CHASE MANHATTAN AUTO OWNER TRUST
SERIES 1996-C
STATEMENT TO CERTIFICATEHOLDERS

        PERIOD  12                                      PAGE    # 1
        DETERMINATION:  10-Dec-97                       Beginning       11/1/97
        DISTRIBUTION:   15-Dec-97                       Ending          11/30/97
        TIME:   12/15/97 9:40
                        CLASS A-1 5.489% MONEY MARKET ASSET BACKED NOTES
                        CLASS A-2 5.750% ASSET BACKED NOTES
                        CLASS A-3 5.950% ASSET BACKED NOTES
                        CLASS A-4 6.150% ASSET BACKED NOTES
                        CLASS B-1 6.250% 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       $225,000,000.00              $0.00               $0.00          $0.00            $0.00            $0.00
A-2 Notes       $239,000,000.00    $161,515,537.48      $21,125,155.79    $773,928.62   $21,899,084.41  $140,390,381.69
A-3 Notes       $324,000,000.00    $324,000,000.00               $0.00  $1,606,500.00    $1,606,500.00  $324,000,000.00
A-4 Notes       $178,000,000.00    $178,000,000.00               $0.00    $912,250.00      $912,250.00  $178,000,000.00

NOTES TOTALS    $966,000,000.00    $663,515,537.48      $21,125,155.79  $3,292,678.62   $24,417,834.41  $642,390,381.69

B-1              $30,938,845.63     $28,459,982.54         $675,830.58    $148,229.08      $824,059.66   $27,784,151.96
CERT TOTALS      $30,938,845.63     $28,459,982.54         $675,830.58    $148,229.08      $824,059.66   $27,784,151.96

TOTALS          $996,938,845.63    $691,975,520.02      $21,800,986.37  $3,440,907.70   $25,241,894.07  $670,174,533.65


                            FACTOR   INFORMATION   PER   $1,000


        PRINCIPAL       INTEREST        END PRINCIPAL
CLASS   DISTRIBUTION    DISTRIBUTION    BALANCE
<S>    <C>             <C>             <C>       
 A-1     0.00000000     0.00000000         0.00000000
 A-2    88.38977318     3.23819506        587.40745477
 A-3     0.00000000     4.95833333      1,000.00000000
 A-4     0.00000000     5.12500000      1,000.00000000

Totals  21.86869129     3.40857000        665.00039512

B-1     21.84407874     4.79103460        898.03453860
Totals  21.84407874     4.79103460        898.03453860

TOTALS  21.86792747     3.45147319        672.23234062

</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, 15TH FLOOR
                                          NEW YORK, NEW YORK 10001
                                          (212) 946-3247



<PAGE>

CHASE MANHATTAN AUTO OWNER TRUST
SERIES 1996-C
STATEMENT TO CERTIFICATEHOLDERS

        PERIOD  12                                              PAGE        # 2
DETERMINATION:  10-Dec-97                               Beginning       11/1/97
DISTRIBUTION:   15-Dec-97                              Ending          11/30/97
TIME:   12/15/97 9:40



                                                                 per $1000
Section 5.8(iii)  Servicing Fee                      $576,646.27     .57841689


Section 5.8(iv)   Administration Fee                   $1,000.00     .00100307


Section 5.8(vi)   Pool Balance at the end of the
                  Collection Period                              $670,174,533.65


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              $294,964.28


Section 5.8(ix)   Reserve Account Balance after Disbursement      $20,105,236.01


Section 5.8(x)    Specified Reserve Account Balance               $20,105,236.01


Section 5.8(xi)   Total Distribution Amount                       $26,437,637.64

                  Servicing Fee                                      $576,646.27
                  Administrative Fee                                   $1,000.00
                  Noteholders' Distribution Amount                $24,417,834.41
                  Certificateholders' Distribution Amount            $824,059.66
                  Deposit to Reserve Account                         $618,097.30

<TABLE>

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     $21,125,155.79    $773,928.62   $21,899,084.41          88.38977318             3.23819506             91.62796824
        A-3              $0.00  $1,606,500.00    $1,606,500.00           0.00000000             4.95833333              4.95833333
        A-4              $0.00    $912,250.00      $912,250.00           0.00000000             5.12500000              5.12500000
        Total   $21,125,155.79  $3,292,678.62   $24,417,834.41          21.86869129             3.40857000             25.27726129



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     $675,830.58     $148,229.08     $824,059.66             21.84407874             4.79103460               26.63511334
        Total   $675,830.58     $148,229.08     $824,059.66             21.84407874             4.79103460               26.63511334

</TABLE>

Section 5.8 (xiv)       Reserve Account Transfer Amount              $618,097.30




(C) COPYRIGHT 1997, CHASE MANHATTAN BANK