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