Page 1 Chase Manhattan Auto Owner Trust 2003-C Statement to Certificateholders March 15, 2006 DISTRIBUTION IN DOLLARS BEGINNING ENDING ORIGINAL PRINCIPAL REALIZED DEFERRED PRINCIPAL CLASS FACE 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 97,730,762.14 15,146,764.75 184,059.60 15,330,824.35 0.00 0.00 82,583,997.39 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 17,858,006.40 793,855.59 41,371.05 835,226.64 0.00 0.00 17,064,150.81 TOTALS 1,000,000,000.00 358,588,768.54 15,940,620.34 820,780.65 16,761,400.99 0.00 0.00 342,648,148.20 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 417.65282966 64.72976389 0.78657949 65.51634338 352.92306577 A3 2.260000 % A4 161581DEO 1,000.00000000 0.00000000 2.45000000 2.45000000 1,000.00000000 A4 2.940000 % CERT 161581DF7 714.32025600 31.75422360 1.65484200 33.40906560 682.56603240 CERT 2.780000 % TOTALS 358.58876854 15.94062034 0.82078065 16.76140099 342.64814820 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 March 15, 2006 STATEMENT TO CERTIFICATEHOLDERS Due Period 27 Due Period Beginning Date 02/01/06 Due Period End Date 02/28/06 Determination Date 03/10/06 Section 5.8(iii) Servicing Fee 298,823.97 Section 5.8(iii) Servicing Fee per $1000 0.29882397 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 342,648,148.23 Section 5.8(vii) Repurchase Amounts for Repurchased Receivable By Seller 0.00 By Servicer 13,394.62 TOTAL 13,394.62 Section 5.8(viii) Realized Net Losses for Collection Period 25,319.21 Section 5.8(ix) Reserve Account Balance after Disbursement 7,709,583.34 Section 5.8(x) Specified Reserve Account Balance 7,709,583.34 Section 5.8(xi) Yield Supplement Account Balance 525,420.51 Section 5.8(xii) Total Distribution Amount 17,518,573.50 Servicing Fee 298,823.97 Administration Fee 1,000.00 Noteholders Distribution Amount 15,926,174.35 Certficateholders Distribution Amount 835,226.64 Deposit to Reserve Account 457,348.54 Copyright 2005 J.P.Morgan Chase & Co. All rights reserved.