Page 1 Chase Manhattan Auto Owner Trust 2003-C Statement to Certificateholders April 15 2004 DISTRIBUTION IN DOLLARS ORIGINAL PRIOR CURRENT FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE A1 212,000,000.00 126,388,296.97 32,282,697.22 124,071.18 32,406,768.40 0.00 0.00 94,105,599.75 A2 286,000,000.00 286,000,000.00 0.00 381,333.33 381,333.33 0.00 0.00 286,000,000.00 A3 234,000,000.00 234,000,000.00 0.00 440,700.00 440,700.00 0.00 0.00 234,000,000.00 A4 243,000,000.00 243,000,000.00 0.00 595,350.00 595,350.00 0.00 0.00 243,000,000.00 CERT 25,000,000.00 25,000,000.00 0.00 57,916.67 57,916.67 0.00 0.00 25,000,000.00 TOTALS 1,000,000,000.00 914,388,296.97 32,282,697.22 1,599,371.18 33,882,068.40 0.00 0.00 882,105,599.75 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 161581D86 596.17121212 152.27687368 0.58524142 152.86211509 443.89433844 A1 1.140000 % A2 161581DC4 1,000.00000000 0.00000000 1.33333332 1.33333332 1,000.00000000 A2 1.600000 % A3 161581DD2 1,000.00000000 0.00000000 1.88333333 1.88333333 1,000.00000000 A3 2.260000 % A4 161581DEO 1,000.00000000 0.00000000 2.45000000 2.45000000 1,000.00000000 A4 2.940000 % CERT 161581DF7 1,000.00000000 0.00000000 2.31666680 2.31666680 1,000.00000000 CERT 2.780000 % TOTALS 914.38829697 32.28269722 1.59937118 33.88206840 882.10559975 IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Kelly M Crosson JPMorgan Chase Bank - Structured Finance Services 4 NY Plaza, 6th floor, New York, New York 10004 Tel: (212) 623-5439 Fax: (212) 623-5932 Email: kelly.crosson@jpmorgan.com Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved. Page 2 Chase Manhattan Auto Owner Trust 2003-C April 15 2004 STATEMENT TO CERTIFICATEHOLDERS Due Period 4 Due Period Beginning Date 03/01/04 Due Period End Date 03/31/04 Determination Date 04/09/04 Section 5.8(iii) Servicing Fee 761,990.25 Section 5.8(iii) Servicing Fee per $1000 0.76199025 Section 5.8(iv) Administration Fee 1,000.00 Section 5.8(iv) Administration Fee per $1000 0.00100000 Section 5.8(vi) Pool Balance at the end of the Collection Period 882,105,599.78 Section 5.8(vii) Repurchase Amounts for Repurchased Receivable By Seller 0.00 By Servicer 0.00 TOTAL 0.00 Section 5.8(viii) Realized Net Losses for Collection Period 178,558.25 Section 5.8(ix) Reserve Account Balance after Disbursement 19,268,671.66 Section 5.8(x) Specified Reserve Account Balance 19,847,376.00 Section 5.8(xi) Yield Supplement Account Balance 2,709,032.28 Section 5.8(xii) Total Distribution Amount 36,500,051.72 Servicing Fee 761,990.25 Administration Fee 1,000.00 Noteholders Distribution Amount 33,824,151.73 Certficateholders Distribution Amount 57,916.67 Deposit to Reserve Account 1,854,993.07 Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.