- ------------------------------------------------------------------------------------------------------------------------------------
                                                                              CHASE MANHATTAN AUTO OWNER TRUST
                                                                                        SERIES 1997-A
                                                                               STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
      PERIOD 17                                                                                                     PAGE         # 1
DETERMINATION10-Aug-98                                                                                              Beginning 7/1/98
DISTRIBUTION:17-Aug-98                                                                                              Ending   7/31/98
       TIME: 8/17/98 11:00
                                                             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      $112,013,251.03    $30,124,767.51           $555,399.04   $30,680,166.55         $81,888,483.52

 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      $632,513,251.03    $30,124,767.51         $3,304,774.04   $33,429,541.55        $602,388,483.52
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
 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      $667,666,969.16    $30,124,767.51         $3,499,584.23   $33,624,351.74        $637,542,201.65
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                                 FACTOR   INFORMATION   PER   $1,000


                     PRINCIPAL                INTEREST            END PRINCIPAL
   CLASS            DISTRIBUTION            DISTRIBUTION             BALANCE
- --------------------------------------------------------------------------------
                                                        
     A-1              0.00000000           0.00000000              0.00000000
                                                             -------------------
             -------------------------------------------------------------------
     A-2             82.53360962           1.52164121            224.35200964
                                                             -------------------
             -------------------------------------------------------------------
     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         26.52995818           2.91041307            530.50504934
- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------
    B-1               0.00000000           5.54166672          1,000.00000000
- -------------                                                -------------------
- --------------------------------------------------------------------------------
Certificate
      Totals          0.00000000           5.54166672          1,000.00000000
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
   TOTALS            25.73328649           2.98942734            544.60357643
- --------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------
                                                                              CHASE MANHATTAN AUTO OWNER TRUST
                                                                                        SERIES 1997-A
                                                                               STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
- ------------------------------------------------------------------------------------------------------------------------------------
                      PERIOD 17                                                                                     PAGE        # 2
              DETERMINATION: 10-Aug-98                                                                              Beginning 7/1/98
               DISTRIBUTION: 17-Aug-98                                                                              Ending   7/31/98
                       TIME: 8/17/98 11:00



                                                                                                                   per $1000
Section 5.8 (iii)            Servicing Fee                                                               $556,389.14      0.47528072


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


Section 5.8 (vi)             Pool Balance at the end of the Collection Period                        $637,542,201.65


Section 5.8 (vii)            Repurchase Amounts for Repurchased Receivable
                                                By Seller                                                      $0.00
                                                By Servicer                                               $39,651.57
                                                TOTAL                                                     $39,651.57

Section 5.8 (viii)           Realized Net Losses for Collection Period                                   $503,681.52


Section 5.8 (ix)             Reserve Account Balance after Disbursement                               $19,126,266.05


Section 5.8 (x)              Specified Reserve Account Balance                                        $19,126,266.05


Section 5.8 (xi)             Total Distribution Amount                                                $35,024,796.42

                                                Servicing Fee                                            $556,389.14
                                                Administrative Fee                                         $1,000.00
                                                Noteholders' Distribution Amount                      $33,429,541.55
                                                Certificateholders' Distribution Amount                 $ 194,810.19
                                                Deposit to Reserve Account                               $843,055.54









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  $30,124,767.51     $555,399.04   $30,680,166.55           82.53360962           1.52164121               84.05525082
  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 $30,124,767.51   $3,304,774.04   $33,429,541.55           26.52995818           2.91041307               29.44037125
- ------------------------------------------------------------------------------------------------------------------------------------




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                                               $ 843,055.54




(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
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