Exhibit 20.1 - -------------------------------------------------------------------------------- CHASE MANHATTAN AUTO OWNER TRUST SERIES 1997-B STATEMENT TO CERTIFICATEHOLDERS - -------------------------------------------------------------------------------- PERIOD 21 PAGE # 1 DETERMINATION: 10-Mar-99 Beginning 2/1/99 DISTRIBUTION: 15-Mar-99 Ending 2/28/99 TIME: 4/13/99 11:43 CLASS A-1 5.744% MONEY MARKET ASSET BACKED NOTES CLASS A-2 6.100% ASSET BACKED NOTES CLASS A-3 6.350% ASSET BACKED NOTES CLASS A-4 6.500% ASSET BACKED NOTES CLASS A-5 6.600% ASSET BACKED NOTES CLASS B-1 6.750% ASSET BACKED CERTIFICATES ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL INTEREST TOTAL END PRINCIPAL CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE - ------------------------------------------------------------------------------------------------------------------------------------ A-1 Notes $200,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 A-2 Notes $294,000,000.00 $1,177,523.75 $1,177,523.75 $5,985.75 $1,183,509.50 $0.00 A-3 Notes $227,000,000.00 $227,000,000.00 $18,903,511.82 $1,201,208.33 $20,104,720.15 $208,096,488.18 A-4 Notes $133,000,000.00 $133,000,000.00 $0.00 $720,416.67 $720,416.67 $133,000,000.00 A-5 Notes $70,000,000.00 $70,000,000.00 $0.00 $385,000.00 $385,000.00 $70,000,000.00 - ------------------------------------------------------------------------------------------------------------------------------------ NOTE TOTALS $924,000,000.00 $431,177,523.75 $20,081,035.57 $2,312,610.75 $22,393,646.32 $411,096,488.18 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ B-1 $29,148,275.79 $29,148,275.79 $0.00 $163,959.05 $163,959.05 $29,148,275.79 - ------------------------------------------------------------------------------------------------------------------------------------ CERTIFICATE TOTALS $29,148,275.79 $29,148,275.79 $0.00 $163,959.05 $163,959.05 $29,148,275.79 - ------------------------------------------------------------------------------------------------------------------------------------ TOTALS $953,148,275.79 $460,325,799.54 $38,984,547.39 $2,476,569.80 $22,557,605.37 $440,244,763.97 - ------------------------------------------------------------------------------------------------------------------------------------ FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE - -------------------------------------------------------------------------------- A-1 0.00000000 0.00000000 0.00000000 ------------------------------------------------------ A-2 4.00518282 0.02035969 0.00000000 ------------------------------------------------------ A-3 83.27538247 5.29166665 916.72461753 ------------------------------------------------------ A-4 0.00000000 5.41666669 1,000.00000000 ------------------------------------------------------ A-5 0.00000000 5.50000000 1,000.00000000 - -------------------------------------------------------------------------------- Notes Totals 21.73272248 2.50282549 444.90961924 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- B-1 0.00000000 5.62499995 1,000.00000000 - -------------------------------------------------------------------------------- Certificate Totals 0.00000000 5.62499995 1,000.00000000 - -------------------------------------------------------------------------------- TOTALS 40.90082139 2.59830486 461.88486634 - -------------------------------------------------------------------------------- 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 1997-B STATEMENT TO CERTIFICATEHOLDERS - -------------------------------------------------------------------------------- PERIOD 21 PAGE # 2 DETERMINATION: 10-Mar-99 Beginning 2/1/99 DISTRIBUTION: 15-Mar-99 Ending 2/28/99 TIME: 4/13/99 11:63 Section 5.8 (iii) Servicing Fee $383,604.83 0.40246081 Section 5.8 (iv) Administration Fee $1,000.00 0.00104915 Section 5.8 (vi) Pool Balance at the end of the Collection Period $440,244,763.97 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable By Seller $0.00 By Servicer $102,157.48 TOTAL $102,157.48 Section 5.8 (viii) Realized Net Losses for Collection Period $338,209.02 Section 5.8 (ix) Reserve Account Balance after Disbursement $13,207,342.92 Section 5.8 (x) Specified Reserve Account Balance $13,207,342.92 Section 5.8 (xi) Total Distribution Amount $23,207,052.58 Servicing Fee $383,604.83 Administrative Fee $1,000.00 Noteholders' Distribution Amount $22,393,646.32 Certificateholders' Distribution Amount $163,959.05 Deposit to Reserve Account $264,842.38 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 $1,177,523.75 $5,985.75 $1,183,509.50 4.00518282 0.02035969 4.02554252 A-3 $18,903,511.82 $1,201,208.33 $20,104,720.15 83.27538247 5.29166665 88.56704912 A-4 $0.00 $720,416.67 $720,416.67 0.00000000 5.41666669 5.41666669 A-5 $0.00 $385,000.00 $385,000.00 0.00000000 5.50000000 5.50000000 ------------------------------------------------------------------------------------------------------------------------ Total $20,081,035.57 $2,312,610.75 $22,393,646.32 21.73272248 2.50282549 24.23554797 ------------------------------------------------------------------------------------------------------------------------ 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 $163,959.05 $163,959.05 0.00000000 5.62499995 5.62499995 ------------------------------------------------------------------------------------------------------------------------ Total $0.00 $163,959.05 $163,959.05 0.00000000 5.62499995 5.62499995 ------------------------------------------------------------------------------------------------------------------------ Section 5.8 (xiv) Reserve Fund Transfer Amount $ 264,842.38 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK - 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