<TABLE>

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                                                                               CHASE MANHATTAN AUTO OWNER TRUST
                                                                                        SERIES 1998-B
                                                                               STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================

PERIOD 7                                                                                                                    PAGE # 1
DETERMINATION: 10-Nov-98                                                                                           Beginning 10/1/98
DISTRIBUTION:  16-Nov-98                                                                                             Ending 10/31/98
TIME:          11/25/98 12:32
                                                                CLASS A-1 5.578% MONEY MARKET ASSET BACKED NOTES
                                                                           CLASS A-2 5.729% ASSET BACKED NOTES
                                                                           CLASS A-3 5.750% ASSET BACKED NOTES
                                                                           CLASS A-4 5.800% ASSET BACKED NOTES
                                                                           CLASS B-1 6.050% ASSET BACKED CERTIFICATES



                     ORIG PRINCIPAL        BEG PRINCIPAL      PRINCIPAL          INTEREST           TOTAL         END PRINCIPAL
      CLASS              BALANCE              BALANCE        DISTRIBUTION      DISTRIBUTION      DISTRIBUTION        BALANCE
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<S>           <C>                       <C>                 <C>              <C>               <C>               <C>                
    A-1 Notes           $250,000,000.00     $54,349,852.53    $26,569,253.22       $269,478.65    $26,838,731.87    $27,780,599.31
    A-2 Notes           $200,000,000.00    $200,000,000.00             $0.00       $954,833.33       $954,833.33   $200,000,000.00
    A-3 Notes           $321,000,000.00    $321,000,000.00             $0.00     $1,538,125.00     $1,538,125.00   $321,000,000.00
    A-4 Notes           $282,800,000.00    $282,800,000.00             $0.00     $1,366,866.67     $1,366,866.67   $282,800,000.00
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    NOTE TOTALS       $1,053,800,000.00    $858,149,852.53    $26,569,253.22     $4,129,303.65    $30,698,556.87   $831,580,599.31
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   B-1                   $32,604,142.65     $32,604,142.65             $0.00       $164,379.22       $164,379.22    $32,604,142.65
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CERTIFICATE TOTALS       $32,604,142.65     $32,604,142.65             $0.00       $164,379.22       $164,379.22    $32,604,142.65
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   TOTALS             $1,086,404,142.65    $890,753,995.18    $26,569,253.22     $4,293,682.87    $30,862,936.09   $864,184,741.96
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                                               FACTOR   INFORMATION   PER   $1,000


                                   PRINCIPAL               INTEREST            END PRINCIPAL
          CLASS                  DISTRIBUTION            DISTRIBUTION             BALANCE
--------------------------------------------------------------------------------------------------
<S>             <C>                                  <C>                     <C>             
            A-1                         106.27701288            1.07791460           111.12239724
                                                                           -----------------------
                                                                           -----------------------
                           -----------------------------------------------------------------------
            A-2                           0.00000000            4.77416665         1,000.00000000
                                                                           -----------------------
                                                                           -----------------------
                           -----------------------------------------------------------------------
            A-3                           0.00000000            4.79166667         1,000.00000000
                                                                           -----------------------
                                                                           -----------------------
                           -----------------------------------------------------------------------
            A-4                           0.00000000            4.83333335         1,000.00000000
                                                                           -----------------------
                                                                           -----------------------
--------------------------------------------------------------------------------------------------
       Notes Totals                      25.21280435            3.91848894           789.12563988
--------------------------------------------------------------------------------------------------

--------------------------------------------------------------------------------------------------
           B-1                            0.00000000            5.04166669         1,000.00000000
---------------------------                                                -----------------------
--------------------------------------------------------------------------------------------------
    Certificate Totals                    0.00000000            5.04166669         1,000.00000000
--------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------
          TOTALS                         24.45614130            3.95219670           795.45420349
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(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
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<PAGE>
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                                        CHASE MANHATTAN AUTO OWNER TRUST
                                                 SERIES 1998-B
                                        STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
------------------------------------------------------------------------------------------------------------------------------------

 PERIOD 7                                                                                                               PAGE     # 2
 DETERMINATION: 10-Nov-98                                                                                          Beginning 10/1/98
 DISTRIBUTION: 16-Nov-98                                                                                             Ending 10/31/98
 TIME: 11/25/98 12:32



                                                                                                                          per $1000
<S>                                                                                       <C>                            <C>
Section 5.8 (iii) Servicing Fee                                                                        $742,295.00        0.68325862


Section 5.8 (iv)  Administration Fee                                                                     $1,000.00        0.00092047


Section 5.8 (vi)  Pool Balance at the end of the Collection Period                                 $864,184,741.96


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 Net Losses for Collection Period                                            $186,556.23


Section 5.8 (ix)  Reserve Account Balance after Disbursement                                        $25,925,542.26


Section 5.8 (x)   Specified Reserve Account Balance                                                 $25,925,542.26


Section 5.8 (xi)  Total Distribution Amount                                                         $33,084,166.98

                                        Servicing Fee                                                  $742,295.00
                                        Administrative Fee                                               $1,000.00
                                        Noteholders' Distribution Amount                            $30,698,556.87
                                        Certificateholders' Distribution Amount                       $ 164,379.22
                                        Deposit to Reserve Account                                   $1,477,935.89









Section 5.8 (xii) Noteholders' Distributable Amount


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 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       $26,569,253.22     $269,478.65      $26,838,731.87        106.27701288          1.07791460               107.35492748
  A-2                $0.00     $954,833.33         $954,833.33          0.00000000          4.77416665                 4.77416665
  A-3                $0.00   $1,538,125.00       $1,538,125.00          0.00000000          4.79166667                 4.79166667
  A-4                $0.00   $1,366,866.67       $1,366,866.67          0.00000000          4.83333335                 4.83333335
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 Total      $26,569,253.22   $4,129,303.65      $30,698,556.87         25.21280435          3.91848894                29.13129329
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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          $164,379.22     $164,379.22          0.00000000          5.04166669                 5.04166669
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Total         $0.00          $164,379.22     $164,379.22          0.00000000          5.04166669                 5.04166669
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Section 5.8 (xiv) Reserve Fund Transfer Amount                                                      $ 1,477,935.89











(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
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