- ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-C STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== PERIOD 6 PAGE # 1 DETERMINATION: 10-Dec-98 Beginning 11/1/98 DISTRIBUTION: 15-Dec-98 Ending 11/30/98 TIME: 1/6/99 14:19 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 $92,473,555.27 $29,197,150.67 $416,264.57 $29,613,415.24 $63,276,404.60 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 $896,373,555.27 $29,197,150.67 $4,304,997.90 $33,502,148.57 $867,176,404.60 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 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 $929,262,766.72 $29,197,150.67 $4,469,443.96 $33,666,594.63 $900,065,616.05 - ------------------------------------------------------------------------------------------------------------------------------------ FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE - ---------------------------------------------------------------------------------------------- A-1 113.16725066 1.61342857 245.25738217 ----------------------- 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 27.49519792 4.05405208 816.62718203 - ---------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------- B-1 0.00000000 5.00000008 1,000.00000000 - ----------------------- ----------------------- - ---------------------------------------------------------------------------------------------- Certificate Totals 0.00000000 5.00000008 1,000.00000000 - ---------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------- TOTALS 26.66919839 4.08246986 822.13599352 - ---------------------------------------------------------------------------------------------- (C) COPYRIGHT 1998, CHASE MANHATTAN BANK - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-C STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== - ------------------------------------------------------------------------------------------------------------------------------------ PERIOD 6 PAGE # 2 DETERMINATION: 10-Dec-98 Beginning 11/1/98 DISTRIBUTION: 15-Dec-98 Ending 11/30/98 TIME: 1/6/99 14:19 per $1000 Section 5.8 (iii) Servicing Fee $774,385.64 0.70733766 Section 5.8 (iv) Administration Fee $1,000.00 0.00091342 Section 5.8 (vi) Pool Balance at the end of the Collection Period $900,065,616.05 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 $237,094.15 Section 5.8 (ix) Reserve Account Balance after Disbursement $27,001,968.48 Section 5.8 (x) Specified Reserve Account Balance $27,001,968.48 Section 5.8 (xi) Total Distribution Amount $35,872,052.71 Servicing Fee $774,385.64 Administrative Fee $1,000.00 Noteholders' Distribution Amount $33,502,148.57 Certificateholders' Distribution Amount $ 164,446.06 Deposit to Reserve Account $1,430,072.44 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 $29,197,150.67 $416,264.57 $29,613,415.24 113.16725066 1.61342857 114.78067922 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 $29,197,150.67 $4,304,997.90 $33,502,148.57 27.49519792 4.05405208 31.54925000 -------------------------------------------------------------------------------------------------------------------------------- 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 $ 1,430,072.44 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK - 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