Page 1


Chase Manhattan Auto Owner Trust 1998-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         250,000,000.00             0.00             0.00           0.00            0.00      0.00       0.00              0.00
A2         200,000,000.00             0.00             0.00           0.00            0.00      0.00       0.00              0.00
A3         321,000,000.00   185,079,828.90    21,361,901.84     886,840.85   22,248,742.69      0.00       0.00    163,717,927.06
A4         282,800,000.00   282,800,000.00             0.00   1,366,866.67    1,366,866.67      0.00       0.00    282,800,000.00
B1          32,604,142.65    32,604,142.65             0.00     164,379.22      164,379.22      0.00       0.00     32,604,142.65
TOTALS   1,086,404,142.65   500,483,971.55   21,361,901.840   2,418,086.74   23,779,988.58      0.00       0.00    479,122,069.71




    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              5.578000 %
A2                .00000000        .00000000      .00000000      .00000000         .00000000          A2              5.729000 %
A3             576.57267570      66.54798081     2.76274408    69.31072489      510.02469489          A3              5.750000 %
A4           1,000.00000000        .00000000     4.83333335     4.83333335    1,000.00000000          A4              5.800000 %
B1           1,000.00000000        .00000000     5.04166669     5.04166669    1,000.00000000          B1              6.050000 %
TOTALS         460.67936590      19.66294218     2.22577091    21.88871309      441.01642372


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-B

                                February 15 2000
                         STATEMENT TO CERTIFICATEHOLDERS

                                     Due Period                               22
                                     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                                             417,069.98
Section 5.8(iii)   Servicing Fee per $1000                                   0.38389948

Section 5.8(iv)    Administration Fee                                          1,000.00
Section 5.8(iv)    Administration Fee per $1000                              0.00092047

Section 5.8(vi)    Pool Balance at the end of the Collection Period      479,122,069.71

Section 5.8(vii)   Repurchase Amounts for Repurchased Receivable
                   By Seller                                                       0.00
                   By Servicer                                                 6,461.29
                   TOTAL                                                       6,461.29

Section 5.8(viii)  Realized Net Losses for Collection Period                 160,110.51

Section 5.8(ix)    Reserve Account Balance after Disbursement             14,373,662.09

Section 5.8(x)     Specified Reserve Account Balance                      14,373,662.09

Section 5.8(xi)    Total Distribution Amount                              25,266,948.67
                   Servicing Fee                                             417,069.98
                   Administration Fee                                          1,000.00
                   Noteholders Distribution Amount                        23,615,609.36


                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

                                                                          Page 3


Chase Manhattan Auto Owner Trust 1998-B

                                February 15 2000


                                                                        
                   Certficateholders Distribution Amount                     164,379.22
                   Deposit to Reserve Account                              1,068,890.11


                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION