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