Exhibit 20.2
                                                               ------------

                        CHASE MANHATTAN AUTO OWNER TRUST
                                 SERIES 1997-A
                        STATEMENT TO CERTIFICATEHOLDERS

        PERIOD                                2       PAGE                 # 1

        DETERMINATION:                 9-May-97       Beginning         4/1/97
        DISTRIBUTION:                 15-May-97       Ending           4/30/97

                        CLASS  A-1  5.545%  MONEY  MARKET ASSET BACKED NOTES  
                        CLASS  A-2  5.95%   ASSET  BACKED NOTES 
                        CLASS  A-3  6.25%   ASSET  BACKED NOTES
                        CLASS  A-4  6.40%   ASSET  BACKED NOTES
                        CLASS  A-5  6.50%   ASSET  BACKED NOTES  
                        CLASS  B-1  6.65%   ASSET  BACKED CERTIFICATES
<TABLE>
<CAPTION>
              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    $250,000,000.00     $205,854,050.07     $36,116,221.59       $951,217.26     $37,067,438.85    $169,737,828.48

A-2 Notes    $365,000,000.00     $365,000,000.00              $0.00     $1,809,791.67      $1,809,791.67    $365,000,000.00

A-3 Notes    $270,000,000.00     $270,000,000.00              $0.00     $1,406,250.00      $1,406,250.00    $270,000,000.00

A-4 Notes    $165,000,000.00     $165,000,000.00              $0.00       $880,000.00        $880,000.00    $165,000,000.00

A-5 Notes     $85,500,000.00      $85,500,000.00              $0.00       $463,125.00        $463,125.00     $85,500,000.00

NOTE
TOTALS     $1,135,500,000.00   $1,091,354,050.07     $36,116,221.59     $5,510,383.93     $41,626,605.52  $1,055,237,828.48

B-1           $35,153,718.13      $35,153,718.13              $0.00       $194,810.19        $194,810.19     $35,153,718.13

CERTIFICATE
TOTALS        $35,153,718.13      $35,153,718.13              $0.00       $194,810.19        $194,810.19     $35,153,718.13

TOTALS     $1,170,653,718.13   $1,126,507,768.20     $36,116,221.59     $5,705,194.12     $41,821,415.71  $1,090,391,546.61


                            FACTOR   INFORMATION   PER   $1,000

                 PRINCIPAL           INTEREST             END PRINCIPAL
CLASS            DISTRIBUTION        DISTRIBUTION         BALANCE
<S>             <C>                <C>               <C>
 A-1              144.46488636       3.80486904           678.95131392

 A-2                0.00000000       4.95833334         1,000.00000000

 A-3                0.00000000       5.20833333         1,000.00000000

 A-4                0.00000000       5.33333333         1,000.00000000

 A-5                0.00000000       5.41666667         1,000.00000000

Notes Totals       31.80644790       4.85282601           929.31556889

B-1                 0.00000000       5.54166672         1,000.00000000

Certficate Totals   0.00000000       5.54166672         1,000.00000000

TOTALS             30.85132779       4.87351130           931.43816119
</TABLE>

IF THERE ARE ANY QUESTIONS OR COMMENTS, 
PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW

          KIM COSTA
          THE CHASE MANHATTAN BANK - ASPG
          450 WEST 33RD STREET, 10TH FLOOR
          NEW YORK, NEW YORK 10001
          (212) 946-3247

@ CHASE MANHATTAN BANKING CORPORATION

<PAGE>
                                 SERIES 1997-A
                        STATEMENT TO CERTIFICATEHOLDERS


                PERIOD 2                    PAGE              # 2

DETERMINATION:          9-May-97            Beginning      4/1/97
DISTRIBUTION:          15-May-97            Ending        4/30/97


                                                                     per $1000
                                                                     ---------

Section 5.8 (iii)   Servicing Fee                     $938,756.47   .8019079075

Section 5.8 (iv)    Administration Fee                  $1,000.00   .0008542236

Section 5.8 (vi)    Pool Balance at the end of  
                    the Collection Period       $1,090,391,546.61

Section 5.8 (vii)   Repurchase Amounts for 
                    Repurchased Receivables
                            By Seller                       $0.00
                            By Servicer                      0.00
                            TOTAL                            0.00

Section 5.8 (viii) Realized Losses for Collection
                   Period                              $11,605.68


Section 5.8 (ix)   Reserve Account Balance 
                   after Disbursement              $22,706,336.02


Section 5.8 (x)    Specified Reserve Account 
                   Balance                         $32,711,746.40


Section 5.8 (xi)   Total Distribution Amount       $44,579,447.10

                       Servicing Fee                  $938,756.47

                       Administrative Fee               $1,000.00

                       Noteholders' Distribution
                       Amount                      $41,626,605.52

                       Certifcateholders'
                       Distribution Amount            $194,810.19

                       Deposit to Reserve
                       Account                      $1,818,274.92
<TABLE>
<CAPTION>

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        $36,116,221.59      $951,217.26    $37,067,438.85         144.46488636      3.80486904            148.26975540
   A-2                 $0.00    $1,809,791.67     $1,809,791.67            .00000000      4.95833334              4.95833334
   A-3                 $0.00    $1,406,250.00     $1,406,250.00            .00000000      5.20833333              5.20833333
   A-4                 $0.00      $880,000.00       $880,000.00            .00000000      5.33333333              5.33333333
   A-5                 $0.00      $463,125.00       $463,125.00            .00000000      5.41666667              5.41666667

   Total      $36,116,221.59    $5,510,383.93    $41,626,605.52          31.80644790      4.85282601             36.65927391


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     $194,810.19     $194,810.19          0.00000000           5.54166672               5.54166672      
          Total      $0.00     $194,810.19     $194,810.19          0.00000000           5.54166672               5.54166672
</TABLE>

Section 5.8 (xiv)   Fund Transfer Amount           $1,818,274.92