Exhibit 20.1
Page 1
Chase Manhattan Auto Owner Trust 2003-C
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 212,000,000.00 64,936,163.20 26,281,417.50 59,633.04 26,341,050.54 0.00 0.00 38,654,745.70
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 1,000,000,000.00 852,936,163.20 26,281,417.50 1,534,933.04 27,816,350.54 0.00 0.00 826,654,745.70
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR CLASS RATE
A1 161581D86 306.30265660 123.96895047 0.28128792 124.25023840 182.33370613 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 852.93616320 26.28141750 1.53493304 27.81635054 826.65474570
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
June 15 2004
STATEMENT TO CERTIFICATEHOLDERS
Due Period 6
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 710,780.14
Section 5.8(iii) Servicing Fee per $1000 0.71078014
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 826,654,745.73
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 260,891.89
Section 5.8(ix) Reserve Account Balance after Disbursement 18,599,731.78
Section 5.8(x) Specified Reserve Account Balance 18,599,731.78
Section 5.8(xi) Yield Supplement Account Balance 2,402,700.37
Section 5.8(xii) Total Distribution Amount 29,719,707.69
Servicing Fee 710,780.14
Administration Fee 1,000.00
Noteholders Distribution Amount 27,758,433.87
Certficateholders Distribution Amount 57,916.67
Deposit to Reserve Account 1,191,577.01
Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.