327,938.90 $22,291,237.98 $42,549,270.72 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 - ------------------------------------------------------------------------------------------------------------------------------------ NOTE TOTALS $924,000,000.00 $494,512,569.80 $21,963,299.08 $2,634,563.90 $24,597,862.98 $472,549,270.72 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ B-1 $29,148,275.79 $29,148,275.79 $0.00 $163,959.05 $163,959.05 $29,148,275.79 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ CERTIFICATE TOTALS $29,148,275.79 $29,148,275.79 $0.00 $163,959.05 $163,959.05 $29,148,275.79 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ TOTALS $953,148,275.79 $523,660,845.59 $21,963,299.08 $2,798,522.95 $24,761,822.03 $501,697,546.51 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE - -------------------------------------------------------------------------------- A-1 0.00000000 0.00000000 0.00000000 ------------------------------------------------------------ A-2 74.70509891 1.11543844 144.72541061 ------------------------------------------------------------ A-3 0.00000000 5.29166665 1,000.00000000 ------------------------------------------------------------ A-4 0.00000000 5.41666669 1,000.00000000 ------------------------------------------------------------ A-5 0.00000000 5.50000000 1,000.00000000 ------------------------------------------------------------ Notes Totals 23.76980420 2.85125963 511.41695965 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- B-1 0.00000000 5.62499995 1,000.00000000 - -------------------------------------------------------------------------------- Certificate Totals 0.00000000 5.62499995 1,000.00000000 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- TOTALS 23.04289861 2.93608353 526.35834240 - -------------------------------------------------------------------------------- (C) COPYRIGHT 1998, CHASE MANHATTAN BANK - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1997-B STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== - ------------------------------------------------------------------------------------------------------------------------------------ PERIOD 18 PAGE # 2 DETERMINATION: 10-Dec-98 Beginning 11/1/98 DISTRIBUTION: 15-Dec-98 Ending 11/30/98 TIME: 1/6/99 13:59 per $1000 Section 5.8 (iii) Servicing Fee $436,384.04 0.45783437 Section 5.8 (iv) Administration Fee $1,000.00 0.00104915 Section 5.8 (vi) Pool Balance at the end of the Collection Period $501,697,546.51 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable By Seller $0.00 By Servicer $107,564.76 TOTAL $107,564.76 Section 5.8 (viii) Realized Net Losses for Collection Period $380,541.42 Section 5.8 (ix) Reserve Account Balance after Disbursement $15,050,926.40 Section 5.8 (x) Specified Reserve Account Balance $15,050,926.40 Section 5.8 (xi) Total Distribution Amount $25,751,520.00 Servicing Fee $436,384.04 Administrative Fee $1,000.00 Noteholders' Distribution Amount $24,597,862.98 Certificateholders' Distribution Amount $163,959.05 Deposit to Reserve Account $552,313.93 Section 5.8 (xii) Noteholders' Distributable Amount ----------------------------------------------------------------------------------------------------------------- Class Principal Interest Total Prin (per $1000/orig) ----------------------------------------------------------------------------------------------------------------- A-1 $0.00 $0.00 $0.00 0.00000000 A-2 $21,963,299.08 $327,938.90 $22,291,237.98 74.70509891 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 ----------------------------------------------------------------------------------------------------------------- Total $21,963,299.08 $2,634,563.90 $24,597,862.98 23.76980420 ----------------------------------------------------------------------------------------------------------------- Section 5.8 (xiii) Certificateholders' Distributable Amount ----------------------------------------------------------------------------------------------------------------- Class Principal Interest Total Prin (per$1000/orig) ----------------------------------------------------------------------------------------------------------------- B-1 $0.00 $163,959.05 $163,959.05 0.00000000 ----------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------- Total $0.00 $163,959.05 $163,959.05 0.00000000 ----------------------------------------------------------------------------------------------------------------- Section 5.8 (xiv) Reserve Fund Transfer Amount $ 552,313.93 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK - 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