Page 1 Chase Manhattan Auto Owner Trust 1998-B Statement to Certificateholders August 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 56,684,275.50 19,328,708.85 271,612.15 19,600,321.00 0.00 0.00 37,355,566.65 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 1,086,404,142.65 372,088,418.15 19,328,708.850 1,802,858.04 21,131,566.89 0.00 0.00 352,759,709.30 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 .00000000 .00000000 .00000000 .00000000 .00000000 A1 5.578000 % A2 .00000000 .00000000 .00000000 .00000000 .00000000 A2 5.729000 % A3 176.58652804 60.21404626 .84614377 61.06019003 116.37248178 A3 5.750000 % A4 1,000.00000000 .00000000 4.83333335 4.83333335 1,000.00000000 A4 5.800000 % B1 1,000.00000000 .00000000 5.04166669 5.04166669 1,000.00000000 B1 6.050000 % TOTALS 342.49539701 17.79145356 1.65947272 19.45092628 324.70394345 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 August 15 2000 STATEMENT TO CERTIFICATEHOLDERS Due Period 28 Due Period Beginning Date 07/01/00 Due Period End Date 07/31/00 Determination Date 08/10/00 Section 5.8(iii) Servicing Fee 310,073.68 Section 5.8(iii) Servicing Fee per $1000 0.28541283 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 352,759,709.30 Section 5.8(vii) Repurchase Amounts for Repurchased Receivable By Seller 0.00 By Servicer 49,228.79 TOTAL 49,228.79 Section 5.8(viii) Realized Net Losses for Collection Period 194,949.95 Section 5.8(ix) Reserve Account Balance after Disbursement 10,582,791.28 Section 5.8(x) Specified Reserve Account Balance 10,582,791.28 Section 5.8(xi) Total Distribution Amount 21,985,294.31 Servicing Fee 310,073.68 Administration Fee 1,000.00 Noteholders Distribution Amount 20,967,187.67 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION Page 3 Chase Manhattan Auto Owner Trust 1998-B August 15 2000 Certficateholders Distribution Amount 164,379.22 Deposit to Reserve Account 542,653.74 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION