Page 1 Chase Manhattan Auto Owner Trust 1998-C Statement to Certificateholders April 16 2001 DISTRIBUTION IN DOLLARS ORIGINAL PRIOR FACE PRINCIPAL CLASS VALUE BALANCE PRINCIPAL INTEREST A1 258,000,000.00 0.00 0.00 0.00 A2 195,000,000.00 0.00 0.00 0.00 A3 325,000,000.00 0.00 0.00 0.00 A4 283,900,000.00 257,546,799.74 17,825,897.59 1,255,540.65 B1 32,889,211.45 15,991,689.80 551,316.42 79,958.45 TOTALS 1,094,789,211.45 273,538,489.54 18,377,214.01 1,335,499.10 FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PRIOR PRINCIPAL CLASS FACTOR PRINCIPAL INTEREST TOTAL A1 0.00000000 0.00000000 0.00000000 0.00000000 A2 0.00000000 0.00000000 0.00000000 0.00000000 A3 0.00000000 0.00000000 0.00000000 0.00000000 A4 907.17435625 62.78935396 4.42247499 67.21182895 B1 486.22904275 16.76283485 2.43114524 19.19398010 TOTALS 249.85493708 16.78607518 1.21986871 18.00594389 FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES CURRENT REALIZED DEFERRED PRINCIPAL CLASS TOTAL LOSES INTEREST BALANCE A1 0.00 0.00 0.00 0.00 A2 0.00 0.00 0.00 0.00 A3 0.00 0.00 0.00 0.00 A4 19,081,438.24 0.00 0.00 239,720,902.15 B1 631,274.87 0.00 0.00 15,440,373.38 TOTALS 19,712,713.11 0.00 0.00 255,161,275.53 CURRENT CURRENT PRINCIPAL CLASS PASS THRU CLASS FACTOR RATE A1 0.00000000 A1 5.588000 % A2 0.00000000 A2 5.747000 % A3 0.00000000 A3 5.800000 % A4 844.38500229 A4 5.850000 % B1 469.46620789 B1 6.000000 % TOTALS 233.06886190 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-C Statement to Certificateholders April 16 2001 Due Period 34 Due Period Beginning Date 03/01/01 Due Period End Date 03/31/01 Determination Date 04/10/01 Section 5.8(iii) Servicing Fee 227,948.74 Section 5.8(iii) Servicing Fee per $1000 0.20821245 Section 5.8(iv) Administration Fee 1,000.00 Section 5.8(iv) Administration Fee per $1000 0.00091342 Section 5.8(vi) Pool Balance at the end of the Collection Period 255,161,275.53 Section 5.8(vii) Repurchase Amounts for Repurchased Receivable By Seller 0.00 By Servicer 88,913.98 TOTAL 88,913.98 Section 5.8(viii) Realized Net Losses for Collection Period 164,945.71 Section 5.8(ix) Reserve Account Balance after Disbursement 8,210,919.09 Section 5.8(x) Specified Reserve Account Balance 8,210,919.09 Section 5.8(xi) Total Distribution Amount 20,252,701.45 Servicing Fee 227,948.74 Administration Fee 1,000.00 Noteholders Distribution Amount 19,081,438.24 Certficateholders Distribution Amount 631,274.87 Deposit to Reserve Account 311,039.60 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION