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.