<PAGE>
Page 1
Chase Manhattan Auto Owner Trust 1998-C
Statement to Certificateholders
August 15 2000
<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 258,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A2 195,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A3 325,000,000.00 115,735,656.12 19,733,674.86 559,389.00 20,293,063.86 0.00 0.00 96,001,981.26
A4 283,900,000.00 283,900,000.00 0.00 1,384,012.50 1,384,012.50 0.00 0.00 283,900,000.00
B1 32,889,211.45 20,386,190.52 610,319.84 101,930.95 712,250.79 0.00 0.00 19,775,870.68
TOTALS 1,094,789,211.45 420,021,846.64 20,343,994.700 2,045,332.45 22,389,327.15 0.00 0.00 399,677,851.94
</TABLE>
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C>
A1 .00000000 .00000000 .00000000 .00000000 .00000000 A1 5.588000 %
A2 .00000000 .00000000 .00000000 .00000000 .00000000 A2 5.747000 %
A3 356.10971114 60.71899957 1.72119692 62.44019649 295.39071157 A3 5.800000 %
A4 1,000.00000000 .00000000 4.87500000 4.87500000 1,000.00000000 A4 5.850000 %
B1 619.84430825 18.55684016 3.09922146 21.65606163 601.28746808 B1 6.000000 %
TOTALS 383.65544915 18.58256776 1.86824315 20.45081091 365.07288139
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Kimberly Costa
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-3247
Email: [email protected]
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
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Page 2
Chase Manhattan Auto Owner Trust 1998-C
August 15 2000
STATEMENT TO CERTIFICATEHOLDERS
<TABLE>
<S> <C>
Due Period 26
Due Period Beginning Date 07/01/00
Due Period End Date 07/31/00
Determination Date 08/10/00
Section 5.8(iii) Servicing Fee 350,018.21
Section 5.8(iii) Servicing Fee per $1000 0.31971288
Section 5.8(iv) Administration Fee 1,000.00
Section 5.8(iv) Administration Fee per $1000 0.00091342
Section 5.8(vi) Pool Balance at the end of the Collection Period 399,677,851.94
Section 5.8(vii) Repurchase Amounts for Repurchased Receivable
By Seller 0.00
By Servicer 37,812.23
TOTAL 37,812.23
Section 5.8(viii) Realized Net Losses for Collection Period 242,787.38
Section 5.8(ix) Reserve Account Balance after Disbursement 11,990,335.56
Section 5.8(x) Specified Reserve Account Balance 11,990,335.56
Section 5.8(xi) Total Distribution Amount 23,296,257.10
Servicing Fee 350,018.21
Administration Fee 1,000.00
Noteholders Distribution Amount 21,677,076.36
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3
Chase Manhattan Auto Owner Trust 1998-C
August 15 2000
<TABLE>
<S> <C>
Certficateholders Distribution Amount 712,250.79
Deposit to Reserve Account 555,911.74
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION