Page 1

Chase Manhattan Auto Owner Trust 1997-B

                         Statement to Certificateholders
                                February 15 2000



      DISTRIBUTION IN DOLLARS

         ORIGINAL         PRIOR                                                                                   CURRENT
         FACE             PRINCIPAL                                                         REALIZED   DEFERRED   PRINCIPAL
 CLASS   VALUE            BALANCE          PRINCIPAL        INTEREST       TOTAL               LOSES   INTEREST   BALANCE
                                                                                          
A1       200,000,000.00             0.00            0.00            0.00            0.00        0.00     0.00               0.00
A2       294,000,000.00             0.00            0.00            0.00            0.00        0.00     0.00               0.00
A3       227,000,000.00    18,889,524.94   14,505,902.76       99,957.07   14,605,859.83        0.00     0.00       4,383,622.18
A4       133,000,000.00   133,000,000.00            0.00      720,416.67      720,416.67        0.00     0.00     133,000,000.00
A5        70,000,000.00    70,000,000.00            0.00      385,000.00      385,000.00        0.00     0.00      70,000,000.00
B1        29,148,275.79    29,148,275.79            0.00      163,959.05      163,959.05        0.00     0.00      29,148,275.79
TOTALS   953,148,275.79   251,037,800.73   14,505,902.760   1,369,332.79   15,875,235.55        0.00     0.00     236,531,897.97




      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    5.744000 %
A2            .00000000     .00000000    .00000000     .00000000        .00000000    A2    6.100000 %
A3          83.21376626   63.90265533    .44033952   64.34299485      19.31111093    A3    6.350000 %
A4       1,000.00000000     .00000000   5.41666669    5.41666669   1,000.00000000    A4    6.500000 %
A5       1,000.00000000     .00000000   5.50000000    5.50000000   1,000.00000000    A5    6.600000 %
B1       1,000.00000000     .00000000   5.62499995    5.62499995   1,000.00000000    B1    6.750000 %
TOTALS     263.37749027   15.21893616   1.43664194   16.65557810     248.15855411


                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


                                                                          Page 2

Chase Manhattan Auto Owner Trust 1997-B

                         Statement to Certificateholders
                                February 15 2000

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 3

Chase Manhattan Auto Owner Trust 1997-B

                                February 15 2000
                         STATEMENT TO CERTIFICATEHOLDERS

                                         Due Period                           32
                                         Due Period Beginning Date      01/01/00
                                         Due Period End Date            01/31/00
                                         Determination Date             02/10/00

Section 5.8(iii)    Servicing Fee                                     209,198.17
Section 5.8(iii)    Servicing Fee per $1000                           0.21948124

Section 5.8(iv)     Administration Fee                                  1,000.00
Section 5.8(iv)     Administration Fee per $1000                      0.00104915

Section 5.8(vi)     Pool Balance at the end of the Collection
                    Period                                        236,531,897.97

Section 5.8(vii)    Repurchase Amounts for Repurchased Receivable
                    By Seller                                               0.00
                    By Servicer                                        80,359.76
                    TOTAL                                              80,359.76

Section 5.8(viii)   Realized Net Losses for Collection Period         203,878.38

Section 5.8(ix)     Reserve Account Balance after Disbursement      7,148,612.07

Section 5.8(x)      Specified Reserve Account Balance               7,148,612.07

Section 5.8(xi)     Total Distribution Amount                      16,398,166.33
                    Servicing Fee                                     209,198.17
                    Administration Fee                                  1,000.00
                    Noteholders Distribution Amount                15,711,276.50

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


                                                                          Page 4

Chase Manhattan Auto Owner Trust 1997-B

                                February 15 2000

            Certficateholders Distribution Amount                     163,959.05
            Deposit to Reserve Account                                312,732.61

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION