Exhibit 20.1

                                                                          Page 1
Chase Manhattan Auto Owner Trust 2003-A
                                                Statement to Certificateholders
                                                July 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    261,631,594.64    51,993,630.76      274,713.17   52,268,343.93    0.00      0.00       209,637,963.88
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  1,349,631,594.64    51,993,630.76    1,907,608.17   53,901,238.93    0.00      0.00     1,297,637,963.88




    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    505.08029853  100.37380456   0.53033431   100.90413886    404.70649398    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                 671.45850480   25.86747799   0.94905879    26.81653678    645.59102681




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
                                                         July 15 2004
                                               STATEMENT TO CERTIFICATEHOLDERS



                                                                Due Period                                                     13
                                                                Due Period Beginning Date                                06/01/04
                                                                Due Period End Date                                      06/30/04
                                                                Determination Date                                       07/09/04

                                                                                                         
Section 5.8(iii)     Servicing Fee                                                                                   1,124,693.00
Section 5.8(iii)     Servicing Fee per $1000                                                                           0.55954876

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                                            1,297,637,967.50

Section 5.8(vii)     Repurchase Amounts for Repurchased Receivable
                     By Seller                                                                                               0.00
                     By Servicer                                                                                        35,707.29
                     TOTAL                                                                                              35,707.29

Section 5.8(viii)    Realized Net Losses for Collection Period                                                         291,670.38

Section 5.8(ix)      Reserve Account Balance after Disbursement                                                     22,708,664.43

Section 5.8(x)       Specified Reserve Account Balance                                                              22,708,664.43

Section 5.8(xi)      Yield Supplement Account Balance                                                                1,815,583.45

Section 5.8(xii)     Total Distribution Amount                                                                      57,966,096.18
                     Servicing Fee                                                                                   1,124,693.00
                     Administration Fee                                                                                  1,000.00
                     Noteholders Distribution Amount                                                                53,815,728.93
                     Certficateholders Distribution Amount                                                              85,510.00
                     Deposit to Reserve Account                                                                      2,939,164.25



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