Page 1
Chase Manhattan Auto Owner Trust 1998-C

                                                Statement to Certificateholders
                                                                   June 15 2001




        DISTRIBUTION IN DOLLARS
              ORIGINAL                 PRIOR                                                                                CURRENT
               FACE                   PRINCIPAL                                                    REALIZED   DEFERRED    PRINCIPAL
   CLASS      VALUE                 BALANCE              PRINCIPAL     INTEREST         TOTAL      LOSES     INTEREST     BALANCE
                                                                                              
A1              258,000,000.00              0.00             0.00           0.00            0.00    0.00       0.00             0.00
A2              195,000,000.00              0.00             0.00           0.00            0.00    0.00       0.00             0.00
A3              325,000,000.00              0.00             0.00           0.00            0.00    0.00       0.00             0.00
A4              283,900,000.00    223,491,129.03    16,133,705.28   1,089,519.25   17,223,224.53    0.00       0.00   207,357,423.75
B1               32,889,211.45     14,938,421.63       498,980.58      74,692.11      573,672.69    0.00       0.00    14,439,441.05
TOTALS        1,094,789,211.45    238,429,550.66    16,632,685.86   1,164,211.36   17,796,897.22    0.00       0.00   221,796,864.80






    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                                                               PASS-THROUGH RATES
                 PRIOR                                                                            CURRENT                  CURRENT
                  PRINCIPAL                                                                       PRINCIPAL       CLASS   PASS THRU
 CLASS           FACTOR               PRINCIPAL         INTEREST           TOTAL                FACTOR                        RATE
                                                                                                    
A1                    0.00000000         0.00000000        0.00000000        0.00000000        0.00000000        A1      5.588000 %
A2                    0.00000000         0.00000000        0.00000000        0.00000000        0.00000000        A2      5.747000 %
A3                    0.00000000         0.00000000        0.00000000        0.00000000        0.00000000        A3      5.800000 %
A4                  787.21778454        56.82883156        3.83768669       60.66651825      730.38895298        A4      5.850000 %
B1                  454.20431112        15.17155803        2.27102161       17.44257964      439.03275309        B1      6.000000 %
TOTALS              217.78580586        15.19259204        1.06341143       16.25600347      202.59321382




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

                                                          June 15 2001
                                                STATEMENT TO CERTIFICATEHOLDERS



                                                                                              
                                                                      Due Period                                   36
                                                                      Due Period Beginning Date              05/01/01
                                                                      Due Period End Date                    05/31/01
                                                                      Determination Date                     06/08/01

Section 5.8(iii)           Servicing Fee                                                                   198,691.29
Section 5.8(iii)           Servicing Fee per $1000                                                         0.18148817

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                            221,796,864.80

Section 5.8(vii)           Repurchase Amounts for Repurchased Receivable
                           By Seller                                                                             0.00
                           By Servicer                                                                     103,299.49
                           TOTAL                                                                           103,299.49

Section 5.8(viii)          Realized Net Losses for Collection Period                                       128,376.30

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                                                    18,269,063.46
                           Servicing Fee                                                                   198,691.29
                           Administration Fee                                                                1,000.00
                           Noteholders Distribution Amount                                              17,223,224.53

                           Certficateholders Distribution Amount                                           573,672.69
                           Deposit to Reserve Account                                                      272,474.95




                                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION