CHASE MANHATTAN AUTO GRANTOR TRUST                                              
SERIES 1996-B                                                   
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
PERIOD  16                                             PAGE    # 1     
DETERMINATION:  9-Jan-98                               Beginning       12/1/97
DISTRIBUTION:   15-Jan-98                              Ending          12/31/97
TIME:   1/13/98 14:23
                                                        
                                                        
                        CLASS A 6.61% ASSET BACKED CERTIFICATES
                        CLASS B 6.76% ASSET BACKED CERTIFICATES   
                                                        
<TABLE>                                                      
<CAPTION>
                                                        
        ORIG PRINCIPAL       BEG               PRINCIPAL        PRINCIPAL       INTEREST        END PRINCIPAL   
CLASS   BALANCE              BALANCE           DISTRIBUTION     DISTRIBUTION    DISTRIBUTION    BALANCE 
<S>     <C>                 <C>               <C>              <C>             <C>             <C>                   

A       $1,478,422,107.71    $889,977,525.00   $33,799,846.31   $4,902,292.87   $38,702,139.18  $856,177,678.69         
B          $45,725,000.00     $27,525,442.24    $1,045,369.90     $155,059.99    $1,200,429.89   $26,480,072.34                     
                                                        
                                                        
TOTALS  $1,524,147,107.71    $917,502,967.24   $34,845,216.21   $5,057,352.86   $39,902,569.07  $882,657,751.03         
                                                        
                                                        
                                                        
                            FACTOR   INFORMATION   PER   $1,000                                         
                                                        
                                                        
        PRINCIPAL       INTEREST        END PRINCIPAL                           
CLASS   DISTRIBUTION    DISTRIBUTION    BALANCE                         
<S>    <C>             <C>             <C>                                     
A       22.86210828     3.31589527      579.11585211                            
B       22.86210826     3.39114248      579.11585216                            
                                                        
Totals  22.86210828     3.31815271      579.11585211                            
</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 GRANTOR TRUST                                             
SERIES 1996-B                                                   
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
PERIOD  16                                                       PAGE        # 2
DETERMINATION:  9-Jan-98                                 Beginning       12/1/97
DISTRIBUTION:   15-Jan-98                               Ending          12/31/97
TIME:   1/13/98 14:23                                           
                                                        
                                                        
                                                        
                                                                       per $1000
Section 5.8 (iii)       Servicing Fee                  $764,585.81     .50164830
                                                        
                                                        
                                                        
<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       $33,799,846.31  $4,902,292.87   $38,702,139.18          22.86210828             3.31589527               26.17800355    
B        $1,045,369.90    $155,059.99    $1,200,429.89          22.86210826             3.39114248               26.25325074    
                                                        
                                                        
Total   $34,845,216.21  $5,057,352.86   $39,902,569.07          22.86210828             3.31815271               26.18026099    
                                                        
 </TABLE>                                                       
                                                        
Section 5.8 (v)    Pool Balance at the end of the
                   Collection Period                             $882,657,751.03
                                                     
                                                     
Section 5.8 (vi)   Aggregate Net Losses for Collection Period        $412,367.95
                                                     
                                                     
Section 5.8 (vii)  Carryover Shortfall for Collection Period                    
                   Class A Interest                0.00              
                   Class B Interest                0.00              
                   Class A Principal               0.00              
                   Class B Principal               0.00              
                   TOTAL                           0.00              
                                                     
                                                     
Section 5.8 (viii) Reserve Account Balance after Disbursement     $28,686,376.91
                                                     
                                                     
                                                     
Section 5.8 (ix)   Specified Reserve Account Balance              $28,686,376.91
                                                     
                                                     
                                                     
Section 5.8 (x)    Repurchase Amounts for Repurchased Receivables               
                   Seller          $0.00                   
                   Servicer        $0.00                   
                   TOTAL           $0.00                   
                                                     
                                                     
                                                     
Section 5.8 (xi) Advance Summary for Collection Period                          
                 Unreimbursed Advances for Period                $4,955,713.81 
                 Unreimbursed Advances for Previous Period       $4,713,674.04 
                 Change from Previous Period                       $242,039.77 
                                                     
                 Reimbursed Advance from Collections             $1,224,035.29
                 Reimbursed Advance from Liquidation Proceeds       $25,499.55
                 Reimbursed Advance from Reserve Account Withdrawals     $0.00
                                                     
                                                     
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