<TABLE>
<CAPTION>
                                                                  Exhibit 20.1

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

        PERIOD  7                                       PAGE    # 1
        DETERMINATION:  10-Jul-97                       Beginning       6/1/97
        DISTRIBUTION:   15-Jul-97                       Ending         6/30/97
        TIME:   7/18/97 13:55

                       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


           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       $52,014,221.85         $27,607,961.28    $229,991.00   $27,837,952.38   $24,406,260.57

A-2 Notes  $239,000,000.00      $239,000,000.00                  $0.00  $1,145,208.33    $1,145,208.33  $239,000,000.00

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      $793,014,221.85         $27,607,961.28  $3,893,949.33   $31,501,910.61  $765,406,260.57


B-1         $30,938,845.63       $30,938,845.63                  $0.00    $161,139.82      $161,139.82   $30,938,845.63

CERTIFICATE
TOTALS      $30,938,845.63       $30,938,845.63                  $0.00    $161,139.82      $161,139.82   $30,938,845.63

TOTALS     $996,938,845.63      $823,953,067.48         $27,607,961.28  $4,055,089.15   $31,663,050.43  $796,334,106.20



                            FACTOR   INFORMATION   PER   $1,000

              PRINCIPAL       INTEREST        END PRINCIPAL
CLASS         DISTRIBUTION    DISTRIBUTION    BALANCE
<S>         <C>             <C>              <C>

 A-1          122.70205013    1.02218222        108.47226920

 A-2            0.00000000    4.79166665      1,000.00000000

 A-3            0.00000000    4.95833333      1,000.00000000

 A-4            0.00000000    5.12500000      1,000.00000000

Notes Totals   28.57967006    4.03100345        792.34602543

B-1             0.00000000    5.20833330      1,000.00000000

Certificate
Totals          0.00000000    5.20833330      1,000.00000000

TOTALS         27.69273301    4.06754052        798.79032670
</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
<PAGE>


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

        PERIOD  7                                        PAGE        # 2
DETERMINATION:  10-Jul-97                                Beginning       6/1/97
DISTRIBUTION:   15-Jul-97                                Ending         6/30/97
TIME:   7/18/97 13:55


                                                                      per $1000
                                                                      ---------
Section 5.8 (iii)       Servicing Fee                   $686,627.56   .68873588

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

Section 5.8 (vi)        Pool Balance at the 
                          end of the Collection Period          $796,345,106.20

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       $377,381.47

Section 5.8 (ix)        Reserve Account Balance after 
                          Disbursement                           $23,890,353.19

Section 5.8 (x)         Specified Reserve Account Balance        $23,890,353.19

Section 5.8 (xi)        Total Distribution Amount                $33,862,260.51

                        Servicing Fee                               $686,627.56
                        Administrative Fee                            $1,000.00
                        Noteholders' Distribution Amount         $31,501,910.61
                        Certificateholders' Distribution Amount     $161,139.82
                        Deposit to Reserve Account                $1,511,582.52

Section 5.8 (xii)       Noteholders' Distributable Amount

<TABLE>
<CAPTION>

        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     $27,607,961.28    $229,991.00   $27,837,952.28  122.70205013         1.02218222            123.72423236
        A-2              $0.00  $1,145,208.33    $1,145,208.33    0.00000000         4.79166665              4.79166665
        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   $27,607,961.28  $3,893,949.33   $31,501,910.61   28.57967006         4.03100345             32.61067351

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           $161,139.82     $161,139.82     0.00000000         5.20833330             5.20833330
        Total   $0.00           $161,139.82     $161,139.82     0.00000000         5.20833330             5.20833330

</TABLE>

Section 5.8 (xiv)       Reserve Account Transfer Amount         $1,511,582.52


(C) COPYRIGHT 1997, CHASE MANHATTAN BANK