Page 1 Chase Manhattan Auto Owner Trust 1998-B Statement to Certificateholders February 15 2001 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 282,800,000.00 234,733,651.57 17,167,201.67 1,134,545.98 18,301,747.65 B1 32,604,142.65 32,604,142.65 0.00 164,379.22 164,379.22 TOTALS 1,086,404,142.65 267,337,794.22 17,167,201.67 1,298,925.20 18,466,126.87 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 0.00 217,566,449.90 B1 0.00 0.00 32,604,142.65 TOTALS 0.00 0.00 250,170,592.55 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 830.03412861 60.70439063 4.01183161 64.71622224 769.32973798 B1 1,000.00000000 0.00000000 5.04166669 5.04166669 1,000.00000000 TOTALS 246.07582365 15.80185586 1.19561878 16.99747465 230.27396779 PASS-THROUGH RATES CURRENT PASS THRU CLASS RATE A1 5.578000 % A2 5.729000 % A3 5.750000 % A4 5.800000 % B1 6.050000 % IF THERE, ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Maria Inoa The Chase Manhattan Bank - Structured Finance Services 450 W. 33rd Street, 14th Floor, New York, New York 10001 Tel: (212) 946-3676 Fax: 212) 946-8552 Email: maria.inoa@chase.com (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION Page 2 Chase Manhattan Auto Owner Trust 1998-B Statement to Certificateholders February 15 2001 Due Period 34 Due Period Beginning Date 01/01/01 Due Period End Date 01/31/01 Determination Date 02/09/01 Section 5.8(iii) Servicing Fee 222,781.50 Section 5.8(iii) Servicing Fee per $1000 0.20506319 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 250,170,592.55 Section 5.8(vii) Repurchase Amounts for Repurchased Receivable By Seller 0.00 By Servicer 115,769.55 TOTAL 115,769.55 Section 5.8(viii) Realized Net Losses for Collection Period 189,773.60 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 19,221,118.69 Servicing Fee 222,781.50 Administration Fee 1,000.00 Noteholders Distribution Amount 18,301,747.65 Certficateholders Distribution Amount 164,379.22 Deposit to Reserve Account 531,210.32 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION