CHASE MANHATTAN AUTO OWNER TRUST                                                
SERIES 1997-A                                                   
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
PERIOD  15                                              PAGE    # 1     
DETERMINATION:  10-Jun-98                               Beginning        5/1/98 
DISTRIBUTION:   15-Jun-98                               Ending          5/31/98 
TIME:   6/15/98 21:00                                           
                        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>
                                                        
                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   $168,383,637.90     $28,185,291.07    $834,902.20   $29,020,193.27  $140,198,346.83         
                                                        
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   $688,883,637.90     $28,185,291.07  $3,584,277.20   $31,769,568.27  $660,698,346.83         
                                                        
B-1                $35,153,718.13    $35,153,718.13              $0.00    $194,810.19      $194,810.19   $35,153,718.13         
CERT 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   $724,037,356.03     $28,185,291.07  $3,779,087.39   $31,964,378.46  $695,852,064.96         
                                                        
                                                        
                                                        
                                                        
                                                        
            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     77.21997553     2.28740329        384.10505981                          
                                                        
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  24.82192080     3.15656292        581.85675635                          
                                                        
B-1      0.00000000     5.54166672      1,000.00000000                          
Totals   0.00000000     5.54166672      1,000.00000000                          
TOTALS  24.07654000     3.22818553        594.41323611                          
                                                        
</TABLE>
<PAGE>

CHASE MANHATTAN AUTO OWNER TRUST                                                
SERIES 1997-A                                                   
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
PERIOD  15                                                      PAGE        # 2
DETERMINATION:  10-Jun-98                                      Beginning  5/1/98
DISTRIBUTION:   15-Jun-98                                      Ending    5/31/98
TIME:   6/15/98 21:00                                           
                                                        
                                                        
                                                        
                                                                       per $1000
<TABLE>
                   
Section 5.8 (iii)       Servicing Fee                 $603,364.46     0.51540814
                                                        
                                                        
Section 5.8 (iv)        Administration Fee              $1,000.00     0.00085422
                                                        
                                                        
<S>                    <C>                                                            <C>                              
Section 5.8 (vi)        Pool Balance at the end of the Collection Period               $695,852,064.96                  
                                                        
                                                        
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                          $512,706.06                  
                                                        
                                                        
Section 5.8 (ix)        Reserve Account Balance after Disbursement                      $20,875,561.95                  
                                                        
                                                        
Section 5.8 (x)         Specified Reserve Account Balance                               $20,875,561.95                  
                                                        
                                                        
Section 5.8 (xi)        Total Distribution Amount                                       $32,958,523.43                  
                                                        
                        Servicing Fee                                                      $603,364.46                  
                        Administrative Fee                                                   $1,000.00                  
                        Noteholders' Distribution Amount                                $31,769,568.27                  
                        Certificateholders' Distribution Amount                            $194,810.19                  
                        Deposit to Reserve Account                                         $389,780.51                  
                                                        
                                                        
                                                        
                                                        
                                                        
                                                        
                                                        
                                                        
                                                        
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              $0.00          $0.00            $0.00           0.00000000             0.00000000             0.00000000 
        A-2     $28,185,291.07    $834,902.20   $29,020,193.27          77.21997553             2.28740329            79.50737882 
        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   $28,185,291.07  $3,584,277.20   $31,769,568.27          24.82192080             3.15656292            27.97848373 
                                                        
                                                        
                                                        
                                                        
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 
                                                        
                                                        
                                                        
                                                        
Section 5.8 (xiv)       Reserve Fund Transfer Amount            $389,780.51                             


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