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<PAGE>
Chase Manhattan Auto Owner Trust 1998-B
Statement to Certificateholders
15-Sep-00
<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS
CLASS ORIGINAL PRIOR PRINCIPAL INTEREST TOTAL REALIZED DEFERRED CURRENT
FACE PRINCIPAL LOSSES INTEREST PRINCIPAL
VALUE BALANCE BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 250,000,000.00 0 0 0 0 0 0 0
A2 200,000,000.00 0 0 0 0 0 0 0
A3 321,000,000.00 37,355,566.65 19,206,174.63 178,995.42 19,385,170.05 0 0 18,149,392.02
A4 282,800,000.00 282,800,000.00 0 1,366,866.67 1,366,866.67 0 0 282,800,000.00
B1 32,604,142.65 32,604,142.65 0 164,379.22 164,379.22 0 0 32,604,142.65
TOTALS 1,086,404,142.65 352,759,709.30 19,206,174.63 1,710,241.31 20,916,415.94 0 0 333,553,534.67
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
CLASS PRIOR PRINCIPAL INTEREST TOTAL CURRENT CLASS CURRENT
PRINCIPAL PRINCIPAL PASS-THRU
FACTOR FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C>
A1 0 0 0 0 0 A1 5.58%
A2 0 0 0 0 0 A2 5.73%
A3 116.3724818 59.83232 0.55761813 60.38994 56.540162 A3 5.75%
A4 1,000.00 0 4.83333335 4.833333 1,000.00 A4 5.80%
B1 1,000.00 0 5.04166669 5.041667 1,000.00 B1 6.05%
TOTALS 324.7039435 17.67866 1.57422201 19.25289 307.02528
</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 2000, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Manhattan Auto Owner Trust 1998-B
15-Sep-00
STATEMENT TO CERTIFICATEHOLDERS
<TABLE>
<S> <C> <C>
Due Period 29
Due Period Beginning Date 8/1/00
Due Period End Date 8/31/00
Determination Date 9/8/00
Section 5.8(iii) Servicing Fee 293,966.42
Section 5.8(iii) Servicing Fee per $1000 0.27058662
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 333,553,534.67
Section 5.8(vii) Repurchase Amounts for Repurchased Receivable
By Seller 0
By Servicer 30,868.96
TOTAL 30,868.96
Section 5.8(viii) Realized Net Losses for Collection Period 209,704.54
Section 5.8(ix) Reserve Account Balance after Disbursement 10,006,606.04
Section 5.8(x) Specified Reserve Account Balance 10,006,606.04
Section 5.8(xi) Total Distribution Amount 21,622,356.23
Servicing Fee 293,966.42
Administration Fee 1,000.00
Noteholders Distribution Amount 20,752,036.72
Certficateholders Distribution Amount 164,379.22
Deposit to Reserve Account 410,973.87
</TABLE>
(C) COPYRIGHT 2000, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Manhattan Auto Owner Trust 1998-B
15-Sep-00
MONTHLY SERVICER REPORT
I. Avaliable Amount in the Collection Accont
<TABLE>
<S> <C>
A.Credits
1. Payments from Obligors Applied to Collection Period
a. Principal Payments 18,911,323.79
b. Other Interest Payments 2,625,653.40
c. Total 21,536,977.19
2. Proceeds from Repurchased Receivables
a. Principal Before Cutoff Date 0
b. Interest Before Cutoff Date 0
c. Principal Payments 30,868.96
d. Recovery of Advance 0
e. Other Interest Payments 0
f. Total 30,868.96
3. Reversal from Defaulted Contracts 0
4. Recovery of Defaulted Receivables 54,510.08
5. Advance Recoveries Before Cutoff Date
a. Principal 543.73
b. Interest 0
c. Total 543.73
6. Net Adjustments 0
7. Reserve Fund Transfer Amount 0
8. Overpayment From Obligors 8,343.90
9. Total Credits 21,631,243.86
B. Debits
1. Overpayments From Obligors 8,343.90
2. Advance Recovery Amount Before Cutoff Data to Seller
a. Principal 543.73
b. Interest. 0
c. Total 543.73
3. Reversal of Defaulted Contracts 0
4. Total Debits 8,887.63
C. Total Available Amount (Lines A-B) 21,622,356.23
</TABLE>
(C) COPYRIGHT 2000, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Manhattan Auto Owner Trust 1998-B
15-Sep-00
MONTHLY SERVICER REPORT
II. Liquidation Proceeds on Defaulted Receivables for the Collection Period
<TABLE>
<S> <C>
A. Principal 263,981.88
B. Interest 22,846.49
C. Total 286,828.37
<CAPTION>
III. Disbursements from Collection Account
<S> <C>
A. Available Distribution Amount
1. Available Distribution Amount 21,622,356.23
2. Reserve Account Transfer Amount 0
3. Total Distribution Amount 21,622,356.23
B. Monthly Servicing Fee 293,966.42
C. Monthly Administration Fee 1,000.00
