Exhibit 99.1

                                                                          Page 1
Chase Manhattan Auto Owner Trust 2003-C
                                                Statement to Certificateholders
                                                December 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  191,713,742.20   26,037,615.79     255,618.32   26,293,234.11      0.00        0.00      165,676,126.41
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  693,713,742.20   26,037,615.79   1,349,584.99   27,387,200.78      0.00        0.00      667,676,126.41




    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        670.32776993    91.04061465     0.89377035     91.93438500      579.28715528      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                     693.71374220    26.03761579     1.34958499     27.38720078      667.67612641





IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Kelly M Crosson
JPMorgan Chase Bank, N.A. - 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
                                                                December 15 2004
                                                 STATEMENT TO CERTIFICATEHOLDERS


                                                                                                    
                                                                    Due Period                                          12
                                                                    Due Period Beginning Date                     11/01/04
                                                                    Due Period End Date                           11/30/04
                                                                    Determination Date                            12/10/04

Section 5.8(iii)         Servicing Fee                                                                          578,094.79
Section 5.8(iii)         Servicing Fee per $1000                                                                0.57809479

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                                   667,676,126.44

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                                              416,061.52

Section 5.8(ix)          Reserve Account Balance after Disbursement                                          15,022,712.84

Section 5.8(x)           Specified Reserve Account Balance                                                   15,022,712.84

Section 5.8(xi)          Yield Supplement Account Balance                                                     1,590,827.27

Section 5.8(xii)         Total Distribution Amount                                                           28,869,036.37
                         Servicing Fee                                                                          578,094.79
                         Administration Fee                                                                       1,000.00
                         Noteholders Distribution Amount                                                     27,329,284.11
                         Certficateholders Distribution Amount                                                   57,916.67
                         Deposit to Reserve Account                                                             902,740.80


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