Page 1 Chase Manhattan Auto Owner Trust 2003-C Statement to Certificateholders July 15 2005 DISTRIBUTION IN DOLLARS ORIGINAL PRIOR CURRENT FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSSES 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 21,913,487.63 21,913,487.63 29,217.98 21,942,705.61 0.00 0.00 0.00 A3 234,000,000.00 234,000,000.00 2,301,976.23 440,700.00 2,742,676.23 0.00 0.00 231,698,023.77 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 25,000,000.00 120,648.65 57,916.67 178,565.32 0.00 0.00 24,879,351.35 TOTALS 1,000,000,000.00 523,913,487.63 24,336,112.51 1,123,184.65 25,459,297.16 0.00 0.00 499,577,375.12 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 161581D86 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A1 1.140000 % A2 161581DC4 76.62058612 76.62058612 0.10216077 76.72274689 0.00000000 A2 1.600000 % A3 161581DD2 1,000.00000000 9.83750526 1.88333333 11.72083859 990.16249474 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 4.82594600 2.31666680 7.14261280 995.17405400 CERT 2.780000 % TOTALS 523.91348763 24.33611251 1.12318465 25.45929716 499.57737512 IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Amy D Skinner JPMorgan Chase Bank, N.A. - Structured Finance Services 600 Travis St., 9th Floor, , Houston, Texas 77002 Tel: (713) 216-3682 Fax: (713) 216-4880 Email: Amy.D.Skinner@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 2 Chase Manhattan Auto Owner Trust 2003-C July 15 2005 STATEMENT TO CERTIFICATEHOLDERS Due Period 19 Due Period Beginning Date 06/01/05 Due Period End Date 06/30/05 Determination Date 07/08/05 Section 5.8(iii) Servicing Fee 436,594.57 Section 5.8(iii) Servicing Fee per $1000 0.43659457 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 499,577,375.15 Section 5.8(vii) Repurchase Amounts for Repurchased Receivable By Seller 0.00 By Servicer 25,227.02 TOTAL 25,227.02 Section 5.8(viii) Realized Net Losses for Collection Period 121,347.14 Section 5.8(ix) Reserve Account Balance after Disbursement 11,240,490.94 Section 5.8(x) Specified Reserve Account Balance 11,240,490.94 Section 5.8(xi) Yield Supplement Account Balance 921,973.84 Section 5.8(xii) Total Distribution Amount 26,747,544.07 Servicing Fee 436,594.57 Administration Fee 1,000.00 Noteholders Distribution Amount 25,280,731.84 Certficateholders Distribution Amount 178,565.32 Deposit to Reserve Account 850,652.34 Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved.