Exhibit 20.1 Page 1 Chase Manhattan Auto Owner Trust 1998-B Statement to Certificateholders April 17 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 321,000,000.00 141,834,639.78 24,307,315.00 679,624.32 24,986,939.32 0.00 0.00 117,527,324.78 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 1,086,404,142.65 457,238,782.43 24,307,315.000 2,210,870.21 26,518,185.21 0.00 0.00 432,931,467.43 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 441.85246037 75.72372274 2.11720972 77.84093246 366.12873763 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 420.87356305 22.37410007 2.03503478 24.40913484 398.49946298 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 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION Page 2 Chase Manhattan Auto Owner Trust 1998-B April 17 2000 STATEMENT TO CERTIFICATEHOLDERS Due Period 24 Due Period Beginning Date 03/01/00 Due Period End Date 03/31/00 Determination Date 04/10/00 Section 5.8(iii) Servicing Fee 381,032.32 Section 5.8(iii) Servicing Fee per $1000 0.35072797 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 432,931,467.43 Section 5.8(vii) Repurchase Amounts for Repurchased Receivable By Seller 0.00 By Servicer 114,840.70 TOTAL 114,840.70 Section 5.8(viii) Realized Net Losses for Collection Period 292,250.96 Section 5.8(ix) Reserve Account Balance after Disbursement 12,987,944.02 Section 5.8(x) Specified Reserve Account Balance 12,987,944.02 Section 5.8(xi) Total Distribution Amount 27,416,500.22 Servicing Fee 381,032.32 Administration Fee 1,000.00 Noteholders Distribution Amount 26,353,805.99 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION Page 3 Chase Manhattan Auto Owner Trust 1998-B April 17 2000 Certficateholders Distribution Amount 164,379.22 Deposit to Reserve Account 516,282.69 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION