- ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-B STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== PERIOD 10 PAGE # 1 DETERMINATION: 10-Feb-99 Beginning 1/1/99 DISTRIBUTION: 16-Feb-99 Ending 1/31/99 TIME: 3/10/99 17:24 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 - ------------------------------------------------------------------------------------------------------------------------------------ A-1 Notes $250,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 A-2 Notes $200,000,000.00 $171,270,934.90 $26,421,446.62 $817,675.99 $27,239,122.61 $144,849,488.28 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 - ------------------------------------------------------------------------------------------------------------------------------------ NOTE TOTALS $1,053,800,000.00 $775,070,934.90 $26,421,446.62 $3,722,667.66 $30,144,114.28 $748,649,488.28 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ B-1 $32,604,142.65 $32,604,142.65 $0.00 $164,379.22 $164,379.22 $32,604,142.65 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ CERTIFICATE TOTALS $32,604,142.65 $32,604,142.65 $0.00 $164,379.22 $164,379.22 $32,604,142.65 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ TOTALS $1,086,404,142.65 $807,675,077.55 $26,421,446.62 $3,887,046.88 $30,308,493.50 $781,253,630.93 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE - -------------------------------------------------------------------------------- A-1 0.00000000 0.00000000 0.00000000 ----------------------- A-2 132.10723310 4.08837995 724.24744140 ----------------------- A-3 0.00000000 4.79166667 1,000.00000000 ----------------------- A-4 0.00000000 4.83333335 1,000.00000000 ----------------------- - -------------------------------------------------------------------------------- Notes Totals 25.07254377 3.53261308 710.42843830 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- B-1 0.00000000 5.04166669 1,000.00000000 - -------------------- ----------------------- - -------------------------------------------------------------------------------- Certificate Totals 0.00000000 5.04166669 1,000.00000000 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- TOTALS 24.32009009 3.57790138 719.11878854 - -------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-B STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== - ------------------------------------------------------------------------------------------------------------------------------------ PERIOD 10 PAGE # 2 DETERMINATION: 10-Feb-99 Beginning 1/1/99 DISTRIBUTION: 16-Feb-99 Ending 1/31/99 TIME: 3/10/99 17:24 per $1000 Section 5.8 (iii) Servicing Fee $673,062.56 0.61953239 Section 5.8 (iv) Administration Fee $1,000.00 0.00092047 Section 5.8 (vi) Pool Balance at the end of the Collection Period $781,253,630.93 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable By Seller $0.00 By Servicer $37,412.09 TOTAL $37,412.09 Section 5.8 (viii) Realized Net Losses for Collection Period $275,019.20 Section 5.8 (ix) Reserve Account Balance after Disbursement $23,437,608.93 Section 5.8 (x) Specified Reserve Account Balance $23,437,608.93 Section 5.8 (xi) Total Distribution Amount $32,307,947.59 Servicing Fee $673,062.56 Administrative Fee $1,000.00 Noteholders' Distribution Amount $30,144,114.28 Certificateholders' Distribution Amount $ 164,379.22 Deposit to Reserve Account $1,325,391.53 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 $26,421,446.62 $817,675.99 $27,239,122.61 132.10723310 4.08837995 136.19561305 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 - ------------------------------------------------------------------------------------------------------------------------------------ Total $26,421,446.62 $3,722,667.66 $30,144,114.28 25.07254377 3.53261308 28.60515684 - ------------------------------------------------------------------------------------------------------------------------------------ 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 $164,379.22 $164,379.22 0.00000000 5.04166669 5.04166669 - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- Total $0.00 $164,379.22 $164,379.22 0.00000000 5.04166669 5.04166669 - --------------------------------------------------------------------------------------------------------------------------------- Section 5.8 (xiv) Reserve Fund Transfer Amount $ 1,325,391.53 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK - ------------------------------------------------------------------------------------------------------------------------------------