SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report: November 15, 2002
CHASE MANHATTAN AUTO OWNER TRUST
Series 2000-A, Series 2001-A, Series 2001-B,
Series 2002-A and Series 2002-B
- --------------------------------------------------------------------------------
(Issuer of securities)
CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION
- --------------------------------------------------------------------------------
(Exact name of the registrant as specified in its charter)
United States 333-74600 22-2382028
- ------------------------------ ------------------------------- --------------------------------
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
White Clay Center, Building 200, Newark, DE 19711
-------------------------------------------------------- ------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (302) 575-5000
Item 5. Other Events:
Chase Manhattan Bank USA, National Association ("Chase USA") is the
registrant of a number of outstanding Series of Chase Manhattan Auto Owner
Trusts. Each Series of Chase Manhattan Auto Owner Trusts issued multiple series
of Asset Backed Securities.
On November 15, 2002, Chase USA, as servicer, distributed monthly
interest to the holders of the Notes and Certificates of Series 2000-A, Series
2001-A, Series 2001-B, Series 2002-A and Series 2002-B. Chase USA furnished
copies of the monthly statement to certificateholders for the above referenced
Series to such holders as required by the related Sale and Servicing Agreement.
Copies of the related monthly statement to certificateholders are being filed as
Exhibit 20.1 to this Current Report on Form 8-K.
Item 7(c). Exhibits
Exhibits Description
---------- ---------------
20.1 Monthly statements to certificateholders
with respect to the November 15, 2002
distribution.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: November 15, 2002
By: CHASE MANHATTAN BANK USA,
NATIONAL ASSOCIATION as Servicer
By: /s/ Patricia M. Garvey
-----------------------------------
Name: Patricia M. Garvey
Title: Vice President
INDEX TO EXHIBITS
----------------------------
Exhibit No. Description
- --------------- -----------------
20.1 Monthly Statements to Certificateholders
dated November 15, 2002.
Page 1
Chase Manhattan Auto Owner Trust 2000-A
Statement to Certificateholders
November 15 2002
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
A1 259,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A2 292,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A3 397,000,000.00 204,124,622.43 26,714,076.07 1,056,344.92 27,770,420.99 0.00 0.00 177,410,546.36
A4 294,000,000.00 294,000,000.00 0.00 1,533,700.00 1,533,700.00 0.00 0.00 294,000,000.00
B1 38,466,538.08 23,470,392.37 826,208.54 126,740.12 952,948.66 0.00 0.00 22,644,183.83
TOTALS 1,280,466,538.08 521,595,014.80 27,540,284.61 2,716,785.04 30,257,069.65 0.00 0.00 494,054,730.19
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
A1 161581bk8 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A1 6.470000 %
A2 161581bl6 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A2 6.300000 %
A3 161581bm4 514.16781469 67.28986416 2.66081844 69.95068259 446.87795053 A3 6.210000 %
A4 161581bn2 1,000.00000000 0.00000000 5.21666667 5.21666667 1,000.00000000 A4 6.260000 %
B1 161581bp7 610.15088806 21.47863003 3.29481483 24.77344486 588.67225803 B1 6.480000 %
TOTALS 407.34763408 21.50800805 2.12171498 23.62972303 385.83962602
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Maria Inoa
JPMorgan Chase Bank - Structured Finance Services
4 New York Plaza, 6th Floor,
New York, New York 10004
Tel: (212) 623-5438
Fax: (212) 623-5933
Email: maria.inoa@chase.com
Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.
Page 2
Chase Manhattan Auto Owner Trust 2000-A
November 15 2002
STATEMENT TO CERTIFICATEHOLDERS
Due Period 23
Due Period Beginning Date 10/01/02
Due Period End Date 10/31/02
Determination Date 11/08/02
Section 5.8(iii) Servicing Fee 434,662.51
Section 5.8(iii) Servicing Fee per $1000 0.33945636
Section 5.8(iv) Administration Fee 1,000.00
Section 5.8(iv) Administration Fee per $1000 0.00078097
Section 5.8(vi) Pool Balance at the end of the Collection Period 494,054,730.19
Section 5.8(vii) Repurchase Amounts for Repurchased Receivable
By Seller 0.00
By Servicer 105,428.85
TOTAL 105,428.85
Section 5.8(viii) Realized Net Losses for Collection Period 555,062.01
Section 5.8(ix) Reserve Account Balance after Disbursement 11,116,231.43
Section 5.8(x) Specified Reserve Account Balance 11,116,231.43
Section 5.8(xi) Total Distribution Amount 31,273,993.82
Servicing Fee 434,662.51
Administration Fee 1,000.00
Noteholders Distribution Amount 29,304,120.99
Certficateholders Distribution Amount 952,948.66
Deposit to Reserve Account 581,261.66
Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.
Page 1
Chase Manhattan Auto Owner Trust 2001-A
Statement to Certificateholders
November 15 2002
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
A1 279,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A2 243,000,000.00 13,204,278.97 13,204,278.97 43,904.23 13,248,183.20 0.00 0.00 0.00
A3 384,000,000.00 384,000,000.00 16,394,232.74 1,456,000.00 17,850,232.74 0.00 0.00 367,605,767.26
A4 258,100,000.00 258,100,000.00 0.00 1,090,472.50 1,090,472.50 0.00 0.00 258,100,000.00
B 36,016,952.89 36,016,952.89 919,592.44 151,871.48 1,071,463.92 0.00 0.00 35,097,360.45
TOTALS 1,200,116,952.89 691,321,231.86 30,518,104.15 2,742,248.21 33,260,352.36 0.00 0.00 660,803,127.71
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
A1 161581BQ5 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A1 3.660000 %
A2 161581BR3 54.33859658 54.33859658 0.18067584 54.51927243 0.00000000 A2 3.990000 %
A3 161581BS1 1,000.00000000 42.69331443 3.79166667 46.48498109 957.30668557 A3 4.550000 %
A4 161581BT9 1,000.00000000 0.00000000 4.22500000 4.22500000 1,000.00000000 A4 5.070000 %
B N/A 1,000.00000000 25.53221098 4.21666654 29.74887752 974.46778902 B 5.060000 %
TOTALS 576.04488479 25.42927510 2.28498415 27.71425925 550.61560969
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Maria Inoa
JPMorgan Chase Bank - Structured Finance Services
4 New York Plaza, 6th Floor,
New York, New York 10004
Tel: (212) 623-5438
Fax: (212) 623-5933
Email: maria.inoa@chase.com
Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.
Page 2
Chase Manhattan Auto Owner Trust 2001-A
November 15 2002
STATEMENT TO CERTIFICATEHOLDERS
Due Period 16
Due Period Beginning Date 10/01/02
Due Period End Date 10/31/02
Determination Date 11/08/02
Section 5.8(iii) Servicing Fee 576,101.03
Section 5.8(iii) Servicing Fee per $1000 0.48003741
Section 5.8(iv) Administration Fee 1,000.00
Section 5.8(iv) Administration Fee per $1000 0.00083325
Section 5.8(vi) Pool Balance at the end of the Collection Period 660,803,127.71
Section 5.8(vii) Repurchase Amounts for Repurchased Receivable
By Seller 0.00
By Servicer 25,292.76
TOTAL 25,292.76
Section 5.8(viii) Realized Net Losses for Collection Period 530,053.49
Section 5.8(ix) Reserve Account Balance after Disbursement 14,868,070.37
Section 5.8(x) Specified Reserve Account Balance 14,868,070.37
Section 5.8(xi) Total Distribution Amount 34,634,662.59
Servicing Fee 576,101.03
Administration Fee 1,000.00
Noteholders Distribution Amount 32,188,888.44
Certficateholders Distribution Amount 1,071,463.92
Deposit to Reserve Account 797,209.20
Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.
Page 1
Chase Manhattan Auto Owner Trust 2001-B
Statement to Certificateholders
November 15 2002
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
A1 280,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A2 300,000,000.00 167,097,346.13 35,511,829.97 339,764.60 35,851,594.57 0.00 0.00 131,585,516.16
A3 365,000,000.00 365,000,000.00 0.00 939,875.00 939,875.00 0.00 0.00 365,000,000.00
A4 322,380,000.00 322,380,000.00 0.00 1,020,870.00 1,020,870.00 0.00 0.00 322,380,000.00
B 32,503,047.00 32,503,047.00 0.00 101,572.02 101,572.02 0.00 0.00 32,503,047.00
TOTALS 1,299,883,047.00 886,980,393.13 35,511,829.97 2,402,081.62 37,913,911.59 0.00 0.00 851,468,563.16
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
A1 161581BV4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A1 2.180000 %
A2 161581BW2 556.99115377 118.37276657 1.13254867 119.50531523 438.61838720 A2 2.440000 %
A3 161581BX0 1,000.00000000 0.00000000 2.57500000 2.57500000 1,000.00000000 A3 3.090000 %
A4 161581BY8 1,000.00000000 0.00000000 3.16666667 3.16666667 1,000.00000000 A4 3.800000 %
B 161581BZ5 1,000.00000000 0.00000000 3.12499994 3.12499994 1,000.00000000 B 3.750000 %
TOTALS 682.35399729 27.31925003 1.84792134 29.16717137 655.03474726
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Maria Inoa
JPMorgan Chase Bank - Structured Finance Services
4 New York Plaza, 6th Floor,
New York, New York 10004
Tel: (212) 623-5438
Fax: (212) 623-5933
Email: maria.inoa@chase.com
Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.
Page 2
Chase Manhattan Auto Owner Trust 2001-B
November 15 2002
STATEMENT TO CERTIFICATEHOLDERS
Due Period 12
Due Period Beginning Date 10/01/02
Due Period End Date 10/31/02
Determination Date 11/08/02
Section 5.8(iii) Servicing Fee 739,150.33
Section 5.8(iii) Servicing Fee per $1000 0.56862833
Section 5.8(iv) Administration Fee 1,000.00
Section 5.8(iv) Administration Fee per $1000 0.00076930
Section 5.8(vi) Pool Balance at the end of the Collection Period 851,468,569.03
Section 5.8(vii) Repurchase Amounts for Repurchased Receivable
By Seller 0.00
By Servicer 81,736.73
TOTAL 81,736.73
Section 5.8(viii) Realized Net Losses for Collection Period 625,591.13
Section 5.8(ix) Reserve Account Balance after Disbursement 14,900,699.96
Section 5.8(x) Specified Reserve Account Balance 14,900,699.96
Section 5.8(xi) Total Distribution Amount 40,575,339.47
Servicing Fee 739,150.33
Administration Fee 1,000.00
Noteholders Distribution Amount 37,812,339.57
Certficateholders Distribution Amount 101,572.02
Deposit to Reserve Account 1,921,277.55
Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.
Page 1
Chase Manhattan Auto Owner Trust 2002-A
Statement to Certificateholders
November 15 2002
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
A1 445,000,000.00 28,023,737.47 28,023,737.47 46,875.54 28,070,613.01 0.00 0.00 0.00
A2 460,000,000.00 460,000,000.00 28,696,631.00 1,008,166.67 29,704,797.67 0.00 0.00 431,303,369.00
A3 570,000,000.00 570,000,000.00 0.00 1,657,750.00 1,657,750.00 0.00 0.00 570,000,000.00
A4 498,400,000.00 498,400,000.00 0.00 1,761,013.33 1,761,013.33 0.00 0.00 498,400,000.00
R 50,600,000.00 50,600,000.00 0.00 175,835.00 175,835.00 0.00 0.00 50,600,000.00
TOTALS 2,024,000,000.00 1,607,023,737.47 56,720,368.47 4,649,640.54 61,370,009.01 0.00 0.00 1,550,303,369.00
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
A1 161581CA9 62.97469094 62.97469094 0.10533829 63.08002924 0.00000000 A1 1.942500 %
A2 161581CB7 1,000.00000000 62.38398043 2.19166667 64.57564711 937.61601957 A2 2.630000 %
A3 161581CC5 1,000.00000000 0.00000000 2.90833333 2.90833333 1,000.00000000 A3 3.490000 %
A4 161581CD3 1,000.00000000 0.00000000 3.53333333 3.53333333 1,000.00000000 A4 4.240000 %
R 161581CE1 1,000.00000000 0.00000000 3.47500000 3.47500000 1,000.00000000 R 4.170000 %
TOTALS 793.98406001 28.02389747 2.29725323 30.32115070 765.96016255
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Maria Inoa
JPMorgan Chase Bank - Structured Finance Services
4 New York Plaza, 6th Floor,
New York, New York 10004
Tel: (212) 623-5438
Fax: (212) 623-5933
Email: maria.inoa@chase.com
Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.
Page 2
Chase Manhattan Auto Owner Trust 2002-A
November 15 2002
STATEMENT TO CERTIFICATEHOLDERS
Due Period 8
Due Period Beginning Date 10/01/02
Due Period End Date 10/31/02
Determination Date 11/08/02
Section 5.8(iii) Servicing Fee 1,339,186.45
Section 5.8(iii) Servicing Fee per $1000 0.66165338
Section 5.8(iv) Administration Fee 1,000.00
Section 5.8(iv) Administration Fee per $1000 0.00049407
Section 5.8(vi) Pool Balance at the end of the Collection Period 1,550,303,369.07
Section 5.8(vii) Repurchase Amounts for Repurchased Receivable
By Seller 0.00
By Servicer 97,461.34
TOTAL 97,461.34
Section 5.8(viii) Realized Net Losses for Collection Period 684,481.05
Section 5.8(ix) Reserve Account Balance after Disbursement 31,006,067.38
Section 5.8(x) Specified Reserve Account Balance 31,006,067.38
Section 5.8(xi) Total Distribution Amount 65,568,183.52
Servicing Fee 1,339,186.45
Administration Fee 1,000.00
Noteholders Distribution Amount 61,194,174.01
Certficateholders Distribution Amount 175,835.00
Deposit to Reserve Account 2,857,988.06
Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.
Page 1
Chase Manhattan Auto Owner Trust 2002-B
Statement to Certificateholders
November 15 2002
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
A1 288,000,000.00 115,801,182.30 41,595,752.54 192,365.39 41,788,117.93 0.00 0.00 74,205,429.76
A2 335,000,000.00 335,000,000.00 0.00 753,750.00 753,750.00 0.00 0.00 335,000,000.00
A3 365,000,000.00 365,000,000.00 0.00 1,088,916.67 1,088,916.67 0.00 0.00 365,000,000.00
A4 345,800,000.00 345,800,000.00 0.00 1,213,181.67 1,213,181.67 0.00 0.00 345,800,000.00
CERT 34,200,000.00 34,200,000.00 0.00 120,840.00 120,840.00 0.00 0.00 34,200,000.00
TOTALS 1,368,000,000.00 1,195,801,182.30 41,595,752.54 3,369,053.73 44,964,806.27 0.00 0.00 1,154,205,429.76
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
A1 161581CL5 402.08743854 144.42969632 0.66793538 145.09763170 257.65774222 A1 1.929100 %
A2 161581CM3 1,000.00000000 0.00000000 2.25000000 2.25000000 1,000.00000000 A2 2.700000 %
A3 161581CN1 1,000.00000000 0.00000000 2.98333334 2.98333334 1,000.00000000 A3 3.580000 %
A4 161581CP6 1,000.00000000 0.00000000 3.50833334 3.50833334 1,000.00000000 A4 4.210000 %
CERT 161581CQ4 1,000.00000000 0.00000000 3.53333333 3.53333333 1,000.00000000 CERT 4.240000 %
TOTALS 874.12367127 30.40625186 2.46275857 32.86901043 843.71741942
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Maria Inoa
JPMorgan Chase Bank - Structured Finance Services
4 New York Plaza, 6th Floor,
New York, New York 10004
Tel: (212) 623-5438
Fax: (212) 623-5933
Email: maria.inoa@chase.com
Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.
Page 2
Chase Manhattan Auto Owner Trust 2002-B
November 15 2002
STATEMENT TO CERTIFICATEHOLDERS
Due Period 5
Due Period Beginning Date 10/01/02
Due Period End Date 10/31/02
Determination Date 11/08/02
Section 5.8(iii) Servicing Fee 996,500.99
Section 5.8(iii) Servicing Fee per $1000 0.72843640
Section 5.8(iv) Administration Fee 1,000.00
Section 5.8(iv) Administration Fee per $1000 0.00073099
Section 5.8(vi) Pool Balance at the end of the Collection Period 1,154,205,429.76
Section 5.8(vii) Repurchase Amounts for Repurchased Receivable
By Seller 0.00
By Servicer 43,673.86
TOTAL 43,673.86
Section 5.8(viii) Realized Net Losses for Collection Period 319,178.75
Section 5.8(ix) Reserve Account Balance after Disbursement 20,198,595.02
Section 5.8(x) Specified Reserve Account Balance 20,198,595.02
Section 5.8(xi) Yield Supplement Account Balance 5,617,388.21
Section 5.8(xii) Total Distribution Amount 48,667,045.28
Servicing Fee 996,500.99
Administration Fee 1,000.00
Noteholders Distribution Amount 44,843,966.27
Certficateholders Distribution Amount 120,840.00
Deposit to Reserve Account 2,704,738.02
Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.