EXHIBIT 99

                                                                          Page 1
Chase Manhattan Auto Owner Trust 2003-C
                         Statement to Certificateholders
                                September 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                0.00            0.00          0.00           0.00    0.00       0.00              0.00
A2              286,000,000.00      269,274,631.37   26,989,748.66    359,032.84  27,348,781.50    0.00       0.00    242,284,882.71
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      771,274,631.37   26,989,748.66  1,452,999.51  28,442,748.17    0.00       0.00    744,284,882.71





   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           161581D86          0.00000000   0.00000000   0.00000000    0.00000000       0.00000000      A1              1.140000 %
A2           161581DC4        941.51969010  94.36975056   1.25535958   95.62511014     847.14993955      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                        771.27463137  26.98974866   1.45299951   28.44274817     744.28488271



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
                                September 15 2004
                         STATEMENT TO CERTIFICATEHOLDERS


                                                                                                            

                                                                                   Due Period                                   9
                                                                                   Due Period Beginning Date             08/01/04
                                                                                   Due Period End Date                   08/31/04
                                                                                   Determination Date                    09/10/04

Section 5.8(iii)                        Servicing Fee                                                                  642,728.86
Section 5.8(iii)                        Servicing Fee per $1000                                                        0.64272886

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                           744,284,882.74

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                                      220,962.54

Section 5.8(ix)                         Reserve Account Balance after Disbursement                                  16,746,409.86

Section 5.8(x)                          Specified Reserve Account Balance                                           16,746,409.86

Section 5.8(xi)                         Yield Supplement Account Balance                                             1,970,062.34

Section 5.8(xii)                        Total Distribution Amount                                                   30,410,376.30
                                        Servicing Fee                                                                  642,728.86
                                        Administration Fee                                                               1,000.00
                                        Noteholders Distribution Amount                                             28,384,831.50
                                        Certficateholders Distribution Amount                                           57,916.67
                                        Deposit to Reserve Account                                                   1,323,899.27



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