Exhibit 20.1

                                                                          Page 1
Chase Manhattan Auto Owner Trust 2003-A
                                                Statement to Certificateholders
                                                May 17 2004



        DISTRIBUTION IN DOLLARS
               ORIGINAL           PRIOR                                                                               CURRENT
                FACE            PRINCIPAL                                                   REALIZED   DEFERRED      PRINCIPAL
   CLASS       VALUE             BALANCE          PRINCIPAL      INTEREST        TOTAL        LOSES    INTEREST       BALANCE
                                                                                          
A1          404,000,000.00              0.00            0.00           0.00           0.00    0.00       0.00                 0.00
A2          518,000,000.00    363,345,576.79   52,718,472.15     381,512.86  53,099,985.01    0.00       0.00       310,627,104.64
A3          520,000,000.00    520,000,000.00            0.00     658,666.67     658,666.67    0.00       0.00       520,000,000.00
A4          517,700,000.00    517,700,000.00            0.00     888,718.33     888,718.33    0.00       0.00       517,700,000.00
CERT         50,300,000.00     50,300,000.00            0.00      85,510.00      85,510.00    0.00       0.00        50,300,000.00
TOTALS    2,010,000,000.00  1,451,345,576.79   52,718,472.15   2,014,407.86  54,732,880.01    0.00       0.00     1,398,627,104.64




    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       161581CR2       0.00000000      0.00000000     0.00000000     0.00000000           0.00000000     A1          1.200000 %
A2       161581CS0     701.43933743    101.77311226     0.73651131   102.50962357         599.66622517     A2          1.260000 %
A3       161581CT8   1,000.00000000      0.00000000     1.26666667     1.26666667       1,000.00000000     A3          1.520000 %
A4       161581CU5   1,000.00000000      0.00000000     1.71666666     1.71666666       1,000.00000000     A4          2.060000 %
CERT     161581CV3   1,000.00000000      0.00000000     1.70000000     1.70000000       1,000.00000000     CERT        2.040000 %
TOTALS                 722.06247601     26.22809560     1.00219297    27.23028856         695.83438042



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-A

                                                         May 17 2004
                                               STATEMENT TO CERTIFICATEHOLDERS



                                                                 Due Period                                      11
                                                                 Due Period Beginning Date                 04/01/04
                                                                 Due Period End Date                       04/30/04
                                                                 Determination Date                        05/10/04

                                                                                            
Section 5.8(iii)      Servicing Fee                                                                    1,209,454.65
Section 5.8(iii)      Servicing Fee per $1000                                                            0.60171873

Section 5.8(iv)       Administration Fee                                                                   1,000.00
Section 5.8(iv)       Administration Fee per $1000                                                       0.00049751

Section 5.8(vi)       Pool Balance at the end of the Collection Period                             1,398,627,108.26

Section 5.8(vii)      Repurchase Amounts for Repurchased Receivable
                      By Seller                                                                                0.00
                      By Servicer                                                                         17,201.18
                      TOTAL                                                                               17,201.18

Section 5.8(viii)     Realized Net Losses for Collection Period                                          340,766.97

Section 5.8(ix)       Reserve Account Balance after Disbursement                                      24,475,974.39

Section 5.8(x)        Specified Reserve Account Balance                                               24,475,974.39

Section 5.8(xi)       Yield Supplement Account Balance                                                 2,084,819.32

Section 5.8(xii)      Total Distribution Amount                                                       58,834,436.56
                      Servicing Fee                                                                    1,209,454.65
                      Administration Fee                                                                   1,000.00
                      Noteholders Distribution Amount                                                 54,647,370.01
                      Certficateholders Distribution Amount                                               85,510.00
                      Deposit to Reserve Account                                                       2,891,101.90


                   Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.