Chase Manhattan Auto Owner Trust 1998-B Page 1 Statement to Certificateholders March 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 282,800,000.00 217,566,449.90 15,580,734.92 1,051,571.17 16,632,306.09 B1 32,604,142.65 32,604,142.65 0.00 164,379.22 164,379.22 TOTALS 1,086,404,142.65 250,170,592.55 15,580,734.92 1,215,950.39 16,796,685.31 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 0.00 201,985,714.98 B1 0.00 0.00 32,604,142.65 TOTALS 0.00 0.00 234,589,857.63 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 769.32973798 55.09453649 3.71842705 58.81296354 714.23520149 B1 1,000.00000000 0.00000000 5.04166669 5.04166669 1,000.00000000 TOTALS 230.27396779 14.34156435 1.11924315 15.46080749 215.93240344 PASS-THROUGH RATES CURRENT CLASS PASS THRU RATE A1 5.578000% A2 5.729000% A3 5.750000% A4 5.800000% B1 6.050000% TOTALS 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 Chase Manhattan Auto Owner Trust 1998-B Page 2 March 15 2001 STATEMENT TO CERTIFICATEHOLDERS Due Period 35 Due Period Beginning Date 02/01/01 Due Period End Date 02/28/01 Determination Date 03/09/01 Section 5.8(iii) Servicing Fee 208,475.49 Section 5.8(iii) Servicing Fee per $1000 0.19189497 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 234,589,857.63 Section 5.8(vii) Repurchase Amounts for Repurchased Receivable By Seller 0.00 By Servicer 34,787.82 TOTAL 34,787.82 Section 5.8(viii) Realized Net Losses for Collection Period 149,075.73 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 17,264,004.94 Servicing Fee 208,475.49 Administration Fee 1,000.00 Noteholders Distribution Amount 16,632,306.09 Certficateholders Distribution Amount 164,379.22 Deposit to Reserve Account 257,844.14 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION