Page 1 Chase Manhattan Auto Owner Trust 1998-A 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 238,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A2 204,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A3 294,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A4 246,000,000.00 128,980,903.91 12,842,592.16 623,407.70 13,465,999.86 0.00 0.00 116,138,311.75 B1 30,620,164.79 30,620,164.79 0.00 153,100.82 153,100.82 0.00 0.00 30,620,164.79 TOTALS 1,012,620,164.79 159,601,068.70 12,842,592.16 776,508.52 13,619,100.68 0.00 0.00 146,758,476.54 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 5.549000 % A2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A2 5.679000 % A3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A3 5.700000 % A4 524.31261752 52.20565919 2.53417764 54.73983683 472.10695833 A4 5.800000 % B1 1,000.00000000 0.00000000 4.99999987 4.99999987 1,000.00000000 B1 6.000000 % TOTALS 157.61197955 12.68253646 0.76683099 13.44936745 144.92944309 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-A June 15 2001 STATEMENT TO CERTIFICATEHOLDERS Due Period 40 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 133,000.89 Section 5.8(iii) Servicing Fee per $1000 0.13134332 Section 5.8(iv) Administration Fee 1,000.00 Section 5.8(iv) Administration Fee per $1000 0.00098754 Section 5.8(vi) Pool Balance at the end of the Collection Period 146,758,476.54 Section 5.8(vii) Repurchase Amounts for Repurchased Receivable By Seller 0.00 By Servicer 67,109.50 TOTAL 67,109.50 Section 5.8(viii) Realized Net Losses for Collection Period 184,906.84 Section 5.8(ix) Reserve Account Balance after Disbursement 7,594,651.24 Section 5.8(x) Specified Reserve Account Balance 7,594,651.24 Section 5.8(xi) Total Distribution Amount 13,859,882.72 Servicing Fee 133,000.89 Administration Fee 1,000.00 Noteholders Distribution Amount 13,465,999.86 Certficateholders Distribution Amount 153,100.82 Deposit to Reserve Account 106,781.15 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION