CHASE MANHATTAN AUTO OWNER TRUST                                                
SERIES 1998-A                                                   
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
PERIOD  2                                                PAGE                # 1
DETERMINATION:  10-Apr-98                                Beginning        3/1/98
DISTRIBUTION:   15-Apr-98                                Ending          3/31/98
TIME:   4/13/98 15:00                                           
                        CLASS A-1 5.549% MONEY MARKET ASSET BACKED NOTES        
                        CLASS A-2 5.679% ASSET BACKED NOTES                     
                        CLASS A-3 5.700% ASSET BACKED NOTES                     
                        CLASS A-4 5.800% ASSET BACKED NOTES                     
                        CLASS B-1 6.000% 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         $238,000,000.00   $199,943,112.93     $36,455,738.13    $924,570.28   $37,380,308.41    $163,487,374.80       
                                                        
A-2 Notes         $204,000,000.00   $204,000,000.00              $0.00    $965,430.00      $965,430.00    $204,000,000.00       
                                                        
A-3 Notes         $294,000,000.00   $294,000,000.00              $0.00  $1,396,500.00    $1,396,500.00    $294,000,000.00       
                                                        
A-4 Notes         $246,000,000.00   $246,000,000.00              $0.00  $1,189,000.00    $1,189,000.00    $246,000,000.00       
                                                        
NOTE TOTALS       $982,000,000.00   $943,943,112.93     $36,455,738.13  $4,475,500.28   $40,931,238.41    $907,487,374.80       
                                                        
B-1                $30,620,164.79    $30,620,164.79              $0.00    $153,100.82      $153,100.82     $30,620,164.79       
CERT TOTALS        $30,620,164.79    $30,620,164.79              $0.00    $153,100.82      $153,100.82     $30,620,164.79       

TOTALS          $1,012,620,164.79   $974,563,277.72     $36,455,738.13  $4,628,601.10   $41,084,339.23    $938,107,539.59       
                                                                                                                
                                                        
                                                        
                                                        
                            FACTOR   INFORMATION   PER   $1,000                                         
                                                        
                                                        
                PRINCIPAL       INTEREST        END PRINCIPAL                           
CLASS           DISTRIBUTION    DISTRIBUTION    BALANCE                         
<S>            <C>             <C>            <C>                                   
A-1             153.17537029    3.88474908        686.92174286                          
                                                        
A-2               0.00000000    4.73250000      1,000.00000000                          
                                                        
A-3               0.00000000    4.75000000      1,000.00000000                          
                                                        
A-4               0.00000000    4.83333333      1,000.00000000                          
                                                        
Notes Totals     37.12396958    4.55753593        924.12156293                          
                                                        
B-1               0.00000000    4.99999987      1,000.00000000                          
Cert Totals       0.00000000    4.99999987      1,000.00000000                          

TOTALS           36.00139460    4.57091539        926.41601679                                                                      
                                                        

                                                        
(C) COPYRIGHT 1998, CHASE MANHATTAN BANK                                                        

</TABLE>

<PAGE>

CHASE MANHATTAN AUTO OWNER TRUST                                                
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
PERIOD  2                                                PAGE                # 2
DETERMINATION:  10-Apr-98                                Beginning        3/1/98
DISTRIBUTION:   15-Apr-98                                Ending          3/31/98
TIME:   4/13/98 15:00                                           
                                                        
                                                        
                                                        
                                                                      per $1000
Section 5.8 (iii)  Servicing Fee                      $812,136.06     0.80201450
                                                        
                                                        
Section 5.8 (iv)   Administration Fee                   $1,000.00     0.00098754
                                                        
                                                        
Section 5.8 (vi)   Pool Balance at the end of the
                          Collection Period                      $938,107,539.59
                                                        
                                                        
Section 5.8 (vii)  Repurchase Amounts for Repurchased Receivable                
                   By Seller                    $0.00                      
                   By Servicer             $39,866.31                      
                   TOTAL                   $39,866.31                      
                                                        
Section 5.8 (viii) Realized Net Losses for Collection Period          $16,836.60
                                                        
                                                        
Section 5.8 (ix)   Reserve Account Balance after Disbursement     $19,642,944.58
                                                        
                                                        
Section 5.8 (x)    Specified Reserve Account Balance              $28,143,226.19
                                                        
                                                        
Section 5.8 (xi)   Total Distribution Amount                      $44,242,895.39
                                                        
                   Servicing Fee                                     $812,136.06
                   Administrative Fee                                  $1,000.00
                   Noteholders' Distribution Amount               $40,931,238.41
                   Certificateholders' Distribution Amount           $153,100.82
                   Deposit to Reserve Account                      $2,345,420.10
                                                        
                                                        
                                                        
                                                        
                                                        
                                                        
                                                        
                                                        
                                                        
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     $36,455,738.13    $924,570.28   $37,380,308.41         153.17537029             3.88474908              157.06011937
        A-2              $0.00    $965,430.00      $965,430.00           0.00000000             4.73250000                4.73250000
        A-3              $0.00  $1,396,500.00    $1,396,500.00           0.00000000             4.75000000                4.75000000
        A-4              $0.00  $1,189,000.00    $1,189,000.00           0.00000000             4.83333333                4.83333333
        Total   $36,455,738.13  $4,475,500.28   $40,931,238.41          37.12396958             4.55753593               41.68150551
                                                        
                                                        
                                                        
                                                        
                                                        
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           $153,100.82     $153,100.82              0.00000000             4.99999987                4.99999987
        Total   $0.00           $153,100.82     $153,100.82              0.00000000             4.99999987                4.99999987
                                                        
                                                        
                                                        
                                                        
Section 5.8 (xiv)       Reserve Fund Transfer Amount                  $2,345,420.10                           
                                                        
                                                        
                                                        
(C) COPYRIGHT 1998, CHASE MANHATTAN BANK                                                        
</TABLE>