CHASE MANHATTAN AUTO OWNER TRUST                                                
SERIES 1997-A                                                   
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
PERIOD  12                                              PAGE    # 1     
DETERMINATION:  10-Mar-98                               Beginning       2/1/98  
DISTRIBUTION:   16-Mar-98                               Ending          2/28/98 
TIME:   3/13/98 9:58                                            
                        CLASS A-1 5.545% MONEY MARKET ASSET BACKED NOTES        
                        CLASS A-2 5.950% ASSET BACKED NOTES                     
                        CLASS A-3 6.250% ASSET BACKED NOTES                     
                        CLASS A-4 6.400% ASSET BACKED NOTES                     
                        CLASS A-5 6.500% ASSET BACKED NOTES                     
                        CLASS B-1 6.650% 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              $0.00             $0.00          $0.00            $0.00            $0.00         
                                                        
A-2 Notes         $365,000,000.00    $259,379,777.64    $28,254,620.32  $1,286,091.40   $29,540,711.72  $231,125,157.32         
                                                        
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    $779,879,777.64    $28,254,620.32  $4,035,466.40   $32,290,086.72  $751,625,157.32         
                                                        
B-1                $35,153,718.13     $35,153,718.13             $0.00    $194,810.19      $194,810.19   $35,153,718.13         
CERT 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    $815,033,495.77    $28,254,620.32  $4,230,276.59   $32,484,896.91  $786,778,875.45         
                                                        
                                                        
                                                        
                                                        
                                                        
                            FACTOR   INFORMATION   PER   $1,000                                         
                                                        
<CAPTION>
                                                        
                PRINCIPAL       INTEREST        END PRINCIPAL                           
CLASS           DISTRIBUTION    DISTRIBUTION    BALANCE                         
<S>           <C>              <C>            <C>                                 
A-1              0.00000000     0.00000000          0.00000000                          
                                                        
A-2             77.40991868     3.52353808        633.21960910                          
                                                        
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    24.88297694     3.55391140        661.93320768                          
                                                        
B-1              0.00000000     5.54166672      1,000.00000000                          
Cert Totals      0.00000000     5.54166672      1,000.00000000                          
TOTALS          24.13576268     3.61360198        672.08506091                          
                                                        
                                                        
                                                        
                                                        
                                                        
                IF THERE ARE ANY QUESTIONS OR COMMENTS, 
                PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW                                   
                                                        
                                                        
                                                        
                                                        
                                          KIM COSTA                             
                                          THE CHASE MANHATTAN BANK - ASPG                               
                                          450 WEST 33RD STREET, 15TH FLOOR                              
                                          NEW YORK, NEW YORK 10001                              
                                          (212) 946-3247                                
                                                        
                                                        
                                                        
                                                        
                                                        
(C) COPYRIGHT 1998, CHASE MANHATTAN BANK                                                        

</TABLE>
<PAGE>


CHASE MANHATTAN AUTO OWNER TRUST                                                
SERIES 1997-A                                                   
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
PERIOD  12                                                PAGE               # 2
DETERMINATION:  10-Mar-98                                 Beginning       2/1/98
DISTRIBUTION:   16-Mar-98                                 Ending         2/28/98
TIME:   3/13/98 9:58                                            
                                                        
<TABLE>
                                                        
                                                        
                                                                                per $1000               
Section 5.8 (iii)       Servicing Fee                           $679,194.58     0.58018402              
                                                        
                                                        
Section 5.8 (iv)        Administration Fee                        $1,000.00     0.00085422              
                                                        
                                                        
Section 5.8 (vi)        Pool Balance at the end of the Collection Period                        $786,778,875.45                     
                                                        
                                                        
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 Losses for Collection Period                                      $552,206.34                  
                                                        
                                                        
Section 5.8 (ix)        Reserve Account Balance after Disbursement                              $23,603,366.26                  
                                                        
                                                        
Section 5.8 (x)         Specified Reserve Account Balance                                       $23,603,366.26                  
                                                        
                                                        
Section 5.8 (xi)        Total Distribution Amount                       $33,608,072.40                  
                                                        
                        Servicing Fee                                      $679,194.58                  
                        Administrative Fee                                   $1,000.00                  
                        Noteholders' Distribution Amount                $32,290,086.72                  
                        Certificateholders' Distribution Amount            $194,810.19                  
                        Deposit to Reserve Account                         $442,980.91                  
                                                        
                                                        
                                                        
                                                        
                                                        
                                                        
                                                        
                                                        
                                                        
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              $0.00          $0.00            $0.00      0.00000000             0.00000000              0.00000000 
        A-2     $28,254,620.32  $1,286,091.40   $29,540,711.72     77.40991868             3.52353808             80.93345677 
        A-3              $0.00  $1,406,250.00    $1,406,250.00      0.00000000             5.20833333              5.20833333 
        A-4              $0.00    $880,000.00      $880,000.00      0.00000000             5.33333333              5.33333333 
        A-5              $0.00    $463,125.00      $463,125.00      0.00000000             5.41666667              5.41666667 
        Total   $28,254,620.32  $4,035,466.40   $32,290,086.72     24.88297694             3.55391140             28.43688835 
                                                        
                                                        
                                                        
                                                        
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 
                                                        
                                                        
                                                        
                                                        
Section 5.8 (xiv)       Reserve Fund Transfer Amount                            $442,980.91                             
                                                        
                                                        
                                                        
(C) COPYRIGHT 1998, CHASE MANHATTAN BANK                                                        
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