Page 1 Chase Manhattan Auto Owner Trust 2003-C Statement to Certificateholders August 15 2005 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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A3 234,000,000.00 231,698,023.77 20,889,873.00 436,364.61 21,326,237.61 0.00 0.00 210,808,150.77 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 24,879,351.35 1,094,857.08 57,637.16 1,152,494.24 0.00 0.00 23,784,494.27 TOTALS 1,000,000,000.00 499,577,375.12 21,984,730.08 1,089,351.77 23,074,081.85 0.00 0.00 477,592,645.04 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 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A2 1.600000 % A3 161581DD2 990.16249474 89.27296154 1.86480603 91.13776756 900.88953321 A3 2.260000 % A4 161581DEO 1,000.00000000 0.00000000 2.45000000 2.45000000 1,000.00000000 A4 2.940000 % CERT 161581DF7 995.17405400 43.79428320 2.30548640 46.09976960 951.37977080 CERT 2.780000 % TOTALS 499.57737512 21.98473008 1.08935177 23.07408185 477.59264504 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 August 15 2005 STATEMENT TO CERTIFICATEHOLDERS Due Period 20 Due Period Beginning Date 07/01/05 Due Period End Date 07/31/05 Determination Date 08/10/05 Section 5.8(iii) Servicing Fee 416,314.48 Section 5.8(iii) Servicing Fee per $1000 0.41631448 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 477,592,645.07 Section 5.8(vii) Repurchase Amounts for Repurchased Receivable By Seller 0.00 By Servicer 26,478.74 TOTAL 26,478.74 Section 5.8(viii) Realized Net Losses for Collection Period 149,229.34 Section 5.8(ix) Reserve Account Balance after Disbursement 10,745,834.51 Section 5.8(x) Specified Reserve Account Balance 10,745,834.51 Section 5.8(xi) Yield Supplement Account Balance 851,399.20 Section 5.8(xii) Total Distribution Amount 24,092,954.50 Servicing Fee 416,314.48 Administration Fee 1,000.00 Noteholders Distribution Amount 21,921,587.61 Certficateholders Distribution Amount 1,152,494.24 Deposit to Reserve Account 601,558.17 Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved.