CHASE MANHATTAN AUTO OWNER TRUST                                                
SERIES 1997-A                                                   
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
        PERIOD  10                                      PAGE    # 1     
        DETERMINATION:  9-Jan-98                        Beginning       12/1/97 
        DISTRIBUTION:   15-Jan-98                       Ending          12/31/97
        TIME:   1/13/98 14:46                                   
                        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  $318,454,310.38      $30,677,543.27  $1,579,002.62   $32,256,545.89  $287,776,767.11         
                                                        
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  $838,954,310.38      $30,677,543.27  $4,328,377.62   $35,005,920.89  $808,276,767.11         
                                                        
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  $874,108,028.51      $30,677,543.27  $4,523,187.81   $35,200,731.08  $843,430,485.24         
                                                        
                                                        
                                                        
                                                        
                                                        
                            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    84.04806375     4.32603458        788.42949893                          
                                                        
 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                          
Totals  27.01677082     3.81186933        711.82454171                          
                                                        
B-1      0.00000000     5.54166672      1,000.00000000                          
C Totals 0.00000000     5.54166672      1,000.00000000                          
TOTALS  26.20548057     3.86381365        720.47820135                          

</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                        
                                                        
                                                        
                                                        

CHASE MANHATTAN AUTO OWNER TRUST                                                
SERIES 1997-A                                                   
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
        PERIOD  10                              PAGE        # 2         
DETERMINATION:  9-Jan-98                        Beginning       12/1/97         
DISTRIBUTION:   15-Jan-98                       Ending          12/31/97        
TIME:   1/13/98 14:46                                           
                                                        
                                                        
                                                        
                                                                      per $1000
Section 5.8 (iii)  Servicing Fee                        $728,423.36   0.62223640
                                                                                
Section 5.8 (iv)   Administration Fee                     $1,000.00   0.00085422
                                                                                
Section 5.8 (vi)   Pool Balance at the end of the
                   Collection Period                             $843,430,485.24
                                                   
                                                   
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             $656,479.53
                                                   
                                                   
Section 5.8 (ix)   Reserve Account Balance after Disbursement     $25,302,914.56
                                                   
                                                   
Section 5.8 (x)    Specified Reserve Account Balance              $25,302,914.56
                                                   
                                                   
Section 5.8 (xi)   Total Distribution Amount                      $36,967,357.96
                                                   
                   Servicing Fee                                     $728,423.36
                   Administrative Fee                                  $1,000.00
                   Noteholders' Distribution Amount               $35,005,920.89
                   Certificateholders' Distribution Amount           $194,810.19
                   Deposit to Reserve Account                      $1,037,203.52
                                                   
                                                   
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              $0.00          $0.00            $0.00           0.00000000             0.00000000                0.00000000
        A-2     $30,677,543.27  $1,579,002.62   $32,256,545.89          84.04806375             4.32603458               88.37409833
        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   $30,677,543.27  $4,328,377.62   $35,005,920.89          27.01677082             3.81186933               30.82864015
                                                        
                                                        
                                                        
                                                        
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)       Reserve Fund Transfer Amount            $1,037,203.52   
                                                        
                                                        
(C) COPYRIGHT 1998, CHASE MANHATTAN BANK