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Page 1
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<CAPTION>
Chase Manhattan Auto Owner Trust 1998-B
Statement to Certificateholders
December 15 2000
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR
FACE PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL
----- ----------------------- --------- --------- -------- -----
<S> <C> <C> <C> <C> <C>
A1 250,000,000.00 0.00 0.00 0.00 0.00
A2 200,000,000.00 0.00 0.00 0.00 0.00
A3 321,000,000.00 0.00 0.00 0.00 0.00
A4 282,800,000.00 265,760,740.33 16,448,264.53 1,284,510.24 17,732,774.77
B1 32,604,142.65 32,604,142.65 0.00 164,379.22 164,379.22
TOTALS 1,086,404,142.65 298,364,882.98 16,448,264.53 1,448,889.46 17,897,153.99
<CAPTION>
CURRENT
REALIZED DEFERRED PRINCIPAL
CLASS LOSES INTEREST BALANCE
----- -------- -------- ---------
<S> <C> <C> <C>
A1 0.00 0.00 0.00
A2 0.00 0.00 0.00
A3 0.00 0.00 0.00
A4 0.00 0.00 249,312,475.80
B1 0.00 0.00 32,604,142.65
TOTALS 0.00 0.00 281,916,618.45
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<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
PRIOR CURRENT
PRINCIPAL PRINCIPAL
CLASS FACTOR PRINCIPAL INTEREST TOTAL FACTOR
----- --------- --------- -------- ----- ---------
<S> <C> <C> <C> <C> <C>
A1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A4 939.74802097 58.16218009 4.54211542 62.70429551 881.58584088
B1 1,000.00000000 0.00000000 5.04166669 5.04166669 1,000.00000000
-------------- ----------- ---------- ----------- --------------
TOTALS 274.63525889 15.14009739 1.33365605 16.47375345 259.49516150
<CAPTION>
PASS-THROUGH RATES
CURRENT
PASS THRU
CLASS CLASS RATE
----- ----- ---------
<S> <C> <C>
A1 A1 5.578000 %
A2 A2 5.729000 %
A3 A3 5.750000 %
A4 A4 5.800000 %
B1 B1 6.050000 %
TOTALS
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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-B
December 15 2000
STATEMENT TO CERTIFICATEHOLDERS
<TABLE>
<S> <C> <C> <C>
Due Period 32
Due Period Beginning Date 11/01/00
Due Period End Date 11/30/00
Determination Date 12/08/00
Section 5.8(iii) Servicing Fee 248,637.40
Section 5.8(iii) Servicing Fee per $1000 0.22886271
Section 5.8(iv) Administration Fee 1,000.00
Section 5.8(iv) Administration Fee per $1000 0.00092047
Section 5.8(vi) Pool Balance at the end of the Collection Period 281,916,618.45
Section 5.8(vii) Repurchase Amounts for Repurchased Receivable
By Seller 0.00
By Servicer 45,422.72
TOTAL 45,422.72
Section 5.8(viii) Realized Net Losses for Collection Period 196,488.04
Section 5.8(ix) Reserve Account Balance after Disbursement 8,457,498.55
Section 5.8(x) Specified Reserve Account Balance 8,457,498.55
Section 5.8(xi) Total Distribution Amount 18,453,069.34
Servicing Fee 248,637.40
Administration Fee 1,000.00
Noteholders Distribution Amount 17,732,774.77
Certficateholders Distribution Amount 164,379.22
Deposit to Reserve Account 306,277.95
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(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION