- ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1996-C STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== PERIOD 20 PAGE # 1 DETERMINATION: 10-Aug-98 Beginning 7/1/98 DISTRIBUTION: 17-Aug-98 Ending 7/31/98 TIME: 8/17/98 10:56 CLASS A-1 5.489% MONEY MARKET ASSET BACKED NOTES CLASS A-2 5.750% ASSET BACKED NOTES CLASS A-3 5.950% ASSET BACKED NOTES CLASS A-4 6.150% ASSET BACKED NOTES CLASS B-1 6.250% ASSET BACKED CERTIFICATES ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL INTEREST TOTAL END PRINCIPAL CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE - ------------------------------------------------------------------------------------------------------------------------------------ A-1 Notes $225,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 A-2 Notes $239,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 A-3 Notes $324,000,000.00 $305,469,347.45 $23,662,539.22 $1,514,618.85 $25,177,158.07 $281,806,808.23 A-4 Notes $178,000,000.00 $178,000,000.00 $0.00 $912,250.00 $912,250.00 $178,000,000.00 - ------------------------------------------------------------------------------------------------------------------------------------ NOTES TOTALS $966,000,000.00 $483,469,347.45 $23,662,539.22 $2,426,868.85 $26,089,408.07 $459,806,808.23 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ B-1 $30,938,845.63 $22,699,990.91 $757,005.90 $118,229.12 $875,235.02 $21,942,985.01 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ CERTIFICATE TOTALS $30,938,845.63 $22,699,990.91 $757,005.90 $118,229.12 $875,235.02 $21,942,985.01 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ TOTALS $996,938,845.63 $506,169,338.36 $24,419,545.12 $2,545,097.97 $26,964,643.09 $481,749,793.24 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE - -------------------------------------------------------------------------------- A-1 0.00000000 0.00000000 0.00000000 ----------------- ---------------------------------------------------------------- A-2 0.00000000 0.00000000 0.00000000 ----------------- ---------------------------------------------------------------- A-3 73.03252846 4.67474954 869.77409948 ----------------- ---------------------------------------------------------------- A-4 0.00000000 5.12500000 1,000.00000000 ----------------- - -------------------------------------------------------------------------------- Notes Totals 24.49538222 2.51228659 475.99048471 - -------------------------------------------------------------------------------- - --------------------------------------------------------------------- B-1 24.46781335 3.82138110 709.2373539 - -------------------------------------------------------------------------------- Certificate Totals 24.46781335 3.82138110 709.23735399 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- TOTALS 24.49452665 2.55291283 483.22903190 - -------------------------------------------------------------------------------- (C) COPYRIGHT 1998, CHASE MANHATTAN BANK - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1996-C STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== - ------------------------------------------------------------------------------------------------------------------------------------ PERIOD 20 PAGE # 2 DETERMINATION: 10-Aug-98 Beginning 7/1/98 DISTRIBUTION: 17-Aug-98 Ending 7/31/98 TIME: 8/17/98 10:56 per $1000 Section 5.8 (iii) Servicing Fee $421,807.78 .42310296 Section 5.8 (iv) Administration Fee $1,000.00 .00100307 Section 5.8 (vi) Pool Balance at the end of the Collection Period $481,749,793.24 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable By Seller $0.00 By Servicer $45,113.98 TOTAL $45,113.98 Section 5.8 (viii) Realized Net Losses for Collection Period $473,673.31 Section 5.8 (ix) Reserve Account Balance after Disbursement $14,452,493.80 Section 5.8 (x) Specified Reserve Account Balance $14,452,493.80 Section 5.8 (xi) Total Distribution Amount $28,159,426.88 Servicing Fee $421,807.78 Administrative Fee $1,000.00 Noteholders' Distribution Amount $26,089,408.07 Certificateholders' Distribution Amount $875,235.02 Deposit to Reserve Account $771,976.01 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 $0.00 $0.00 $0.00 0.00000000 0.00000000 0.00000000 A-3 $23,662,539.22 $1,514,618.85 $25,177,158.07 73.03252846 4.67474954 77.70727799 A-4 $0.00 $912,250.00 $912,250.00 0.00000000 5.12500000 5.12500000 - ------------------------------------------------------------------------------------------------------------------------------------ Total $23,662,539.22 $2,426,868.85 $26,089,408.07 24.49538222 2.51228659 27.00766881 - ------------------------------------------------------------------------------------------------------------------------------------ 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 $757,005.90 $118,229.12 $875,235.02 24.46781335 3.82138110 28.28919445 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Total $757,005.90 $118,229.12 $875,235.02 24.46781335 3.82138110 28.28919445 - ------------------------------------------------------------------------------------------------------------------------------------ Section 5.8 (xiv) Reserve Account Transfer Amount $771,976.01