- ------------------------------------------------------------------------------------------------------------------------------------
                                                                              CHASE MANHATTAN AUTO OWNER TRUST
                                                                                        SERIES 1997-A
                                                                               STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
      PERIOD 16                                                                                                             PAGE # 1
DETERMINATION10-Jul-98                                                                                              Beginning 6/1/98
DISTRIBUTION:15-Jul-98                                                                                                Ending 6/30/98
       TIME: 7/14/98 14:17
                                                             CLASS A-1 5.545% MONEY MARKET ASSET BACKED NOTES
                                                             CLASS A-2 5.950% ASSET BACKED NOTES
                                                             CLASS A-3 6.250% ASSET BACKED NOTES
                                                             CLASS A-4 6.400% ASSET BACKED NOTES
                                                             CLASS A-5 6.500% ASSET BACKED NOTES
                                                             CLASS B-1 6.650% 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        $365,000,000.00      $140,198,346.83      $28,185,095.80      $695,150.14       $28,880,245.94     $112,013,251.03
 A-3 Notes        $270,000,000.00      $270,000,000.00               $0.00    $1,406,250.00        $1,406,250.00     $270,000,000.00
 A-4 Notes        $165,000,000.00      $165,000,000.00               $0.00      $880,000.00          $880,000.00     $165,000,000.00
 A-5 Notes         $85,500,000.00       $85,500,000.00               $0.00      $463,125.00          $463,125.00      $85,500,000.00
- ------------------------------------------------------------------------------------------------------------------------------------
 NOTE TOTALS    $1,135,500,000.00      $660,698,346.83      $28,185,095.80    $3,444,525.14       $31,629,620.94     $632,513,251.03
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
    B-1            $35,153,718.13       $35,153,718.13               $0.00      $194,810.19          $194,810.19      $35,153,718.13
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
CERTIFICATE
      TOTALS       $35,153,718.13       $35,153,718.13               $0.00      $194,810.19          $194,810.19      $35,153,718.13
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
   TOTALS       $1,170,653,718.13      $695,852,064.96      $28,185,095.80    $3,639,335.33       $31,824,431.13     $667,666,969.16
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

                                 FACTOR   INFORMATION   PER   $1,000


                     PRINCIPAL                INTEREST            END PRINCIPAL
   CLASS            DISTRIBUTION            DISTRIBUTION             BALANCE
- --------------------------------------------------------------------------------
                                                             
     A-1            0.00000000              0.00000000              0.00000000
                                                         -----------------------
                                                         -----------------------
             -------------------------------------------------------------------
     A-2           77.21944055              1.90452093            306.88561926
                                                             -------------------
                                                             -------------------
             -------------------------------------------------------------------
     A-3            0.00000000              5.20833333          1,000.00000000
                                                             -------------------
                                                             -------------------
             -------------------------------------------------------------------
     A-4            0.00000000              5.33333333          1,000.00000000
                                                             -------------------
                                                             -------------------
             -------------------------------------------------------------------
    A-5             0.00000000           5.41666667          1,000.00000000
                                                             -------------------
             -------------------------------------------------------------------
Notes Totals      24.82174883            3.03348757            557.03500751
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
    B-1            0.00000000            5.54166672          1,000.00000000
- -------------                                                -------------------
- --------------------------------------------------------------------------------
Certificate
        Totals     0.00000000            5.54166672          1,000.00000000
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
   TOTALS         24.07637320            3.10880602            570.33686292
- --------------------------------------------------------------------------------


(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
- --------------------------------------------------------------------------------




- ------------------------------------------------------------------------------------------------------------------------------------
                                                          CHASE MANHATTAN AUTO OWNER TRUST
                                                                    SERIES 1997-A
                                                           STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
- ------------------------------------------------------------------------------------------------------------------------------------
PERIOD 16                                                                                                               PAGE     # 2
DETERMINATION: 10-Jul-98                                                                                            Beginning 6/1/98
DISTRIBUTION: 15-Jul-98                                                                                               Ending 6/30/98
TIME: 7/14/98 14:17



                                                                                                              per $1000
                                                                                                                       
Section 5.8 (iii)            Servicing Fee                                                      $579,876.72               0.49534436


Section 5.8 (iv)             Administration Fee                                                   $1,000.00               0.00085422


Section 5.8 (vi)             Pool Balance at the end of the Collection Period               $667,666,969.16


Section 5.8 (vii)            Repurchase Amounts for Repurchased Receivable
                                                By Seller                                             $0.00
                                                By Servicer                                      $72,391.27
                                                TOTAL                                            $72,391.27

Section 5.8 (viii)           Realized Net Losses for Collection Period                          $364,811.15


Section 5.8 (ix)             Reserve Account Balance after Disbursement                      $20,030,009.07


Section 5.8 (x)              Specified Reserve Account Balance                               $20,030,009.07


Section 5.8 (xi)             Total Distribution Amount                                       $33,277,989.23

                             Servicing Fee                                                      $579,876.72
                             Administrative Fee                                                   $1,000.00
                             Noteholders' Distribution Amount                                $31,629,620.94
                             Certificateholders' Distribution Amount                           $ 194,810.19
                             Deposit to Reserve Account                                         $872,681.38



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         $28,185,095.80      $695,150.14  $28,880,245.94     77.21944055           1.90452093              79.12396148
     A-3                  $0.00    $1,406,250.00   $1,406,250.00      0.00000000           5.20833333               5.20833333
     A-4                  $0.00      $880,000.00     $880,000.00      0.00000000           5.33333333               5.33333333
     A-5                  $0.00      $463,125.00     $463,125.00      0.00000000           5.41666667               5.41666667
- ------------------------------------------------------------------------------------------------------------------------------------
    Total        $28,185,095.80    $3,444,525.14  $31,629,620.94     24.82174883           3.03348757              27.85523641
- ------------------------------------------------------------------------------------------------------------------------------------




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          $194,810.19      $194,810.19       0.00000000           5.54166672                5.54166672
     -------------------------------------------------------------------------------------------------------------------------------
     -------------------------------------------------------------------------------------------------------------------------------
     Total         $0.00          $194,810.19      $194,810.19       0.00000000           5.54166672                5.54166672
     -------------------------------------------------------------------------------------------------------------------------------




Section 5.8 (xiv)            Reserve Fund Transfer Amount                                      $ 872,681.38




(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
- ------------------------------------------------------------------------------------------------------------------------------------