- ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-A STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== PERIOD 11 PAGE # 1 DETERMINATION: 8-Jan-99 Beginning 12/1/98 DISTRIBUTION: 15-Jan-99 Ending 12/31/98 TIME: 2/2/99 10:36 CLASS A-1 5.549% MONEY MARKET ASSET BACKED NOTES CLASS A-2 5.679% ASSET BACKED NOTES CLASS A-3 5.700% ASSET BACKED NOTES CLASS A-4 5.800% 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 $238,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 A-2 Notes $204,000,000.00 $152,207,093.16 $25,935,868.40 $720,320.07 $26,656,188.47 $126,271,224.76 A-3 Notes $294,000,000.00 $294,000,000.00 $0.00 $1,396,500.00 $1,396,500.00 $294,000,000.00 A-4 Notes $246,000,000.00 $246,000,000.00 $0.00 $1,189,000.00 $1,189,000.00 $246,000,000.00 - ------------------------------------------------------------------------------------------------------------------------------------ NOTE TOTALS $982,000,000.00 $692,207,093.16 $25,935,868.40 $3,305,820.07 $29,241,688.47 $666,271,224.76 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ B-1 $30,620,164.79 $30,620,164.79 $0.00 $153,100.82 $153,100.82 $30,620,164.79 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ CERTIFICATE TOTALS $30,620,164.79 $30,620,164.79 $0.00 $153,100.82 $153,100.82 $30,620,164.79 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ TOTALS $1,012,620,164.79 $722,827,257.95 $25,935,868.40 $3,458,920.89 $29,394,789.29 $696,891,389.55 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE - -------------------------------------------------------------------------------- A-1 0.00000000 0.00000000 0.00000000 ----------------- ----------------- ----------------- ------------------------------------------------------------ A-2 127.13660980 3.53098074 618.97659196 ----------------- ----------------- ----------------- ------------------------------------------------------------ A-3 0.00000000 4.75000000 1,000.00000000 ----------------- ----------------- ----------------- ------------------------------------------------------------ A-4 0.00000000 4.83333333 1,000.00000000 ----------------- ----------------- ----------------- - -------------------------------------------------------------------------------- Notes Totals 26.41127128 3.36641555 678.48393560 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- B-1 0.00000000 4.99999987 1,000.00000000 - -------------------- ----------------- - -------------------------------------------------------------------------------- Certificate Totals 0.00000000 4.99999987 1,000.00000000 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- TOTALS 25.61263275 3.41581277 688.20611497 - -------------------------------------------------------------------------------- (C) COPYRIGHT 1998, CHASE MANHATTAN BANK - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-A STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== - ------------------------------------------------------------------------------------------------------------------------------------ PERIOD 11 PAGE # 2 DETERMINATION: 8-Jan-99 Beginning 12/1/98 DISTRIBUTION: 15-Jan-99 Ending 12/31/98 TIME: 2/2/99 10:36 per $1000 Section 5.8 (iii) Servicing Fee $602,356.05 0.59484896 Section 5.8 (iv) Administration Fee $1,000.00 0.00098754 Section 5.8 (vi) Pool Balance at the end of the Collection Period $696,891,389.55 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable By Seller $0.00 By Servicer $61,061.81 TOTAL $61,061.81 Section 5.8 (viii) Realized Net Losses for Collection Period $390,328.48 Section 5.8 (ix) Reserve Account Balance after Disbursement $20,906,741.69 Section 5.8 (x) Specified Reserve Account Balance $20,906,741.69 Section 5.8 (xi) Total Distribution Amount $30,800,422.24 Servicing Fee $602,356.05 Administrative Fee $1,000.00 Noteholders' Distribution Amount $29,241,688.47 Certificateholders' Distribution Amount $ 153,100.82 Deposit to Reserve Account $802,276.90 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 $25,935,868.40 $720,320.07 $26,656,188.47 127.13660980 3.53098074 130.66759054 A-3 $0.00 $1,396,500.00 $1,396,500.00 0.00000000 4.75000000 4.75000000 A-4 $0.00 $1,189,000.00 $1,189,000.00 0.00000000 4.83333333 4.83333333 - ------------------------------------------------------------------------------------------------------------------------------------ Total $25,935,868.40 $3,305,820.07 $29,241,688.47 26.41127128 3.36641555 29.77768683 - ------------------------------------------------------------------------------------------------------------------------------------ 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 $153,100.82 $153,100.82 0.00000000 4.99999987 4.99999987 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Total $0.00 $153,100.82 $153,100.82 0.00000000 4.99999987 4.99999987 - ------------------------------------------------------------------------------------------------------------------------------------ Section 5.8 (xiv) Reserve Fund Transfer Amount $ 802,276.90 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK - 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