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