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

        PERIOD  6                                       PAGE    # 1
        DETERMINATION:  10-Dec-97                       Beginning       11/1/97
        DISTRIBUTION:   15-Dec-97                       Ending          11/30/97
        TIME:   12/15/97 10:03
                        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
<TABLE>
<CAPTION>


                ORIG PRINCIPAL    BEG PRINCIPAL         PRINCIPAL       INTEREST        TOTAL           END PRINCIPAL
CLASS           BALANCE           BALANCE               DISTRIBUTION    DISTRIBUTION    DISTRIBUTION    BALANCE
<S>           <C>               <C>                   <C>             <C>            <C>    

A-1 Notes       $200,000,000.00    $58,694,245.23       $22,259,485.53    $262,219.80   $22,521,705.33   $36,434,759.70

A-2 Notes       $294,000,000.00   $294,000,000.00                $0.00  $1,494,500.00    $1,494,500.00  $294,000,000.00

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   $782,694,245.23       $22,259,485.53  $4,063,344.80   $26,322,830.33  $760,434,759.70

B-1              $29,148,275.79    $29,148,275.79                $0.00    $163,959.05      $163,959.05   $29,148,275.79
 CERT 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   $811,842,521.02       $22,259,485.53  $4,227,303.85   $26,486,789.38  $789,583,035.49



                            FACTOR   INFORMATION   PER   $1,000


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

A-1     111.29742765    1.31109900        182.17379850

A-2       0.00000000    5.08333333      1,000.00000000

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
Totals   24.09035231    4.39755931        822.98134167

B-1       0.00000000    5.62499995      1,000.00000000
Totals    0.00000000    5.62499995      1,000.00000000
TOTALS   23.35364402    4.43509573        828.39475824

</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-B
STATEMENT TO CERTIFICATEHOLDERS

        PERIOD  6                               PAGE        # 2
DETERMINATION:  10-Dec-97                       Beginning       11/1/97
DISTRIBUTION:   15-Dec-97                       Ending          11/30/97
TIME:   12/15/97 10:03


                                                                     per $1000
Section 5.8 (iii)  Servicing Fee                   $676,535.43     0.70979033

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

Section 5.8 (vi)   Pool Balance at the end of the 
                    Collection Period                           $789,583,035.49

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            $189,603.82

Section 5.8 (ix)   Reserve Account Balance after Disbursement    $23,687,491.06

Section 5.8 (x)    Specified Reserve Account Balance             $23,687,491.06

Section 5.8 (xi)   Total Distribution Amount                     $27,885,746.53

                   Servicing Fee                                    $676,535.43
                   Administrative Fee                                 $1,000.00
                   Noteholders' Distribution Amount              $26,322,830.33
                   Certificateholders' Distribution Amount          $163,959.05
                   Deposit to Reserve Account                       $721,421.72

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>    

        A-1     $22,259,485.53    $262,219.80   $22,521,705.33         111.29742765             1.31109900              112.60852665
        A-2              $0.00  $1,494,500.00    $1,494,500.00           0.00000000             5.08333333                5.08333333
        A-3              $0.00  $1,201,208.33    $1,201,208.33           0.00000000             5.29166665                5.29166665
        A-4              $0.00    $720,416.67      $720,416.67           0.00000000             5.41666669                5.41666669
        A-5              $0.00    $385,000.00      $385,000.00           0.00000000             5.50000000                5.50000000
        Total   $22,259,485.53  $4,063,344.80   $26,322,830.33          24.09035231             4.39755931               28.48791161


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        $163,959.05      $163,959.05            0.00000000            5.62499995                5.62499995
        Total      $0.00        $163,959.05      $163,959.05            0.00000000            5.62499995                5.62499995
</TABLE>

Section 5.8 (xiv)       Reserve Fund Transfer Amount               $721,421.72


(C) COPYRIGHT 1997, CHASE MANHATTAN BANK