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

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

PERIOD  5                                       PAGE    # 1
DETERMINATION:  8-Aug-97                        Beginning       7/1/97
DISTRIBUTION:   15-Aug-97                       Ending          7/31/97
TIME:   8/12/97 22:07
                        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>
<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       $250,000,000.00    $105,755,127.19    $32,421,285.24     $504,966.04    $32,926,251.28   $73,333,841.95

A-2 Notes       $365,000,000.00    $365,000,000.00             $0.00   $1,809,791.67     $1,809,791.67  $365,000,000.00

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    $991,255,127.19    $32,421,285.24   $5,064,132.71    $37,485,417.95  $958,833,841.95

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  $1,026,408,845.32    $32,421,285.24   $5,258,942.90    $37,680,228.14  $993,987,560.08



                            FACTOR   INFORMATION   PER   $1,000


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

A-1     129.68514096      2.01986416      293.33536780

A-2       0.00000000      4.95833334    1,000.00000000

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   28.55243086      4.45982625      844.41553672

B-1       0.00000000      5.54166672    1,000.00000000
Totals    0.00000000      5.54166672    1,000.00000000
TOTALS   27.69502607      4.49231299      849.08760352

</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  5                                       PAGE        # 2
DETERMINATION:  8-Aug-97                        Beginning       7/1/97
DISTRIBUTION:   15-Aug-97                       Ending          7/31/97
TIME:   8/12/97 22:07



                                                                      per $1000
Section 5.8 (iii)       Servicing Fee                   $855,340.70  0.73065219


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


Section 5.8 (vi)        Pool Balance at the end of the 
                         00Collection Period                    $993,987,560.08


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       $303,750.53


Section 5.8 (ix)        Reserve Account Balance after 
                          Disbursement                           $28,416,820.19


Section 5.8 (x)         Specified Reserve Account Balance        $29,819,626.80


Section 5.8 (xi)        Total Distribution Amount                $40,090,352.01

                          Servicing Fee                             $855,340.70
                          Administrative Fee                          $1,000.00
                          Noteholders' Distribution Amount       $37,485,417.95
                          Certificateholders' Distribution
                            Amount                                  $194,810.19
                          Deposit to Reserve Account              $1,553,783.17


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     $32,421,285.24    $504,966.04   $32,926,251.28     129.68514096             2.01986416              131.70500512
        A-2              $0.00  $1,809,791.67    $1,809,791.67       0.00000000             4.95833334                4.95833334
        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   $32,421,285.24  $5,064,132.71   $37,485,417.95      28.55243086             4.45982625               33.01225711

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

</TABLE>

Section 5.8 (xiv)       Reserve Fund Transfer Amount            $1,553,783.17

(C) COPYRIGHT 1997, CHASE MANHATTAN BANK