- -------------------------------------------------------------------------------- CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-B STATEMENT TO CERTIFICATEHOLDERS - -------------------------------------------------------------------------------- PERIOD 11 PAGE # 1 DETERMINATION: 10-Mar-99 Beginning 2/1/99 DISTRIBUTION: 15-Mar-99 Ending 2/28/99 TIME: 4/15/99 12:08 CLASS A-1 5.578% MONEY MARKET ASSET BACK CLASS A-2 5.729% ASSET BACKED NOTES CLASS A-3 5.750% ASSET BACKED NOTES CLASS A-4 5.800% ASSET BACKED NOTES CLASS B-1 6.050% ASSET BACKED CERTIFICATES ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL INTEREST TOTAL END PRINCIPAL CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE - ----------------------------------------------------------------------------------------------------------------------------------- A-1 Notes $250,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 A-2 Notes $200,000,000.00 $144,848,488.28 $27,358,636.63 $691,535.60 $28,048,374.23 $117,482,049.05 A-3 Notes $321,000,000.00 $321,000,000.00 $0.00 $1,538,125.00 $1,538,125.00 $321,000,000.00 A-4 Notes $282,800,000.00 $282,800,000.00 $0.00 $1,366,866.67 $1,366,866.67 $282,800,000.00 - ----------------------------------------------------------------------------------------------------------------------------------- NOTE TOTALS $1,053,800,000.00 $748,648,488.28 $27,358,636.63 $3,596,527.27 $30,953,365.90 $721,282,009.05 - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- B-1 $32,604,142.65 $32,604,142.65 $0.00 $164,379.22 $164,379.22 $32,604,142.65 - ----------------------------------------------------------------------------------------------------------------------------------- CERTIFICATE TOTALS $32,604,142.65 $32,604,142.65 $0.00 $164,379.22 $164,379.22 $32,604,142.65 - ----------------------------------------------------------------------------------------------------------------------------------- TOTALS $1,086,404,142.65 $781,253,630.93 $27,356,838.63 $3,760,906.49 $31,117,745.12 $753,896,792.30 - ----------------------------------------------------------------------------------------------------------------------------------- FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE - ------------------------------------------------------------------------------- A-1 0.00000000 0.00000000 0.00000000 -------------------------------------------------------- A-2 136.78419315 3.45767800 587.46324825 -------------------------------------------------------- A-3 0.00000000 4.79166667 1,000.00000000 -------------------------------------------------------- A-4 0.00000000 4.83333335 1,000.00000000 - ------------------------------------------------------------------------------- Notes Totals 25.18108820 3.41291257 684.46825740 - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- B-1 0.00000000 5.04166669 1,000.00000000 - ------------------------------------------------------------------------------- Certificate Totals 0.00000000 5.04166669 1,000.00000000 - ------------------------------------------------------------------------------- TOTALS 25.18108820 3.45178322 693.93770026 - ------------------------------------------------------------------------------- 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-B STATEMENT TO CERTIFICATEHOLDERS - -------------------------------------------------------------------------------- PERIOD 11 PAGE #2 DETERMINATION: 10-Mar-99 Beginning 2/1/99 DISTRIBUTION: 15-Mar-99 Ending 2/28/99 TIME: 4/13/99 12:06 per $1000 --------- Section 5.8 (iii) Servicing Fee $651,044.69 0.59926565 Section 5.8 (iv) Administration Fee $1,000.00 0.00092047 Section 5.8 (vi) Pool Balance at the end of the Collection Period $753,896,792.30 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable By Seller $0.00 By Servicer $34,621.49 TOTAL $34,621.49 Section 5.8 (viii) Realized Net Losses for Collection Period $292,002.08 Section 5.8 (ix) Reserve Account Balance after Disbursement $22,616,903.77 Section 5.8 (x) Specified Reserve Account Balance $22,616,903.77 Section 5.8 (xi) Total Distribution Amount $32,546,152.52 Servicing Fee $651,044.89 Administrative Fee $1,000.00 Noteholders' Distribution Amount $30,953,656.90 Certificateholders' Distribution Amount $ 164,379.22 Deposit to Reserve Account $ 776,362.71 Section 5.8 (xii) Noteholders' Distributable Amount ----------------------------------------------------------------------------------------------------------------------------- Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig) ----------------------------------------------------------------------------------------------------------------------------- A-1 $0.00 $0.00 $0.00 0.00000000 0.00000000 0.00000000 A-2 $27,356.838.63 $691,535.60 $28,048,374.23 136.78419315 3.45767800 140.24187115 A-3 $0.00 $1,538,125.00 $1,538,125.00 0.00000000 4.79166667 4.79166667 A-4 $0.00 $1,366,866.67 $1,366,866.67 0.00000000 4.83333335 4.83333335 ----------------------------------------------------------------------------------------------------------------------------- Total $27,356,838.63 $3,596,527.27 $30,953,365.90 25.96018090 3.41291257 29.37308347 ----------------------------------------------------------------------------------------------------------------------------- Section 5.8 (xiii) Certificateholders' Distributable Amount ----------------------------------------------------------------------------------------------------------------------------- Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig) ----------------------------------------------------------------------------------------------------------------------------- B-1 $0.00 $164,379.22 $164,379.22 0.00000000 5.04166669 5.04166669 ----------------------------------------------------------------------------------------------------------------------------- Total $0.00 $164,379.22 $164,379.22 0.00000000 5.04166669 5.04166669 ----------------------------------------------------------------------------------------------------------------------------- Section 5.8 (xiv) Reserve Fund Transfer Amount $ 776,362.71 (Copyright) COPYRIGHT 1998, CHASE MANHATTAN BANK - 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