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Chase Manhattan Auto Owner Trust 2003-A

                         Statement to Certificateholders
                                 January 18 2005



        DISTRIBUTION IN DOLLARS
            ORIGINAL          PRIOR                                                                                      CURRENT
            FACE              PRINCIPAL                                                         REALIZED  DEFERRED       PRINCIPAL
CLASS       VALUE             BALANCE           PRINCIPAL       INTEREST              TOTAL     LOSSES    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              0.00            0.00           0.00             0.00      0.00      0.00               0.00
A3          520,000,000.00    494,651,145.96   41,335,926.27     626,558.12    41,962,484.39      0.00      0.00     453,315,219.69
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     49,071,275.55    2,003,659.14      83,421.17     2,087,080.31      0.00      0.00      47,067,616.41
TOTALS    2,010,000,000.00  1,061,422,421.51   43,339,585.41   1,598,697.62    44,938,283.03      0.00      0.00   1,018,082,836.10

    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               161581CR2        0.00000000      0.00000000     0.00000000       0.00000000     0.00000000     A1        1.200000 %
A2               161581CS0        0.00000000      0.00000000     0.00000000       0.00000000     0.00000000     A2        1.260000 %
A3               161581CT8      951.25220377     79.49216590     1.20491946      80.69708537   871.76003787     A3        1.520000 %
A4               161581CU5    1,000.00000000      0.00000000     1.71666666       1.71666666 1,000.00000000     A4        2.060000 %
CERT             161581CV3      975.57207853     39.83417773     1.65847256      41.49265030   935.73790080     CERT      2.040000 %
TOTALS                          528.07085647     21.56198279     0.79537195      22.35735474   506.50887368


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-A

                                 January 18 2005
                         STATEMENT TO CERTIFICATEHOLDERS



                                                                                                                
                                                                                   Due Period                                    19
                                                                                   Due Period Beginning Date               12/01/04
                                                                                   Due Period End Date                     12/31/04
                                                                                   Determination Date                      01/10/05

Section 5.8(iii)                        Servicing Fee                                                                    884,518.68
Section 5.8(iii)                        Servicing Fee per $1000                                                          0.44005904

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                           1,018,082,839.72

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                                        343,413.25

Section 5.8(ix)                         Reserve Account Balance after Disbursement                                    17,816,449.70

Section 5.8(x)                          Specified Reserve Account Balance                                             17,816,449.70

Section 5.8(xi)                         Yield Supplement Account Balance                                               1,164,431.80

Section 5.8(xii)                        Total Distribution Amount                                                     47,737,247.18
                                        Servicing Fee                                                                    884,518.68
                                        Administration Fee                                                                 1,000.00
                                        Noteholders Distribution Amount                                               42,851,202.72
                                        Certificateholders Distribution Amount                                         2,087,080.31
                                        Deposit to Reserve Account                                                     1,913,445.47


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