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