<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report: March 15, 2000
CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION
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(Originator of the Trust referred to herein)
CHASE MANHATTAN AUTO OWNER TRUST 1996-C
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(Issuer)
(Exact name of the registrant as specified in its charter)
United States 333-7575 22-2382028
- ----------------------------- ------------------------ ------------------
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
802 Delaware Avenue, Wilmington, Delaware 19801
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (302) 575-5033
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Item 5. Other Events:
Chase Manhattan Auto Owner Trust 1996-C is the issuer of 4 classes of Asset
Backed Notes and a single class of Asset Backed Certificates. The notes and
certificates are serviced in accordance with the Sale and Servicing Agreement,
dated as of December 1, 1996, as amended. The parties to the Sale and Servicing
Agreement are: Chase Manhattan Bank USA, National Association, as seller and as
servicer, and Chase Manhattan Auto Owner Trust 1996-C, as issuer.
On March 15, 2000, Chase USA, as servicer, distributed monthly interest to
the holders of the cotes and certificates. Chase USA furnished a copy of the
monthly statement to certificateholders for the series as required by the Sale
and Servicing Agreement. A copy of the monthly statement to certificateholders
is being filed as Exhibit 20.1 to this Current Report on Form 8-K.
Item 7(c). Exhibits
Exhibits Description
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20.1 Monthly statement to certificateholder with
respect to the March 15, 2000 distribution.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
Dated: March 22, 2000
By: THE CHASE MANHATTAN BANK, USA, NATIONAL
ASSOCIATION
as Servicer
By: /s/ Patricia Garvey
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Name: Patricia Garvey
Title: Vice President
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INDEX TO EXHIBITS
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Exhibit No. Description
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20.1 Statement to Certificateholders dated
3/15/2000 delivered pursuant to Section
5.8 of the Sale and Servicing Agreement
dated as of December 1, 1996.
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Chase Manhattan Auto Owner Trust 1996-C
Statement to Certificateholders
March 15 2000
<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 225,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A2 239,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A3 324,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A4 178,000,000.00 154,197,586.41 11,322,850.17 790,262.63 12,113,112.80 0.00 0.00 142,874,736.24
B1 30,938,845.63 12,166,013.02 362,237.72 63,364.65 425,602.37 0.00 0.00 11,803,775.30
TOTALS 996,938,845.63 166,363,599.43 11,685,087.890 853,627.28 12,538,715.17 0.00 0.00 154,678,511.54
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL PASS THRU
CLASS FACTOR PRINCIPAL INTEREST TOTAL FACTOR CLASS RATE
<S> <C> <C> <C> <C> <C> <C> <C>
A1 .00000000 .00000000 .00000000 .00000000 .00000000 A1 5.489000%
A2 .00000000 .00000000 .00000000 .00000000 .00000000 A2 5.750000%
A3 .00000000 .00000000 .00000000 .00000000 .00000000 A3 5.950000%
A4 866.27857534 63.61151781 4.43967770 68.05119551 802.66705753 A4 6.150000%
B1 393.22776181 11.70818473 2.04806122 13.75624595 381.51957708 B1 6.250000%
TOTALS 166.87442781 11.72096758 .85624839 12.57721597 155.15346023
</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]
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Page 2
Chase Manhattan Auto Owner Trust 1996-C
March 15 2000
STATEMENT TO CERTIFICATEHOLDERS
<TABLE>
<S> <C> <C> <C>
Due Period 39
Due Period Beginning Date 02/01/00
Due Period End Date 02/29/00
Determination Date 03/10/00
Section 5.8(iii) Servicing Fee 138,636.33
Section 5.8(iii) Servicing Fee per $1000 0.13906202
Section 5.8(iv) Administration Fee 1,000.00
Section 5.8(iv) Administration Fee per $1000 0.00100307
Section 5.8(vi) Pool Balance at the end of the Collection Period 154,678,511.54
Section 5.8(vii) Repurchase Amounts for Repurchased Receivable
By Seller 0.00
By Servicer 126,434.02
TOTAL 126,434.02
Section 5.8(viii) Realized Net Losses for Collection Period 34,298.02
Section 5.8(ix) Reserve Account Balance after Disbursement 7,477,041.34
Section 5.8(x) Specified Reserve Account Balance 7,477,041.34
Section 5.8(xi) Total Distribution Amount 12,940,129.51
Servicing Fee 138,636.33
Administration Fee 1,000.00
Noteholders Distribution Amount 12,113,112.80
</TABLE>
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Page 3
Chase Manhattan Auto Owner Trust 1996-C
March 15 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Certficateholders Distribution Amount 425,602.37
Deposit to Reserve Account 261,778.01
</TABLE>
