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