Page 1
Chase Manhattan Auto Owner Trust 1997-B
                                                 Statement to Certificateholders
                                                 January 16 2001


        DISTRIBUTION IN DOLLARS
               ORIGINAL              PRIOR                                                                             CURRENT
               FACE                  PRINCIPAL                                              REALIZED   DEFERRED        PRINCIPAL
CLASS          VALUE                 BALANCE         PRINCIPAL   INTEREST       TOTAL        LOSES     INTEREST        BALANCE

                                                                                           
A1        200,000,000.00                  0.00            0.00         0.00          0.00    0.00       0.00                 0.00
A2        294,000,000.00                  0.00            0.00         0.00          0.00    0.00       0.00                 0.00
A3        227,000,000.00                  0.00            0.00         0.00          0.00    0.00       0.00                 0.00
A4        133,000,000.00         13,129,413.03    8,677,227.30    71,117.65  8,748,344.95    0.00       0.00         4,452,185.73
A5         70,000,000.00         70,000,000.00            0.00   385,000.00    385,000.00    0.00       0.00        70,000,000.00
B1         29,148,275.79         29,148,275.79            0.00   163,959.05    163,959.05    0.00       0.00        29,148,275.79
TOTALS    953,148,275.79        112,277,688.82    8,677,227.30   620,076.70  9,297,304.00    0.00       0.00       103,600,461.52


    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            5.744000 %
A2            0.00000000          0.00000000        0.00000000      0.00000000        0.00000000       A2            6.100000 %
A3            0.00000000          0.00000000        0.00000000      0.00000000        0.00000000       A3            6.350000 %
A4           98.71739120         65.24231053        0.53471917     65.77702970       33.47508068       A4            6.500000 %
A5        1,000.00000000          0.00000000        5.50000000      5.50000000    1,000.00000000       A5            6.600000 %
B1        1,000.00000000          0.00000000        5.62499995      5.62499995    1,000.00000000       B1            6.750000 %
TOTALS      117.79666571          9.10375387        0.65055639      9.75431025      108.69291185


IF THERE, ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Jennifer  Baran
The Chase Manhattan Bank - Structured Finance Services
450 West 33rd St, 14th fl,
New York, New York 10001
Tel: (212) 946-3881
Fax: (212) 946-3916

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION




                                                                          Page 2
Chase Manhattan Auto Owner Trust 1997-B
                                                 Statement to Certificateholders
                                                 January 16 2001


                                                                                       
                                               Due Period                                                43
                                               Due Period Beginning Date                           12/01/00
                                               Due Period End Date                                 12/31/00
                                               Determination Date                                  01/10/01


Section 5.8(iii)       Servicing Fee                                                              93,564.74
Section 5.8(iii)       Servicing Fee per $1000                                                   0.09816389

Section 5.8(iv)        Administration Fee                                                          1,000.00
Section 5.8(iv)        Administration Fee per $1000                                              0.00104915

Section 5.8(vi)        Pool Balance at the end of the Collection Period                      103,600,461.52

Section 5.8(vii)       Repurchase Amounts for Repurchased Receivable
                       By Seller                                                                       0.00
                       By Servicer                                                               114,795.41
                       TOTAL                                                                     114,795.41

Section 5.8(viii)      Realized Net Losses for Collection Period                                 272,180.75

Section 5.8(ix)        Reserve Account Balance after Disbursement                              7,014,725.43

Section 5.8(x)         Specified Reserve Account Balance                                       7,148,612.07

Section 5.8(xi)        Total Distribution Amount                                               9,391,868.74
                       Servicing Fee                                                              93,564.74
                       Administration Fee                                                          1,000.00
                       Noteholders Distribution Amount                                         9,133,344.95

                       Certficateholders Distribution Amount                                     163,959.05
                       Deposit to Reserve Account                                                      0.00




                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION