Exhibit 20.1

                                                                          Page 1
Chase Manhattan Auto Owner Trust 2003-A
                                                 Statement to Certificateholders
                                                                    June 15 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   310,627,104.64   48,995,510.00    326,158.46   49,321,668.46    0.00      0.00      261,631,594.64
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 1,398,627,104.64   48,995,510.00  1,959,053.46   50,954,563.46    0.00      0.00    1,349,631,594.64





    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     599.66622517    94.58592664    0.62964954    95.21557618   505.08029853      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                 695.83438042    24.37587562    0.97465346    25.35052908   671.45850480



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
                                                                    June 15 2004
                                                 STATEMENT TO CERTIFICATEHOLDERS


                                                                                                          
                                                                                   Due Period                                    12
                                                                                   Due Period Beginning Date               05/01/04
                                                                                   Due Period End Date                     05/31/04
                                                                                   Determination Date                      06/10/04

Section 5.8(iii)                        Servicing Fee                                                                  1,165,522.59
Section 5.8(iii)                        Servicing Fee per $1000                                                          0.57986198

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                           1,349,631,598.26

Section 5.8(vii)                        Repurchase Amounts for Repurchased Receivable
                                        By Seller                                                                              0.00
                                        By Servicer                                                                       82,011.06
                                        TOTAL                                                                             82,011.06

Section 5.8(viii)                       Realized Net Losses for Collection Period                                        247,959.15

Section 5.8(ix)                         Reserve Account Balance after Disbursement                                    23,618,552.97

Section 5.8(x)                          Specified Reserve Account Balance                                             23,618,552.97

Section 5.8(xi)                         Yield Supplement Account Balance                                               1,950,977.03

Section 5.8(xii)                        Total Distribution Amount                                                     54,562,762.05
                                        Servicing Fee                                                                  1,165,522.59
                                        Administration Fee                                                                 1,000.00
                                        Noteholders Distribution Amount                                               50,869,053.46
                                        Certficateholders Distribution Amount                                             85,510.00
                                        Deposit to Reserve Account                                                     2,441,676.00


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