- --------------------------------------------------------------------------------
CHASE MANHATTAN AUTO OWNER TRUST
SERIES 1998-C
STATEMENT TO CERTIFICATEHOLDERS
================================================================================
PERIOD 11 PAGE # 1
DETERMINATION: 10-May-99 Beginning 4/1/1999
DISTRIBUTION: 17-May-99 Ending 4/30/1999
TIME: 6/8/1999 19:25
CLASS A-1 5.588% ASSET BACKED NOTES
CLASS A-2 5.747% ASSET BACKED NOTES
CLASS A-3 5.800% ASSET BACKED NOTES
CLASS A-4 5.850% ASSET BACKED NOTES
CLASS B-1 6.000% ASSET BACKED CERTIFICATES
ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL
CLASS BALANCE BALANCE DISTRIBUTION
- -----------------------------------------------------------------------------------------
A-1 Notes $258,000,000.00 $0.00 $0.00
A-2 Notes $195,000,000.00 $143,899,911.20 $27,452,357.77
A-3 Notes $325,000,000.00 $325,000,000.00 $0.00
A-4 Notes $283,900,000.00 $283,900,000.00 $0.00
- -----------------------------------------------------------------------------------------
NOTE TOTALS $1,061,900,000.00 $752,799,911.20 $27,452,357.77
- -----------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------
B-1 $32,889,211.45 $31,308,796.33 $849,041.99
- -----------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------
CERTIFICATE TOTALS $32,889,211.45 $31,308,796.33 $849,041.99
- -----------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------
TOTALS $1,094,789,211.45 $784,108,707.53 $28,301,399.76
- -----------------------------------------------------------------------------------------
INTEREST TOTAL END PRINCIPAL
CLASS DISTRIBUTION DISTRIBUTION BALANCE
- ----------------------------------------------------------------------------------------
A-1 Notes $0.00 $0.00 $0.00
A-2 Notes $689,160.66 $28,141,518.43 $116,447,553.43
A-3 Notes $1,570,833.33 $1,570,833.33 $325,000,000.00
A-4 Notes $1,384,012.50 $1,384,012.50 $283,900,000.00
- ----------------------------------------------------------------------------------------
NOTE TOTALS $3,644,006.49 $31,096,364.26 $725,347,553.43
- ----------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------
B-1 $156,543.98 $1,005,585.97 $30,459,754.34
- ----------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------
CERTIFICATE TOTALS $156,543.98 $1,005,585.97 $30,459,754.34
- ----------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------
TOTALS $3,800,550.47 $32,101,950.23 $755,807,307.77
- ----------------------------------------------------------------------------------------
FACTOR INFORMATION PER $1,000
PRINCIPAL INTEREST END PRINCIPAL
CLASS DISTRIBUTION DISTRIBUTION BALANCE
- -------------------------------------------------------------------------------
A-1 0.00000000 0.00000000 0.00000000
--------------------------------------------------------
A-2 140.78132190 3.53415723 597.16694067
--------------------------------------------------------
A-3 0.00000000 4.83333332 1,000.00000000
--------------------------------------------------------
A-4 0.00000000 4.87500000 1,000.00000000
- -------------------------------------------------------------------------------
Notes Totals 25.85211204 3.43159101 683.06578155
- -------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
B-1 25.81521273 4.75973649 926.13209612
- -------------------------------------------------------------------------------
Certificate Totals 25.81521273 4.75973649 926.13209612
- -------------------------------------------------------------------------------
TOTALS 25.85100352 3.47149061 690.36788074
- -------------------------------------------------------------------------------
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
(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
- -------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
CHASE MANHATTAN AUTO OWNER TRUST
SERIES 1998-C
STATEMENT TO CERTIFICATEHOLDERS
===============================================================================
PERIOD 11 PAGE # 2
DETERMINATION: 10-May-99 Beginning 4/1/1999
DISTRIBUTION: 17-May-99 Ending 4/30/1999
TIME: 6/8/1999 19:25
per $1000
---------
Section 5.8 (iii) Servicing Fee $653,423.92 0.59684907
Section 5.8 (iv) Administration Fee $1,000.00 0.00091342
Section 5.8 (vi) Pool Balance at the end of the Collection Period $755,807,307.77
Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable
By Seller $0.00
By Servicer $93,931.80
TOTAL $93,931.80
Section 5.8 (viii) Realized Net Losses for Collection Period $132,494.85
Section 5.8 (ix) Reserve Account Balance after Disbursement $22,674,219.23
Section 5.8 (x) Specified Reserve Account Balance $22,674,219.23
Section 5.8 (xi) Total Distribution Amount $34,080,245.02
Servicing Fee $653,423.92
Administrative Fee $1,000.00
Noteholders' Distribution Amount $31,096,364.26
Certificateholders' Distribution Amount $ 1,005,585.97
Deposit to Reserve Account $ 1,323,870.87
Section 5.8 (xii) Noteholders' Distributable Amount
- --------------------------------------------------------------------
Class Principal Interest Total
- --------------------------------------------------------------------
A-1 $0.00 $0.00 $0.00
A-2 $27,452,357.77 $689,160.66 $28,141,518.43
A-3 $0.00 $1,570,833.33 $1,570,833.33
A-4 $0.00 $1,384,012.50 $1,384,012.50
- --------------------------------------------------------------------
Total $27,452,357.77 $3,644,006.49 $31,096,364.26
- --------------------------------------------------------------------
- -------------------------------------------------------------------------------------
Class Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig)
- -------------------------------------------------------------------------------------
A-1 0.00000000 0.00000000 0.00000000
A-2 140.78132190 3.53415723 144.31547913
A-3 0.00000000 4.83333332 4.83333332
A-4 0.00000000 4.87500000 4.87500000
- -------------------------------------------------------------------------------------
Total 25.85211204 3.43159101 29.28370304
- -------------------------------------------------------------------------------------
Section 5.8 (xiii) Certificateholders' Distributable Amount
- ---------------------------------------------------------
Class Principal Interest Total
- ---------------------------------------------------------
B-1 $849,041.99 $156,543.98 $1,005,585.97
- ---------------------------------------------------------
Total $849,041.99 $156,543.98 $1,005,585.97
- ---------------------------------------------------------
- ----------------------------------------------------------------------------------
Class Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig)
- ----------------------------------------------------------------------------------
B-1 25.81521273 4.75973649 30.57494922
- ----------------------------------------------------------------------------------
Total 25.81521273 4.75973649 30.57494922
- ----------------------------------------------------------------------------------
Section 5.8 (xiv) Reserve Fund Transfer Amount $ 1,323,870.87
(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
- --------------------------------------------------------------------------------