Page 1 Chase Manhattan Auto Owner Trust 1998-B Statement to Certificateholders August 15 2001 DISTRIBUTION IN DOLLARS ORIGINAL PRIOR CURRENT FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE A1 250,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A2 200,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A3 321,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A4 282,800,000.00 142,894,845.52 13,688,654.56 690,658.42 14,379,312.98 0.00 0.00 129,206,190.96 B1 32,604,142.65 32,604,142.65 0.00 164,379.22 164,379.22 0.00 0.00 32,604,142.65 TOTALS 1,086,404,142.65 175,498,988.17 13,688,654.56 855,037.64 14,543,692.20 0.00 0.00 161,810,333.61 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 5.578000 % A2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A2 5.729000 % A3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A3 5.750000 % A4 505.28587525 48.40401188 2.44221506 50.84622694 456.88186337 A4 5.800000 % B1 1,000.00000000 0.00000000 5.04166669 5.04166669 1,000.00000000 B1 6.050000 % TOTALS 161.54116252 12.59996536 0.78703459 13.38699995 148.94119716 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-B August 15 2001 STATEMENT TO CERTIFICATEHOLDERS Due Period 40 Due Period Beginning Date 07/01/01 Due Period End Date 07/31/01 Determination Date 08/10/01 Section 5.8(iii) Servicing Fee 146,249.16 Section 5.8(iii) Servicing Fee per $1000 0.13461764 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 161,810,333.61 Section 5.8(vii) Repurchase Amounts for Repurchased Receivable By Seller 0.00 By Servicer 35,944.18 TOTAL 35,944.18 Section 5.8(viii) Realized Net Losses for Collection Period 81,345.80 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 14,968,138.82 Servicing Fee 146,249.16 Administration Fee 1,000.00 Noteholders Distribution Amount 14,379,312.98 Certficateholders Distribution Amount 164,379.22 Deposit to Reserve Account 277,197.46 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION