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