Page 1 Chase Manhattan Auto Owner Trust 1998-C Statement to Certificateholders January 18 2000 DISTRIBUTION IN DOLLARS ORIGINAL PRIOR CURRENT FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE A1 258,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A2 195,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A3 325,000,000.00 267,424,418.14 21,247,125.29 1,292,551.35 22,539,676.64 0.00 0.00 246,177,292.85 A4 283,900,000.00 283,900,000.00 0.00 1,384,012.50 1,384,012.50 0.00 0.00 283,900,000.00 B1 32,889,211.45 25,077,595.52 657,127.59 125,387.98 782,515.57 0.00 0.00 24,420,467.93 TOTALS 1,094,789,211.45 576,402,013.66 21,904,252.880 2,801,951.83 24,706,204.71 0.00 0.00 554,497,760.78 FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES PRIOR CURRENT CURRENT PRINCIPAL PRINCIPAL CLASS PASS THRU CLASS FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE A1 .00000000 .00000000 .00000000 .00000000 .00000000 A1 5.588000 % A2 .00000000 .00000000 .00000000 .00000000 .00000000 A2 5.747000 % A3 822.84436351 65.37577012 3.97708108 69.35285120 757.46859338 A3 5.800000 % A4 1,000.00000000 .00000000 4.87500000 4.87500000 1,000.00000000 A4 5.850000 % B1 762.48698021 19.98003482 3.81243497 23.79246979 742.50694539 B1 6.000000 % TOTALS 526.49588399 20.00773542 2.55935280 22.56708821 506.48814857 IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Mark McDermott The Chase Manhattan Bank - Structured Finance Services 450 W. 33rd Street, 14th Floor, New York, New York 10001 Tel: (212) 946-7016 Email: mark.mcdermott@chase.com (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION Page 2 Chase Manhattan Auto Owner Trust 1998-C January 18 2000 STATEMENT TO CERTIFICATEHOLDERS Due Period 19 Due Period Beginning Date 12/01/99 Due Period End Date 12/31/99 Determination Date 01/10/00 Section 5.8(iii) Servicing Fee 480,335.01 Section 5.8(iii) Servicing Fee per $1000 0.43874657 Section 5.8(iv) Administration Fee 1,000.00 Section 5.8(iv) Administration Fee per $1000 0.00091342 Section 5.8(vi) Pool Balance at the end of the Collection Period 554,497,760.78 Section 5.8(vii) Repurchase Amounts for Repurchased Receivable By Seller 0.00 By Servicer 47,747.34 TOTAL 47,747.34 Section 5.8(viii) Realized Net Losses for Collection Period 259,765.00 Section 5.8(ix) Reserve Account Balance after Disbursement 16,634,932.82 Section 5.8(x) Specified Reserve Account Balance 16,634,932.82 Section 5.8(xi) Total Distribution Amount 25,750,002.19 Servicing Fee 480,335.01 Administration Fee 1,000.00 Noteholders Distribution Amount 23,923,689.14 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION Page 3 Chase Manhattan Auto Owner Trust 1998-C January 18 2000 Certficateholders Distribution Amount 782,515.57 Deposit to Reserve Account 562,462.47 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION