Page 1
Chase Manhattan Auto Owner Trust 1996-C
Statement to Certificateholders
October 16 2000
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
A1 225,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A2 239,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A3 324,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A4 178,000,000.00 79,720,602.36 8,317,077.70 408,568.09 8,725,645.79 0.00 0.00 71,403,524.66
B1 30,938,845.63 9,783,364.42 266,077.82 50,955.02 317,032.84 0.00 0.00 9,517,286.60
TOTALS 996,938,845.63 89,503,966.78 8,583,155.52 459,523.11 9,042,678.63 0.00 0.00 80,920,811.26
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
A1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A1 5.489000%
A2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A2 5.750000%
A3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A3 5.950000%
A4 447.86855258 46.72515562 2.29532635 49.02048197 401.14339697 A4 6.150000%
B1 316.21620719 8.60012113 1.64695931 10.24708044 307.61608606 B1 6.250000%
TOTALS 89.77879353 8.60951056 0.46093410 9.07044466 81.16928297
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Kimberly Costa
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-3247
Email: kimberly.k.costa@chase.com
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Page 2
Chase Manhattan Auto Owner Trust 1996-C
October 16 2000
STATEMENT TO CERTIFICATEHOLDERS
Due Period 46
Due Period Beginning Date 09/01/00
Due Period End Date 09/30/00
Determination Date 10/10/00
Section 5.8(iii) Servicing Fee 74,586.64
Section 5.8(iii) Servicing Fee per $1000 0.07481566
Section 5.8(iv) Administration Fee 1,000.00
Section 5.8(iv) Administration Fee per $1000 0.00100307
Section 5.8(vi) Pool Balance at the end of the Collection Period 80,920,811.26
Section 5.8(vii) Repurchase Amounts for Repurchased Receivable
By Seller 0.00
By Servicer 68,207.05
TOTAL 68,207.05
Section 5.8(viii) Realized Net Losses for Collection Period 69,368.17
Section 5.8(ix) Reserve Account Balance after Disbursement 7,477,041.34
Section 5.8(x) Specified Reserve Account Balance 7,477,041.34
Section 5.8(xi) Total Distribution Amount 9,212,172.39
Servicing Fee 74,586.64
Administration Fee 1,000.00
Noteholders Distribution Amount 8,725,645.79
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Page 3
Chase Manhattan Auto Owner Trust 1996-C
October 16 2000
Certficateholders Distribution Amount 317,032.84
Deposit to Reserve Account 93,907.12
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Page 4
Chase Manhattan Auto Owner Trust 1996-C
October 16 2000
MONTHLY SERVICER REPORT
I. Avaliable Amount in the Collection Accont
A.Credits
1. Payments from Obligors Applied to Collection Period
a. Principal Payments 8,417,388.01
b. Other Interest Payments 698,384.17
c. Total 9,115,772.18
2. Proceeds from Repurchased Receivables
a. Principal Before Cutoff Date 0.00
b. Interest Before Cutoff Date 0.00
c. Principal Payments 68,207.05
d. Recovery of Advance 0.00
e. Other Interest Payments 0.00
f. Total 68,207.05
3. Reversal from Defaulted Contracts 0.00
4. Recovery of Defaulted Receivables 28,193.16
5. Advance Recoveries Before Cutoff Date
a. Principal 0.00
b. Interest 0.00
c. Total 0.00
6. Net Adjustments 0.00
7. Reserve Fund Transfer Amount 0.00
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Page 5
Chase Manhattan Auto Owner Trust 1996-C
October 16 2000
8. Overpayment From Obligors 0.00
9. Total Credits 9,212,172.39
B. Debits
1. Overpayments From Obligors 0.00
2. Advance Recovery Amount Before Cutoff Data to Seller
a. Principal 0.00
b. Interest. 0.00
c. Total 0.00
3. Reversal of Defaulted Contracts 0.00
4. Total Debits 0.00
C. Total Available Amount (Lines A-B) 9,212,172.39
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Page 6
Chase Manhattan Auto Owner Trust 1996-C
October 16 2000
MONTHLY SERVICER REPORT
II. Liquidation Proceeds on Defaulted Receivables for the Collection Period
A. Principal 97,560.46
B. Interest 8,869.58
C. Total 106,430.04
III. Disbursements from Collection Account
A. Avalaible Distribution Amount
1. Available Distribution Amount 9,212,172.39
2. Reserve Account Transfer Amount 0.00
3. Total Distribution Amount 9,212,172.39
B. Monthly Servicing Fee 74,586.64
C. Monthly Administration Fee 1,000.00
D. Noteholders Interest Distributable Amount 408,568.09
E. Certificateholders Interest Distributable Amount 50,955.02
F. Noteholders Principal Distributable Amount 8,317,077.70
G. Certificateholders Principal Distributable Amount 266,077.82
H. Deposit to Reserve Account 93,907.12
IV. Monthly Disbursements
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Page 7
Chase Manhattan Auto Owner Trust 1996-C
October 16 2000
A. Pool Servicing Fee
a. Monthly Servicing Fee 74,586.64
b. Unpaid Monthly Servicing Fee 0.00
c. Total 74,586.64
B. Administrative Fee a. Monthly Administration Fee 1,000.00
b. Unpaid Monthly Administration Fee 0.00
c. Total 1,000.00
C. Noteholders' Interest Distributable Amount
Class A-1 Monthly Interest 0.00
Class A-1 Carryover Shortfall 0.00
Class A-1 Total 0.00
Class A-2 Monthly Interest 0.00
Class A-2 Carryover Shortfall 0.00
Class A-2 Total 0.00
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Page 8
Chase Manhattan Auto Owner Trust 1996-C
October 16 2000
MONTHLY SERVICER REPORT
Class A-3 Monthly Interest 0.00
Class A-3 Carryover Shortfall 0.00
Class A-3 Total 0.00
Class A-4 Monthly Interest 408,568.09
Class A-4 Carryover Shortfall 0.00
Class A-4 Total 408,568.09
Total for Notes Monthly Interest 408,568.09
Total for Notes Carryover Shortfall 0.00
Total for Notes Total 408,568.09
D. Certificateholders' Interest Distributable Amount
Class B-1 Monthly Interest 50,955.02
Class B-1 Carryover Shortfall 0.00
Class B-1 Total 50,955.02
Total for Certificates Monthly Interest 50,955.02
Total for Certificates Carryover Shortfall 0.00
Total for Certificates Total 50,955.02
E. Noteholders' Principal Distributable Amount
Class A-1 Monthly Principal 0.00
Class A-1 Carryover Shortfall 0.00
Class A-1 Total 0.00
Class A-2 Monthly Principal 0.00
Class A-2 Carryover Shortfall 0.00
Class A-2 Total 0.00
Class A-3 Monthly Principal 0.00
Class A-3 Carryover Shortfall 0.00
Class A-3 Total 0.00
Class A-4 Monthly Principal 8,317,077.70
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Page 9
Chase Manhattan Auto Owner Trust 1996-C
October 16 2000
Class A-4 Carryover Shortfall 0.00
Class A-4 Total 8,317,077.70
Total for Notes Monthly Principal 8,317,077.70
Total for Notes Carryover Shortfall 0.00
Total for Notes Total 8,317,077.70
F. Certificateholders' Principal Distributable Amout
Class B-1 Monthly Principal 266,077.82
Class B-1 Carryover Shortfall 0.00
Class B-1 Total 266,077.82
Total for Certificates Monthly Principal 266,077.82
Total for Certificates Carryover Shortfall 0.00
Total for Certificates Total 266,077.82
G. Total Disbursements 9,118,265.27
V. Payment Deficiency Amount
A. Scheduled Monthly Disbursements 9,118,265.27
B. Available Distribution Amount 9,212,172.39
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Page 10
Chase Manhattan Auto Owner Trust 1996-C
October 16 2000
MONTHLY SERVICER REPORT
C. Payment Deficiency Amount 0.00
VI. Reserve Account Transfer Amount
A. Available Reserve Amount 7,477,041.34
B. Payment Deficiency Amount 0.00
C. Withdrawal for Write-Off 0.00
D. Reserve Account Withdrawal (MIN: Lines A and (B+C)) 0.00
VII. Pool Balance Reduction Allocation for Collection Period
A. Beginning Pool Balance 89,503,966.78
B. Pool Balance Reduction
1. Avalaible Principal
a. Principal Payments 8,417,388.01
b. From Repurchased Receivables 68,207.05
c. Total 8,485,595.06
2. From Defaulted Receivables 97,560.46
3. Total Pool Balance Reduction 8,583,155.52
C. Ending Pool Balance 80,920,811.26
D. Allocations
1.Percentage Allocation
a. Notes 96.90000000%
b. Certificates 3.10000000%
2. Monthly Principal Allocation
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Page 11
Chase Manhattan Auto Owner Trust 1996-C
October 16 2000
a. Notes 8,317,077.70
b. Certificates 266,077.82
VIII. Delinquency and Defaults
Group 1
Principal Delinquency Principal
Period Number Amount Balance
30-59 days 594 419,551.00 2,756,417.21
60-89 days 111 107,854.06 482,145.76
90-119 days 47 64,680.81 223,543.34
120-149 days 23 28,303.45 74,164.76
150-179 days 13 16,602.34 34,663.72
180-209 days 5 11,853.67 29,450.05
210-239 days 6 7,605.29 8,157.40
240+ days Delinquent 0 0.00 0.00
Total 799 656,450.62 3,608,542.24
B. Principal amount of loans in defaulted receivables 97,560.46
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Page 12
Chase Manhattan Auto Owner Trust 1996-C
October 16 2000
MONTHLY SERVICER REPORT
C. Delinquency Percentage
1. Outstanding principal balance for deliquency >= 60 days 852,125.03
2. Pool Principal Ending Balance 80,920,811.26
3. Delinquency Percentage 1.05303570%
IX. Pool Delinquency Percentages
A. Delinquency Percentage for 2nd previous period 0.92083537%
B. Delinquency Percentage for previous period 1.00318297%
C. Delinquency Percentage for current period 1.05303570%
D. Average Deliquency Percentage 0.99235135%
X. Portfolio Loss Ratios
A. Net Loss Ratio for 2nd previous period 0.70116459%
B. Net Loss Ratio for previous period 2.10209937%
1. Principal Balance of Defaulted Receivables 97,560.46
2. Principal Recoveries on Defaulted Receivables 28,192.29
3. Average Pool Balance for Collection Period 85,212,389.03
4. Net Loss Ratio for Current Period(12*(1-2)/3) 0.97687443%
D. Average Net Loss Ratio ((A+B+C) / 3) 1.26004613%
XI. Specified Reserve Account Balance
A. Calculation for Reserve Account Floor Amount
1. Guaranteed Floor Amount 7,477,041.34
2. Possible Floor Amount
a. Principal Balance at the Beginning of Next Collection Period 80,920,811.26
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Page 13
Chase Manhattan Auto Owner Trust 1996-C
October 16 2000
b. Cumulative Monthly Interest through Final Distribution Data
Class A-1 Balance
Class A-1 Interest Rate
Class A-1 Service Rate
Class A-1 Term
Class A-1 Interest
Class A-1 Service Fee
Class A-1 Total
Class A-2 Balance
Class A-2 Interest Rate
Class A-2 Service Rate
Class A-2 Term
Class A-2 Interest
Class A-2 Service Fee
Class A-2 Total
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Page 14
Chase Manhattan Auto Owner Trust 1996-C
October 16 2000
MONTHLY SERVICER REPORT
Class A-3 Balance
Class A-3 Interest Rate
Class A-3 Service Rate
Class A-3 Term
Class A-3 Interest
Class A-3 Service Fee
Class A-3 Total
Class A-4 Balance
Class A-4 Interest Rate
Class A-4 Service Rate
Class A-4 Term
Class A-4 Interest
Class A-4 Service Fee
Class A-4 Total
Class B-1 Balance
Class B-1 Interest Rate
Class B-1 Service Rate
Class B-1 Term
Class B-1 Interest
Class B-1 Service Fee
Class B-1 Total
c. Possible Floor Amount equals Pool Balance + Interest + Service Fee
(Lines a+b) 90,476,348.29
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Page 15
Chase Manhattan Auto Owner Trust 1996-C
October 16 2000
3. Reserve Account Floor (Minimum Lines 1 and 2) 7,477,041.34
B. Possible Reserve Account Amount
1. Reserve Account Trigger Percentages
a. Average Delinquency Percentage 0.99235135%
b. Average Delinquency Percentage Trigger 1.25000000%
c. Average Loss Ratio 1.26004613%
d. Average Loss Ratio Trigger 1.25000000%
e. Maximum Reserve Account Percentage Specified 6.00000000%
f. Minimum Reserve Account Percentage specified 3.00000000%
g. Reserve Account Percentage Applied 6.00000000%
2. Pool Principal Balance 80,920,811.26
3. Possible Reserve Account Amount 4,855,248.68
C. Specified Reserve Account Balance (Max: Lines A and B) 7,477,041.34
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Page 16
Chase Manhattan Auto Owner Trust 1996-C
October 16 2000
MONTHLY SERVICER REPORT
XII. Reserve Account
A. Reserve Account Balance After Disbursement from Previous Period
1. Reserve Account Balance After Disbursement from Previous Period 7,477,041.34
2. Reserve Account Transfer Amount 0.00
3. Investment Earnings 39,630.23
4. Deposit to Reserve Account After Disbursement 93,907.12
5. Amount After Deposit 7,610,578.69
B. Specified Reserve Account Balance 7,477,041.34
C. Available Reserve Account Amount (Min: Lines A and B) 7,477,041.34
1. Excess in Reserve Acct: Max(LinesA.5 - B and 0) 133,537.35
D. Excess Amount to Seller 99% Lines A-B) 132,201.98
E. Excess Amount to General Partner (1% Lines A-B) 1,335.37
F. Ending Reserve Account Balance 7,477,041.34
XIII. Weighted Average Coupon as of Current Period
XIV. Weighted Average Maturity as of Current Period
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION