CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-A STATEMENT TO CERTIFICATEHOLDERS - -------------------------------------------------------------------------------- PERIOD 17 PAGE # 1 DETERMINATION: 09-Jul-1999 Beginning 6/1/99 DISTRIBUTION: 15-Jul-1999 Ending 6/30/99 TIME: 7/22/99 17:25 CLASS A-1 5.549% MONEY MARKET ASSET BACKED NOTES CLASS A-2 5.679% ASSET BACKED NOTES CLASS A-3 5.700% ASSET BACKED NOTES CLASS A-4 5.800% ASSET BACKED NOTES CLASS B-1 6.000% ASSET BACKED CERTIFICATES ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL INTEREST TOTAL END PRINCIPAL CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE - -------------------------------------------------------------------------------------------------------------------------------- A-1 Notes $ 238,000,000.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 A-2 Notes $ 204,000,000.00 $ 1,447,441.30 $ 1,447,441.30 $ 6,850.02 $ 1,454,291.32 $ 0.00 A-3 Notes $ 294,000,000.00 $294,000,000.00 $24,220,120.89 $1,396,500.00 $25,616,620.89 $269,779,879.11 A-4 Notes $ 246,000,000.00 $246,000,000.00 $ 0.00 $1,189,000.00 $ 1,189,000.00 $246,000,000.00 - -------------------------------------------------------------------------------------------------------------------------------- NOTE TOTALS $ 982,000,000.00 $541,447,441.30 $25,667,562.19 $2,592,350.02 $28,259,912.21 $515,779,879.11 - -------------------------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------------------- B-1 $ 30,620,164.79 $ 30,620,164.79 $ 0.00 $ 153,100.82 $ 153,100.82 $ 30,620,164.79 - -------------------------------------------------------------------------------------------------------------------------------- CERTIFICATE TOTALS $ 30,620,164.79 $ 30,620,164.79 $ 0.00 $ 153,100.82 $ 153,100.82 $ 30,620,164.79 - -------------------------------------------------------------------------------------------------------------------------------- TOTALS $1,012,620,164.79 $572,067,606.09 $25,667,562.19 $2,745,450.84 $28,413,013.03 $546,400,043.90 - -------------------------------------------------------------------------------------------------------------------------------- FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE - ----------------------------------------------------------------------------------------------- A-1 0.00000000 0.00000000 0.00000000 ---------------------- ------------------------------------------------------------------- A-2 7.09530049 0.03357853 0.00000000 ---------------------- ------------------------------------------------------------------- A-3 82.38136357 4.75000000 917.61863643 ---------------------- ------------------------------------------------------------------- A-4 0.00000000 4.83333333 1,000.00000000 ---------------------- - ----------------------------------------------------------------------------------------------- Notes Totals 26.13804704 2.63986764 525.23409278 - ----------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------- B-1 0.00000000 4.99999987 1,000.00000000 - ----------------------------------------------------------------------------------------------- Certificate Totals 0.00000000 4.99999987 1,000.00000000 - ----------------------------------------------------------------------------------------------- TOTALS 25.34767041 2.71123461 539.59032508 - ----------------------------------------------------------------------------------------------- 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-A STATEMENT TO CERTIFICATEHOLDERS - -------------------------------------------------------------------------------- PERIOD 17 PAGE # 2 DETERMINATION: 09-Jul-1999 Beginning 6/1/99 DISTRIBUTION: 15-Jul-1999 Ending 6/30/99 TIME: 7/22/99 17:25 per $1000 Section 5.8 (iii) Servicing Fee $ 476,723.01 0.47078167 Section 5.8 (iv) Administration Fee $ 1,000.00 0.00098754 Section 5.8 (vi) Pool Balance at the end of the Collection Period $546,400,043.90 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable By Seller $ 0.00 By Servicer $ 30,966.93 TOTAL $ 30,966.93 Section 5.8 (viii) Realized Net Losses for Collection Period $ 235,018.80 Section 5.8 (ix) Reserve Account Balance after Disbursement $ 16,392,001.32 Section 5.8 (x) Specified Reserve Account Balance $ 16,392,001.32 Section 5.8 (xi) Total Distribution Amount $ 30,012,794.72 Servicing Fee $ 476,723.01 Administrative Fee 1,000.00 Noteholders' Distribution Amount $ 28,259,912.21 Certificateholders' Distribution Amount $ 153,100.82 Deposit to Reserve Account $ 1,122,058.68 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 $1,447,441.30 $6,850.02 $1,454,291.32 7.09530049 0.03357853 7.12887902 A-3 $24,220,120.89 $1,396,500.00 $25,616,620.89 82.38136357 4.75000000 87.13136357 A-4 $0.00 $1,189,000.00 $1,189,000.00 0.00000000 4.83333333 4.83333333 - ----------------------------------------------------------------------------------------------------------------------------------- Total $25,667,562.19 $2,592,350.02 $28,259,912.21 26.13804704 2.63986764 28.77791467 - ----------------------------------------------------------------------------------------------------------------------------------- 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 $153,100.82 $153,100.82 0.00000000 4.99999987 4.99999987 - ---------------------------------------------------------------------------------------------------------------------------------- Total $0.00 $153,100.82 $153,100.82 0.00000000 4.99999987 4.99999987 - ---------------------------------------------------------------------------------------------------------------------------------- Section 5.8 (xiv) Reserve Fund Transfer Amount $1,122,058.68 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK - --------------------------------------------------------------------------------