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CHASE MANHATTAN AUTO OWNER TRUST
SERIES 1997-B
STATEMENT TO CERTIFICATEHOLDERS
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PERIOD 14 PAGE # 1
DETERMINATION: 10-Aug-98 Beginning 7/1/98
DISTRIBUTION: 17-Aug-98 Ending 7/31/98
TIME: 8/17/98 11:02
CLASS A-1 5.744% MONEY MARKET ASSET BACKED NOTES
CLASS A-2 6.100% ASSET BACKED NOTES
CLASS A-3 6.350% ASSET BACKED NOTES
CLASS A-4 6.500% ASSET BACKED NOTES
CLASS A-5 6.600% ASSET BACKED NOTES
CLASS B-1 6.750% ASSET BACKED CERTIFICATES
ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL INTEREST TOTAL END PRINCIPAL
CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE
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A-1 Notes $200,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00
A-2 Notes $294,000,000.00 $157,210,309.58 $25,621,813.51 $799,152.41 $26,420,965.92 $131,588,496.07
A-3 Notes $227,000,000.00 $227,000,000.00 $0.00 $1,201,208.33 $1,201,208.33 $227,000,000.00
A-4 Notes $133,000,000.00 $133,000,000.00 $0.00 $720,416.67 $720,416.67 $133,000,000.00
A-5 Notes $70,000,000.00 $70,000,000.00 $0.00 $385,000.00 $385,000.00 $70,000,000.00
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NOTE TOTALS $924,000,000.00 $587,210,309.58 $25,621,813.51 $3,105,777.41 $28,727,590.92 $561,588,496.07
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B-1 $29,148,275.79 $29,148,275.79 $0.00 $163,959.05 $163,959.05 $29,148,275.79
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CERTIFICATE
TOTALS $29,148,275.79 $29,148,275.79 $0.00 $163,959.05 $163,959.05 $29,148,275.79
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TOTALS $953,148,275.79 $616,358,585.37 $25,621,813.51 $3,269,736.46 $28,891,549.97 $590,736,771.86
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FACTOR INFORMATION PER $1,000
PRINCIPAL INTEREST END PRINCIPAL
CLASS DISTRIBUTION DISTRIBUTION BALANCE
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A-1 0.00000000 0.00000000 0.00000000
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A-2 87.14902554 2.71820548 447.57991861
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A-3 0.00000000 5.29166665 1,000.00000000
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A-4 0.00000000 5.41666669 1,000.00000000
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A-5 0.00000000 5.50000000 1,000.00000000
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Notes Totals 27.72923540 3.36123096 607.77975765
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B-1 0.00000000 5.62499995 1,000.00000000
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Certificate Totals 0.00000000 5.62499995 1,000.00000000
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TOTALS 26.88124625 3.43045940 619.77426479
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(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
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CHASE MANHATTAN AUTO OWNER TRUST
SERIES 1997-B
STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
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PERIOD 14 PAGE # 2
DETERMINATION: 10-Aug-98 Beginning 7/1/98
DISTRIBUTION: 17-Aug-98 Ending 7/31/98
TIME: 8/17/98 11:02
per $1000
Section 5.8 (iii) Servicing Fee $513,632.15 0.53887959
Section 5.8 (iv) Administration Fee $1,000.00 0.00104915
Section 5.8 (vi) Pool Balance at the end of the Collection Period $590,736,771.86
Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable
By Seller $0.00
By Servicer $38,583.80
TOTAL $38,583.80
Section 5.8 (viii) Realized Net Losses for Collection Period $597,383.25
Section 5.8 (ix) Reserve Account Balance after Disbursement $17,722,103.16
Section 5.8 (x) Specified Reserve Account Balance $17,722,103.16
Section 5.8 (xi) Total Distribution Amount $30,101,457.68
Servicing Fee $513,632.15
Administrative Fee $1,000.00
Noteholders' Distribution Amount $28,727,590.92
Certificateholders' Distribution Amount $ 163,959.05
Deposit to Reserve Account $695,275.56
Section 5.8 (xii) Noteholders' Distributable Amount
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Class Principal Interest Total Prin (per $1000/orig)
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A-1 $0.00 $0.00 $0.00 0.00000000
A-2 $25,621,813.51 $799,152.41 $26,420,965.92 87.14902554
A-3 $0.00 $1,201,208.33 $1,201,208.33 0.00000000
A-4 $0.00 $720,416.67 $720,416.67 0.00000000
A-5 $0.00 $385,000.00 $385,000.00 0.00000000
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Total $25,621,813.51 $3,105,777.41 $28,727,590.92 27.72923540
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Section 5.8 (xiii) Certificateholders' Distributable Amount
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Class Principal Interest Total Prin (per $1000/orig)
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B-1 $0.00 $163,959.05 $163,959.05 0.00000000
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Total $0.00 $163,959.05 $163,959.05 0.00000000
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Section 5.8 (xiv) Reserve Fund Transfer Amount $ 695,275.56
(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
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