Page 1 Chase Manhattan Auto Owner Trust 1998-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 250,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A2 200,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A3 321,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A4 282,800,000.00 249,312,475.80 14,578,824.23 1,205,010.30 15,783,834.53 0.00 0.00 234,733,651.57 B1 32,604,142.65 32,604,142.65 0.00 164,379.22 164,379.22 0.00 0.00 32,604,142.65 TOTALS 1,086,404,142.65 281,916,618.45 14,578,824.23 1,369,389.52 15,948,213.75 0.00 0.00 267,337,794.22 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 5.578000 % A2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A2 5.729000 % A3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A3 5.750000 % A4 881.58584088 51.55171227 4.26099823 55.81271050 830.03412861 A4 5.800000 % B1 1,000.00000000 0.00000000 5.04166669 5.04166669 1,000.00000000 B1 6.050000 % TOTALS 259.49516150 13.41933785 1.26047892 14.67981677 246.07582365 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 1998-B January 16 2001 STATEMENT TO CERTIFICATEHOLDERS Due Period 33 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 234,930.52 Section 5.8(iii) Servicing Fee per $1000 0.21624597 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 267,337,794.22 Section 5.8(vii) Repurchase Amounts for Repurchased Receivable By Seller 0.00 By Servicer 108,806.43 TOTAL 108,806.43 Section 5.8(viii) Realized Net Losses for Collection Period 312,236.89 Section 5.8(ix) Reserve Account Balance after Disbursement 8,148,031.07 Section 5.8(x) Specified Reserve Account Balance 8,148,031.07 Section 5.8(xi) Total Distribution Amount 16,184,144.27 Servicing Fee 234,930.52 Administration Fee 1,000.00 Noteholders Distribution Amount 15,783,834.53 Certficateholders Distribution Amount 164,379.22 Deposit to Reserve Account 0.00 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION