Page 1 Chase Manhattan Auto Owner Trust 1998-B Statement to Certificateholders December 15 2000 DISTRIBUTION IN DOLLARS ORIGINAL PRIOR FACE PRINCIPAL CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL ----- ----------------------- --------- --------- -------- ----- A1 250,000,000.00 0.00 0.00 0.00 0.00 A2 200,000,000.00 0.00 0.00 0.00 0.00 A3 321,000,000.00 0.00 0.00 0.00 0.00 A4 282,800,000.00 265,760,740.33 16,448,264.53 1,284,510.24 17,732,774.77 B1 32,604,142.65 32,604,142.65 0.00 164,379.22 164,379.22 TOTALS 1,086,404,142.65 298,364,882.98 16,448,264.53 1,448,889.46 17,897,153.99 CURRENT REALIZED DEFERRED PRINCIPAL CLASS LOSES INTEREST BALANCE ----- -------- -------- --------- A1 0.00 0.00 0.00 A2 0.00 0.00 0.00 A3 0.00 0.00 0.00 A4 0.00 0.00 249,312,475.80 B1 0.00 0.00 32,604,142.65 TOTALS 0.00 0.00 281,916,618.45 FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PRIOR CURRENT PRINCIPAL PRINCIPAL CLASS FACTOR PRINCIPAL INTEREST TOTAL FACTOR ----- --------- --------- -------- ----- --------- A1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A4 939.74802097 58.16218009 4.54211542 62.70429551 881.58584088 B1 1,000.00000000 0.00000000 5.04166669 5.04166669 1,000.00000000 -------------- ----------- ---------- ----------- -------------- TOTALS 274.63525889 15.14009739 1.33365605 16.47375345 259.49516150 PASS-THROUGH RATES CURRENT PASS THRU CLASS CLASS RATE ----- ----- --------- A1 A1 5.578000 % A2 A2 5.729000 % A3 A3 5.750000 % A4 A4 5.800000 % B1 B1 6.050000 % TOTALS 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 1998-B December 15 2000 STATEMENT TO CERTIFICATEHOLDERS Due Period 32 Due Period Beginning Date 11/01/00 Due Period End Date 11/30/00 Determination Date 12/08/00 Section 5.8(iii) Servicing Fee 248,637.40 Section 5.8(iii) Servicing Fee per $1000 0.22886271 Section 5.8(iv) Administration Fee 1,000.00 Section 5.8(iv) Administration Fee per $1000 0.00092047 Section 5.8(vi) Pool Balance at the end of the Collection Period 281,916,618.45 Section 5.8(vii) Repurchase Amounts for Repurchased Receivable By Seller 0.00 By Servicer 45,422.72 TOTAL 45,422.72 Section 5.8(viii) Realized Net Losses for Collection Period 196,488.04 Section 5.8(ix) Reserve Account Balance after Disbursement 8,457,498.55 Section 5.8(x) Specified Reserve Account Balance 8,457,498.55 Section 5.8(xi) Total Distribution Amount 18,453,069.34 Servicing Fee 248,637.40 Administration Fee 1,000.00 Noteholders Distribution Amount 17,732,774.77 Certficateholders Distribution Amount 164,379.22 Deposit to Reserve Account 306,277.95 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION