Page 1

Chase Manhattan Auto Owner Trust 1998-C

                         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         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   246,177,292.85   21,579,251.28    1,189,856.92   22,769,108.20       0.00     0.00     224,598,041.57
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    24,420,467.93      667,399.52      122,102.34      789,501.86       0.00     0.00      23,753,068.41
TOTALS   1,094,789,211.45   554,497,760.78   22,246,650.800   2,695,971.76   24,942,622.56       0.00     0.00     532,251,109.98




      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         757.46859338   66.39769625   3.66109822   70.05879446     691.07089714      A3   5.800000 %
A4       1,000.00000000     .00000000   4.87500000    4.87500000   1,000.00000000      A4   5.850000 %
B1         742.50694539   20.29235395   3.71253474   24.00488869     722.21459144      B1   6.000000 %
TOTALS     506.48814857   20.32048779   2.46254871   22.78303650     486.16766078


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

                                February 15 2000
                         STATEMENT TO CERTIFICATEHOLDERS

                                         Due Period                           20
                                         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                                     462,081.47
Section 5.8(iii)    Servicing Fee per $1000                           0.42207346

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                                        532,251,109.98

Section 5.8(vii)    Repurchase Amounts for Repurchased Receivable
                    By Seller                                               0.00
                    By Servicer                                        46,476.31
                    TOTAL                                              46,476.31

Section 5.8(viii)   Realized Net Losses for Collection Period         180,612.43

Section 5.8(ix)     Reserve Account Balance after Disbursement     15,967,533.30

Section 5.8(x)      Specified Reserve Account Balance              15,967,533.30

Section 5.8(xi)     Total Distribution Amount                      26,544,156.31
                    Servicing Fee                                     462,081.47
                    Administration Fee                                  1,000.00
                    Noteholders Distribution Amount                24,153,120.70

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION



                                                                          Page 3

Chase Manhattan Auto Owner Trust 1998-C

                                February 15 2000

                  Certficateholders Distribution Amount               789,501.86
                  Deposit to Reserve Account                        1,138,452.28

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION