EXHIBIT 20.1
Page 1
Chase Manhattan Auto Owner Trust 1998-B
Statement to Certificateholders
March 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 321,000,000.00 163,717,927.06 21,883,287.28 784,481.73 22,667,769.01 0.00 0.00 141,834,639.78
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 1,086,404,142.65 479,122,069.71 21,883,287.280 2,315,727.62 24,199,014.90 0.00 0.00 457,238,782.43
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL PASS THRU
CLASS FACTOR PRINCIPAL INTEREST TOTAL FACTOR CLASS RATE
- ----- -------------- ----------- ---------- ----------- -------------- ----- ---------
A1 .00000000 .00000000 .00000000 .00000000 .00000000 A1 5.578000%
A2 .00000000 .00000000 .00000000 .00000000 .00000000 A2 5.729000%
A3 510.02469489 68.17223452 2.44386832 70.61610283 441.85246037 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 441.01642372 20.14286067 2.13155264 22.27441331 420.87356305
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Kimberly Costa
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-3247
Email: kimberly.k.costa@chase.com
Page 2
Chase Manhattan Auto Owner Trust 1998-B
March 15, 2000
STATEMENT TO CERTIFICATEHOLDERS
Due Period 23
Due Period Beginning Date 02/01/00
Due Period End Date 02/29/00
Determination Date 03/15/00
Section 5.8(iii) Servicing Fee 399,268.39
Section 5.8(iii) Servicing Fee per $1000 0.36751369
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 457,238,782.43
Section 5.8(vii) Repurchase Amounts for Repurchased Receivable
By Seller 0.00
By Servicer 66,640.99
TOTAL 66,640.99
Section 5.8(viii) Realized Net Losses for Collection Period 251,245.56
Section 5.8(ix) Reserve Account Balance after Disbursement 13,717,163.47
Section 5.8(x) Specified Reserve Account Balance 13,717,163.47
Section 5.8(xi) Total Distribution Amount 25,188,695.87
Servicing Fee 399,268.39
Administration Fee 1,000.00
Noteholders Distribution Amount 24,034,635.68
Page 3
Chase Manhattan Auto Owner Trust 1998-B
March 15, 2000
Certficateholders Distribution Amount 164,379.22
Deposit to Reserve Account 589,412.58