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