Page 1

Chase Manhattan Auto Owner Trust 1997-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        200,000,000.00              0.00             0.00            0.00             0.00      0.00      0.00                0.00
A2        294,000,000.00              0.00             0.00            0.00             0.00      0.00      0.00                0.00
A3        227,000,000.00              0.00             0.00            0.00             0.00      0.00      0.00                0.00
A4        133,000,000.00    106,630,623.48    12,492,899.39      577,582.54    13,070,481.93      0.00      0.00       94,137,724.09
A5         70,000,000.00     70,000,000.00             0.00      385,000.00       385,000.00      0.00      0.00       70,000,000.00
B1         29,148,275.79     29,148,275.79             0.00      163,959.05       163,959.05      0.00      0.00       29,148,275.79
TOTALS    953,148,275.79    205,778,899.27    12,492,899.39    1,126,541.59    13,619,440.98      0.00      0.00      193,285,999.88




    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                  5.744000 %
A2             0.00000000     0.00000000    0.00000000     0.00000000        0.00000000              A2                  6.100000 %
A3             0.00000000     0.00000000    0.00000000     0.00000000        0.00000000              A3                  6.350000 %
A4           801.73401113    93.93157436    4.34272586    98.27430023      707.80243677              A4                  6.500000 %
A5         1,000.00000000     0.00000000    5.50000000     5.50000000    1,000.00000000              A5                  6.600000 %
B1         1,000.00000000     0.00000000    5.62499995     5.62499995    1,000.00000000              B1                  6.750000 %
TOTALS       215.89390077    13.10698420    1.18191641    14.28890061      202.78691657




                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION




                                                                          Page 2
Chase Manhattan Auto Owner Trust 1997-B
                         Statement to Certificateholders
                                   May 15 2000







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 3
Chase Manhattan Auto Owner Trust 1997-B
                                   May 15 2000
                         STATEMENT TO CERTIFICATEHOLDERS


                                                                                                                   
                                 Due Period                                                                                       35
                                 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                                                                                          171,482.42
Section 5.8(iii)   Servicing Fee per $1000                                                                                0.17991159

Section 5.8(iv)    Administration Fee                                                                                       1,000.00
Section 5.8(iv)    Administration Fee per $1000                                                                           0.00104915

Section 5.8(vi)    Pool Balance at the end of the Collection Period                                                   193,285,999.88

Section 5.8(vii)   Repurchase Amounts for Repurchased Receivable
                   By Seller                                                                                                    0.00
                   By Servicer                                                                                             51,947.65
                   TOTAL                                                                                                   51,947.65

Section 5.8(viii)  Realized Net Losses for Collection Period                                                               44,452.13

Section 5.8(ix)    Reserve Account Balance after Disbursement                                                           7,148,612.07

Section 5.8(x)     Specified Reserve Account Balance                                                                    7,148,612.07

Section 5.8(xi)    Total Distribution Amount                                                                           13,953,710.22
                   Servicing Fee                                                                                          171,482.42
                   Administration Fee                                                                                       1,000.00
                   Noteholders Distribution Amount                                                                     13,455,481.93

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION





                                                                          Page 4
Chase Manhattan Auto Owner Trust 1997-B
                                   May 15 2000


                                                                                                                       
                   Certficateholders Distribution Amount                                                                  163,959.05
                   Deposit to Reserve Account                                                                             161,786.82




                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION