- -------------------------------------------------------------------------------- CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-B STATEMENT TO CERTIFICATEHOLDERS - -------------------------------------------------------------------------------- PERIOD 13 PAGE # 1 DETERMINATION: 10-May-99 Beginning 4/1/99 DISTRIBUTION: 17-May-99 Ending 4/30/99 TIME: 6/8/99 19:08 CLASS A-1 5.578% MONEY MARKET ASSET BACKED NOTES 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 $86,720,080.88 $27,360,371.29 $414,016.12 $27,774,387.41 $59,359,709.59 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 $690,520,080.88 $27,360,371.29 $3,319,007.79 $30,679,379.08 $663,159,709.59 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 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 $723,124,223.53 $27,360,371.29 $3,483,387.01 $30,843,758.30 $695,763,852.24 - ------------------------------------------------------------------------------------------------------------------------------------ FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE - ----------------------------------------------------------------------------- A-1 0.00000000 0.00000000 0.00000000 ------------------------------------------------------ A-2 136.80185645 2.07008060 296.79854795 ------------------------------------------------------ A-3 0.00000000 4.79166667 1,000.00000000 ------------------------------------------------------ A-4 0.00000000 4.83333335 1,000.00000000 - ----------------------------------------------------------------------------- Notes Totals 25.96353320 3.14956139 629.30319756 - ----------------------------------------------------------------------------- - ----------------------------------------------------------------------------- B-1 0.00000000 5.04166669 1,000.00000000 - ----------------------------------------------------------------------------- Certificate Totals 0.00000000 5.04166669 1,000.00000000 - ----------------------------------------------------------------------------- TOTALS 25.18433999 3.20634548 640.42820248 - ----------------------------------------------------------------------------- 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 13 PAGE #2 DETERMINATION: 10-May-99 Beginning 4/1/99 DISTRIBUTION: 17-May-99 Ending 4/30/99 TIME: 6/8/99 19:08 per $1000 --------- Section 5.8 (iii) Servicing Fee $602,603.52 0.55467712 Section 5.8 (iv) Administration Fee $1,000.00 0.00092047 Section 5.8 (vi) Pool Balance at the end of the Collection Period $695,763,852.24 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable By Seller $0.00 By Servicer $30,790.87 TOTAL $30,790.87 Section 5.8 (viii) Realized Net Losses for Collection Period $235,609.89 Section 5.8 (ix) Reserve Account Balance after Disbursement $20,872,915.57 Section 5.8 (x) Specified Reserve Account Balance $20,872,915.57 Section 5.8 (xi) Total Distribution Amount $32,626,175.21 Servicing Fee $602,603.52 Administrative Fee $1,000.00 Noteholders' Distribution Amount $30,679,379.08 Certificateholders' Distribution Amount $ 164,379.22 Deposit to Reserve Account $1,178,813.39 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 $27,360,371.29 $414,016.12 $27,774,387.41 136.80185645 2.07008060 138.87193705 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 $27,360,371.29 $3,319,007.79 $30,679,379.08 25.96353320 3.14956139 29.11309459 ----------------------------------------------------------------------------------------------------------------------------- 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 $ 1,178,813.39 (Copyright) COPYRIGHT 1998, CHASE MANHATTAN BANK - 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