CHASE MANHATTAN AUTO OWNER TRUST                                                
SERIES 1998-A                                                   
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
PERIOD  4                                                    PAGE    # 1
DETERMINATION:  10-Jun-98                                    Beginning    5/1/98
DISTRIBUTION:   15-Jun-98                                    Ending      5/31/98
TIME:   6/15/98 21:59                                           
                        CLASS A-1 5.549% MONEY MARKET ASSET BACKED NOTES        
                        CLASS A-2 5.679% ASSET BACKED NOTES                     
                        CLASS A-3 5.700% ASSET BACKED NOTES                     
                        CLASS A-4 5.800% ASSET BACKED NOTES                     
                        CLASS B-1 6.000% ASSET BACKED CERTIFICATES              
                                                        
                                                        
<TABLE>
                                                        
                ORIG PRINCIPAL    BEG PRINCIPAL     PRINCIPAL           INTEREST        TOTAL           END PRINCIPAL   
CLASS           BALANCE           BALANCE           DISTRIBUTION        DISTRIBUTION    DISTRIBUTION    BALANCE 
<S>          <C>                 <C>              <C>                   <C>           <C>              <C>                     
A-1 Notes       $238,000,000.00   $133,786,293.47   $27,091,956.27        $639,271.79   $27,731,228.06  $106,694,337.20         

A-2 Notes       $204,000,000.00   $204,000,000.00            $0.00        $965,430.00      $965,430.00  $204,000,000.00         
                                                        
A-3 Notes       $294,000,000.00   $294,000,000.00            $0.00      $1,396,500.00    $1,396,500.00  $294,000,000.00         
                                                         
A-4 Notes       $246,000,000.00   $246,000,000.00            $0.00      $1,189,000.00    $1,189,000.00  $246,000,000.00         
                                                        
NOTE TOTALS     $982,000,000.00   $877,786,293.47   $27,091,956.27      $4,190,201.79   $31,282,158.06  $850,694,337.20         
                                                        
B-1              $30,620,164.79    $30,620,164.79            $0.00        $153,100.82      $153,100.82   $30,620,164.79         
CERT TOTALS      $30,620,164.79    $30,620,164.79            $0.00        $153,100.82      $153,100.82   $30,620,164.79         
TOTALS        $1,012,620,164.79   $908,406,458.26   $27,091,956.27      $4,343,302.61   $31,435,258.88  $881,314,501.99         
                                                        
                                                        
                                                        
                                                        
                                                        
            FACTOR   INFORMATION   PER   $1,000                                         
                                                        
                                                        
        PRINCIPAL       INTEREST        END PRINCIPAL                           
CLASS   DISTRIBUTION    DISTRIBUTION    BALANCE                         
<S>     <C>             <C>           <C>                                   
 A-1    113.83174903    2.68601592        448.29553445                          
                                                        
 A-2      0.00000000    4.73250000      1,000.00000000                          
                                                        
 A-3      0.00000000    4.75000000      1,000.00000000                          
                                                        
 A-4      0.00000000    4.83333333      1,000.00000000                          
                                                        
Totals   27.58855017    4.26700793        866.28751242                          
                                                        
B-1       0.00000000    4.99999987      1,000.00000000                          
Totals    0.00000000    4.99999987      1,000.00000000                          
TOTALS   26.75431244    4.28917255        870.33078407                          
                                                        
</TABLE>
<PAGE>



CHASE MANHATTAN AUTO OWNER TRUST                                                
SERIES 1998-A                                                   
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
PERIOD  4                                                PAGE        # 2
DETERMINATION:  10-Jun-98                                Beginning        5/1/98
DISTRIBUTION:   15-Jun-98                                Ending          5/31/98
TIME:   6/15/98 21:59                                           
                                                        
                                                        
<TABLE>
                                                        
                                                                       per $1000
Section 5.8 (iii)       Servicing Fee                 $757,005.38     0.74757091
                                                        
                                                        
Section 5.8 (iv)        Administration Fee              $1,000.00     0.00098754
                                                        
                                                        
<S>                    <C>                                                            <C>                              
Section 5.8 (vi)        Pool Balance at the end of the Collection Period               $881,314,501.99                  
                                                        
                                                        
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                           $70,421.54                  
                                                        
                                                        
Section 5.8 (ix)        Reserve Account Balance after Disbursement                      $23,007,247.02                  
                                                        
                                                        
Section 5.8 (x)         Specified Reserve Account Balance                               $26,439,435.06                  
                                                        
                                                        
Section 5.8 (xi)        Total Distribution Amount                                       $33,565,636.60                  
                                                        
                        Servicing Fee                                                      $757,005.38                  
                        Administrative Fee                                                   $1,000.00                  
                        Noteholders' Distribution Amount                                $31,282,158.06                  
                        Certificateholders' Distribution Amount                            $153,100.82                  
                        Deposit to Reserve Account                                       $1,372,372.34                  
                                                        
                                                        
                                                        
                                                        
                                                        
                                                        
                                                        
                                                        
                                                        
Section 5.8 (xii)       Noteholders' Distributable Amount                                               
                                                        
                                                        
        Class   Principal       Interest        Total           Prin (per $1000/orig)   Int (per $1000/orig)  Total (per $1000/orig)
       <S>    <C>              <C>            <C>              <C>                     <C>                    <C>                  
        A-1     $27,091,956.27    $639,271.79   $27,731,228.06          113.83174903            2.68601592              116.51776496
        A-2              $0.00    $965,430.00      $965,430.00            0.00000000            4.73250000                4.73250000
        A-3              $0.00  $1,396,500.00    $1,396,500.00            0.00000000            4.75000000                4.75000000
        A-4              $0.00  $1,189,000.00    $1,189,000.00            0.00000000            4.83333333                4.83333333
        Total   $27,091,956.27  $4,190,201.79   $31,282,158.06           27.58855017            4.26700793               31.85555811
                                                        
                                                        
                                                        
                                                        
                                                        
Section 5.8 (xiii)      Certificateholders' Distributable Amount                                                
                                                        
                                                        
        Class   Principal       Interest        Total           Prin (per $1000/orig)   Int (per $1000/orig)  Total (per $1000/orig)
       <S>    <C>              <C>             <C>             <C>                    <C>                     <C>                   
        B-1             $0.00     $153,100.82     $153,100.82           0.00000000              4.99999987              4.99999987 
        Total           $0.00     $153,100.82     $153,100.82           0.00000000              4.99999987              4.99999987 
                                                        
                                                        
                                                        
                                                        
Section 5.8 (xiv)       Reserve Fund Transfer Amount            $1,372,372.34                           

</TABLE>
                                                        
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