Chase Manhattan Auto Owner Trust 1998-C Page 1 Statement to Certificateholders July 16 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 283,900,000.00 207,357,423.75 13,944,947.53 1,010,867.44 14,955,814.97 0.00 0.00 193,412,476.22 B1 32,889,211.45 14,439,441.05 431,287.04 72,197.21 503,484.25 0.00 0.00 14,008,154.01 TOTALS 1,094,789,211.45 221,796,864.80 14,376,234.57 1,083,064.65 15,459,299.22 0.00 0.00 207,420,630.23 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 730.38895298 49.11922342 3.56064614 52.67986957 681.26972955 A4 5.850000% B1 439.03275309 13.11332869 2.19516391 15.30849260 425.91942441 B1 6.000000% TOTALS 202.59321382 13.13150917 0.98929058 14.12079975 189.46170465 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-C Page 2 July 16 2001 STATEMENT TO CERTIFICATEHOLDERS Due Period 37 Due Period Beginning Date 06/01/01 Due Period End Date 06/30/01 Determination Date 07/10/01 Section 5.8(iii) Servicing Fee 184,830.72 Section 5.8(iii) Servicing Fee per $1000 0.16882768 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 207,420,630.23 Section 5.8(vii) Repurchase Amounts for Repurchased Receivable By Seller 0.00 By Servicer 65,184.47 TOTAL 65,184.47 Section 5.8(viii) Realized Net Losses for Collection Period 66,376.36 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 15,966,098.94 Servicing Fee 184,830.72 Administration Fee 1,000.00 Noteholders Distribution Amount 14,955,814.97 Certficateholders Distribution Amount 503,484.25 Deposit to Reserve Account 320,969.00 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION