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                                                                                     CHASE MANHATTAN AUTO OWNER TRUST
                                                                                               SERIES 1998-A
                                                                                      STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
                    PERIOD 5                                                                                        PAGE # 1
            DETERMINATION: 10-Jul-98                                                                                Beginning 6/1/98
             DISTRIBUTION: 15-Jul-98                                                                                Ending   6/30/98
                     TIME: 7/14/98 14:26
                                                                           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     $106,694,337.20      $27,581,975.59        $493,372.40     $28,075,347.99    $79,112,361.61
A-2 Notes            $204,000,000.00     $204,000,000.00               $0.00        $965,430.00        $965,430.00   $204,000,000.00
A-3 Notes            $294,000,000.00     $294,000,000.00               $0.00      $1,396,500.00      $1,396,500.00   $294,000,000.00
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     $850,694,337.20      $27,581,975.59      $4,044,302.40     $31,626,277.99   $823,112,361.61
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
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
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- ------------------------------------------------------------------------------------------------------------------------------------
          TOTALS   $1,012,620,164.79     $881,314,501.99      $27,581,975.59      $4,197,403.22     $31,779,378.81   $853,732,526.40
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                                             FACTOR   INFORMATION   PER   $1,000


                        PRINCIPAL               INTEREST           END PRINCIPAL
CLASS                  DISTRIBUTION            DISTRIBUTION             BALANCE
- --------------------------------------------------------------------------------------------------
                                                              
A-1                    115.89065374            2.07299328           332.40488071
                                                         -----------------------
                                                         -----------------------
         -----------------------------------------------------------------------
A-2                      0.00000000            4.73250000         1,000.00000000
                                                         -----------------------
                                                         -----------------------
         -----------------------------------------------------------------------
A-3                      0.00000000            4.75000000         1,000.00000000
                                                         -----------------------
                                                         -----------------------
         -----------------------------------------------------------------------
A-4                      0.00000000            4.83333333         1,000.00000000
                                                         -----------------------
                                                         -----------------------
- --------------------------------------------------------------------------------
Notes Totals            28.08755152            4.11843422           838.19996091
- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------
B-1                      0.00000000            4.99999987         1,000.00000000
                                                         -----------------------
- --------------------------------------------------------------------------------
Certificate Totals       0.00000000            4.99999987         1,000.00000000
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
          TOTALS        27.23822471            4.14509148           843.09255937
- --------------------------------------------------------------------------------



(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
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- ------------------------------------------------------------------------------------------------------------------------------------
                                                                              CHASE MANHATTAN AUTO OWNER TRUST
                                                                                        SERIES 1998-A
                                                                               STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
- ------------------------------------------------------------------------------------------------------------------------------------

                      PERIOD 5                                                                                      PAGE         # 2
              DETERMINATION: 10-Jul-98                                                                              Beginning 6/1/98
               DISTRIBUTION: 15-Jul-98                                                                              Ending   6/30/98
                       TIME: 7/14/98 14:26



                                                                                                                 per $1000
                                                                                              
Section 5.8 (iii)            Servicing Fee                                                             $734,428.75        0.72527565


Section 5.8 (iv)             Administration Fee                                                          $1,000.00        0.00098754


Section 5.8 (vi)             Pool Balance at the end of the Collection Period                      $853,732,526.40


Section 5.8 (vii)            Repurchase Amounts for Repurchased Receivable
                                                By Seller                                                    $0.00
                                                By Servicer                                             $40,175.50
                                                TOTAL                                                   $40,175.50

Section 5.8 (viii)           Realized Net Losses for Collection Period                                 $232,378.91


Section 5.8 (ix)             Reserve Account Balance after Disbursement                             $24,716,878.43


Section 5.8 (x)              Specified Reserve Account Balance                                      $25,611,975.79


Section 5.8 (xi)             Total Distribution Amount                                              $34,123,909.03

                                                Servicing Fee                                          $734,428.75
                                                Administrative Fee                                       $1,000.00
                                                Noteholders' Distribution Amount                    $31,626,277.99
                                                Certificateholders' Distribution Amount               $ 153,100.82
                                                Deposit to Reserve Account                           $1,609,101.47



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     $27,581,975.59       $493,372.40     $28,075,347.99     115.89065374               2.07299328              117.96364702
 A-2              $0.00       $965,430.00        $965,430.00       0.00000000               4.73250000                4.73250000
 A-3              $0.00     $1,396,500.00      $1,396,500.00       0.00000000               4.75000000                4.75000000
 A-4              $0.00     $1,189,000.00      $1,189,000.00       0.00000000               4.83333333                4.83333333
- ------------------------------------------------------------------------------------------------------------------------------------
Total    $27,581,975.59     $4,044,302.40     $31,626,277.99      28.08755152               4.11843422               32.20598573
- ------------------------------------------------------------------------------------------------------------------------------------





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                                           $ 1,609,101.47




(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
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