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