- -------------------------------------------------------------------------------- CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-A STATEMENT TO CERTIFICATEHOLDERS ================================================================================ PERIOD 15 PAGE # 1 DETERMINATION: 10-May-99 Beginning 4/1/99 DISTRIBUTION: 17-May-99 Ending 4/30/99 TIME: 6/8/99 18:53 CLASS A-1 5.549% MONEY MARKET ASSET BACKED NOTES CLASS A-2 5.679% ASSET BACKED NOTES CLASS A-3 5.700% ASSET BACKED NOTES CLASS A-4 5.800% ASSET BACKED NOTES CLASS B-1 6.000% ASSET BACKED CERTIFICATES ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL INTEREST TOTAL END PRINCIPAL CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE - ----------------------------------------------------------------------------------------------------------------------------------- A-1 Notes $238,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 A-2 Notes $204,000,000.00 $49,272,175.58 $25,126,844.17 $233,180.57 $25,360,024.74 $24,145,331.41 A-3 Notes $294,000,000.00 $294,000,000.00 $0.00 $1,396,500.00 $1,396,500.00 $294,000,000.00 A-4 Notes $246,000,000.00 $246,000,000.00 $0.00 $1,189,000.00 $1,189,000.00 $246,000,000.00 - ----------------------------------------------------------------------------------------------------------------------------------- NOTE TOTALS $982,000,000.00 $589,272,175.58 $25,126,844.17 $2,818,680.57 $27,945,524.74 $564,145,331.41 - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- B-1 $30,620,164.79 $30,620,164.79 $0.00 $153,100.82 $153,100.82 $30,620,164.79 - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- CERTIFICATE TOTALS $30,620,164.79 $30,620,164.79 $0.00 $153,100.82 $153,100.82 $30,620,164.79 - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- TOTALS $1,012,620,164.79 $619,892,340.37 $25,126,844.17 $2,971,781.39 $28,098,625.56 $594,765,496.20 - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE - -------------------------------------------------------------------------------- A-1 0.00000000 0.00000000 0.00000000 ---------------------------------------------------------- A-2 123.17080475 1.14304201 118.35946770 ---------------------------------------------------------- A-3 0.00000000 4.75000000 1,000.00000000 ---------------------------------------------------------- A-4 0.00000000 4.83333333 1,000.00000000 - -------------------------------------------------------------------------------- Notes Totals 25.58741769 2.87034681 574.48608087 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- B-1 0.00000000 4.99999987 1,000.00000000 - -------------------------------------------------------------------------------- Certificate Totals 0.00000000 4.99999987 1,000.00000000 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- TOTALS 24.81369130 2.93474443 587.35300449 - -------------------------------------------------------------------------------- IF THERE ARE ANY QUESTIONS OR COMMENTS, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW - -------------------------------------------------------------------------------- KIM COSTA THE CHASE MANHATTAN BANK - ASPG 450 WEST 33RD STREET, 15TH FLOOR NEW YORK, NEW YORK 10001 (212) 946-3247 (Copyright) COPYRIGHT 1998, CHASE MANHATTAN BANK - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-A STATEMENT TO CERTIFICATEHOLDERS ================================================================================ PERIOD 15 PAGE # 2 DETERMINATION: 10-May-99 Beginning 4/1/99 DISTRIBUTION: 17-May-99 Ending 4/30/99 TIME: 6/8/99 18:53 per $1000 --------- Section 5.8 (iii) Servicing Fee $516,576.95 0.51013891 Section 5.8 (iv) Administration Fee $1,000.00 0.00098754 Section 5.8 (vi) Pool Balance at the end of the Collection Period $594,765,496.20 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable By Seller $0.00 By Servicer $163,361.46 TOTAL $163,361.46 Section 5.8 (viii) Realized Net Losses for Collection Period $148,844.02 Section 5.8 (ix) Reserve Account Balance after Disbursement $17,842,964.89 Section 5.8 (x) Specified Reserve Account Balance $17,842,964.89 Section 5.8 (xi) Total Distribution Amount $29,755,654.38 Servicing Fee $516,576.95 Administrative Fee $1,000.00 Noteholders' Distribution Amount $27,945,524.74 Certificateholders' Distribution Amount $ 153,100.82 Deposit to Reserve Account $1,139,451.87 Section 5.8 (xii) Noteholders' Distributable Amount --------------------------------------------------------------------------------------------------------------- Prin Int Total Class Principal Interest Total (per $1000/orig) (per $1000/orig) (per $1000/orig) ---------------------------------------------------------------------------------------------------------------- A-1 $0.00 $0.00 $0.00 0.00000000 0.00000000 0.00000000 A-2 $25,126,844.17 $233,180.57 $25,360,024.74 123.17080475 1.14304201 124.31384676 A-3 $0.00 $1,396,500.00 $1,396,500.00 0.00000000 4.75000000 4.75000000 A-4 $0.00 $1,189,000.00 $1,189,000.00 0.00000000 4.83333333 4.83333333 ---------------------------------------------------------------------------------------------------------------- Total $25,126,844.17 $2,818,680.57 $27,945,524.74 25.58741769 2.87034681 28.45776450 ---------------------------------------------------------------------------------------------------------------- Section 5.8 (xiii) Certificateholders' Distributable Amount ------------------------------------------------------------------------------------------------------------ Prin Int Total Class Principal Interest Total (per $1000/orig) (per $1000/orig) (per $1000/orig) ------------------------------------------------------------------------------------------------------------ B-1 $0.00 $153,100.82 $153,100.82 0.00000000 4.99999987 4.99999987 ------------------------------------------------------------------------------------------------------------ Total $0.00 $153,100.82 $153,100.82 0.00000000 4.99999987 4.99999987 ------------------------------------------------------------------------------------------------------------ Section 5.8 (xiv) Reserve Fund Transfer Amount $ 1,139,451.87 (Copyright) COPYRIGHT 1998, CHASE MANHATTAN BANK - 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