- ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-C STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== PERIOD 8 PAGE # 1 DETERMINATION: 10-Feb-99 Beginning 1/1/99 DISTRIBUTION: 16-Feb-99 Ending 1/31/99 TIME: 3/10/99 17:30 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 $33,793,344.83 $27,473,275.36 $167,855.30 $27,641,130.66 $6,320,069.47 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 $837,693,344.83 $27,473,275.36 $4,056,588.63 $31,529,863.99 $810,220,069.47 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 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 $870,582,556.28 $27,473,275.36 $4,221,034.69 $31,694,310.05 $843,109,280.92 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE - -------------------------------------------------------------------------------- A-1 106.48556341 0.65060194 24.49639329 -------------------- 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 25.87181030 3.82012302 762.99093085 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- B-1 0.00000000 5.00000008 1,000.00000000 - ------------------- ----------------- - -------------------------------------------------------------------------------- Certificate Totals 0.00000000 5.00000008 1,000.00000000 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- TOTALS 25.09457992 3.85556840 770.11106074 - -------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-C STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== - ------------------------------------------------------------------------------------------------------------------------------------ PERIOD 8 PAGE # 2 DETERMINATION: 10-Feb-99 Beginning 1/1/99 DISTRIBUTION: 16-Feb-99 Ending 1/31/99 TIME: 3/10/99 17:30 per $1000 Section 5.8 (iii) Servicing Fee $725,485.46 0.66267136 Section 5.8 (iv) Administration Fee $1,000.00 0.00091342 Section 5.8 (vi) Pool Balance at the end of the Collection Period $843,109,280.92 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable By Seller $0.00 By Servicer $19,963.40 TOTAL $19,963.40 Section 5.8 (viii) Realized Net Losses for Collection Period $336,780.59 Section 5.8 (ix) Reserve Account Balance after Disbursement $25,293,278.43 Section 5.8 (x) Specified Reserve Account Balance $25,293,278.43 Section 5.8 (xi) Total Distribution Amount $33,799,491.54 Servicing Fee $725,485.46 Administrative Fee $1,000.00 Noteholders' Distribution Amount $31,529,863.99 Certificateholders' Distribution Amount $ 164,446.06 Deposit to Reserve Account $1,378,696.03 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 $27,473,275.36 $167,855.30 $27,641,130.66 106.48556341 0.65060194 107.13616535 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 $27,473,275.36 $4,056,588.63 $31,529,863.99 25.87181030 3.82012302 29.69193332 - ------------------------------------------------------------------------------------------------------------------------------------ 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 $ 1,378,696.03 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK - ------------------------------------------------------------------------------------------------------------------------------------