D. Noteholders Interest Distributable Amount 1,545,862.09
E. Certificateholders Interest Distributable Amount 164,379.22
F. Noteholders Principal Distributable Amount 19,206,174.63
G. Certificateholders Principal Distributable Amount 0
H. Deposit to Reserve Account 410,973.87
<CAPTION>
IV. Monthly Disbursements
<S> <C>
A. Pool Servicing Fee
a. Monthly Servicing Fee 293,966.42
b. Unpaid Monthly Servicing Fee 0
c. Total 293,966.42
B. Administrative Fee
a. Monthly Administration Fee 1,000.00
b. Unpaid Monthly Administration Fee 0
c. Total 1,000.00
C. Noteholders' Interest Distributable Amount
Class A-1 Monthly Interest 0
Class A-1 Carryover Shortfall 0
Class A-1 Total 0
Class A-2 Monthly Interest 0
Class A-2 Carryover Shortfall 0
Class A-2 Total 0
</TABLE>
(C) COPYRIGHT 2000, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Manhattan Auto Owner Trust 1998-B
15-Sep-00
MONTHLY SERVICER REPORT
<TABLE>
<S> <C>
Class A-3 Monthly Interest 178,995.42
Class A-3 Carryover Shortfall 0
Class A-3 Total 178,995.42
Class A-4 Monthly Interest 1,366,866.67
Class A-4 Carryover Shortfall 0
Class A-4 Total 1,366,866.67
Total for Notes Monthly Interest 1,545,862.09
Total for Notes Carryover Shortfall 0
Total for Notes Total 1,545,862.09
D. Certificateholders' Interest Distributable Amount
Class B-1 Monthly Interest 164,379.22
Class B-1 Carryover Shortfall 0
Class B-1 Total 164,379.22
Total for Certificates Monthly Interest 164,379.22
Total for Certificates Carryover Shortfall 0
Total for Certificates Total 164,379.22
E. Noteholders' Principal Distributable Amount
Class A-1 Monthly Principal 0
Class A-1 Carryover Shortfall 0
Class A-1 Total 0
Class A-2 Monthly Principal 0
Class A-2 Carryover Shortfall 0
Class A-2 Total 0
Class A-3 Monthly Principal 19,206,174.63
Class A-3 Carryover Shortfall 0
Class A-3 Total 19,206,174.63
Class A-4 Monthly Principal 0
Class A-4 Carryover Shortfall 0
Class A-4 Total 0
Total for Notes Monthly Principal 19,206,174.63
Total for Notes Carryover Shortfall 0
Total for Notes Total 19,206,174.63
F. Certificateholders' Principal Distributable Amout
Class B-1 Monthly Principal 0
Class B-1 Carryover Shortfall 0
Class B-1 Total 0
Total for Certificates Monthly Principal 0
Total for Certificates Carryover Shortfall 0
Total for Certificates Total 0
G. Total Disbursements 21,211,382.36
<CAPTION>
V. Payment Deficiency Amount
<S> <C>
A. Scheduled Monthly Disbursements 21,211,382.36
B. Available Distribution Amount 21,622,356.23
</TABLE>
(C) COPYRIGHT 2000, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Manhattan Auto Owner Trust 1998-B
15-Sep-00
MONTHLY SERVICER REPORT
<TABLE>
<S> <C>
C. Payment Deficiency Amount 0
<CAPTION>
VI. Reserve Account Transfer Amount
<S> <C>
A. Available Reserve Amount 10,582,791.28
B. Payment Deficiency Amount 0
C. Withdrawal for Write-Off 0
D. Reserve Account Withdrawal (MIN: Lines A and (B+C)) 0
<CAPTION>
VII. Pool Balance Reduction Allocation for Collection Period
<S> <C>
A. Beginning Pool Balance 352,759,709.30
B. Pool Balance Reduction
1. Avalaible Principal
a. Principal Payments 18,911,323.79
b. From Repurchased Receivables 30,868.96
c. Total 18,942,192.75
2. From Defaulted Receivables 263,981.88
3. Total Pool Balance Reduction 19,206,174.63
C. Ending Pool Balance 333,553,534.67
D. Allocations
1.Percentage Allocation
a. Notes 100.00%
b. Certificates 0.00%
2. Monthly Principal Allocation
a. Notes 19,206,174.63
b. Certificates 0
</TABLE>
VIII. Delinquency and Defaults
<TABLE>
<CAPTION>
Group 1
Period Number Delinquency Amount Principal Balance
<S> <C> <C> <C>
30-59 days 1032 741,574.48 8,954,188.90
60-89 days 186 184,580.19 1,432,478.69
90-119 days 71 99,180.06 516,420.05
120+149 days 32 45,553.37 179,935.00
150+179 days 18 27,486.39 88,901.73
180+209 days 14 28,164.90 80,760.01
210+239 days 4 8,514.01 25,234.39
240+Days Delinquent 0 0 0
Total 1357 1,135,053.40 11,277,918.77
</TABLE>
<TABLE>
<S> <C>
B. Principal amount of loans in defaulted receivables 263,981.88
</TABLE>
(C) COPYRIGHT 2000, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Manhattan Auto Owner Trust 1998-B
15-Sep-00
MONTHLY SERVICER REPORT
<TABLE>
<S> <C>
C. Delinquency Percentage
1. Outstanding principal balance for deliquency greater than
or equal to 60 days 2,323,729.87
2. Pool Principal Ending Balance 333,553,534.67
3. Delinquency Percentage 0.70%
IX. Pool Delinquency Percentages
A. Delinquency Percentage for 2nd previous period 0.62%
B. Delinquency Percentage for previous period 0.68%
C. Delinquency Percentage for current period 0.70%
D. Average Deliquency Percentage 0.66%
X. Portfolio Loss Ratios
A. Net Loss Ratio for 2nd previous period 0.59%
B. Net Loss Ratio for previous period 0.65%
1. Principal Balance of Defaulted Receivables 263,981.88
2. Principal Recoveries on Defaulted Receivables 54,277.34
3. Average Pool Balance for Collection Period 343,156,621.99
4. Net Loss Ratio for Current Period(12*(1-2)/3) 0.73%
D. Average Net Loss Ratio ((A+B+C) / 3) 0.65%
XI. Specified Reserve Account Balance
A. Calculation for Reserve Account Floor Amount
1. Guaranteed Floor Amount 8,148,031.07
2. Possible Floor Amount
a. Principal Balance at the Beginning of Next Collection Period 333,553,534.67
b. Cumulative Monthly Interest through Final Distribution Data
</TABLE>
Class A-1 Balance 0
Class A-1 Interest Rate 5.578
Class A-1 Service Rate 0.01
Class A-1 Term 0
Class A-1 Interest 0
Class A-1 Service Fee 0
Class A-1 Total 0
Class A-2 Balance 0
Class A-2 Interest Rate 5.729
Class A-2 Service Rate 0.01
Class A-2 Term 0
Class A-2 Interest 0
Class A-2 Service Fee 0
Class A-2 Total 0
(C) COPYRIGHT 2000, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Manhattan Auto Owner Trust 1998-B
15-Sep-00
MONTHLY SERVICER REPORT
Class A-3 Balance 18,149,392.02
Class A-3 Interest Rate 5.75
Class A-3 Service Rate 0.01
Class A-3 Term 13
Class A-3 Interest 1,130,555.88
Class A-3 Service Fee 196,618.41
Class A-3 Total 1,327,174.29
Class A-4 Balance 282,800,000.00
Class A-4 Interest Rate 5.8
Class A-4 Service Rate 0.01
Class A-4 Term 29
Class A-4 Interest 39,639,133.33
Class A-4 Service Fee 6,834,333.33
Class A-4 Total 46,473,466.66
Class B-1 Balance 32,604,142.65
Class B-1 Interest Rate 6.05
Class B-1 Service Rate 0.01
Class B-1 Term 49
Class B-1 Interest 8,054,581.74
Class B-1 Service Fee 1,331,335.82
Class B-1 Total 9,385,917.56
<TABLE>
<S> <C>
c. Possible Floor Amount equals Pool Balance +
Interest + Service Fee
(Lines a+b) 390,740,093.18
3. Reserve Account Floor (Minimum Lines 1 and 2) 8,148,031.07
B. Possible Reserve Account Amount
1. Reserve Account Trigger Percentages
a. Average Delinquency Percentage 0.66%
b. Average Delinquency Percentage Trigger 1.75%
c. Average Loss Ratio 0.65%
d. Average Loss Ratio Trigger 1.75%
e. Maximum Reserve Account Percentage Specified 6.00%
f. Minimum Reserve Account Percentage specified 3.00%
g. Reserve Account Percentage Applied 3.00%
2. Pool Principal Balance 333,553,534.67
3. Possible Reserve Account Amount 10,006,606.04
C. Specified Reserve Account Balance (Max: Lines A and B) 10,006,606.04
</TABLE>
(C) COPYRIGHT 2000, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Manhattan Auto Owner Trust 1998-B
15-Sep-00
MONTHLY SERVICER REPORT
XII. Reserve Account
<TABLE>
<S> <C>
A. Reserve Account Balance After Disbursement from Previous Period
1. Reserve Account Balance After Disbursement from Previous Period 10,582,791.28
2. Reserve Account Transfer Amount 0
3. Investment Earnings 59,595.81
4. Deposit to Reserve Account After Disbursement 410,973.87
5. Amount After Deposit 11,053,360.96
B. Specified Reserve Account Balance 10,006,606.04
C. Available Reserve Account Amount (Min: Lines A and B) 10,006,606.04
1. Excess in Reserve Acct: Max(LinesA.5 - B and 0) 1,046,754.92
D. Excess Amount to Seller 1,046,754.92
F. Ending Reserve Account Balance 10,006,606.04
XIII. Weighted Average Coupon as of Current Period 9.04511771
XIV. Weighted Average Maturity as of Current Period 28.32263041
</TABLE>
(C) COPYRIGHT 2000, CHASE MANHATTAN CORPORATION
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