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