CHASE MANHATTAN AUTO OWNER TRUST                                                
SERIES 1998-A                                                   
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
PERIOD  3                                                PAGE                # 1
DETERMINATION:  8-May-98                                 Beginning        4/1/98
DISTRIBUTION:   15-May-98                                Ending          4/30/98
TIME:   5/13/98 15:04                                           
                        CLASS A-1 5.549% MONEY MARKET ASSET BACKED NOTES        
                        CLASS A-2 5.679% ASSET BACKED NOTES                     
                        CLASS A-3 5.700% ASSET BACKED NOTES                     
                        CLASS A-4 5.800% ASSET BACKED NOTES                     
                        CLASS B-1 6.000% 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    $238,000,000.00    $163,487,374.80   $29,701,081.33     $755,992.87    $30,457,074.20      $133,786,293.47         
                                                        
A-2 Notes    $204,000,000.00    $204,000,000.00            $0.00     $965,430.00       $965,430.00      $204,000,000.00         
                                                        
A-3 Notes    $294,000,000.00    $294,000,000.00            $0.00   $1,396,500.00     $1,396,500.00      $294,000,000.00         
                                                        
A-4 Notes    $246,000,000.00    $246,000,000.00            $0.00   $1,189,000.00     $1,189,000.00      $246,000,000.00         
                                                        
NOTE TOTALS  $982,000,000.00    $907,487,374.80   $29,701,081.33   $4,306,922.87    $34,008,004.20      $877,786,293.47         
                                                        
B-1           $30,620,164.79     $30,620,164.79            $0.00     $153,100.82       $153,100.82       $30,620,164.79         
CERT TOTALS   $30,620,164.79     $30,620,164.79            $0.00     $153,100.82       $153,100.82       $30,620,164.79         
TOTALS     $1,012,620,164.79    $938,107,539.59   $29,701,081.33   $4,460,023.69    $34,161,105.02      $908,406,458.26         
                                                        
                                                        
                                                        
                                                        
                                                        
             FACTOR   INFORMATION   PER   $1,000                                                
                                                        
<CAPTION>                                                        
        PRINCIPAL       INTEREST        END PRINCIPAL                           
CLASS   DISTRIBUTION    DISTRIBUTION    BALANCE                         
<S>     <C>             <C>            <C>                                   
 A-1    124.79445937    3.17644063        562.12728349                          
                                                        
 A-2      0.00000000    4.73250000      1,000.00000000                          
                                                        
 A-3      0.00000000    4.75000000      1,000.00000000                          
                                                        
 A-4      0.00000000    4.83333333      1,000.00000000                          
                                                        
Total    30.24550034    4.38586850        893.87606260                          
                                                        
B-1       0.00000000    4.99999987      1,000.00000000                          
Total     0.00000000    4.99999987      1,000.00000000                          
TOTALS   29.33092028    4.40443894        897.08509651                          
                              
</TABLE>
                                                        
(C) COPYRIGHT 1998, CHASE MANHATTAN BANK                                        

<PAGE>



CHASE MANHATTAN AUTO OWNER TRUST                                                
SERIES 1998-A                                                   
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
PERIOD  3                                                PAGE                # 2
DETERMINATION:  8-May-98                                 Beginning        4/1/98
DISTRIBUTION:   15-May-98                                Ending          4/30/98
TIME:   5/13/98 15:04                                           
                                                        
                                                        
                                                        
                                                                       per $1000
Section 5.8 (iii)       Servicing Fee                 $781,756.28     0.77201334
                                                        
                                                        
Section 5.8 (iv)        Administration Fee              $1,000.00     0.00098754
                                                        
<TABLE>
                                                        
<S>                    <C>                                                                  <C>                              
Section 5.8 (vi)        Pool Balance at the end of the Collection Period                       $908,406,458.26                  
                                                        
                                                        
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                                   $32,516.39                  
                                                        
                                                        
Section 5.8 (ix)        Reserve Account Balance after Disbursement                              $21,539,286.26                  
                                                        
                                                        
Section 5.8 (x)         Specified Reserve Account Balance                                       $27,252,193.75                  
                                                        
                                                        
Section 5.8 (xi)        Total Distribution Amount                                               $36,756,585.58                  
                                                        
                        Servicing Fee                                                              $781,756.28                  
                        Administrative Fee                                                           $1,000.00                  
                        Noteholders' Distribution Amount                                        $34,008,004.20                  
                        Certificateholders' Distribution Amount                                    $153,100.82                  
                        Deposit to Reserve Account                                               $1,812,724.28                  
                                                        
                                                        
                                                        
                                                        
                                                        
                                                        
                                                        
                                                        
                                                        
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     $29,701,081.33    $755,992.87   $30,457,074.20         124.79445937             3.17644063              127.97090000
        A-2              $0.00    $965,430.00      $965,430.00           0.00000000             4.73250000                4.73250000
        A-3              $0.00  $1,396,500.00    $1,396,500.00           0.00000000             4.75000000                4.75000000
        A-4              $0.00  $1,189,000.00    $1,189,000.00           0.00000000             4.83333333                4.83333333
        Total   $29,701,081.33  $4,306,922.87   $34,008,004.20          30.24550034             4.38586850               34.63136884
                                                        
                                                        
                                                        
                                                        
                                                        
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    $153,100.82      $153,100.82            0.00000000             4.99999987                4.99999987
        Total           $0.00    $153,100.82      $153,100.82            0.00000000             4.99999987                4.99999987
                                                        
                                                        
                                                        
                                                        
Section 5.8 (xiv)       Reserve Fund Transfer Amount            $1,812,724.28                           
                                                        
</TABLE>
                                                        
(C) COPYRIGHT 1998, CHASE MANHATTAN BANK