Page 1
Chase Manhattan Auto Owner Trust 1998-B

                                                Statement to Certificateholders
                                                June 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    97,958,727.91    21,864,392.52     469,385.57   22,333,778.09      0.00      0.00      76,094,335.39
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   413,362,870.56    21,864,392.52   2,000,631.46   23,865,023.98      0.00      0.00     391,498,478.04




    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            305.16737667    68.11337234   1.46226034   69.57563268      237.05400433         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        380.48720023    20.12546866   1.84151678   21.96698544      360.36173158


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

                                                     June 15 2000
                                           STATEMENT TO CERTIFICATEHOLDERS


                                                                                          
                                                                Due Period                                        26
                                                                Due Period Beginning Date                   05/01/00
                                                                Due Period End Date                         05/31/00
                                                                Determination Date                          06/09/00

Section 5.8(iii)     Servicing Fee                                                                        344,469.06
Section 5.8(iii)     Servicing Fee per $1000                                                              0.31707267

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                                 391,498,478.04

Section 5.8(vii)     Repurchase Amounts for Repurchased Receivable
                     By Seller                                                                                  0.00
                     By Servicer                                                                           70,363.32
                     TOTAL                                                                                 70,363.32

Section 5.8(viii)    Realized Net Losses for Collection Period                                            201,790.84

Section 5.8(ix)      Reserve Account Balance after Disbursement                                        11,744,954.34

Section 5.8(x)       Specified Reserve Account Balance                                                 11,744,954.34

Section 5.8(xi)      Total Distribution Amount                                                         24,889,555.37
                     Servicing Fee                                                                        344,469.06
                     Administration Fee                                                                     1,000.00
                     Noteholders Distribution Amount                                                   23,700,644.76



                                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION



                                                                        Page 3
Chase Manhattan Auto Owner Trust 1998-B

                                           June 15 2000
        Certficateholders Distribution Amount                        164,379.22
        Deposit to Reserve Account                                   679,062.33