Exhibit 20.1
                                                            ------------

CHASE MANHATTAN AUTO OWNER TRUST
SERIES 1996-C
STATEMENT TO CERTIFICATEHOLDERS

        PERIOD  9                                       PAGE    # 1
        DETERMINATION:  10-Sep-97                       Beginning       8/1/97
        DISTRIBUTION:   15-Sep-97                       Ending          8/31/97
        TIME:   9/23/97 17:05

                        CLASS A-1 5.489%  MONEY  MARKET ASSET BACKED NOTES CLASS
                        A-2 5.750%  ASSET  BACKED  NOTES CLASS A-3 5.950%  ASSET
                        BACKED  NOTES CLASS A-4 6.150%  ASSET BACKED NOTES CLASS
                        B-1 6.250% 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   $225,000,000.00               $0.00            $0.00               $0.00           $0.00              $0.00

A-2 Notes   $239,000,000.00     $236,633,954.66   $23,872,348.51       $1,133,871.03  $25,006,219.54    $212,761,606.15

A-3 Notes   $324,000,000.00     $324,000,000.00            $0.00       $1,606,500.00   $1,606,500.00    $324,000,000.00

A-4 Notes   $178,000,000.00     $178,000,000.00            $0.00         $912,250.00     $912,250.00    $178,000,000.00

TOTALS      $966,000,000.00     $738,633,954.66   $23,872,348.51       $3,652,621.03  $27,524,969.54    $714,761,606.15

B-1          $30,938,845.63      $30,863,151.71      $763,718.06         $160,745.58     $924,463.64     $30,099,433.65

TOTALS       $30,938,845.63      $30,863,151.71      $763,718.06         $160,745.58     $924,463.64     $30,099,433.65

TOTALS      $996,938,845.63     $769,497,106.37   $24,636,066.57       $3,813,366.61  $28,449,433.18    $744,861,039.80



                            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     99.88430339      4.74423025     890.21592531

 A-3      0.00000000      4.95833333   1,000.00000000

 A-4      0.00000000      5.12500000   1,000.00000000

Totals   24.71257610      3.78118119     739.91884695

B-1      24.68476262      5.19559074     972.86867164

Totals   24.68476262      5.19559074     972.86867164

TOTALS   24.71171294      3.82507576     747.14817570
</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

@ CHASE MANHATTAN BANKING CORPORATION
<PAGE>

CHASE MANHATTAN AUTO OWNER TRUST
SERIES 1996-C
STATEMENT TO CERTIFICATEHOLDERS

        PERIOD  9                          PAGE        # 2
DETERMINATION:  10-Sep-97                  Beginning       8/1/97
DISTRIBUTION:   15-Sep-97                  Ending          8/31/97
TIME:   9/23/97 17:05

                                                                  per $1000
Section 5.8 (iii) Servicing Fee                $641,247.59     .64321658

Section 5.8 (iv)  Administration Fee             $1,000.00     .00100307

Section 5.8 (vi)  Pool Balance at the end of the 
                   Collection Period                            $744,861,039.80

Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable
                  By Seller                                               $0.00
                  By Servicer                                         $5,410.85
                  TOTAL                                               $5,410.85

Section 5.8 (viii)Realized Losses for Collection Period             $414,984.46

Section 5.8 (ix)  Reserve Account Balance after Disbursement     $22,345,831.19

Section 5.8 (x)   Specified Reserve Account Balance              $22,345,831.19

Section 5.8 (xi)  Total Distribution Amount                      $29,949,460.28

                  Servicing Fee                                     $641,247.59
                  Administrative Fee                                  $1,000.00
                  Noteholders' Distribution Amount               $27,524,969.54
                  Certifcateholders' Distribution Amount            $924,463.64
                  Deposit to Reserve Account                        $857,779.51

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>                    <C>                  

        A-1             $0.00           $0.00            $0.00       0.00000000             0.00000000                0.00000000
        A-2    $23,872,348.51   $1,133,871.03   $25,006,219.54      99.88430339             4.74423025              104.62853364
        A-3             $0.00   $1,606,500.00    $1,606,500.00       0.00000000             4.95833333                4.95833333
        A-4             $0.00     $912,250.00      $912,250.00       0.00000000             5.12500000                5.12500000

        Total  $23,872,348.51   $3,652,621.03   $27,524,969.54      24.71257610             3.78118119               28.49375729


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      $763,718.06     $160,745.58      $924,463.64       24.68476262             5.19559074               29.88035336
        Total    $763,718.06     $160,745.58      $924,463.64       24.68476262             5.19559074               29.88035336
</TABLE>

Section 5.8 (xiv)       Reserve Account Transfer Amount             $857,779.51

(C) COPYRIGHT 1997, CHASE MANHATTAN BANK