CHASE MANHATTAN AUTO OWNER TRUST                                                
SERIES 1997-B                                                   
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
PERIOD  8                                               PAGE    # 1     
DETERMINATION:  10-Feb-98                               Beginning       1/1/98  
DISTRIBUTION:   17-Feb-98                               Ending          1/31/98 
TIME:   2/17/98 12:48                                           
                        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>
                                                        
                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     $10,531,418.31      $10,531,418.31     $55,451.43   $10,586,869.74            $0.00         
                                                        
A-2 Notes       $294,000,000.00    $294,000,000.00      $12,732,363.50  $1,494,500.00   $14,226,863.50  $281,267,636.50         
                                                        
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    $734,531,418.31      $23,263,781.81  $3,856,576.43   $27,120,358.24  $711,267,636.50         
                                                        
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    $763,679,694.10      $23,263,781.81  $4,020,535.48   $27,284,317.29  $740,415,912.29         
                                                        
                                                        
                                                        
                                                        
                                                        
                            FACTOR   INFORMATION   PER   $1,000                                         
                                                        
                                                        
                PRINCIPAL       INTEREST        END PRINCIPAL                           
CLASS           DISTRIBUTION    DISTRIBUTION    BALANCE                         
<S>           <C>             <C>             <C>                                 
 A-1            52.65709155     0.27725715          0.00000000                          
                                                        
 A-2            43.30735884     5.08333333        956.69264116                          
                                                        
 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    25.17725304     4.17378402        769.77016937                          
                                                        
B-1              0.00000000     5.62499995      1,000.00000000                          
CertTotals       0.00000000     5.62499995      1,000.00000000                          
TOTALS          24.40730619     4.21816372        776.81083951                          
                                                        
                                                        
                                                        
                                                        
                                                        
                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                              
 </TABLE>
                                        (212) 946-3247                          
                                                        
(C) COPYRIGHT 1998, CHASE MANHATTAN BANK                                        

<PAGE>

CHASE MANHATTAN AUTO OWNER TRUST                                                
SERIES 1997-B                                                   
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
PERIOD  8                                       PAGE        # 2         
DETERMINATION:  10-Feb-98                       Beginning       1/1/98          
DISTRIBUTION:   17-Feb-98                       Ending          1/31/98         
TIME:   2/17/98 12:48                                           
                                                        
                                                        
                                                        
                                                                       per $1000
Section 5.8 (iii)    Servicing Fee                    $636,399.75     0.66768179
                                                        
                                                        
Section 5.8 (iv)     Administration Fee                 $1,000.00     0.00104915
                                                        
                                                        
Section 5.8 (vi)     Pool Balance at the end
                      of the Collection Period                   $740,415,912.29
                                                        
                                                        
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           $427,210.28
                                                        
                                                        
Section 5.8 (ix)     Reserve Account Balance after Disbursement   $22,212,477.37
                                                        
                                                        
Section 5.8 (x)      Specified Reserve Account Balance            $22,212,477.37
                                                        
                                                        
Section 5.8 (xi)     Total Distribution Amount                    $29,042,839.63
                                                        
                     Servicing Fee                                   $636,399.75
                     Administrative Fee                                $1,000.00
                     Noteholders' Distribution Amount             $27,120,358.24
                     Certificateholders' Distribution Amount         $163,959.05
                     Deposit to Reserve Account                    $1,121,122.59
                                                        
                                                        
                                                        
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     $10,531,418.31     $55,451.43   $10,586,869.74          52.65709155             0.27725715               52.93434870 
A-2     $12,732,363.50  $1,494,500.00   $14,226,863.50          43.30735884             5.08333333               48.39069218 
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   $23,263,781.81  $3,856,576.43   $27,120,358.24          25.17725304             4.17378402               29.35103706 
                                                
</TABLE>
                                                        
                                                        
                                                        
Section 5.8 (xiii)      Certificateholders' 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>        
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               $1,121,122.59
                                                        
                                                        
(C) COPYRIGHT 1998, CHASE MANHATTAN BANK