<TABLE>



------------------------------------------------------------------------------------------------------------------------------------
                                                       CHASE MANHATTAN AUTO OWNER TRUST
                                                                SERIES 1998-B
                                                       STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
PERIOD 9                                                                                                                   PAGE # 1
DETERMINATION: 8-Jan-99                                                                                            Beginning 12/1/98
DISTRIBUTION: 15-Jan-99                                                                                            Ending   12/31/98
TIME: 2/2/99 11:00
                                                                           CLASS A-1 5.578% MONEY MARKET ASSET BACKED NOTES
                                                                           CLASS A-2 5.729% ASSET BACKED NOTES
                                                                           CLASS A-3 5.750% ASSET BACKED NOTES
                                                                           CLASS A-4 5.800% ASSET BACKED NOTES
                                                                           CLASS B-1 6.050% 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        $250,000,000.00                 $0.00               $0.00             $0.00              $0.00             $0.00

   A-2 Notes        $200,000,000.00       $199,892,146.08      $28,621,211.18       $954,318.42     $29,575,529.60   $171,270,934.90

   A-3 Notes        $321,000,000.00       $321,000,000.00               $0.00     $1,538,125.00      $1,538,125.00   $321,000,000.00

   A-4 Notes        $282,800,000.00       $282,800,000.00               $0.00     $1,366,866.67      $1,366,866.67   $282,800,000.00

------------------------------------------------------------------------------------------------------------------------------------
     NOTE TOTALS  $1,053,800,000.00       $803,692,146.08      $28,621,211.18     $3,859,310.09     $32,480,521.27   $775,070,934.90
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
           B-1       $32,604,142.65        $32,604,142.65               $0.00       $164,379.22        $164,379.22    $32,604,142.65
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
CERTIFICATE TOTALS   $32,604,142.65        $32,604,142.65               $0.00       $164,379.22        $164,379.22    $32,604,142.65
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
          TOTALS  $1,086,404,142.65       $836,296,288.73      $28,621,211.18     $4,023,689.31     $32,644,900.49   $807,675,077.55
------------------------------------------------------------------------------------------------------------------------------------

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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             143.10605590     4.77159210           856.35467450
                                                      -----------------------
                                                      -----------------------
             ----------------------------------------------------------------
        A-3               0.00000000     4.79166667         1,000.00000000
                                                      -----------------------
                                                      -----------------------
             ----------------------------------------------------------------
        A-4               0.00000000     4.83333335         1,000.00000000
                                                      -----------------------
                                                      -----------------------
-----------------------------------------------------------------------------
   Notes Totals         27.16000302     3.66227946           735.50098206
-----------------------------------------------------------------------------

-----------------------------------------------------------------------------
       B-1               0.00000000     5.04166669         1,000.00000000
-----------------------                               -----------------------
-----------------------------------------------------------------------------
Certificate Totals       0.00000000     5.04166669         1,000.00000000
-----------------------------------------------------------------------------
-----------------------------------------------------------------------------
      TOTALS            26.34490247     3.70367633           743.43887863
-----------------------------------------------------------------------------





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

------------------------------------------------------------------------------------------------------------------------------------
                                                  CHASE MANHATTAN AUTO OWNER TRUST
                                                            SERIES 1998-B
                                                   STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
------------------------------------------------------------------------------------------------------------------------------------
PERIOD 9                                                                                                           PAGE          # 2
DETERMINATION: 8-Jan-99                                                                                            Beginning 12/1/98
DISTRIBUTION: 15-Jan-99                                                                                            Ending   12/31/98
TIME: 2/2/99 11:00



                                                                                                                          per $1000
<S>               <C>                                                                         <C>                  <C>       
Section 5.8 (iii)  Servicing Fee                                                                      $696,913.57         0.64148648


Section 5.8 (iv)   Administration Fee                                                                   $1,000.00         0.00092047


Section 5.8 (vi)   Pool Balance at the end of the Collection Period                               $807,675,077.55


Section 5.8 (vii)  Repurchase Amounts for Repurchased Receivable
                                      By Seller                                                             $0.00
                                      By Servicer                                                      $23,368.98
                                      TOTAL                                                            $23,368.98

Section 5.8 (viii) Realized Net Losses for Collection Period                                          $357,505.51


Section 5.8 (ix)   Reserve Account Balance after Disbursement                                      $24,230,252.33


Section 5.8 (x)    Specified Reserve Account Balance                                               $24,230,252.33


Section 5.8 (xi)   Total Distribution Amount                                                       $34,353,263.27

                                      Servicing Fee                                                   $696,913.57
                                      Administrative Fee                                                $1,000.00
                                      Noteholders' Distribution Amount                             $32,480,521.27
                                      Certificateholders' Distribution Amount                        $ 164,379.22
                                      Deposit to Reserve Account                                    $1,010,449.21









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               $0.00            $0.00            $0.00         0.00000000           0.00000000                0.00000000
   A-2      $28,621,211.18      $954,318.42   $29,575,529.60       143.10605590           4.77159210              147.87764800
   A-3               $0.00    $1,538,125.00    $1,538,125.00         0.00000000           4.79166667                4.79166667
   A-4               $0.00    $1,366,866.67    $1,366,866.67         0.00000000           4.83333335                4.83333335
 -----------------------------------------------------------------------------------------------------------------------------------
  Total     $28,621,211.18    $3,859,310.09   $32,480,521.27        27.16000302           3.66227946               30.82228247
 -----------------------------------------------------------------------------------------------------------------------------------





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        $164,379.22         $164,379.22         0.00000000           5.04166669                5.04166669
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
 Total         $0.00        $164,379.22         $164,379.22         0.00000000           5.04166669                5.04166669
------------------------------------------------------------------------------------------------------------------------------------




Section 5.8 (xiv)  Reserve Fund Transfer Amount                                                    $ 1,010,449.21











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