Page 1 Chase Manhattan Auto Owner Trust 2003-C Statement to Certificateholders February 15, 2006 - ------------------------------------------------------------------------------------------------------------------------------------ DISTRIBUTION IN DOLLARS - ------------------------------------------------------------------------------------------------------------------------------------ ORIGINAL BEGINNING ENDING 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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A3 234,000,000.00 115,229,901.80 17,499,139.66 217,016.32 17,716,155.98 0.00 0.00 97,730,762.14 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 18,775,152.08 917,145.68 43,495.77 960,641.45 0.00 0.00 17,858,006.40 - ------------------------------------------------------------------------------------------------------------------------------------ TOTALS 1,000,000,000.00 377,005,053.88 18,416,285.34 855,862.09 19,272,147.43 0.00 0.00 358,588,768.54 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES - ------------------------------------------------------------------------------------------------------------------------------------ CURRENT BEGINNING ENDING PASS-THRU CLASS CUSIP PRINCIPAL PRINCIPAL INTEREST TOTAL PRINCIPAL CLASS 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 492.43547778 74.78264812 0.92742017 75.71006829 417.65282966 A3 2.260000 % A4 161581DEO 1,000.00000000 0.00000000 2.45000000 2.45000000 1,000.00000000 A4 2.940000 % CERT 161581DF7 751.00608320 36.68582720 1.73983080 38.42565800 714.32025600 CERT 2.780000 % - ------------------------------------------------------------------------------------------------------------------------------------ TOTALS 377.00505388 18.41628534 0.85586209 19.27214743 358.58876854 - ------------------------------------------------------------------------------------------------------------------------------------ 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 2005 J.P. Morgan Chase & Co. All rights reserved. Page 2 Chase Manhattan Auto Owner Trust 2003-C February 15, 2006 STATEMENT TO CERTIFICATEHOLDERS Due Period 26 Due Period Beginning Date 01/01/06 Due Period End Date 01/31/06 Determination Date 02/10/06 Section 5.8(iii) Servicing Fee 314,170.88 Section 5.8(iii) Servicing Fee per $1000 0.31417088 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 358,588,768.57 Section 5.8(vii) Repurchase Amounts for Repurchased Receivable By Seller 0.00 By Servicer 19,980.17 TOTAL 19,980.17 Section 5.8(viii) Realized Net Losses for Collection Period 43,380.93 Section 5.8(ix) Reserve Account Balance after Disbursement 8,068,247.29 Section 5.8(x) Specified Reserve Account Balance 8,068,247.29 Section 5.8(xi) Yield Supplement Account Balance 560,340.72 Section 5.8(xii) Total Distribution Amount 20,212,110.89 Servicing Fee 314,170.88 Administration Fee 1,000.00 Noteholders Distribution Amount 18,311,505.98 Certficateholders Distribution Amount 960,641.45 Deposit to Reserve Account 624,792.58 Copyright 2005 J.P.Morgan Chase & Co. All rights reserved.