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                                                 CHASE MANHATTAN AUTO OWNER TRUST
                                                          SERIES 1998-C
                                                 STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
 PERIOD 8                                                                                                           PAGE # 1
 DETERMINATION: 10-Feb-99                                                                                           Beginning 1/1/99
 DISTRIBUTION: 16-Feb-99                                                                                            Ending 1/31/99
 TIME: 3/10/99 17:30
                                                                CLASS A-1 5.588% ASSET BACKED NOTES
                                                                CLASS A-2 5.747% ASSET BACKED NOTES
                                                                CLASS A-3 5.800% ASSET BACKED NOTES
                                                                CLASS A-4 5.850% ASSET BACKED NOTES
                                                                CLASS B-1 6.000% ASSET BACKED CERTIFICATES



                 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         $258,000,000.00      $33,793,344.83     $27,473,275.36       $167,855.30     $27,641,130.66          $6,320,069.47
A-2 Notes         $195,000,000.00     $195,000,000.00              $0.00       $933,887.50        $933,887.50        $195,000,000.00
A-3 Notes         $325,000,000.00     $325,000,000.00              $0.00     $1,570,833.33      $1,570,833.33        $325,000,000.00
A-4 Notes         $283,900,000.00     $283,900,000.00              $0.00     $1,384,012.50      $1,384,012.50        $283,900,000.00
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NOTE TOTALS     $1,061,900,000.00     $837,693,344.83     $27,473,275.36     $4,056,588.63     $31,529,863.99        $810,220,069.47
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   B-1             $32,889,211.45      $32,889,211.45              $0.00       $164,446.06        $164,446.06         $32,889,211.45
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CERTIFICATE
  TOTALS           $32,889,211.45      $32,889,211.45              $0.00       $164,446.06        $164,446.06         $32,889,211.45
------------------------------------------------------------------------------------------------------------------------------------
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   TOTALS       $1,094,789,211.45     $870,582,556.28     $27,473,275.36     $4,221,034.69     $31,694,310.05        $843,109,280.92
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                                       FACTOR   INFORMATION   PER   $1,000


                       PRINCIPAL           INTEREST            END PRINCIPAL
      CLASS          DISTRIBUTION        DISTRIBUTION             BALANCE
--------------------------------------------------------------------------------
<S>          <C>                   <C>                 <C>       
        A-1          106.48556341        0.65060194            24.49639329
                                                            --------------------
        A-2            0.00000000        4.78916667         1,000.00000000
                                                             -------------------
        A-3            0.00000000        4.83333332         1,000.00000000
                                                               -----------------
        A-4            0.00000000        4.87500000         1,000.00000000
                                                               -----------------
                                                               -----------------
   Notes Totals       25.87181030        3.82012302           762.99093085
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
       B-1             0.00000000        5.00000008         1,000.00000000
-------------------                                            -----------------
--------------------------------------------------------------------------------
Certificate Totals     0.00000000        5.00000008         1,000.00000000
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
      TOTALS          25.09457992        3.85556840           770.11106074
--------------------------------------------------------------------------------






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                                   CHASE MANHATTAN AUTO OWNER TRUST
                                            SERIES 1998-C
                                   STATEMENT TO CERTIFICATEHOLDERS
====================================================================================================================================
------------------------------------------------------------------------------------------------------------------------------------
 PERIOD 8                                                                                                          PAGE     # 2
 DETERMINATION: 10-Feb-99                                                                                          Beginning 1/1/99
 DISTRIBUTION: 16-Feb-99                                                                                           Ending 1/31/99
 TIME: 3/10/99 17:30



                                                                                                                          per $1000
Section 5.8 (iii)               Servicing Fee                                                            $725,485.46     0.66267136


Section 5.8 (iv)                Administration Fee                                                         $1,000.00     0.00091342


Section 5.8 (vi)                Pool Balance at the end of the Collection Period                     $843,109,280.92


Section 5.8 (vii)               Repurchase Amounts for Repurchased Receivable
                                                            By Seller                                          $0.00
                                                            By Servicer                                   $19,963.40
                                                            TOTAL                                         $19,963.40

Section 5.8 (viii)              Realized Net Losses for Collection Period                                $336,780.59


Section 5.8 (ix)                Reserve Account Balance after Disbursement                            $25,293,278.43


Section 5.8 (x)                 Specified Reserve Account Balance                                     $25,293,278.43


Section 5.8 (xi)                Total Distribution Amount                                             $33,799,491.54

                                                            Servicing Fee                                $725,485.46
                                                            Administrative Fee                             $1,000.00
                                                            Noteholders' Distribution Amount          $31,529,863.99
                                                            Certificateholders' Distribution Amount     $ 164,446.06
                                                            Deposit to Reserve Account                 $1,378,696.03









Section 5.8 (xii)               Noteholders' 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>               
   A-1       $27,473,275.36         $167,855.30   $27,641,130.66    106.48556341              0.65060194         107.13616535
   A-2                $0.00         $933,887.50      $933,887.50      0.00000000              4.78916667           4.78916667
   A-3                $0.00       $1,570,833.33    $1,570,833.33      0.00000000              4.83333332           4.83333332
   A-4                $0.00       $1,384,012.50    $1,384,012.50      0.00000000              4.87500000           4.87500000
------------------------------------------------------------------------------------------------------------------------------------
  Total      $27,473,275.36       $4,056,588.63   $31,529,863.99     25.87181030              3.82012302          29.69193332
------------------------------------------------------------------------------------------------------------------------------------





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        $164,446.06         $164,446.06         0.00000000           5.00000008           5.00000008
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
 Total         $0.00        $164,446.06         $164,446.06         0.00000000           5.00000008           5.00000008
-----------------------------------------------------------------------------------------------------------------------------




Section 5.8 (xiv)               Reserve Fund Transfer Amount                                          $ 1,378,696.03




(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
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