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CHASE MANHATTAN AUTO OWNER TRUST
SERIES 1998-B
STATEMENT TO CERTIFICATEHOLDERS
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PERIOD 9 PAGE # 1
DETERMINATION: 8-Jan-99 Beginning 12/1/98
DISTRIBUTION: 15-Jan-99 Ending 12/31/98
TIME: 2/2/99 11:00
CLASS A-1 5.578% MONEY MARKET ASSET BACKED NOTES
CLASS A-2 5.729% ASSET BACKED NOTES
CLASS A-3 5.750% ASSET BACKED NOTES
CLASS A-4 5.800% ASSET BACKED NOTES
CLASS B-1 6.050% ASSET BACKED CERTIFICATES
ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL INTEREST TOTAL END PRINCIPAL
CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE
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A-1 Notes $250,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00
A-2 Notes $200,000,000.00 $199,892,146.08 $28,621,211.18 $954,318.42 $29,575,529.60 $171,270,934.90
A-3 Notes $321,000,000.00 $321,000,000.00 $0.00 $1,538,125.00 $1,538,125.00 $321,000,000.00
A-4 Notes $282,800,000.00 $282,800,000.00 $0.00 $1,366,866.67 $1,366,866.67 $282,800,000.00
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NOTE TOTALS $1,053,800,000.00 $803,692,146.08 $28,621,211.18 $3,859,310.09 $32,480,521.27 $775,070,934.90
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B-1 $32,604,142.65 $32,604,142.65 $0.00 $164,379.22 $164,379.22 $32,604,142.65
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CERTIFICATE TOTALS $32,604,142.65 $32,604,142.65 $0.00 $164,379.22 $164,379.22 $32,604,142.65
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TOTALS $1,086,404,142.65 $836,296,288.73 $28,621,211.18 $4,023,689.31 $32,644,900.49 $807,675,077.55
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FACTOR INFORMATION PER $1,000
PRINCIPAL INTEREST END PRINCIPAL
CLASS DISTRIBUTION DISTRIBUTION BALANCE
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A-1 0.00000000 0.00000000 0.00000000
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A-2 143.10605590 4.77159210 856.35467450
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A-3 0.00000000 4.79166667 1,000.00000000
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A-4 0.00000000 4.83333335 1,000.00000000
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Notes Totals 27.16000302 3.66227946 735.50098206
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B-1 0.00000000 5.04166669 1,000.00000000
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Certificate Totals 0.00000000 5.04166669 1,000.00000000
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TOTALS 26.34490247 3.70367633 743.43887863
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(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
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CHASE MANHATTAN AUTO OWNER TRUST
SERIES 1998-B
STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
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PERIOD 9 PAGE # 2
DETERMINATION: 8-Jan-99 Beginning 12/1/98
DISTRIBUTION: 15-Jan-99 Ending 12/31/98
TIME: 2/2/99 11:00
per $1000
Section 5.8 (iii) Servicing Fee $696,913.57 0.64148648
Section 5.8 (iv) Administration Fee $1,000.00 0.00092047
Section 5.8 (vi) Pool Balance at the end of the Collection Period $807,675,077.55
Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable
By Seller $0.00
By Servicer $23,368.98
TOTAL $23,368.98
Section 5.8 (viii) Realized Net Losses for Collection Period $357,505.51
Section 5.8 (ix) Reserve Account Balance after Disbursement $24,230,252.33
Section 5.8 (x) Specified Reserve Account Balance $24,230,252.33
Section 5.8 (xi) Total Distribution Amount $34,353,263.27
Servicing Fee $696,913.57
Administrative Fee $1,000.00
Noteholders' Distribution Amount $32,480,521.27
Certificateholders' Distribution Amount $ 164,379.22
Deposit to Reserve Account $1,010,449.21
Section 5.8 (xii) Noteholders' Distributable Amount
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Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig)
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A-1 $0.00 $0.00 $0.00 0.00000000 0.00000000 0.00000000
A-2 $28,621,211.18 $954,318.42 $29,575,529.60 143.10605590 4.77159210 147.87764800
A-3 $0.00 $1,538,125.00 $1,538,125.00 0.00000000 4.79166667 4.79166667
A-4 $0.00 $1,366,866.67 $1,366,866.67 0.00000000 4.83333335 4.83333335
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Total $28,621,211.18 $3,859,310.09 $32,480,521.27 27.16000302 3.66227946 30.82228247
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Section 5.8 (xiii) Certificateholders' Distributable Amount
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Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig)
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B-1 $0.00 $164,379.22 $164,379.22 0.00000000 5.04166669 5.04166669
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Total $0.00 $164,379.22 $164,379.22 0.00000000 5.04166669 5.04166669
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Section 5.8 (xiv) Reserve Fund Transfer Amount $ 1,010,449.21
(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
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