<TABLE>
<CAPTION>
                                                                  Exhibit 20.1
                                                                  ------------
                        CHASE MANHATTAN AUTO OWNER TRUST
                                 SERIES 1996-C
                        STATEMENT TO CERTIFICATEHOLDERS

               PERIOD:   4               PAGE      # 1
        DETERMINATION:   10-Apr-97       Beginning     3/1/97
        DISTRIBUTION:    15-Apr-97       Ending        3/31/97

                        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     $134,424,176.26     $28,818,854.56       $594,382.63     $29,413,237.19    $105,605,321.70

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     $875,424,176.26     $28,818,854.56     $4,258,340.96     $33,077,195.52    $846,605,321.70

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     $906,363,021.89     $28,818,854.56     $4,419,480.78     $33,238,335.34    $877,544,167.33


                            FACTOR   INFORMATION   PER   $1,000

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

 A-1              128.08379804       2.64170058           469.35698533

 A-2                 .00000000       4.79166665         1,000.00000000

 A-3                 .00000000       4.95833333         1,000.00000000

 A-4                 .00000000       5.12500000         1,000.00000000

Notes Totals       29.83318277       4.40822046           876.40302453

B-1                  .00000000       5.20833330         1,000.00000000

Certficate Totals    .00000000       5.20833330         1,000.00000000

TOTALS             28.90734440       4.43305103           880.23871392
</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

@ CHASE MANHATTAN BANKING CORPORATION

<PAGE>
                                 SERIES 1996-C
                        STATEMENT TO CERTIFICATEHOLDERS

       PERIOD: 4       PAGE  # 2
DETERMINATION:   10-Apr-97            Beginning      3/1/97
DISTRIBUTION:    15-Apr-97            Ending         3/31/97



                                                                     per $1000

Section 5.8 (iii)   Servicing Fee                     $755,302.52   .756217153

Section 5.8 (iv)    Administration Fee                  $1,000.00   .001003076

Section 5.8 (vi)    Pool Balance at the end of  
                    the Collection Period         $877,544,167.33

Section 5.8 (vii)   Repurchase Amounts for 
                    Repurchased Receivables
                            By Seller                       $0.00
                            By Servicer                     $0.00
                            TOTAL                           $0.00

Section 5.8 (viii) Realized Losses for Collection
                   Period                                   $0.00


Section 5.8 (ix)   Reserve Account Balance 
                   after Disbursement              $24,195,484.03


Section 5.8 (x)    Specified Reserve Account 
                   Balance                         $26,326,325.02


Section 5.8 (xi)   Total Distribution Amount       $35,810,174.89

                       Servicing Fee                  $755,302.52

                       Administrative Fee               $1,000.00

                       Noteholders' Distribution
                       Amount                      $33,077,195.52

                       Certifcateholders'
                       Distribution                   $161,139.82

                       Deposit to Reserve
                       Account                      $1,815,537.03
<TABLE>
<CAPTION>

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        $28,818,854.56      $594,382.63    $29,413,237.19         128.08379804      2.64170058         130.72549862
   A-2                 $0.00    $1,145,208.33     $1,145,208.33            .00000000      4.79166665           4.79166665
   A-3                 $0.00    $1,606,500.00     $1,606,500.00            .00000000      4.95833333           4.95833333
   A-4                 $0.00      $912,250.00       $912,250.00            .00000000      5.12500000           5.12500000
   Total      $28,818,854.56    $4,258,340.96    $33,077,195.52          29.83318277      4.40822046          34.24140323

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        $0.00