Exhibit 20.1
                                                            ------------

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

PERIOD  8                                       PAGE    # 1
DETERMINATION:  08-Aug-97                       Beginning       7/1/97
DISTRIBUTION:   15-Aug-97                       Ending          7/31/97
TIME:   8/12/97 22:04

                        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>
<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   $225,000,000.00     $24,406,260.57  $24,406,260.57    $115,359.58   $24,521,620.15            $0.00

A-2 Notes   $239,000,000.00    $239,000,000.00   $2,366,045.34  $1,145,208.33    $3,511,253.67  $236,633,954.66

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

TOTALS      $966,000,000.00    $765,406,260.57  $26,772,305.91  $3,779,317.91   $30,551,623.82  $738,633,954.66

B-1          $30,938,845.63     $30,938,845.63      $75,693.92    $161,139.82      $236,833.74   $30,863,151.71
TOTALS       $30,938,845.63     $30,938,845.63      $75,693.92    $161,139.82      $236,833.74   $30,863,151.71
GRAND TOTAL $996,938,845.63    $796,345,106.20  $26,847,999.83  $3,940,457.73   $30,788,457.56  $769,497,106.37



             FACTOR   INFORMATION   PER   $1,000


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

 A-1    108.47226920      0.51270924       0.00000000

 A-2      9.89977130      4.79166665     990.10022870

 A-3      0.00000000      4.95833333   1,000.00000000

 A-4      0.00000000      5.12500000   1,000.00000000

Total    27.71460239      3.91233738     764.63142304

B-1       2.44656575      5.20833330     997.55343425
Total     2.44656575      5.20833330     997.55343425
TOTALS   26.93043806      3.95255712     771.85988864

</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 BANKING CORPORATION

<PAGE>


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

        PERIOD  8                               PAGE        # 2
DETERMINATION:  8-Aug-97                        Beginning       7/1/97
DISTRIBUTION:   15-Aug-97                       Ending          7/31/97
TIME:   8/12/97 22:04


                                                                      per $1000
Section 5.8 (iii)  Servicing Fee                   $663,620.92   .66565860


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


Section 5.8 (vi)   Pool Balance at the end of the 
                    Collection Period                           $769,497,106.37


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            $407,997.06


Section 5.8 (ix)   Reserve Account Balance after Disbursement    $23,084,913.19


Section 5.8 (x)    Specified Reserve Account Balance             $23,084,913.19


Section 5.8 (xi)   Total Distribution Amount                     $32,734,619.29

                     Servicing Fee                                  $663,620.92
                     Administrative Fee                               $1,000.00
                     Noteholders' Distribution Amount            $30,551,623.82
                     Certifcateholders' Distribution Amount         $236,833.74
                     Deposit to Reserve Account                   $1,281,540.81


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     $24,406,260.57    $115,359.58   $24,521,620.15     108.47226920             0.51270924              108.98497844
        A-2      $2,366,045.34  $1,145,208.33    $3,511,253.67       9.89977130             4.79166665               14.69143795
        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   $26,772,305.91  $3,779,317.91   $30,551,623.82      27.71460239             3.91233738               31.62693977


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       $75,693.92      $161,139.82     $236,833.74        2.44656575             5.20833330                7.65489905
        Total     $75,693.92      $161,139.82     $236,833.74        2.44656575             5.20833330                7.65489905


Section 5.8 (xiv)       Reserve Account Transfer Amount         $1,281,540.81

</TABLE>


(C) COPYRIGHT 1997, CHASE MANHATTAN BANK