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.