CHASE MANHATTAN AUTO OWNER TRUST                                                
SERIES 1997-A                                                   
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
PERIOD  11                                      PAGE    # 1     
DETERMINATION:  10-Feb-98                       Beginning       1/1/98  
DISTRIBUTION:   17-Feb-98                       Ending          1/31/98 
TIME:   2/17/98 12:40                                   
                        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>
                                                       
                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       $365,000,000.00    $287,776,767.11      $28,396,989.47  $1,426,893.14   $29,823,882.61  $259,379,777.64         
                                                        
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    $808,276,767.11      $28,396,989.47  $4,176,268.14   $32,573,257.61  $779,879,777.64         
                                                        
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    $843,430,485.24      $28,396,989.47  $4,371,078.33   $32,768,067.80  $815,033,495.77         
                                                        
                                                        
</TABLE>
<TABLE>
                                            
                                                        
        FACTOR   INFORMATION   PER   $1,000                                             
                                                        
                                                        
        PRINCIPAL       INTEREST        END PRINCIPAL                           
CLASS   DISTRIBUTION    DISTRIBUTION    BALANCE                         
<S>    <C>             <C>             <C>                                 
A-1      0.00000000     0.00000000          0.00000000                          
                                                        
A-2     77.79997115     3.90929627        710.62952778                          
                                                        
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  25.00835708     3.67791118        686.81618462                          
                                                        
B-1      0.00000000     5.54166672      1,000.00000000                          
Totals   0.00000000     5.54166672      1,000.00000000                          
TOTALS  24.25737776     3.73387814        696.22082359                          
                                                        
                                                        
                                                        
                                                        
                                                        
                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                                
                                                        
                                                        
                                                        
                                                      
(C) COPYRIGHT 1998, CHASE MANHATTAN BANK                                                        
</TABLE>
<PAGE>

CHASE MANHATTAN AUTO OWNER TRUST                                                
SERIES 1997-A                                                   
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
        PERIOD  11                              PAGE        # 2         
DETERMINATION:  10-Feb-98                       Beginning       1/1/98          
DISTRIBUTION:   17-Feb-98                       Ending          1/31/98         
TIME:   2/17/98 12:40                                           
                                                        
                                                        
                                                        
                                                                       per $1000
Section 5.8 (iii)    Servicing Fee                   $702,858.74      0.60039850
                                                        
                                                        
Section 5.8 (iv)     Administration Fee                $1,000.00      0.00085422
                                                        
                                                        
Section 5.8 (vi)     Pool Balance at the end of
                                the Collection Period            $815,033,495.77
                                                        
                                                        
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           $529,177.68
                                                        
                                                        
Section 5.8 (ix)     Reserve Account Balance after Disbursement   $24,451,004.87
                                                        
                                                        
Section 5.8 (x)      Specified Reserve Account Balance            $24,451,004.87
                                                        
                                                        
Section 5.8 (xi)     Total Distribution Amount                    $34,586,810.17
                                                        
                     Servicing Fee                                   $702,858.74
                     Administrative Fee                                $1,000.00
                     Noteholders' Distribution Amount             $32,573,257.61
                     Certificateholders' Distribution Amount         $194,810.19
                     Deposit to Reserve Account                    $1,114,883.63
                                                        
                                                         
                                                        
                                                        
                                                        
Section 5.8 (xii)       Noteholders' Distributable Amount                       
<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-1              $0.00          $0.00            $0.00           0.00000000             0.00000000                0.00000000 
A-2     $28,396,989.47  $1,426,893.14   $29,823,882.61          77.79997115             3.90929627               81.70926742 
A-3              $0.00  $1,406,250.00    $1,406,250.00           0.00000000             5.33333333                5.33333333 
A-5              $0.00    $463,125.00      $463,125.00           0.00000000             5.41666667                5.41666667 
Total   $28,396,989.47  $4,176,268.14   $32,573,257.61          25.00835708             3.67791118               28.68626826 
                                                
                                                        
                                                        
                                                        
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            $1,114,883.63   
                                                        
                                                        
(C) COPYRIGHT 1998, CHASE MANHATTAN BANK