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