0001144204-15-028808.txt : 20150508 0001144204-15-028808.hdr.sgml : 20150508 20150508162036 ACCESSION NUMBER: 0001144204-15-028808 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150508 0000890975 0000864270 ITEM INFORMATION: ABS Informational and Computational Material ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20150508 DATE AS OF CHANGE: 20150508 Auto loans FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN HONDA RECEIVABLES LLC CENTRAL INDEX KEY: 0000890975 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 800695898 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 033-51204 FILM NUMBER: 15847032 BUSINESS ADDRESS: STREET 1: 20800 MADRONA AVE STREET 2: C/O AMERICAN HONDA RECEIVABLES LLC CITY: TORRANCE STATE: CA ZIP: 90503 BUSINESS PHONE: 3109722511 MAIL ADDRESS: STREET 1: 20800 MADRONA AVE STREET 2: C/O AMERICAN HONDA RECEIVABLES LLC CITY: TORRANCE STATE: CA ZIP: 90503 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN HONDA RECEIVABLES CORP DATE OF NAME CHANGE: 19940324 8-K 1 v409117_8k.htm CURRENT REPORT

 

UNITED STATES
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 (Date of earliest event Reported): May 8, 2015

Honda Auto Receivables 2015-2 Owner Trust

(Exact name of issuing entity as specified in its charter)

 

American Honda Receivables LLC

(Exact name of registrant and depositor as specified in its charter)

 

American Honda Finance Corporation

(Exact name of sponsor as specified in its charter)


Delaware


333-183223


80-0695898

(State or Other Jurisdiction
 of Incorporation)

(Commission
File Number)

 

(I.R.S. Employer
Identification No.)

 

American Honda Receivables LLC
20800 Madrona Avenue

Torrance, CA 90503

(Address of Principal Executive Offices)

(Zip Code)

 

Registrant’s telephone number, including area code (310) 781-4100

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 
 

Item 6.01. ABS Informational and Computational Material.

 

Information concerning the static pool data of previous similar loan securitizations of American Honda Finance Corporation, as sponsor, for the issuance period commencing January 1, 2010 to the date hereof is attached hereto as Exhibit 99.1 pursuant to Item 1105 of Regulation AB. We caution you that the pool of receivables in your trust may not perform in a similar manner to the receivables in other trusts.

 

Item 9.01. Financial Statements and Exhibits.

 

99.1 Static Pool Information.

 

 
 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the issuing entity has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

  American Honda Receivables LLC
   
   
  By: /s/ Paul C. Honda
    Name: Paul C. Honda
    Title: Treasurer

 

 

Dated: May 8, 2015

 

 
 

EXHIBIT INDEX

 

 

 

Exhibit No. Description  
     
99.1   Static Pool Information  

 

 

 

 

 

 

 

 EX-99.1 2 v409117_ex99-1.htm STATIC POOL INFORMATION

 

Exhibit 99.1

 

Static Pool Information

 

 

Footnotes:

 

(1) Weighted averages are weighted by initial pool balance as of the cutoff date
   
(2) Percentage of initial pool balance
   
(3) Based on the address of the originating dealers
   
(4) Prepayments are measured in terms of Absolute Prepayment Speed (ABS)
   
(5) Delinquency percentage is based off ending principal balances of the delinquent accounts at the end of the month

 

 
 

 

Honda Auto Receivables 2010-1 Owner Trust

 

Summary of Intial Pool Composition                
Closing Date           2/24/2010   Credit Grade (2)
Cutoff Date           2/1/2010     A   77.51%
Aggregate Principal Balance     $1,413,519,731     B   14.14%
Number of Receivables       92,675     C   6.18%
Average Principal Balance       $15,252     D   2.17%
Average Original Amt Financed     $21,154   Original Term (2)
Weighted Avg APR (1)       4.92%     1-24   0.17%
  Minimum           0.70%     25-36   12.92%
  Maximum           24.70%     37-48   4.50%
Weighted Average Original Term to Maturity (1)   57.31 months     49-60   72.74%
Weighted Average Remaining Term to Maturity (1) 44.35 months     61-72   9.67%
Non-Zero Weighted Average FICO score (1)   747   Top 5 State (2)(3)
Percentage New Vehicle (2)       89.47%     CA   15.18%
Percentage Used Vehicle (2)       10.53%     TX   9.56%
Percentage Honda (2)       88.00%     FL   6.26%
Percentage Acura (2)       12.00%     NJ   5.72%
                      NY   5.31%

 

      Pool       Cumulative   Delinquencies (5)
Month   Factor   Prepayments (4)   Net Loss   31-60   61-90   91+
1 Feb-10   96.72%   1.07%   0.00%   0.35%   0.00%   0.00%
2 Mar-10   92.96%   1.49%   0.00%   0.90%   0.02%   0.00%
3 Apr-10   89.44%   1.37%   0.01%   1.21%   0.09%   0.00%
4 May-10   86.12%   1.27%   0.01%   1.65%   0.14%   0.02%
5 Jun-10   82.67%   1.42%   0.03%   1.83%   0.21%   0.03%
6 Jul-10   79.26%   1.44%   0.05%   2.03%   0.26%   0.04%
7 Aug-10   75.84%   1.51%   0.07%   2.13%   0.48%   0.07%
8 Sep-10   72.53%   1.48%   0.11%   2.59%   0.39%   0.09%
9 Oct-10   69.29%   1.48%   0.13%   2.79%   0.44%   0.11%
10 Nov-10   66.17%   1.45%   0.15%   2.95%   0.56%   0.10%
11 Dec-10   63.12%   1.46%   0.18%   3.02%   0.59%   0.12%
12 Jan-11   60.20%   1.42%   0.20%   2.97%   0.83%   0.14%
13 Feb-11   57.33%   1.43%   0.21%   3.36%   0.75%   0.14%
14 Mar-11   54.16%   1.77%   0.22%   3.09%   0.71%   0.15%
15 Apr-11   51.22%   1.65%   0.24%   3.20%   0.78%   0.16%
16 May-11   48.51%   1.51%   0.25%   3.39%   0.82%   0.23%
17 Jun-11   45.79%   1.60%   0.28%   3.46%   1.01%   0.18%
18 Jul-11   43.31%   1.45%   0.29%   3.72%   0.98%   0.27%
19 Aug-11   40.85%   1.51%   0.30%   3.59%   1.27%   0.29%
20 Sep-11   38.52%   1.45%   0.32%   3.96%   1.09%   0.32%
21 Oct-11   36.34%   1.36%   0.34%   3.85%   1.20%   0.32%
22 Nov-11   34.27%   1.31%   0.34%   4.16%   1.30%   0.30%
23 Dec-11   32.25%   1.32%   0.35%   4.14%   1.42%   0.41%
24 Jan-12   30.26%   1.36%   0.36%   4.00%   1.61%   0.40%
25 Feb-12   28.32%   1.39%   0.36%   4.36%   1.44%   0.32%
26 Mar-12   26.35%   1.52%   0.36%   4.11%   1.36%   0.30%
27 Apr-12   24.56%   1.38%   0.36%   4.30%   1.48%   0.37%
28 May-12   22.78%   1.46%   0.36%   4.32%   1.45%   0.46%
29 Jun-12   21.12%   1.39%   0.36%   4.46%   1.55%   0.52%
30 Jul-12   19.58%   1.31%   0.36%   4.37%   1.61%   0.58%
31 Aug-12   17.99%   1.48%   0.37%   4.28%   1.93%   0.59%
32 Sep-12   16.64%   1.20%   0.38%   4.99%   1.77%   0.77%
33 Oct-12   15.26%   1.36%   0.39%   4.80%   1.95%   0.67%
34 Nov-12   13.97%   1.31%   0.38%   4.91%   2.00%   0.71%
35 Dec-12   12.74%   1.31%   0.39%   5.06%   2.11%   0.98%
36 Jan-13   11.51%   1.44%   0.39%   4.71%   2.41%   0.97%
37 Feb-13   10.36%   1.42%   0.38%   5.37%   2.43%   0.78%
38 Mar-13   9.19%   1.63%   0.38%   5.29%   2.56%   0.72%
39 Apr-13   0.00%       0.37%            

 

 
 

 

Honda Auto Receivables 2010-2 Owner Trust

 

Summary of Intial Pool Composition                
Closing Date           5/18/2010   Credit Grade (2)
Cutoff Date           5/1/2010     A   76.97%
Aggregate Principal Balance     $1,288,659,794     B   13.90%
Number of Receivables       82,847     C   6.56%
Average Principal Balance       $15,555     D   2.57%
Average Original Amt Financed     $21,048   Original Term (2)
Weighted Avg APR (1)       5.05%     1-24   0.12%
  Minimum           0.50%     25-36   11.41%
  Maximum           23.84%     37-48   4.58%
Weighted Average Original Term to Maturity (1)   57.86 months     49-60   71.84%
Weighted Average Remaining Term to Maturity (1) 44.49 months     61-72   12.05%
Non-Zero Weighted Average FICO score (1)   746   Top 5 State (2)(3)
Percentage New Vehicle (2)       89.14%     CA   15.56%
Percentage Used Vehicle (2)       10.86%     TX   8.95%
Percentage Honda (2)       86.77%     FL   6.73%
Percentage Acura (2)       13.23%     NJ   5.94%
                      NY   5.28%

 

      Pool       Cumulative   Delinquencies (5)
Month   Factor   Prepayments (4)   Net Loss   31-60   61-90   91+
1 May-10   96.72%   1.08%   0.00%   0.40%   0.00%   0.00%
2 Jun-10   93.24%   1.29%   0.00%   1.36%   0.05%   0.00%
3 Jul-10   89.77%   1.32%   0.01%   1.54%   0.14%   0.02%
4 Aug-10   86.37%   1.33%   0.03%   1.89%   0.31%   0.02%
5 Sep-10   82.99%   1.36%   0.05%   2.41%   0.27%   0.06%
6 Oct-10   79.65%   1.37%   0.08%   2.57%   0.30%   0.07%
7 Nov-10   76.39%   1.37%   0.10%   2.82%   0.43%   0.05%
8 Dec-10   73.05%   1.49%   0.13%   2.92%   0.48%   0.13%
9 Jan-11   69.80%   1.47%   0.17%   2.82%   0.75%   0.13%
10 Feb-11   66.77%   1.35%   0.18%   3.32%   0.57%   0.13%
11 Mar-11   63.38%   1.70%   0.21%   2.97%   0.55%   0.08%
12 Apr-11   60.27%   1.56%   0.21%   3.22%   0.63%   0.11%
13 May-11   57.24%   1.56%   0.22%   3.51%   0.72%   0.18%
14 Jun-11   54.29%   1.56%   0.24%   3.61%   0.84%   0.19%
15 Jul-11   51.53%   1.46%   0.27%   3.84%   0.88%   0.30%
16 Aug-11   48.73%   1.57%   0.29%   3.67%   1.32%   0.26%
17 Sep-11   46.07%   1.52%   0.31%   4.09%   1.03%   0.30%
18 Oct-11   43.57%   1.43%   0.33%   4.18%   1.11%   0.33%
19 Nov-11   41.21%   1.37%   0.35%   4.45%   1.35%   0.28%
20 Dec-11   38.89%   1.39%   0.36%   4.25%   1.34%   0.44%
21 Jan-12   36.57%   1.48%   0.38%   4.02%   1.71%   0.45%
22 Feb-12   34.34%   1.45%   0.38%   4.38%   1.37%   0.33%
23 Mar-12   32.05%   1.61%   0.38%   4.09%   1.29%   0.33%
24 Apr-12   29.94%   1.49%   0.39%   4.35%   1.52%   0.33%
25 May-12   27.95%   1.44%   0.39%   4.54%   1.48%   0.51%
26 Jun-12   26.01%   1.48%   0.42%   4.56%   1.65%   0.43%
27 Jul-12   24.19%   1.40%   0.41%   4.62%   1.67%   0.56%
28 Aug-12   22.38%   1.50%   0.42%   4.18%   2.11%   0.56%
29 Sep-12   20.81%   1.24%   0.44%   5.13%   1.83%   0.65%
30 Oct-12   19.23%   1.35%   0.44%   4.99%   1.80%   0.70%
31 Nov-12   17.76%   1.27%   0.44%   4.91%   2.10%   0.73%
32 Dec-12   16.39%   1.23%   0.45%   5.19%   1.99%   0.96%
33 Jan-13   14.98%   1.38%   0.46%   4.62%   2.40%   0.94%
34 Feb-13   13.70%   1.27%   0.45%   5.14%   2.09%   0.84%
35 Mar-13   12.39%   1.48%   0.44%   4.92%   2.10%   0.69%
36 Apr-13   11.17%   1.43%   0.43%   5.06%   2.01%   0.81%
37 May-13   10.03%   1.41%   0.42%   4.80%   2.12%   0.94%
38 Jun-13   9.02%   1.24%   0.42%   5.07%   2.29%   0.91%
39 Jul-13   0.00%       0.42%            

 

 
 

 

Honda Auto Receivables 2010-3 Owner Trust

 

Summary of Intial Pool Composition                
Closing Date           10/28/2010   Credit Grade (2)
Cutoff Date           10/1/2010     A   76.70%
Aggregate Principal Balance     $1,599,989,158     B   14.54%
Number of Receivables       95,387     C   6.89%
Average Principal Balance       $16,774     D   1.88%
Average Original Amt Financed     $21,774   Original Term (2)
Weighted Avg APR (1)       4.84%     1-24   0.18%
  Minimum           0.75%     25-36   8.59%
  Maximum           23.39%     37-48   3.27%
Weighted Average Original Term to Maturity (1)   58.64 months     49-60   77.03%
Weighted Average Remaining Term to Maturity (1) 46.13 months     61-72   10.94%
Non-Zero Weighted Average FICO score (1)   748   Top 5 State (2)(3)
Percentage New Vehicle (2)       87.63%     CA   15.67%
Percentage Used Vehicle (2)       12.37%     TX   9.06%
Percentage Honda (2)       85.03%     FL   6.73%
Percentage Acura (2)       14.97%     NJ   6.07%
                      NY   5.26%

 

      Pool       Cumulative   Delinquencies (5)
Month   Factor   Prepayments (4)   Net Loss   31-60   61-90   91+
1 Oct-10   96.87%   1.03%   0.00%   0.36%   0.00%   0.00%
2 Nov-10   93.66%   1.15%   0.00%   1.21%   0.05%   0.00%
3 Dec-10   90.47%   1.18%   0.00%   1.47%   0.14%   0.02%
4 Jan-11   87.30%   1.19%   0.02%   1.63%   0.24%   0.04%
5 Feb-11   84.19%   1.19%   0.05%   2.01%   0.22%   0.04%
6 Mar-11   80.71%   1.52%   0.07%   1.79%   0.21%   0.03%
7 Apr-11   77.39%   1.45%   0.09%   1.99%   0.21%   0.04%
8 May-11   74.22%   1.39%   0.11%   2.27%   0.28%   0.06%
9 Jun-11   71.06%   1.44%   0.12%   2.51%   0.40%   0.04%
10 Jul-11   67.92%   1.47%   0.13%   2.67%   0.46%   0.12%
11 Aug-11   64.83%   1.50%   0.16%   2.58%   0.66%   0.14%
12 Sep-11   61.88%   1.43%   0.19%   2.94%   0.55%   0.11%
13 Oct-11   59.02%   1.41%   0.21%   3.11%   0.62%   0.15%
14 Nov-11   56.31%   1.33%   0.24%   3.27%   0.71%   0.15%
15 Dec-11   53.63%   1.36%   0.26%   3.44%   0.73%   0.19%
16 Jan-12   50.89%   1.49%   0.28%   3.25%   1.03%   0.21%
17 Feb-12   48.28%   1.43%   0.29%   3.53%   0.77%   0.16%
18 Mar-12   45.54%   1.63%   0.29%   3.31%   0.81%   0.14%
19 Apr-12   42.99%   1.51%   0.30%   3.50%   0.96%   0.18%
20 May-12   40.50%   1.53%   0.31%   3.59%   1.03%   0.28%
21 Jun-12   38.05%   1.57%   0.32%   3.71%   1.12%   0.24%
22 Jul-12   35.78%   1.45%   0.34%   3.74%   1.15%   0.35%
23 Aug-12   33.51%   1.55%   0.35%   3.52%   1.41%   0.33%
24 Sep-12   31.53%   1.27%   0.36%   4.20%   1.31%   0.43%
25 Oct-12   29.48%   1.44%   0.36%   4.17%   1.31%   0.46%
26 Nov-12   27.53%   1.40%   0.37%   4.28%   1.52%   0.46%
27 Dec-12   25.72%   1.30%   0.38%   4.24%   1.65%   0.61%
28 Jan-13   23.87%   1.46%   0.39%   3.88%   1.94%   0.59%
29 Feb-13   22.19%   1.31%   0.39%   4.49%   1.73%   0.50%
30 Mar-13   20.40%   1.60%   0.39%   4.28%   1.68%   0.47%
31 Apr-13   18.74%   1.51%   0.39%   4.30%   1.74%   0.47%
32 May-13   17.17%   1.49%   0.39%   4.29%   1.65%   0.61%
33 Jun-13   15.77%   1.30%   0.39%   4.71%   1.91%   0.56%
34 Jul-13   14.35%   1.47%   0.39%   4.52%   1.90%   0.73%
35 Aug-13   13.01%   1.45%   0.40%   4.30%   2.27%   0.68%
36 Sep-13   11.85%   1.23%   0.39%   4.72%   1.98%   0.73%
37 Oct-13   10.68%   1.37%   0.38%   4.85%   2.02%   0.70%
38 Nov-13   9.63%   1.24%   0.38%   5.02%   2.10%   0.74%
39 Dec-13   0.00%       0.38%            

 

 
 

 

Honda Auto Receivables 2011-1 Owner Trust

 

