<TABLE>


------------------------------------------------------------------------------------------------------------------------------------
                                             CHASE MANHATTAN AUTO OWNER TRUST
                                                      SERIES 1998-C
                                             STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
PERIOD 7                                                                                                                   PAGE # 1
DETERMINATION: 8-Jan-99                                                                                            Beginning 12/1/98
DISTRIBUTION: 15-Jan-99                                                                                            Ending   12/31/98
TIME: 2/2/99 11:02
                                                                           CLASS A-1 5.588% ASSET BACKED NOTES
                                                                           CLASS A-2 5.747% ASSET BACKED NOTES
                                                                           CLASS A-3 5.800% ASSET BACKED NOTES
                                                                           CLASS A-4 5.850% ASSET BACKED NOTES
                                                                           CLASS B-1 6.000% 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      $258,000,000.00     $63,276,404.60     $29,483,059.77      $304,479.03    $29,787,538.80         $33,793,344.83

    A-2 Notes      $195,000,000.00    $195,000,000.00              $0.00      $933,887.50       $933,887.50        $195,000,000.00

    A-3 Notes      $325,000,000.00    $325,000,000.00              $0.00    $1,570,833.33     $1,570,833.33        $325,000,000.00

    A-4 Notes      $283,900,000.00    $283,900,000.00              $0.00    $1,384,012.50     $1,384,012.50        $283,900,000.00

------------------------------------------------------------------------------------------------------------------------------------
    NOTE TOTALS  $1,061,900,000.00    $867,176,404.60     $29,483,059.77    $4,193,212.36    $33,676,272.13        $837,693,344.83
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
       B-1          $32,889,211.45     $32,889,211.45              $0.00      $164,446.06       $164,446.06         $32,889,211.45
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
CERTIFICATE TOTALS  $32,889,211.45     $32,889,211.45              $0.00      $164,446.06       $164,446.06         $32,889,211.45
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
      TOTALS     $1,094,789,211.45    $900,065,616.05     $29,483,059.77    $4,357,658.42    $33,840,718.19        $870,582,556.28
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</TABLE>


                                           FACTOR   INFORMATION   PER   $1,000


                        PRINCIPAL           INTEREST            END PRINCIPAL
          CLASS        DISTRIBUTION        DISTRIBUTION             BALANCE
--------------------------------------------------------------------------------
            A-1          114.27542547        1.18015128           130.98195671
                                                         -----------------------
                                                         -----------------------
            --------------------------------------------------------------------
            A-2            0.00000000        4.78916667         1,000.00000000
                                                         -----------------------
                                                         -----------------------
            --------------------------------------------------------------------
            A-3            0.00000000        4.83333332         1,000.00000000
                                                         -----------------------
                                                         -----------------------
            --------------------------------------------------------------------
            A-4            0.00000000        4.87500000         1,000.00000000
                                                         -----------------------
                                                         -----------------------

--------------------------------------------------------------------------------
       Notes Totals      27.76444088         3.94878271           788.86274115
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
           B-1            0.00000000         5.00000008         1,000.00000000
-----------------------                                  -----------------------
--------------------------------------------------------------------------------
    Certificate Totals    0.00000000         5.00000008         1,000.00000000
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
          TOTALS         26.93035286         3.98036295           795.20564066
--------------------------------------------------------------------------------


(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
<TABLE>
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                                                 CHASE MANHATTAN AUTO OWNER TRUST
                                                           SERIES 1998-C
                                                  STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
------------------------------------------------------------------------------------------------------------------------------------

PERIOD 7                                                                                                                PAGE     # 2
DETERMINATION: 8-Jan-99                                                                                            Beginning 12/1/98
DISTRIBUTION: 15-Jan-99                                                                                            Ending   12/31/98
TIME: 2/2/99 11:02



                                                                                                                 per $1000
<S>               <C>                                                                      <C>                     <C>       
Section 5.8 (iii)  Servicing Fee                                                                      $750,054.68         0.68511333


Section 5.8 (iv)   Administration Fee                                                                   $1,000.00         0.00091342


Section 5.8 (vi)   Pool Balance at the end of the Collection Period                               $870,582,556.28


Section 5.8 (vii)  Repurchase Amounts for Repurchased Receivable
                                      By Seller                                                             $0.00
                                      By Servicer                                                      $18,454.91
                                      TOTAL                                                            $18,454.91

Section 5.8 (viii) Realized Net Losses for Collection Period                                          $314,175.77


Section 5.8 (ix)   Reserve Account Balance after Disbursement                                      $26,117,476.69


Section 5.8 (x)    Specified Reserve Account Balance                                               $26,117,476.69


Section 5.8 (xi)   Total Distribution Amount                                                       $35,771,426.15

                                      Servicing Fee                                                   $750,054.68
                                      Administrative Fee                                                $1,000.00
                                      Noteholders' Distribution Amount                             $33,676,272.13
                                      Certificateholders' Distribution Amount                        $ 164,446.06
                                      Deposit to Reserve Account                                    $1,179,653.28









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      $29,483,059.77     $304,479.03      $29,787,538.80       114.27542547           1.18015128              115.45557674
  A-2               $0.00     $933,887.50         $933,887.50         0.00000000           4.78916667                4.78916667
  A-3               $0.00   $1,570,833.33       $1,570,833.33         0.00000000           4.83333332                4.83333332
  A-4               $0.00   $1,384,012.50       $1,384,012.50         0.00000000           4.87500000                4.87500000
------------------------------------------------------------------------------------------------------------------------------------
 Total     $29,483,059.77   $4,193,212.36      $33,676,272.13        27.76444088           3.94878271               31.71322359
------------------------------------------------------------------------------------------------------------------------------------





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           $164,446.06         $164,446.06         0.00000000           5.00000008                5.00000008
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
 Total       $0.00           $164,446.06         $164,446.06         0.00000000           5.00000008                5.00000008
-------------------------------------------------------------------------------------------------------------------------------




Section 5.8 (xiv)  Reserve Fund Transfer Amount                                                    $ 1,179,653.28











(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
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</TABLE>