CHASE MANHATTAN AUTO OWNER TRUST                                                
SERIES 1997-B                                                   
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
PERIOD  11                                               PAGE                # 1
DETERMINATION:  8-May-98                                 Beginning        4/1/98
DISTRIBUTION:   15-May-98                                Ending          4/30/98
TIME:   5/13/98 13:51                                           
                        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>
<CAPTION>
                                                        
                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              $0.00               $0.00          $0.00   $0.00                     $0.00         
                                                        
A-2 Notes       $294,000,000.00    $230,657,339.46      $25,219,962.12  $1,172,508.14   $26,392,470.26  $205,437,377.34         
                                                        
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    $660,657,339.46      $25,219,962.12  $3,479,133.14   $28,699,095.26  $635,437,377.34         
                                                        
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    $689,805,615.25      $25,219,962.12  $3,643,092.19   $28,863,054.31  $664,585,653.13         
                                                        
                                                        
                                                        
                                                        
                                                        
             FACTOR   INFORMATION   PER   $1,000                                                
                                                        
<CAPTION>
                                                        
        PRINCIPAL       INTEREST        END PRINCIPAL                           
CLASS   DISTRIBUTION    DISTRIBUTION    BALANCE                         
<S>     <C>            <C>             <C>                                 
A-1      0.00000000     0.00000000          0.00000000                          
                                                        
A-2     85.78218408     3.98812293        698.76658959                          
                                                        
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                          
Totals  27.29433130     3.76529561        687.70278933                          
                                                        
B-1      0.00000000     5.62499995      1,000.00000000                          
Totals   0.00000000     5.62499995      1,000.00000000                          
TOTALS  26.45964197     3.82216732        697.25316618                          
                                                        
                                                        
(C) COPYRIGHT 1998, CHASE MANHATTAN BANK                                                        
</TABLE>
<PAGE>


CHASE MANHATTAN AUTO OWNER TRUST                                                
SERIES 1997-B                                                   
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
        PERIOD  11                                       PAGE                # 2
DETERMINATION:  8-May-98                                 Beginning        4/1/98
DISTRIBUTION:   15-May-98                                Ending          4/30/98
TIME:   5/13/98 13:51                                           
                                                        
                                                        
<TABLE>
                                                        
                                                                       per $1000               

Section 5.8 (iii)       Servicing Fee                 $574,838.01     0.60309400              
                                                        
                                                        
Section 5.8 (iv)        Administration Fee            $1,000.00       0.00104915              
                                                        
                                                        
<S>                    <C>                                                             <C>                                     
Section 5.8 (vi)        Pool Balance at the end of the Collection Period                $664,585,653.13                         
                                                        
                                                        
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 Net Losses for Collection Period                           $476,982.35                         
                                                        
                                                        
Section 5.8 (ix)        Reserve Account Balance after Disbursement                       $19,937,569.59                         
                                                        
                                                        
Section 5.8 (x)         Specified Reserve Account Balance                                $19,937,569.59                         
                                                        
                                                        
Section 5.8 (xi)        Total Distribution Amount                                        $30,181,023.30                         
                                                        
                        Servicing Fee                                                       $574,838.01                         
                        Administrative Fee                                                    $1,000.00                         
                        Noteholders' Distribution Amount                                 $28,699,095.26                         
                        Certificateholders' Distribution Amount                             $163,959.05                         
                        Deposit to Reserve Account                                          $742,130.98                         
                                                        
                               
                                                        
Section 5.8 (xii)       Noteholders' Distributable Amount                                               
                                                        
<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     $25,219,962.12  $1,172,508.14   $26,392,470.26          85.78218408             3.98812293             89.77030701 
        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   $25,219,962.12  $3,479,133.14   $28,699,095.26          27.29433130             3.76529561             31.05962690 
                                                        
                                                        
                                                        
                                                        
Section 5.8 (xiii)      Certificateholders' Distributable Amount                                                
                                                        
<CAPTION>                                                 
        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 
                                                        
                                                        
                                                        
                                                        
Section 5.8 (xiv)       Reserve Fund Transfer Amount            $742,130.98                             
                        
                                                        
(C) COPYRIGHT 1998, CHASE MANHATTAN BANK                                                        
</TABLE>