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