<PAGE>
Chase Manhattan Auto Owner Trust 1998-C Page 1
Statement to Certificateholders
December 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 39,743,507.46 17,414,153.81 192,093.62 17,606,247.43 0.00 0.00 22,329,353.65
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 18,035,917.88 538,582.08 90,179.59 628,761.67 0.00 0.00 17,497,335.80
TOTALS 1,094,789,211.45 341,679,425.34 17,952,735.89 1,666,285.71 19,619,021.60 0.00 0.00 323,726,689.45
</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 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A1 5.588000%
A2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A2 5.747000%
A3 122.28771526 53.58201172 0.59105729 54.17306902 68.70570354 A3 5.800000%
A4 1,000.00000000 0.00000000 4.87500000 4.87500000 1,000.00000000 A4 5.850000%
B1 548.38401667 16.37564588 2.74192010 19.11756598 532.00837079 B1 6.000000%
TOTALS 312.09608367 16.39834929 1.52201510 17.92036439 295.69773438
</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
<PAGE>
Chase Manhattan Auto Owner Trust 1998-C Page 2
December 15 2000
STATEMENT TO CERTIFICATEHOLDERS
<TABLE>
<CAPTION>
Due Period 30
Due Period Beginning Date 11/01/00
Due Period End Date 11/30/00
Determination Date 12/08/00
<S> <C> <C>
Section 5.8(iii) Servicing Fee 284,732.85
Section 5.8(iii) Servicing Fee per $1000 0.26008007
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 323,726,689.45
Section 5.8(vii) Repurchase Amounts for Repurchased Receivable
By Seller 0.00
By Servicer 56,788.58
TOTAL 56,788.58
Section 5.8(viii) Realized Net Losses for Collection Period 212,409.86
Section 5.8(ix) Reserve Account Balance after Disbursement 9,711,800.68
Section 5.8(x) Specified Reserve Account Balance 9,711,800.68
Section 5.8(xi) Total Distribution Amount 20,240,168.67
Servicing Fee 284,732.85
Administration Fee 1,000.00
Noteholders Distribution Amount 18,990,259.93
Certficateholders Distribution Amount 628,761.67
Deposit to Reserve Account 335,414.22
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION