CHASE MANHATTAN AUTO OWNER TRUST
SERIES 1997-A
STATEMENT TO CERTIFICATEHOLDERS

        PERIOD  9                                       PAGE    # 1
        DETERMINATION:  10-Dec-97                       Beginning       11/1/97
        DISTRIBUTION:   15-Dec-97                       Ending          11/30/97
        TIME:   12/15/97 9:51
                        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       $346,049,678.45    $27,595,368.07       $1,715,829.66   $29,311,197.73  $318,454,310.38
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       $866,549,678.45    $27,595,368.07       $4,465,204.66   $32,060,572.73  $838,954,310.38

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       $901,703,396.58    $27,595,368.07       $4,660,014.85   $32,255,382.92  $874,108,028.51





                            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     75.60374814     4.70090318       872.47756268
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  24.30239372     3.93236870        738.84131253

B-1      0.00000000     5.54166672      1,000.00000000
Totals   0.00000000     5.54166672      1,000.00000000
TOTALS  23.57261387     3.98069453        746.68368192

</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



<PAGE>

CHASE MANHATTAN AUTO OWNER TRUST
SERIES 1997-A
STATEMENT TO CERTIFICATEHOLDERS

        PERIOD  9                               PAGE        # 2
DETERMINATION:  10-Dec-97                       Beginning       11/1/97
DISTRIBUTION:   15-Dec-97                       Ending          11/30/97
TIME:   12/15/97 9:51



                                                                       per $1000
Section 5.8 (iii)  Servicing Fee                      $751,419.50     0.64188025


Section 5.8 (iv)   Administration Fee                   $1,000.00     0.00085422


Section 5.8 (vi)   Pool Balance at the end of the
                   Collection Period                             $874,108,028.51


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             $376,311.00


Section 5.8 (ix)   Reserve Account Balance after Disbursement     $26,223,240.86


Section 5.8 (x)    Specified Reserve Account Balance              $26,223,240.86


Section 5.8 (xi)   Total Distribution Amount                      $33,489,769.59

                   Servicing Fee                                     $751,419.50
                   Administrative Fee                                  $1,000.00
                   Noteholders' Distribution Amount               $32,060,572.73
                   Certificateholders' Distribution Amount           $194,810.19
                   Deposit to Reserve Account                        $481,967.17


Section 5.8 (xii)       Noteholders' Distributable Amount

<TABLE>

        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     $27,595,368.07  $1,715,829.66   $29,311,197.73          75.60374814             4.70090318             80.30465132
        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   $27,595,368.07  $4,465,204.66   $32,060,572.73          24.30239372             3.93236870             28.23476242


Section 5.8 (xiii)      Certificateholders' Distributable Amount


        Class   Principal        Interest       Total           Prin (per $1000/orig)   Int (per $1000/orig)  Total (per $1000/orig)
        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


</TABLE>


Section 5.8 (xiv)       Reserve Fund Transfer Amount                 $481,967.17


(C) COPYRIGHT 1997, CHASE MANHATTAN BANK