Page 1 Chase Manhattan Auto Owner Trust 1998-B Statement to Certificateholders May 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 321,000,000.00 117,527,324.78 19,568,596.87 563,151.76 20,131,748.63 0.00 0.00 97,958,727.91 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 1,086,404,142.65 432,931,467.43 19,568,596.87 2,094,397.65 21,662,994.52 0.00 0.00 413,362,870.56 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 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A1 5.578000 % A2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A2 5.729000 % A3 366.12873763 60.96136097 1.75436685 62.71572782 305.16737667 A3 5.750000 % A4 1,000.00000000 0.00000000 4.83333335 4.83333335 1,000.00000000 A4 5.800000 % B1 1,000.00000000 0.00000000 5.04166669 5.04166669 1,000.00000000 B1 6.050000 % TOTALS 398.49946298 18.01226275 1.92782554 19.94008829 380.48720023 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 May 15 2000 STATEMENT TO CERTIFICATEHOLDERS Due Period 25 Due Period Beginning Date 04/01/00 Due Period End Date 04/30/00 Determination Date 05/10/00 Section 5.8(iii) Servicing Fee 360,776.22 Section 5.8(iii) Servicing Fee per $1000 0.33208288 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 413,362,870.56 Section 5.8(vii) Repurchase Amounts for Repurchased Receivable By Seller 0.00 By Servicer 32,888.55 TOTAL 32,888.55 Section 5.8(viii) Realized Net Losses for Collection Period 110,807.92 Section 5.8(ix) Reserve Account Balance after Disbursement 12,400,886.12 Section 5.8(x) Specified Reserve Account Balance 12,400,886.12 Section 5.8(xi) Total Distribution Amount 22,366,129.23 Servicing Fee 360,776.22 Administration Fee 1,000.00 Noteholders Distribution Amount 21,498,615.30 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION Page 3 Chase Manhattan Auto Owner Trust 1998-B May 15 2000 Certficateholders Distribution Amount 164,379.22 Deposit to Reserve Account 341,358.49 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION