<TABLE>


------------------------------------------------------------------------------------------------------------------------------------
                                           CHASE MANHATTAN AUTO OWNER TRUST
                                                    SERIES 1997-B
                                           STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
PERIOD 19                                                                                                                   PAGE # 1
DETERMINATION: 8-Jan-99                                                                                            Beginning 12/1/98
DISTRIBUTION: 15-Jan-99                                                                                              Ending 12/31/98
TIME: 2/2/99 10:09

                                                                           CLASS A-1 5.744% MONEY MARKET ASSET BACKED NOTES
                                                                           CLASS A-2 6.100% ASSET BACKED NOTES
                                                                           CLASS A-3 6.350% ASSET BACKED NOTES
                                                                           CLASS A-4 6.500% ASSET BACKED NOTES
                                                                           CLASS A-5 6.600% ASSET BACKED NOTES
                                                                           CLASS B-1 6.750% 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          $200,000,000.00              $0.00             $0.00             $0.00                  $0.00             $0.00

 A-2 Notes          $294,000,000.00     $42,549,270.72    $21,497,729.75       $216,292.13         $21,714,021.88    $21,051,540.97

 A-3 Notes          $227,000,000.00    $227,000,000.00             $0.00     $1,201,208.33          $1,201,208.33   $227,000,000.00

 A-4 Notes          $133,000,000.00    $133,000,000.00             $0.00       $720,416.67            $720,416.67   $133,000,000.00

 A-5 Notes           $70,000,000.00     $70,000,000.00             $0.00       $385,000.00            $385,000.00    $70,000,000.00
------------------------------------------------------------------------------------------------------------------------------------
 NOTE TOTALS        $924,000,000.00    $472,549,270.72    $21,497,729.75     $2,522,917.13         $24,020,646.88   $451,051,540.97
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
 B-1                 $29,148,275.79     $29,148,275.79             $0.00       $163,959.05            $163,959.05    $29,148,275.79
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
CERTIFICATE TOTALS   $29,148,275.79     $29,148,275.79             $0.00       $163,959.05            $163,959.05    $29,148,275.79
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
 TOTALS             $953,148,275.79    $501,697,546.51    $21,497,729.75     $2,686,876.18         $24,184,605.93   $480,199,816.76
------------------------------------------------------------------------------------------------------------------------------------

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</TABLE>


                                           FACTOR   INFORMATION   PER   $1,000


                      PRINCIPAL               INTEREST            END PRINCIPAL
      CLASS         DISTRIBUTION            DISTRIBUTION             BALANCE
--------------------------------------------------------------------------------
        A-1            0.00000000            0.00000000             0.00000000
                                                         -----------------------
                                                         -----------------------
                  --------------------------------------------------------------
        A-2           73.12152976            0.73568752            71.60388085
                                                         -----------------------
                                                         -----------------------
                  --------------------------------------------------------------
        A-3            0.00000000            5.29166665         1,000.00000000
                                                         -----------------------
                                                         -----------------------
                  --------------------------------------------------------------
        A-4            0.00000000            5.41666669         1,000.00000000
                                                         -----------------------
                                                         -----------------------
                  --------------------------------------------------------------
       A-5             0.00000000            5.50000000         1,000.00000000
                                                         -----------------------
                  --------------------------------------------------------------
   Notes Totals       23.26594129            2.73042979           488.15101837
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
       B-1             0.00000000            5.62499995         1,000.00000000
------------------                                       -----------------------
--------------------------------------------------------------------------------
Certificate Totals     0.00000000            5.62499995         1,000.00000000
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
      TOTALS          22.55444436            2.81894879           503.80389805
--------------------------------------------------------------------------------


(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
<TABLE>
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------------------------------------------------------------------------------------------------------------------------------------
                                                       CHASE MANHATTAN AUTO OWNER TRUST
                                                                SERIES 1997-B
                                                       STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
------------------------------------------------------------------------------------------------------------------------------------

PERIOD 19                                                                                                               PAGE     # 2
DETERMINATION: 8-Jan-99                                                                                         Beginning    12/1/98
DISTRIBUTION: 15-Jan-99                                                                                         Ending      12/31/98
TIME: 2/2/99 10:09



                                                                                                                         per $1000
<S>                <C>                                                                      <C>                        <C>

Section 5.8 (iii)   Servicing Fee                                                                      $418,081.29        0.43863195


Section 5.8 (iv)    Administration Fee                                                                   $1,000.00        0.00104915


Section 5.8 (vi)    Pool Balance at the end of the Collection Period                               $480,199,816.76


Section 5.8 (vii)   Repurchase Amounts for Repurchased Receivable
                                       By Seller                                                             $0.00
                                       By Servicer                                                      $92,686.35
                                       TOTAL                                                            $92,686.35

Section 5.8 (viii)  Realized Net Losses for Collection Period                                          $167,125.07


Section 5.8 (ix)    Reserve Account Balance after Disbursement                                      $14,405,994.50


Section 5.8 (x)     Specified Reserve Account Balance                                               $14,405,994.50


Section 5.8 (xi)    Total Distribution Amount                                                       $25,024,426.78

                                       Servicing Fee                                                   $418,081.29
                                       Administrative Fee                                                $1,000.00
                                       Noteholders' Distribution Amount                             $24,020,646.88
                                       Certificateholders' Distribution Amount                        $ 163,959.05
                                       Deposit to Reserve Account                                      $420,739.56





Section 5.8 (xii)   Noteholders' Distributable Amount


       ------------------------------------------------------------------------------------------------------------------
             Class              Principal                    Interest           Total        Prin (per $1000/orig)
       ------------------------------------------------------------------------------------------------------------------
       <S>            <C>                         <C>                    <C>                 <C>            
              A-1                    $0.00                       $0.00              $0.00         0.00000000
              A-2           $21,497,729.75                 $216,292.13     $21,714,021.88        73.12152976
              A-3                    $0.00               $1,201,208.33      $1,201,208.33         0.00000000
              A-4                    $0.00                 $720,416.67        $720,416.67         0.00000000
              A-5                    $0.00                 $385,000.00        $385,000.00         0.00000000
       ------------------------------------------------------------------------------------------------------------------
             Total          $21,497,729.75               $2,522,917.13     $24,020,646.88        23.26594129
       ------------------------------------------------------------------------------------------------------------------




Section 5.8 (xiii)  Certificateholders' Distributable Amount


     ------------------------------------------------------------------------------------------------------------------
           Class              Principal                    Interest                    Total        Prin (per $1000/orig)
     ------------------------------------------------------------------------------------------------------------------
     <S>           <C>                 <C>                            <C>                         <C>               
            B-1               $0.00                      $163,959.05                 $163,959.05         0.00000000
     ------------------------------------------------------------------------------------------------------------------
     ------------------------------------------------------------------------------------------------------------------
           Total              $0.00                      $163,959.05                 $163,959.05         0.00000000
     ------------------------------------------------------------------------------------------------------------------




Section 5.8 (xiv)   Reserve Fund Transfer Amount                                                      $ 420,739.56











(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
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