- -------------------------------------------------------------------------------- Chase Manhattan Auto Owner Trust 1998-B Statement to Certificateholders December 15, 1999 - -------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------------------ DISTRIBUTION IN DOLLARS - ------------------------------------------------------------------------------------------------------------------------------------ ORIGINAL PRIOR CURRENT FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSSES INTEREST BALANCE - ------------------------------------------------------------------------------------------------------------------------------------ A1 250,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A2 200,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A3 321,000,000.00 229,371,105.03 22,900,346.75 1,099,069.88 23,999,416.63 0.00 0.00 206,470,758.28 A4 282,800,000.00 282,800,000.00 0.00 1,366,866.67 1,366,866.67 0.00 0.00 282,800,000.00 B1 32,604,142.65 32,604,142.65 0.00 164,379.22 164,379.22 0.00 0.00 32,604,142.65 - ------------------------------------------------------------------------------------------------------------------------------------ TOTALS 1,086,404,142.65 544,775,247.68 22,900,346.75 2,630,315.77 25,530,662.52 0.00 0.00 521,874,900.93 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------ ---------------------- FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES - ------------------------------------------------------------------------------------------------ ---------------------- PRIOR CURRENT CURRENT PRINCIPAL PRINCIPAL CLASS PASS-THRU CLASS FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE - ------------------------------------------------------------------------------------------------ ---------------------- A1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A1 5.578000% A2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A2 5.729000% A3 714.55172907 71.34064408 3.42389371 74.76453779 643.21108498 A3 5.750000% A4 1,000.00000000 0.00000000 4.83333335 4.83333335 1,000.00000000 A4 5.800000% B1 1,000.00000000 0.00000000 5.04166669 5.04166669 1,000.00000000 B1 6.050000% - ------------------------------------------------------------------------------------------------ ---------------------- TOTALS 501.44805813 21.07903114 2.42112089 23.50015203 480.36902700 - ------------------------------------------------------------------------------------------------ - -------------------------------------------------------------------------------- IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Mark McDermott The Chase Manhattan Bank - Structured Finance Services 450 W. 33rd Street, 14th Floor, New York, New York 10001 Tel: (212) 946-7016 Email: mark.mcdermott@chase.com - -------------------------------------------------------------------------------- [Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Chase Manhattan Auto Owner Trust 1998-B December 15, 1999 - -------------------------------------------------------------------------------- STATEMENT TO CERTIFICATEHOLDERS Due Period 20 Due Period Beginning Date 11/01/99 Due Period End Date 11/30/99 Determination Date 12/10/99 Section 5.8(iii) Servicing Fee 453,979.37 Section 5.8(iii) Servicing Fee per $1000 0.41787338 Section 5.8(iv) Administration Fee 1,000.00 Section 5.8(iv) Administration Fee per $1000 0.00092047 Section 5.8(vi) Pool Balance at the end of the Collection Period 521,874,900.93 Section 5.8(vii) Repurchase Amounts for Repurchased Receivable By Seller 0.00 By Servicer 78,273.22 TOTAL 78,273.22 Section 5.8(viii) Realized Net Losses for Collection Period 260,792.40 Section 5.8(ix) Reserve Account Balance after Disbursement 15,656,247.03 Section 5.8(x) Specified Reserve Account Balance 15,656,247.03 Section 5.8(xi) Total Distribution Amount 26,794,912.01 Servicing Fee 453,979.37 Administration Fee 1,000.00 Noteholders Distribution Amount 25,366,283.30 Certficateholders Distribution Amount 164,379.22 Deposit to Reserve Account 809,270.12 [Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION - --------------------------------------------------------------------------------