- -------------------------------------------------------------------------------- CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-B STATEMENT TO CERTIFICATEHOLDERS - -------------------------------------------------------------------------------- PERIOD 12 PAGE # 1 DETERMINATION: 9-Apr-99 Beginning 3/1/99 DISTRIBUTION: 15-Apr-99 Ending 3/31/99 TIME: 6/10/99 17:44 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 $117,492,649.65 $30,772,568.77 $560,929.49 $31,333,498.26 $86,720,080.88 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 $721,292,649.65 $30,772,568.77 $3,465,921.16 $34,238,489.93 $690,520,080.88 - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- 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 $753,896,792.30 $30,772,568.77 $3,630,300.38 $34,402,869.15 $723,124,223.53 - ----------------------------------------------------------------------------------------------------------------------------------- FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE - ------------------------------------------------------------------------------- A-1 0.00000000 0.00000000 0.00000000 -------------------------------------------------------- A-2 153.86284385 2.80464745 433.60040440 -------------------------------------------------------- A-3 0.00000000 4.79166667 1,000.00000000 -------------------------------------------------------- A-4 0.00000000 4.83333335 1,000.00000000 - ------------------------------------------------------------------------------- Notes Totals 29.20152664 3.28897434 655.26673076 - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- B-1 0.00000000 5.04166669 1,000.00000000 - ------------------------------------------------------------------------------- Certificate Totals 0.00000000 5.04166669 1,000.00000000 - ------------------------------------------------------------------------------- TOTALS 28.32515780 3.34157450 665.61254246 - ------------------------------------------------------------------------------- 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 12 PAGE #2 DETERMINATION: 9-Apr-99 Beginning 3/1/99 DISTRIBUTION: 15-Apr-99 Ending 3/31/99 TIME: 6/10/99 17:44 per $1000 --------- Section 5.8 (iii) Servicing Fee $628,247.33 0.57828142 Section 5.8 (iv) Administration Fee $1,000.00 0.00092047 Section 5.8 (vi) Pool Balance at the end of the Collection Period $723,124,223.53 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable By Seller $0.00 By Servicer $32,450.09 TOTAL $32,450.09 Section 5.8 (viii) Realized Net Losses for Collection Period $397,687.50 Section 5.8 (ix) Reserve Account Balance after Disbursement $21,693,726.71 Section 5.8 (x) Specified Reserve Account Balance $21,693,726.71 Section 5.8 (xi) Total Distribution Amount $36,323,055.46 Servicing Fee $628,247.33 Administrative Fee $1,000.00 Noteholders' Distribution Amount $34,238,489.93 Certificateholders' Distribution Amount $ 164,379.22 Deposit to Reserve Account $1,290,938.98 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 $30,772,568.77 $560,929.49 $31,333,498.26 153.86284385 2.80464745 156.66749130 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 $30,772,568.77 $3,465,921.16 $34,238,489.93 29.20152664 3.28897434 32.49050098 ----------------------------------------------------------------------------------------------------------------------------- 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 $ 1,290,938.98 (Copyright) COPYRIGHT 1998, CHASE MANHATTAN BANK - 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