Summary of Intial Pool Composition                
Closing Date           2/24/2011   Credit Grade (2)
Cutoff Date           2/1/2011     A   76.47%
Aggregate Principal Balance     $1,025,646,788     B   14.64%
Number of Receivables       62,621     C   6.99%
Average Principal Balance       $16,379     D   1.91%
Average Original Amt Financed     $22,173   Original Term (2)
Weighted Avg APR (1)       4.01%     1-24   0.18%
  Minimum           0.69%     25-36   9.53%
  Maximum           23.54%     37-48   3.96%
Weighted Average Original Term to Maturity (1)   58.39 months     49-60   74.94%
Weighted Average Remaining Term to Maturity (1) 45.82 months     61-72   11.39%
Non-Zero Weighted Average FICO score (1)   750   Top 5 State (2)(3)
Percentage New Vehicle (2)       87.37%     CA   14.55%
Percentage Used Vehicle (2)       12.63%     TX   9.38%
Percentage Honda (2)       85.56%     FL   5.85%
Percentage Acura (2)       14.44%     NJ   5.56%
                      NY   5.23%

 

      Pool       Cumulative   Delinquencies (5)
Month   Factor   Prepayments (4)   Net Loss   31-60   61-90   91+
1 Feb-11   96.86%   1.00%   0.00%   0.30%   0.00%   0.00%
2 Mar-11   93.39%   1.31%   0.00%   0.86%   0.02%   0.00%
3 Apr-11   90.01%   1.29%   0.00%   1.06%   0.09%   0.00%
4 May-11   86.74%   1.25%   0.01%   1.34%   0.13%   0.02%
5 Jun-11   83.35%   1.39%   0.02%   1.61%   0.19%   0.01%
6 Jul-11   80.12%   1.32%   0.04%   1.79%   0.22%   0.05%
7 Aug-11   76.73%   1.50%   0.06%   1.84%   0.38%   0.06%
8 Sep-11   73.54%   1.40%   0.07%   2.20%   0.29%   0.07%
9 Oct-11   70.42%   1.39%   0.10%   2.25%   0.39%   0.07%
10 Nov-11   67.45%   1.34%   0.13%   2.56%   0.46%   0.05%
11 Dec-11   64.48%   1.39%   0.14%   2.57%   0.48%   0.11%
12 Jan-12   61.58%   1.40%   0.16%   2.45%   0.64%   0.12%
13 Feb-12   58.61%   1.51%   0.18%   2.84%   0.43%   0.08%
14 Mar-12   55.59%   1.63%   0.18%   2.62%   0.46%   0.07%
15 Apr-12   52.74%   1.55%   0.20%   2.94%   0.60%   0.06%
16 May-12   49.95%   1.57%   0.20%   2.98%   0.65%   0.16%
17 Jun-12   47.27%   1.55%   0.21%   3.02%   0.84%   0.11%
18 Jul-12   44.74%   1.47%   0.23%   3.24%   0.89%   0.15%
19 Aug-12   42.10%   1.66%   0.24%   3.02%   1.11%   0.21%
20 Sep-12   39.85%   1.34%   0.25%   3.63%   1.04%   0.28%
21 Oct-12   37.53%   1.49%   0.25%   3.58%   1.11%   0.28%
22 Nov-12   35.27%   1.51%   0.27%   3.52%   1.25%   0.29%
23 Dec-12   33.19%   1.38%   0.29%   3.87%   1.28%   0.41%
24 Jan-13   31.10%   1.49%   0.30%   3.67%   1.55%   0.38%
25 Feb-13   29.19%   1.34%   0.29%   4.05%   1.37%   0.38%
26 Mar-13   27.20%   1.56%   0.29%   3.73%   1.30%   0.39%
27 Apr-13   25.29%   1.55%   0.29%   3.84%   1.36%   0.41%
28 May-13   23.50%   1.48%   0.29%   3.79%   1.27%   0.55%
29 Jun-13   21.87%   1.36%   0.31%   4.22%   1.42%   0.53%
30 Jul-13   20.32%   1.33%   0.31%   4.05%   1.60%   0.61%
31 Aug-13   18.84%   1.32%   0.31%   3.82%   1.75%   0.74%
32 Sep-13   17.51%   1.16%   0.32%   4.20%   1.52%   0.77%
33 Oct-13   16.23%   1.18%   0.33%   4.14%   1.63%   0.62%
34 Nov-13   15.08%   0.99%   0.34%   4.19%   1.78%   0.62%
35 Dec-13   13.95%   1.04%   0.33%   4.26%   1.71%   0.87%
36 Jan-14   12.79%   1.24%   0.35%   3.85%   1.86%   0.91%
37 Feb-14   11.73%   1.10%   0.35%   4.41%   1.73%   0.70%
38 Mar-14   10.64%   1.29%   0.35%   4.12%   1.75%   0.63%
39 Apr-14   9.61%   1.29%   0.35%   4.21%   1.82%   0.60%
40 May-14   0.00%       0.34%            

 

 
 

 

Honda Auto Receivables 2011-2 Owner Trust

 

Summary of Intial Pool Composition                
Closing Date           5/25/2011   Credit Grade (2)
Cutoff Date           5/1/2011     A   76.34%
Aggregate Principal Balance     $1,481,913,484     B   15.13%
Number of Receivables       85,393     C   6.49%
Average Principal Balance       $17,354     D   2.03%
Average Original Amt Financed     $22,614   Original Term (2)
Weighted Avg APR (1)       3.71%     1-24   0.17%
  Minimum           0.50%     25-36   7.89%
  Maximum           22.99%     37-48   3.04%
Weighted Average Original Term to Maturity (1)   58.87 months     49-60   77.70%
Weighted Average Remaining Term to Maturity (1) 47.00 months     61-72   11.20%
Non-Zero Weighted Average FICO score (1)   751   Top 5 State (2)(3)
Percentage New Vehicle (2)       87.20%     CA   15.79%
Percentage Used Vehicle (2)       12.80%     TX   9.76%
Percentage Honda (2)       84.60%     FL   6.68%
Percentage Acura (2)       15.40%     NJ   6.02%
                      NY   5.55%

 

      Pool       Cumulative   Delinquencies (5)
Month   Factor   Prepayments (4)   Net Loss   31-60   61-90   91+
1 May-11   96.89%   1.01%   0.00%   0.27%   0.00%   0.00%
2 Jun-11   93.64%   1.19%   0.00%   1.03%   0.05%   0.00%
3 Jul-11   90.49%   1.15%   0.00%   1.31%   0.14%   0.02%
4 Aug-11   87.19%   1.31%   0.02%   1.52%   0.26%   0.03%
5 Sep-11   84.02%   1.25%   0.03%   1.83%   0.19%   0.04%
6 Oct-11   80.90%   1.25%   0.06%   2.02%   0.21%   0.03%
7 Nov-11   77.85%   1.25%   0.09%   2.32%   0.31%   0.06%
8 Dec-11   74.88%   1.23%   0.11%   2.45%   0.29%   0.10%
9 Jan-12   71.84%   1.33%   0.13%   2.29%   0.56%   0.07%
10 Feb-12   68.85%   1.35%   0.15%   2.50%   0.37%   0.06%
11 Mar-12   65.68%   1.56%   0.16%   2.25%   0.34%   0.05%
12 Apr-12   62.69%   1.47%   0.17%   2.53%   0.43%   0.06%
13 May-12   59.76%   1.48%   0.18%   2.72%   0.49%   0.10%
14 Jun-12   56.91%   1.47%   0.19%   2.70%   0.63%   0.10%
15 Jul-12   54.17%   1.44%   0.20%   3.07%   0.57%   0.20%
16 Aug-12   51.39%   1.54%   0.22%   2.77%   0.84%   0.17%
17 Sep-12   48.88%   1.34%   0.24%   3.23%   0.79%   0.22%
18 Oct-12   46.33%   1.46%   0.26%   3.28%   0.82%   0.21%
19 Nov-12   43.86%   1.45%   0.28%   3.22%   0.94%   0.23%
20 Dec-12   41.60%   1.29%   0.30%   3.60%   1.02%   0.32%
21 Jan-13   39.26%   1.46%   0.30%   3.19%   1.23%   0.35%
22 Feb-13   37.06%   1.38%   0.32%   3.70%   1.04%   0.30%
23 Mar-13   34.77%   1.57%   0.32%   3.53%   1.05%   0.24%
24 Apr-13   32.62%   1.50%   0.32%   3.55%   1.09%   0.27%
25 May-13   30.53%   1.50%   0.32%   3.50%   1.15%   0.35%
26 Jun-13   28.66%   1.31%   0.33%   3.75%   1.29%   0.40%
27 Jul-13   26.73%   1.49%   0.35%   3.79%   1.15%   0.51%
28 Aug-13   24.92%   1.42%   0.36%   3.51%   1.48%   0.48%
29 Sep-13   23.28%   1.25%   0.37%   3.88%   1.44%   0.46%
30 Oct-13   21.72%   1.22%   0.37%   3.77%   1.50%   0.53%
31 Nov-13   20.27%   1.10%   0.37%   3.82%   1.59%   0.48%
32 Dec-13   18.83%   1.20%   0.38%   3.93%   1.58%   0.62%
33 Jan-14   17.43%   1.22%   0.39%   3.63%   1.77%   0.58%
34 Feb-14   16.13%   1.11%   0.38%   4.14%   1.59%   0.53%
35 Mar-14   14.77%   1.35%   0.37%   3.85%   1.61%   0.57%
36 Apr-14   13.49%   1.32%   0.36%   4.10%   1.57%   0.61%
37 May-14   12.29%   1.29%   0.36%   4.10%   1.58%   0.64%
38 Jun-14   11.16%   1.25%   0.36%   4.16%   1.73%   0.69%
39 Jul-14   10.06%   1.30%   0.36%   4.17%   1.69%   0.80%
40 Aug-14   9.03%   1.30%   0.35%   3.97%   1.97%   0.92%
41 Sep-14   0.00%       0.35%            

 

 
 

 

Honda Auto Receivables 2011-3 Owner Trust

 

Summary of Intial Pool Composition                
Closing Date           10/21/2011   Credit Grade (2)
Cutoff Date           10/1/2011     A   76.84%
Aggregate Principal Balance     $1,521,949,073     B   15.32%
Number of Receivables       99,154     C   5.82%
Average Principal Balance       $15,349     D   2.02%
Average Original Amt Financed     $21,969   Original Term (2)
Weighted Avg APR (1)       3.24%     1-24   0.12%
  Minimum           0.50%     25-36   5.95%
  Maximum           22.34%     37-48   2.48%
Weighted Average Original Term to Maturity (1)   59.55 months     49-60   79.21%
Weighted Average Remaining Term to Maturity (1) 45.17 months     61-72   12.23%
Non-Zero Weighted Average FICO score (1)   751   Top 5 State (2)(3)
Percentage New Vehicle (2)       86.10%     CA   15.49%
Percentage Used Vehicle (2)       13.90%     TX   9.03%
Percentage Honda (2)       84.15%     FL   6.46%
Percentage Acura (2)       15.85%     NJ   5.60%
                      NY   5.51%

 

      Pool       Cumulative   Delinquencies (5)
Month   Factor   Prepayments (4)   Net Loss   31-60   61-90   91+
1 Oct-11   96.57%   1.15%   0.00%   0.30%   0.00%   0.00%
2 Nov-11   93.25%   1.14%   0.00%   1.19%   0.05%   0.00%
3 Dec-11   89.89%   1.20%   0.01%   1.39%   0.14%   0.01%
4 Jan-12   86.43%   1.33%   0.02%   1.53%   0.25%   0.03%
5 Feb-12   82.99%   1.37%   0.04%   1.72%   0.17%   0.02%
6 Mar-12   79.34%   1.56%   0.06%   1.54%   0.19%   0.02%
7 Apr-12   75.96%   1.44%   0.07%   1.86%   0.23%   0.03%
8 May-12   72.63%   1.45%   0.08%   2.09%   0.26%   0.06%
9 Jun-12   69.34%   1.49%   0.10%   2.26%   0.32%   0.05%
10 Jul-12   66.16%   1.46%   0.12%   2.43%   0.38%   0.09%
11 Aug-12   62.98%   1.52%   0.13%   2.32%   0.56%   0.09%
12 Sep-12   60.13%   1.32%   0.15%   2.81%   0.53%   0.11%
13 Oct-12   57.18%   1.47%   0.17%   2.75%   0.54%   0.11%
14 Nov-12   54.40%   1.38%   0.19%   2.92%   0.64%   0.14%
15 Dec-12   51.73%   1.36%   0.20%   3.21%   0.76%   0.21%
16 Jan-13   48.97%   1.51%   0.23%   2.98%   1.02%   0.19%
17 Feb-13   46.46%   1.34%   0.24%   3.36%   0.86%   0.16%
18 Mar-13   43.80%   1.57%   0.24%   3.15%   0.80%   0.14%
19 Apr-13   41.22%   1.57%   0.25%   3.36%   0.78%   0.16%
20 May-13   38.81%   1.48%   0.25%   3.20%   0.85%   0.22%
21 Jun-13   36.61%   1.34%   0.26%   3.58%   1.04%   0.20%
22 Jul-13   34.37%   1.46%   0.27%   3.53%   1.01%   0.28%
23 Aug-13   32.25%   1.42%   0.28%   3.14%   1.24%   0.30%
24 Sep-13   30.32%   1.26%   0.29%   3.67%   1.09%   0.36%
25 Oct-13   28.46%   1.27%   0.30%   3.68%   1.14%   0.36%
26 Nov-13   26.74%   1.15%   0.30%   3.78%   1.35%   0.41%
27 Dec-13   25.06%   1.17%   0.31%   3.71%   1.34%   0.57%
28 Jan-14   23.37%   1.27%   0.32%   3.28%   1.57%   0.54%
29 Feb-14   21.80%   1.19%   0.32%   3.83%   1.44%   0.43%
30 Mar-14   20.19%   1.34%   0.32%   3.50%   1.43%   0.44%
31 Apr-14   18.69%   1.28%   0.32%   3.57%   1.37%   0.50%
32 May-14   17.28%   1.22%   0.31%   3.63%   1.32%   0.56%
33 Jun-14   15.92%   1.24%   0.32%   3.77%   1.46%   0.48%
34 Jul-14   14.62%   1.25%   0.33%   3.71%   1.41%   0.57%
35 Aug-14   13.38%   1.23%   0.33%   3.47%   1.81%   0.66%
36 Sep-14   12.18%   1.27%   0.33%   3.77%   1.52%   0.69%
37 Oct-14   11.06%   1.24%   0.32%   3.83%   1.53%   0.69%
38 Nov-14   10.06%   1.07%   0.32%   4.16%   1.81%   0.70%
39 Dec-14   9.04%   1.27%   0.32%   4.17%   1.71%   0.83%
40 Jan-15   0.00%       0.32%            

 

 
 

 

Honda Auto Receivables 2012-1 Owner Trust

 

Summary of Intial Pool Composition                
Closing Date           2/23/2012   Credit Grade (2)
Cutoff Date           2/1/2012     A   77.07%
Aggregate Principal Balance     $1,737,164,364     B   15.25%
Number of Receivables       107,845     C   5.72%
Average Principal Balance       $16,108     D   1.97%
Average Original Amt Financed     $22,457   Original Term (2)
Weighted Avg APR (1)       2.96%     1-24   0.11%
  Minimum           0.50%     25-36   5.83%
  Maximum           23.49%     37-48   2.42%
Weighted Average Original Term to Maturity (1)   59.59 months     49-60   79.45%
Weighted Average Remaining Term to Maturity (1) 46.07 months     61-72   12.19%
Non-Zero Weighted Average FICO score (1)   752   Top 5 State (2)(3)
Percentage New Vehicle (2)       86.40%     CA   15.92%
Percentage Used Vehicle (2)       13.60%     TX   8.44%
Percentage Honda (2)       85.28%     FL   5.82%
Percentage Acura (2)       14.72%     NJ   5.20%
                      NY   5.18%

 

      Pool       Cumulative   Delinquencies (5)
Month   Factor   Prepayments (4)   Net Loss   31-60   61-90   91+
1 Feb-12   96.65%   1.12%   0.00%   0.21%   0.00%   0.00%
2 Mar-12   93.13%   1.32%   0.00%   0.70%   0.02%   0.00%
3 Apr-12   89.70%   1.29%   0.00%   1.00%   0.05%   0.01%
4 May-12   86.28%   1.34%   0.01%   1.25%   0.08%   0.02%
5 Jun-12   82.89%   1.37%   0.02%   1.40%   0.12%   0.02%
6 Jul-12   79.60%   1.34%   0.03%   1.56%   0.17%   0.04%
7 Aug-12   76.18%   1.49%   0.05%   1.56%   0.35%   0.06%
8 Sep-12   73.16%   1.25%   0.08%   2.13%   0.27%   0.06%
9 Oct-12   70.05%   1.36%   0.10%   2.07%   0.29%   0.07%
10 Nov-12   67.00%   1.38%   0.12%   2.28%   0.39%   0.07%
11 Dec-12   64.18%   1.24%   0.14%   2.51%   0.49%   0.12%
12 Jan-13   61.25%   1.39%   0.16%   2.35%   0.62%   0.13%
13 Feb-13   58.47%   1.32%   0.17%   2.68%   0.56%   0.09%
14 Mar-13   55.57%   1.50%   0.18%   2.52%   0.51%   0.09%
15 Apr-13   52.71%   1.53%   0.18%   2.55%   0.60%   0.10%
16 May-13   49.98%   1.49%   0.19%   2.56%   0.57%   0.15%
17 Jun-13   47.48%   1.34%   0.20%   2.82%   0.73%   0.16%
18 Jul-13   44.92%   1.46%   0.20%   2.81%   0.70%   0.22%
19 Aug-13   42.46%   1.44%   0.22%   2.72%   0.91%   0.23%
20 Sep-13   40.22%   1.28%   0.23%   3.05%   0.82%   0.27%
21 Oct-13   38.01%   1.31%   0.24%   3.12%   0.85%   0.29%
22 Nov-13   35.95%   1.21%   0.25%   3.09%   1.11%   0.27%
23 Dec-13   33.94%   1.23%   0.26%   3.29%   1.06%   0.35%
24 Jan-14   31.96%   1.27%   0.28%   3.04%   1.28%   0.35%
25 Feb-14   30.08%   1.21%   0.28%   3.26%   1.17%   0.32%
26 Mar-14   28.14%   1.39%   0.29%   3.17%   1.09%   0.27%
27 Apr-14   26.28%   1.36%   0.29%   3.14%   1.24%   0.35%
28 May-14   24.56%   1.27%   0.29%   3.18%   1.22%   0.41%
29 Jun-14   22.88%   1.29%   0.29%   3.32%   1.30%   0.46%
30 Jul-14   21.27%   1.30%   0.30%   3.14%   1.33%   0.53%
31 Aug-14   19.73%   1.26%   0.30%   3.13%   1.56%   0.57%
32 Sep-14   18.26%   1.27%   0.31%   3.44%   1.38%   0.49%
33 Oct-14   16.87%   1.20%   0.31%   3.39%   1.33%   0.57%
34 Nov-14   15.63%   1.03%   0.32%   3.64%   1.47%   0.60%
35 Dec-14   14.31%   1.30%   0.32%   3.46%   1.56%   0.65%
36 Jan-15   13.08%   1.25%   0.32%   3.19%   1.71%   0.61%
37 Feb-15   11.94%   1.17%   0.31%   3.77%   1.51%   0.60%

 

 
 

 

Honda Auto Receivables 2012-2 Owner Trust

 

Summary of Intial Pool Composition                
Closing Date           4/25/2012   Credit Grade (2)
Cutoff Date           4/1/2012     A   78.24%
Aggregate Principal Balance     $1,538,462,660     B   14.22%
Number of Receivables       91,636     C   6.24%
Average Principal Balance       $16,789     D   1.30%
Average Original Amt Financed     $23,060   Original Term (2)
Weighted Avg APR (1)       2.78%     1-24   0.05%
  Minimum           0.50%     25-36   5.65%
  Maximum           21.79%     37-48   1.93%
Weighted Average Original Term to Maturity (1)   59.79 months     49-60   79.63%
Weighted Average Remaining Term to Maturity (1) 46.46 months     61-72   12.74%
Non-Zero Weighted Average FICO score (1)   752   Top 5 State (2)(3)
Percentage New Vehicle (2)       86.57%     CA   16.25%
Percentage Used Vehicle (2)       13.43%     TX   8.53%
Percentage Honda (2)       85.25%     FL   5.56%
Percentage Acura (2)       14.75%     NJ   5.12%
                      NY   4.96%

 

      Pool       Cumulative   Delinquencies (5)
Month   Factor   Prepayments (4)   Net Loss   31-60   61-90   91+
1 Apr-12   96.59%   1.18%   0.00%   0.08%   0.00%   0.00%
2 May-12   93.21%   1.23%   0.00%   0.66%   0.00%   0.00%
3 Jun-12   89.78%   1.31%   0.00%   0.94%   0.04%   0.00%
4 Jul-12   86.55%   1.20%   0.01%   1.22%   0.08%   0.02%
5 Aug-12   83.18%   1.35%   0.02%   1.24%   0.21%   0.02%
6 Sep-12   80.17%   1.12%   0.03%   1.67%   0.16%   0.04%
7 Oct-12   77.02%   1.29%   0.05%   1.76%   0.15%   0.05%
8 Nov-12   73.88%   1.33%   0.06%   1.83%   0.25%   0.03%
9 Dec-12   70.90%   1.25%   0.07%   2.10%   0.28%   0.07%
10 Jan-13   67.87%   1.35%   0.08%   1.96%   0.46%   0.10%
11 Feb-13   65.03%   1.24%   0.09%   2.39%   0.34%   0.08%
12 Mar-13   61.95%   1.51%   0.11%   2.22%   0.33%   0.05%
13 Apr-13   58.89%   1.56%   0.11%   2.33%   0.38%   0.08%
14 May-13   56.03%   1.45%   0.12%   2.29%   0.40%   0.10%
15 Jun-13   53.33%   1.37%   0.14%   2.64%   0.48%   0.12%
16 Jul-13   50.54%   1.52%   0.15%   2.63%   0.51%   0.17%
17 Aug-13   47.94%   1.41%   0.17%   2.45%   0.70%   0.19%
18 Sep-13   45.51%   1.31%   0.19%   2.86%   0.58%   0.19%
19 Oct-13   43.14%   1.32%   0.21%   2.76%   0.67%   0.18%
20 Nov-13   40.96%   1.16%   0.22%   2.93%   0.75%   0.17%
21 Dec-13   38.75%   1.28%   0.23%   3.08%   0.80%   0.22%
22 Jan-14   36.58%   1.31%   0.24%   2.76%   1.01%   0.26%
23 Feb-14   34.62%   1.12%   0.24%   3.12%   0.82%   0.22%
24 Mar-14   32.49%   1.41%   0.24%   2.93%   0.79%   0.19%
25 Apr-14   30.46%   1.38%   0.24%   2.90%   0.84%   0.25%
26 May-14   28.58%   1.27%   0.24%   2.88%   0.84%   0.29%
27 Jun-14   26.75%   1.28%   0.24%   2.93%   1.00%   0.30%
28 Jul-14   24.92%   1.38%   0.25%   3.07%   0.93%   0.41%
29 Aug-14   23.20%   1.31%   0.25%   2.89%   1.18%   0.38%
30 Sep-14   21.54%   1.33%   0.26%   3.17%   1.02%   0.38%
31 Oct-14   19.95%   1.32%   0.26%   2.96%   1.05%   0.36%
32 Nov-14   18.59%   1.00%   0.26%   3.40%   1.26%   0.39%
33 Dec-14   17.16%   1.25%   0.26%   3.33%   1.06%   0.52%
34 Jan-15   15.79%   1.24%   0.25%   3.05%   1.34%   0.45%
35 Feb-15   14.52%   1.16%   0.26%   3.49%   1.20%   0.34%

 

 
 

 

Honda Auto Receivables 2012-3 Owner Trust

 

Summary of Intial Pool Composition                
Closing Date           7/25/2012   Credit Grade (2)
Cutoff Date           7/1/2012     A   78.16%
Aggregate Principal Balance     $1,538,461,539     B   14.31%
Number of Receivables       93,151     C   5.89%
Average Principal Balance       $16,516     D   1.64%
Average Original Amt Financed     $23,086   Original Term (2)
Weighted Avg APR (1)       2.80%     1-24   0.27%
  Minimum           0.50%     25-36   5.89%
  Maximum           23.44%     37-48   1.95%
Weighted Average Original Term to Maturity (1)   59.60 months     49-60   79.42%
Weighted Average Remaining Term to Maturity (1) 46.52 months     61-72   12.47%
Non-Zero Weighted Average FICO score (1)   752   Top 5 State (2)(3)
Percentage New Vehicle (2)       86.77%     CA   15.61%
Percentage Used Vehicle (2)       13.23%     TX   9.17%
Percentage Honda (2)       84.12%     FL   6.28%
Percentage Acura (2)       15.88%     NJ   5.24%
                      PA   4.97%

 

      Pool       Cumulative   Delinquencies (5)
Month   Factor   Prepayments (4)   Net Loss   31-60   61-90   91+
1 Jul-12   96.62%   1.17%   0.00%   0.24%   0.00%   0.00%
2 Aug-12   93.14%   1.30%   0.00%   0.88%   0.08%   0.00%
3 Sep-12   89.96%   1.12%   0.01%   1.35%   0.11%   0.01%
4 Oct-12   86.64%   1.28%   0.02%   1.51%   0.13%   0.02%
5 Nov-12   83.38%   1.28%   0.04%   1.65%   0.20%   0.02%
6 Dec-12   80.24%   1.23%   0.06%   2.04%   0.25%   0.03%
7 Jan-13   77.08%   1.30%   0.07%   1.90%   0.42%   0.06%
8 Feb-13   73.99%   1.30%   0.08%   2.30%   0.27%   0.06%
9 Mar-13   70.75%   1.47%   0.09%   2.15%   0.28%   0.05%
10 Apr-13   67.54%   1.52%   0.11%   2.27%   0.30%   0.07%
11 May-13   64.42%   1.51%   0.12%   2.21%   0.33%   0.08%
12 Jun-13   61.61%   1.29%   0.14%   2.51%   0.47%   0.08%
13 Jul-13   58.67%   1.47%   0.16%   2.52%   0.46%   0.13%
14 Aug-13   55.95%   1.34%   0.18%   2.41%   0.62%   0.14%
15 Sep-13   53.43%   1.21%   0.19%   2.78%   0.60%   0.15%
16 Oct-13   50.89%   1.29%   0.20%   2.76%   0.66%   0.16%
17 Nov-13   48.56%   1.12%   0.22%   2.93%   0.72%   0.20%
18 Dec-13   46.23%   1.19%   0.23%   3.13%   0.75%   0.24%
19 Jan-14   43.84%   1.32%   0.24%   2.80%   1.01%   0.23%
20 Feb-14   41.67%   1.14%   0.25%   3.12%   0.78%   0.23%
21 Mar-14   39.37%   1.36%   0.26%   2.92%   0.76%   0.20%
22 Apr-14   37.12%   1.37%   0.26%   3.11%   0.82%   0.24%
23 May-14   35.04%   1.25%   0.27%   3.13%   0.86%   0.26%
24 Jun-14   33.02%   1.24%   0.27%   3.25%   0.97%   0.28%
25 Jul-14   30.99%   1.35%   0.28%   3.33%   0.98%   0.33%
26 Aug-14   29.07%   1.28%   0.29%   3.13%   1.30%   0.36%
27 Sep-14   27.17%   1.36%   0.30%   3.45%   1.08%   0.38%
28 Oct-14   25.37%   1.28%   0.30%   3.35%   1.10%   0.40%
29 Nov-14   23.76%   1.09%   0.31%   3.66%   1.31%   0.39%
30 Dec-14   22.09%   1.29%   0.32%   3.37%   1.33%   0.47%
31 Jan-15   20.49%   1.26%   0.32%   3.19%   1.45%   0.49%
32 Feb-15   19.03%   1.12%   0.32%   3.60%   1.35%   0.44%

 

 
 

 

Honda Auto Receivables 2012-4 Owner Trust

 

Summary of Intial Pool Composition                
Closing Date           10/18/2012   Credit Grade (2)
Cutoff Date           10/1/2012     A   78.92%
Aggregate Principal Balance     $1,025,641,031     B   13.71%
Number of Receivables       62,072     C   5.58%
Average Principal Balance       $16,523     D   1.79%
Average Original Amt Financed     $22,821   Original Term (2)
Weighted Avg APR (1)       2.92%     1-24   0.18%
  Minimum           0.50%     25-36   8.02%
  Maximum           21.99%     37-48   2.54%
Weighted Average Original Term to Maturity (1)   59.05 months     49-60   77.12%
Weighted Average Remaining Term to Maturity (1) 45.52 months     61-72   12.14%
Non-Zero Weighted Average FICO score (1)   751   Top 5 State (2)(3)
Percentage New Vehicle (2)       86.70%     CA   16.26%
Percentage Used Vehicle (2)       13.30%     TX   8.80%
Percentage Honda (2)       84.17%     FL   5.95%
Percentage Acura (2)       15.83%     NJ   5.11%
                      NY   4.94%

 

      Pool       Cumulative   Delinquencies (5)
Month   Factor   Prepayments (4)   Net Loss   31-60   61-90   91+
1 Oct-12   96.55%   1.18%   0.00%   0.29%   0.00%   0.00%
2 Nov-12   93.19%   1.19%   0.00%   0.89%   0.05%   0.00%
3 Dec-12   90.00%   1.09%   0.01%   1.35%   0.10%   0.01%
4 Jan-13   86.66%   1.26%   0.02%   1.36%   0.26%   0.02%
5 Feb-13   83.43%   1.22%   0.03%   1.67%   0.18%   0.02%
6 Mar-13   79.88%   1.50%   0.04%   1.55%   0.19%   0.01%
7 Apr-13   76.37%   1.54%   0.05%   1.68%   0.23%   0.03%
8 May-13   72.99%   1.50%   0.07%   1.77%   0.29%   0.04%
9 Jun-13   69.92%   1.31%   0.09%   2.08%   0.41%   0.05%
10 Jul-13   66.66%   1.53%   0.10%   2.16%   0.33%   0.10%
11 Aug-13   63.58%   1.44%   0.11%   2.13%   0.53%   0.08%
12 Sep-13   60.72%   1.32%   0.12%   2.41%   0.55%   0.10%
13 Oct-13   57.85%   1.38%   0.14%   2.50%   0.56%   0.14%
14 Nov-13   55.15%   1.30%   0.17%   2.80%   0.61%   0.15%
15 Dec-13   52.51%   1.30%   0.19%   2.88%   0.74%   0.19%
16 Jan-14   49.86%   1.38%   0.21%   2.70%   0.92%   0.17%
17 Feb-14   47.39%   1.27%   0.23%   2.91%   0.75%   0.16%
18 Mar-14   44.76%   1.51%   0.23%   2.78%   0.75%   0.15%
19 Apr-14   42.23%   1.49%   0.24%   2.81%   0.80%   0.18%
20 May-14   39.86%   1.39%   0.24%   2.78%   0.83%   0.24%
21 Jun-14   37.58%   1.38%   0.26%   3.04%   0.91%   0.24%
22 Jul-14   35.28%   1.49%   0.27%   2.97%   0.91%   0.30%
23 Aug-14   33.10%   1.43%   0.28%   2.86%   1.20%   0.31%
24 Sep-14   30.98%   1.45%   0.29%   3.15%   1.00%   0.42%
25 Oct-14   28.90%   1.50%   0.30%   3.13%   0.99%   0.38%
26 Nov-14   27.14%   1.16%   0.30%   3.33%   1.22%   0.36%
27 Dec-14   25.27%   1.42%   0.31%   3.15%   1.22%   0.46%
28 Jan-15   23.50%   1.38%   0.31%   3.03%   1.32%   0.49%
29 Feb-15   21.86%   1.28%   0.31%   3.36%   1.24%   0.44%

 

 
 

 

Honda Auto Receivables 2013-1 Owner Trust

 

Summary of Intial Pool Composition                
Closing Date           1/23/2013   Credit Grade (2)
Cutoff Date           1/1/2013     A   79.11%
Aggregate Principal Balance     $1,282,051,293     B   13.65%
Number of Receivables       77,878     C   5.48%
Average Principal Balance       $16,462     D   1.75%
Average Original Amt Financed     $22,887   Original Term (2)
Weighted Avg APR (1)       2.66%     1-24   0.19%
  Minimum           0.50%     25-36   8.30%
  Maximum           23.24%     37-48   2.51%
Weighted Average Original Term to Maturity (1)   59.00 months     49-60   76.85%
Weighted Average Remaining Term to Maturity (1) 45.69 months     61-72   12.16%
Non-Zero Weighted Average FICO score (1)   754   Top 5 State (2)(3)
Percentage New Vehicle (2)       86.82%     CA   16.11%
Percentage Used Vehicle (2)       13.18%     TX   8.95%
Percentage Honda (2)       84.85%     FL   6.19%
Percentage Acura (2)       15.15%     NJ   5.19%
                      NY   5.11%

 

      Pool       Cumulative   Delinquencies (5)
Month   Factor   Prepayments (4)   Net Loss   31-60   61-90   91+
1 Jan-13   96.60%   1.14%   0.00%   0.27%   0.00%   0.00%
2 Feb-13   93.35%   1.10%   0.00%   0.60%   0.03%   0.00%
3 Mar-13   89.89%   1.30%   0.00%   0.60%   0.06%   0.00%
4 Apr-13   86.32%   1.43%   0.02%   0.70%   0.08%   0.02%
5 May-13   82.88%   1.39%   0.04%   0.78%   0.09%   0.03%
6 Jun-13   79.67%   1.27%   0.05%   1.06%   0.12%   0.03%
7 Jul-13   76.31%   1.44%   0.07%   1.14%   0.13%   0.03%
8 Aug-13   73.12%   1.36%   0.09%   1.09%   0.23%   0.04%
9 Sep-13   70.10%   1.28%   0.10%   1.47%   0.18%   0.04%
10 Oct-13   67.07%   1.34%   0.11%   1.44%   0.25%   0.04%
11 Nov-13   64.31%   1.17%   0.13%   1.67%   0.32%   0.05%
12 Dec-13   61.50%   1.27%   0.14%   1.80%   0.29%   0.10%
13 Jan-14   58.63%   1.38%   0.15%   1.65%   0.43%   0.09%
14 Feb-14   55.99%   1.24%   0.16%   1.82%   0.33%   0.08%
15 Mar-14   53.18%   1.46%   0.18%   1.72%   0.35%   0.05%
16 Apr-14   50.47%   1.44%   0.19%   1.83%   0.41%   0.06%
17 May-14   47.93%   1.35%   0.19%   1.88%   0.38%   0.13%
18 Jun-14   45.38%   1.43%   0.20%   1.99%   0.49%   0.12%
19 Jul-14   42.90%   1.44%   0.20%   2.13%   0.52%   0.15%
20 Aug-14   40.50%   1.43%   0.21%   2.01%   0.74%   0.18%
21 Sep-14   38.14%   1.47%   0.22%   2.43%   0.67%   0.18%
22 Oct-14   35.82%   1.51%   0.23%   2.40%   0.64%   0.18%
23 Nov-14   33.87%   1.15%   0.24%   2.70%   0.76%   0.19%
24 Dec-14   31.80%   1.39%   0.25%   2.57%   0.81%   0.24%
25 Jan-15   29.84%   1.33%   0.26%   2.37%   0.90%   0.26%
26 Feb-15   28.04%   1.21%   0.27%   2.65%   0.78%   0.24%

 

 
 

 

Honda Auto Receivables 2013-2 Owner Trust

 

Summary of Intial Pool Composition                
Closing Date           4/24/2013   Credit Grade (2)
Cutoff Date           4/1/2013     A   78.39%
Aggregate Principal Balance     $1,282,056,243     B   14.03%
Number of Receivables       74,560     C   5.68%
Average Principal Balance       $17,195     D   1.90%
Average Original Amt Financed     $22,907   Original Term (2)
Weighted Avg APR (1)       2.58%     1-24   0.16%
  Minimum           0.50%     25-36   6.56%
  Maximum           22.24%     37-48   2.48%
Weighted Average Original Term to Maturity (1)   59.64 months     49-60   76.58%
Weighted Average Remaining Term to Maturity (1) 47.04 months     61-72   14.23%
Non-Zero Weighted Average FICO score (1)   752   Top 5 State (2)(3)
Percentage New Vehicle (2)       86.41%     CA   16.58%
Percentage Used Vehicle (2)       13.59%     TX   8.72%
Percentage Honda (2)       85.98%     FL   6.19%
Percentage Acura (2)       14.02%     NJ   5.30%
                      IL   4.90%

 

      Pool       Cumulative   Delinquencies (5)
Month   Factor   Prepayments (4)   Net Loss   31-60   61-90   91+
1 Apr-13   96.60%   1.19%   0.00%   0.19%   0.00%   0.00%
2 May-13   93.21%   1.26%   0.00%   0.56%   0.02%   0.00%
3 Jun-13   90.04%   1.13%   0.01%   0.93%   0.07%   0.01%
4 Jul-13   86.66%   1.34%   0.02%   1.03%   0.10%   0.03%
5 Aug-13   83.39%   1.30%   0.04%   1.17%   0.15%   0.03%
6 Sep-13   80.34%   1.17%   0.06%   1.46%   0.20%   0.03%
7 Oct-13   77.26%   1.25%   0.08%   1.56%   0.25%   0.04%
8 Nov-13   74.39%   1.12%   0.10%   1.72%   0.30%   0.05%
9 Dec-13   71.49%   1.19%   0.11%   1.87%   0.32%   0.08%
10 Jan-14   68.52%   1.31%   0.13%   1.77%   0.40%   0.10%
11 Feb-14   65.77%   1.16%   0.15%   2.03%   0.28%   0.06%
12 Mar-14   62.82%   1.41%   0.16%   1.98%   0.30%   0.05%
13 Apr-14   59.96%   1.38%   0.16%   2.06%   0.43%   0.07%
14 May-14   57.21%   1.35%   0.16%   2.08%   0.41%   0.13%
15 Jun-14   54.47%   1.39%   0.17%   2.27%   0.54%   0.12%
16 Jul-14   51.75%   1.46%   0.20%   2.29%   0.56%   0.14%
17 Aug-14   49.18%   1.37%   0.22%   2.31%   0.74%   0.15%
18 Sep-14   46.64%   1.41%   0.23%   2.41%   0.67%   0.19%
19 Oct-14   44.18%   1.41%   0.25%   2.36%   0.67%   0.19%
20 Nov-14   42.00%   1.16%   0.27%   2.72%   0.82%   0.19%
21 Dec-14   39.69%   1.38%   0.28%   2.74%   0.84%   0.22%
22 Jan-15   37.52%   1.30%   0.29%   2.44%   0.97%   0.22%
23 Feb-15   35.51%   1.18%   0.30%   2.72%   0.86%   0.20%

 

 
 

 

Honda Auto Receivables 2013-3 Owner Trust

 

Summary of Intial Pool Composition                
Closing Date           7/24/2013   Credit Grade (2)
Cutoff Date           7/1/2013     A   78.76%
Aggregate Principal Balance       $1,538,461,539     B   13.95%
Number of Receivables       88,370     C   5.83%
Average Principal Balance       $17,409     D   1.46%
Average Original Amt Financed     $23,336   Original Term (2)
Weighted Avg APR (1)       2.42%     1-24   0.16%
  Minimum           0.50%     25-36   5.94%
  Maximum           22.05%     37-48   2.33%
Weighted Average Original Term to Maturity (1)   59.85 months     49-60   77.03%
Weighted Average Remaining Term to Maturity (1)   46.85 months     61-72   14.54%
Non-Zero Weighted Average FICO score (1)   753   Top 5 State (2)(3)
Percentage New Vehicle (2)       87.48%     CA   16.48%
Percentage Used Vehicle (2)       12.52%     TX   8.78%
Percentage Honda (2)       85.25%     NY   6.54%
Percentage Acura (2)       14.75%     FL   6.08%
                      NJ   5.45%

 

      Pool       Cumulative   Delinquencies (5)
Month   Factor   Prepayments (4)   Net Loss   31-60   61-90   91+
1 Jul-13   96.60%   1.18%   0.00%   0.31%   0.00%   0.00%
2 Aug-13   93.30%   1.18%   0.00%   0.72%   0.07%   0.00%
3 Sep-13   90.22%   1.04%   0.01%   0.99%   0.10%   0.01%
4 Oct-13   87.03%   1.17%   0.02%   1.18%   0.12%   0.03%
5 Nov-13   84.06%   1.04%   0.05%   1.36%   0.18%   0.03%
6 Dec-13   81.02%   1.14%   0.07%   1.68%   0.20%   0.05%
7 Jan-14   77.90%   1.25%   0.09%   1.47%   0.33%   0.03%
8 Feb-14   74.94%   1.17%   0.11%   1.72%   0.20%   0.04%
9 Mar-14   71.83%   1.34%   0.11%   1.63%   0.20%   0.03%
10 Apr-14   68.87%   1.28%   0.11%   1.84%   0.24%   0.04%
11 May-14   65.90%   1.33%   0.13%   1.83%   0.31%   0.06%
12 Jun-14   63.01%   1.33%   0.14%   2.05%   0.38%   0.07%
13 Jul-14   60.12%   1.39%   0.15%   2.04%   0.42%   0.10%
14 Aug-14   57.32%   1.38%   0.17%   2.07%   0.58%   0.13%
15 Sep-14   54.55%   1.40%   0.18%   2.29%   0.51%   0.14%
16 Oct-14   51.87%   1.40%   0.20%   2.28%   0.50%   0.16%
17 Nov-14   49.55%   1.07%   0.21%   2.57%   0.65%   0.19%
18 Dec-14   47.04%   1.36%   0.22%   2.64%   0.63%   0.20%
19 Jan-15   44.62%   1.33%   0.24%   2.30%   0.85%   0.19%
20 Feb-15   42.37%   1.22%   0.25%   2.61%   0.71%   0.16%

 

 
 

 

Honda Auto Receivables 2013-4 Owner Trust

 

Summary of Intial Pool Composition                
Closing Date           10/30/2013   Credit Grade (2)
Cutoff Date           10/1/2013     A   79.21%
Aggregate Principal Balance     $1,538,465,261     B   13.67%
Number of Receivables       89,961     C   5.71%
Average Principal Balance       $17,101     D   1.42%
Average Original Amt Financed     $23,188   Original Term (2)
Weighted Avg APR (1)       2.38%     1-24   0.17%
  Minimum           0.50%     25-36   6.58%
  Maximum           22.19%     37-48   2.51%
Weighted Average Original Term to Maturity (1)   59.67 months     49-60   76.21%
Weighted Average Remaining Term to Maturity (1) 46.57 months     61-72   14.54%
Non-Zero Weighted Average FICO score (1)   756   Top 5 State (2)(3)
Percentage New Vehicle (2)       87.47%     CA   16.56%
Percentage Used Vehicle (2)       12.53%     TX   8.98%
Percentage Honda (2)       85.18%     FL   5.72%
Percentage Acura (2)       14.82%     NJ   5.40%
                      NY   5.09%

 

      Pool       Cumulative   Delinquencies (5)
Month   Factor   Prepayments (4)   Net Loss   31-60   61-90   91+
1 Oct-13   96.73%   1.07%   0.00%   0.25%   0.00%   0.00%
2 Nov-13   93.62%   1.02%   0.00%   0.82%   0.04%   0.00%
3 Dec-13   90.51%   1.06%   0.01%   1.02%   0.10%   0.01%
4 Jan-14   87.28%   1.19%   0.02%   1.03%   0.16%   0.02%
5 Feb-14   84.20%   1.11%   0.03%   1.22%   0.12%   0.02%
6 Mar-14   80.95%   1.29%   0.04%   1.11%   0.15%   0.02%
7 Apr-14   77.76%   1.30%   0.04%   1.27%   0.16%   0.03%
8 May-14   74.67%   1.27%   0.06%   1.45%   0.18%   0.05%
9 Jun-14   71.63%   1.28%   0.07%   1.63%   0.26%   0.04%
10 Jul-14   68.53%   1.39%   0.08%   1.67%   0.28%   0.07%
11 Aug-14   65.56%   1.34%   0.10%   1.76%   0.40%   0.08%
12 Sep-14   62.58%   1.41%   0.11%   1.99%   0.37%   0.06%
13 Oct-14   59.74%   1.35%   0.13%   1.91%   0.36%   0.08%
14 Nov-14   57.20%   1.13%   0.14%   2.25%   0.48%   0.09%
15 Dec-14   54.44%   1.39%   0.15%   2.24%   0.53%   0.10%
16 Jan-15   51.84%   1.32%   0.17%   1.99%   0.59%   0.13%
17 Feb-15   49.39%   1.22%   0.18%   2.37%   0.48%   0.10%

 

 
 

 

Honda Auto Receivables 2014-1 Owner Trust

 

Summary of Intial Pool Composition                
Closing Date           2/27/2014   Credit Grade (2)
Cutoff Date           2/1/2014     A   79.57%
Aggregate Principal Balance     $1,538,461,540     B   13.55%
Number of Receivables       85,597     C   5.32%
Average Principal Balance       $17,973     D   1.57%
Average Original Amt Financed     $23,510   Original Term (2)
Weighted Avg APR (1)       2.23%     1-24   0.16%
  Minimum           0.50%     25-36   5.82%
  Maximum           22.74%     37-48   2.30%
Weighted Average Original Term to Maturity (1)   59.91 months     49-60   76.93%
Weighted Average Remaining Term to Maturity (1) 46.99 months     61-72   14.79%
Non-Zero Weighted Average FICO score (1)   754   Top 5 State (2)(3)
Percentage New Vehicle (2)       88.83%     CA   15.98%
Percentage Used Vehicle (2)       11.17%     TX   8.92%
Percentage Honda (2)       87.38%     NY   7.53%
Percentage Acura (2)       12.62%     FL   5.59%
                      NJ   4.94%

 

      Pool       Cumulative   Delinquencies (5)
Month   Factor   Prepayments (4)   Net Loss   31-60   61-90   91+
1 Feb-14   96.94%   0.92%   0.00%   0.24%   0.00%   0.00%
2 Mar-14   93.65%   1.16%   0.00%   0.53%   0.03%   0.00%
3 Apr-14   90.41%   1.17%   0.00%   0.74%   0.05%   0.00%
4 May-14   87.20%   1.18%   0.01%   0.87%   0.09%   0.01%
5 Jun-14   84.06%   1.17%   0.02%   1.08%   0.11%   0.02%
6 Jul-14   80.87%   1.26%   0.03%   1.19%   0.15%   0.02%
7 Aug-14   77.84%   1.18%   0.04%   1.29%   0.28%   0.03%
8 Sep-14   74.71%   1.30%   0.05%   1.46%   0.21%   0.06%
9 Oct-14   71.71%   1.25%   0.07%   1.48%   0.23%   0.05%
10 Nov-14   69.03%   1.01%   0.08%   1.86%   0.28%   0.06%
11 Dec-14   66.16%   1.23%   0.11%   1.81%   0.32%   0.07%
12 Jan-15   63.35%   1.24%   0.13%   1.75%   0.38%   0.07%
13 Feb-15   60.66%   1.18%   0.13%   1.96%   0.36%   0.06%

 

 
 

 

Honda Auto Receivables 2014-2 Owner Trust

 

Summary of Intial Pool Composition                
Closing Date           5/21/2014   Credit Grade (2)
Cutoff Date           5/1/2014     A   79.80%
Aggregate Principal Balance     $1,025,658,848     B   13.33%
Number of Receivables       57,855     C   5.27%
Average Principal Balance       $17,728     D   1.60%
Average Original Amt Financed     $23,532   Original Term (2)
Weighted Avg APR (1)       2.20%     1-24   0.15%
  Minimum           0.50%     25-36   5.77%
  Maximum           21.74%     37-48   2.24%
Weighted Average Original Term to Maturity (1)   59.89 months     49-60   77.35%
Weighted Average Remaining Term to Maturity (1) 46.53 months     61-72   14.49%
Non-Zero Weighted Average FICO score (1)   756   Top 5 State (2)(3)
Percentage New Vehicle (2)       89.52%     CA   16.87%
Percentage Used Vehicle (2)       10.48%     TX   8.78%
Percentage Honda (2)       85.56%     FL   5.51%
Percentage Acura (2)       14.44%     IL   5.26%
                      NY   5.15%

 

      Pool       Cumulative   Delinquencies (5)
Month   Factor   Prepayments (4)   Net Loss   31-60   61-90   91+
1 May-14   96.74%   1.05%   0.00%   0.20%   0.00%   0.00%
2 Jun-14   93.55%   1.07%   0.00%   0.58%   0.03%   0.00%
3 Jul-14   90.37%   1.09%   0.00%   0.81%   0.05%   0.01%
4 Aug-14   87.28%   1.07%   0.01%   0.95%   0.15%   0.01%
5 Sep-14   84.16%   1.13%   0.02%   1.09%   0.13%   0.02%
6 Oct-14   81.05%   1.16%   0.05%   1.13%   0.14%   0.02%
7 Nov-14   78.29%   0.92%   0.06%   1.34%   0.19%   0.04%
8 Dec-14   75.30%   1.15%   0.08%   1.37%   0.18%   0.05%
9 Jan-15   72.33%   1.20%   0.10%   1.35%   0.25%   0.03%
10 Feb-15   69.52%   1.10%   0.10%   1.55%   0.25%   0.03%

 

 
 

 

Honda Auto Receivables 2014-3 Owner Trust

 

Summary of Intial Pool Composition                
Closing Date           8/20/2014   Credit Grade (2)
Cutoff Date           8/1/2014     A   80.83%
Aggregate Principal Balance     $1,025,655,641     B   13.01%
Number of Receivables       58,613     C   4.38%
Average Principal Balance       $17,499     D   1.78%
Average Original Amt Financed     $23,397   Original Term (2)
Weighted Avg APR (1)       2.20%     1-24   0.30%
  Minimum           0.50%     25-36   5.51%
  Maximum           23.54%     37-48   2.20%
Weighted Average Original Term to Maturity (1)   59.87 months     49-60   77.78%
Weighted Average Remaining Term to Maturity (1) 46.73 months     61-72   14.21%
Non-Zero Weighted Average FICO score (1)   757   Top 5 State (2)(3)
Percentage New Vehicle (2)       90.28%     CA   16.59%
Percentage Used Vehicle (2)       9.72%     TX   8.86%
Percentage Honda (2)       85.96%     FL   5.35%
Percentage Acura (2)       14.04%     IL   4.85%
                      NJ   4.79%

 

      Pool       Cumulative   Delinquencies (5)
Month   Factor   Prepayments (4)   Net Loss   31-60   61-90   91+
1 Aug-14   96.75%   1.05%   0.00%   0.23%   0.00%   0.00%
2 Sep-14   93.56%   1.08%   0.00%   0.61%   0.03%   0.00%
3 Oct-14   90.40%   1.09%   0.00%   0.70%   0.07%   0.01%
4 Nov-14   87.53%   0.89%   0.01%   1.06%   0.13%   0.01%
5 Dec-14   84.38%   1.16%   0.02%   1.10%   0.13%   0.03%
6 Jan-15   81.33%   1.13%   0.04%   0.98%   0.22%   0.04%
7 Feb-15   78.41%   1.06%   0.05%   1.21%   0.16%   0.03%

 

 
 

 

Honda Auto Receivables 2014-4 Owner Trust

 

Summary of Intial Pool Composition                
Closing Date           11/26/2014   Credit Grade (2)
Cutoff Date           11/1/2014     A   81.06%
Aggregate Principal Balance     $1,025,641,026     B   12.98%
Number of Receivables       59,417     C   4.22%
Average Principal Balance       $17,262     D   1.75%
Average Original Amt Financed     $22,881   Original Term (2)
Weighted Avg APR (1)       2.18%     1-24   0.17%
  Minimum           0.50%     25-36   9.77%
  Maximum           21.54%     37-48   2.33%
Weighted Average Original Term to Maturity (1)   58.89 months     49-60   73.57%
Weighted Average Remaining Term to Maturity (1) 45.88 months     61-72   14.16%
Non-Zero Weighted Average FICO score (1)   757   Top 5 State (2)(3)
Percentage New Vehicle (2)       90.63%     CA   16.79%
Percentage Used Vehicle (2)       9.37%     TX    9.08%
Percentage Honda (2)       86.21%     FL    5.23%
Percentage Acura (2)       13.79%     IL    4.96%
                      NY    4.94%

 

      Pool       Cumulative   Delinquencies (5)
Month   Factor   Prepayments (4)   Net Loss   31-60   61-90   91+
1 Nov-14   96.92%   0.89%   0.00%   0.26%   0.00%   0.00%
2 Dec-14   93.68%   1.09%   0.00%   0.64%   0.06%   0.00%
3 Jan-15   90.44%   1.12%   0.01%   0.68%   0.11%   0.02%
4 Feb-15   87.29%   1.10%   0.02%   0.85%   0.10%   0.01%

 

 
 

 

Honda Auto Receivables 2015-1 Owner Trust

 

Summary of Intial Pool Composition                
Closing Date           1/28/2015   Credit Grade (2)
Cutoff Date           1/1/2015     A   80.89%
Aggregate Principal Balance     $1,282,051,840     B   11.92%
Number of Receivables       72,953     C   5.78%
Average Principal Balance       $17,574     D   1.41%
Average Original Amt Financed     $23,129   Original Term (2)
Weighted Avg APR (1)       2.13%     1-24   0.19%
  Minimum           0.50%     25-36   7.38%
  Maximum           22.05%     37-48   1.94%
Weighted Average Original Term to Maturity (1)   59.52 months     49-60   76.27%
Weighted Average Remaining Term to Maturity (1) 45.80 months     61-72   14.22%
Non-Zero Weighted Average FICO score (1)   758   Top 5 State (2)(3)
Percentage New Vehicle (2)       91.17%     CA   16.35%
Percentage Used Vehicle (2)       8.83%     TX   9.27%
Percentage Honda (2)       87.20%     FL   5.37%
Percentage Acura (2)       12.80%     IL   5.10%
                      NY   5.02%

 

      Pool       Cumulative   Delinquencies (5)
Month   Factor   Prepayments (4)   Net Loss   31-60   61-90   91+
1 Jan-15   96.67%   1.07%   0.00%   0.20%   0.00%   0.00%
2 Feb-15   93.56%   0.98%   0.00%   0.55%   0.03%   0.00%