0001144204-15-058890.txt : 20151009 0001144204-15-058890.hdr.sgml : 20151009 20151009151053 ACCESSION NUMBER: 0001144204-15-058890 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20151009 0000890975 0000864270 ITEM INFORMATION: ABS Informational and Computational Material ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20151009 DATE AS OF CHANGE: 20151009 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: 151152920 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 v421125_8k.htm 8-K

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): October 9, 2015

Honda Auto Receivables 2015-4 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/ Jan Zimmerman
		Name: Jan Zimmerman Title: Secretary

Dated: October 9, 2015

EXHIBIT INDEX

Exhibit No.	Description

99.1	Static Pool Information

EX-99.1 2 v421125_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%
38	Mar-15	10.75%	1.42%	0.31%	3.45%	1.39%	0.64%
39	Apr-15	9.67%	1.31%	0.30%	3.58%	1.64%	0.58%
40	May-15	0.00%		0.30%

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%
36	Mar-15	13.19%	1.42%	0.25%	3.25%	1.22%	0.32%
37	Apr-15	11.97%	1.32%	0.24%	3.37%	1.31%	0.39%
38	May-15	10.83%	1.26%	0.24%	3.42%	1.21%	0.49%
39	Jun-15	9.71%	1.37%	0.24%	3.46%	1.30%	0.51%
40	Jul-15	0.00%		0.24%

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%
33	Mar-15	17.49%	1.39%	0.31%	3.37%	1.36%	0.39%
34	Apr-15	16.08%	1.25%	0.31%	3.35%	1.38%	0.46%
35	May-15	14.76%	1.18%	0.31%	3.56%	1.30%	0.61%
36	Jun-15	13.45%	1.29%	0.31%	3.61%	1.46%	0.50%
37	Jul-15	12.18%	1.36%	0.31%	3.48%	1.39%	0.66%
38	Aug-15	11.01%	1.26%	0.30%	3.55%	1.74%	0.73%

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%
30	Mar-15	20.18%	1.46%	0.31%	3.15%	1.20%	0.45%
31	Apr-15	18.62%	1.38%	0.31%	3.09%	1.31%	0.43%
32	May-15	17.17%	1.30%	0.31%	3.29%	1.22%	0.55%
33	Jun-15	15.77%	1.33%	0.31%	3.26%	1.33%	0.60%
34	Jul-15	14.44%	1.32%	0.31%	3.25%	1.30%	0.66%
35	Aug-15	13.21%	1.23%	0.31%	3.38%	1.52%	0.69%

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%
27	Mar-15	26.15%	1.42%	0.26%	2.50%	0.74%	0.22%
28	Apr-15	24.41%	1.31%	0.26%	2.64%	0.75%	0.25%
29	May-15	22.72%	1.34%	0.26%	2.67%	0.82%	0.30%
30	Jun-15	21.11%	1.31%	0.27%	2.63%	0.83%	0.30%
31	Jul-15	19.58%	1.29%	0.28%	2.60%	0.89%	0.35%
32	Aug-15	18.13%	1.25%	0.28%	2.59%	1.16%	0.34%

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%
24	Mar-15	33.36%	1.44%	0.30%	2.49%	0.82%	0.18%
25	Apr-15	31.37%	1.32%	0.31%	2.67%	0.89%	0.20%
26	May-15	29.50%	1.24%	0.31%	2.81%	0.93%	0.26%
27	Jun-15	27.60%	1.39%	0.31%	2.81%	1.05%	0.31%
28	Jul-15	25.75%	1.40%	0.33%	2.72%	1.01%	0.34%
29	Aug-15	24.03%	1.31%	0.33%	2.69%	1.16%	0.45%

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%
21	Mar-15	39.99%	1.42%	0.24%	2.49%	0.68%	0.17%
22	Apr-15	37.76%	1.35%	0.25%	2.55%	0.74%	0.18%
23	May-15	35.64%	1.29%	0.26%	2.63%	0.76%	0.24%
24	Jun-15	33.50%	1.39%	0.27%	2.70%	0.80%	0.23%
25	Jul-15	31.40%	1.44%	0.28%	2.54%	0.91%	0.25%
26	Aug-15	29.44%	1.35%	0.29%	2.43%	1.18%	0.31%

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%
18	Mar-15	46.79%	1.45%	0.18%	2.11%	0.52%	0.09%
19	Apr-15	44.34%	1.38%	0.19%	2.27%	0.52%	0.13%
20	May-15	41.93%	1.40%	0.20%	2.37%	0.58%	0.16%
21	Jun-15	39.60%	1.39%	0.20%	2.38%	0.63%	0.20%
22	Jul-15	37.31%	1.43%	0.21%	2.39%	0.60%	0.23%
23	Aug-15	35.12%	1.39%	0.23%	2.24%	0.86%	0.21%

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%
14	Mar-15	57.83%	1.37%	0.13%	1.82%	0.34%	0.07%
15	Apr-15	55.11%	1.33%	0.14%	1.87%	0.38%	0.08%
16	May-15	52.49%	1.30%	0.15%	2.06%	0.40%	0.09%
17	Jun-15	49.88%	1.35%	0.16%	2.14%	0.49%	0.11%
18	Jul-15	47.31%	1.38%	0.17%	2.05%	0.50%	0.13%
19	Aug-15	44.86%	1.33%	0.18%	2.10%	0.72%	0.15%

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%
11	Mar-15	66.53%	1.31%	0.11%	1.42%	0.20%	0.03%
12	Apr-15	63.64%	1.28%	0.11%	1.59%	0.27%	0.03%
13	May-15	60.87%	1.23%	0.11%	1.62%	0.32%	0.07%
14	Jun-15	57.94%	1.43%	0.12%	1.75%	0.31%	0.05%
15	Jul-15	55.16%	1.36%	0.13%	1.64%	0.41%	0.06%
16	Aug-15	52.52%	1.29%	0.13%	1.70%	0.57%	0.11%

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%
8	Mar-15	75.28%	1.28%	0.07%	1.04%	0.19%	0.03%
9	Apr-15	72.16%	1.34%	0.08%	1.17%	0.18%	0.05%
10	May-15	69.21%	1.24%	0.09%	1.35%	0.22%	0.05%
11	Jun-15	66.30%	1.26%	0.11%	1.38%	0.29%	0.05%
12	Jul-15	63.32%	1.38%	0.12%	1.35%	0.31%	0.08%
13	Aug-15	60.50%	1.30%	0.13%	1.50%	0.44%	0.09%

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%
5	Mar-15	83.93%	1.30%	0.03%	0.87%	0.05%	0.00%
6	Apr-15	80.73%	1.23%	0.04%	0.97%	0.10%	0.00%
7	May-15	77.53%	1.27%	0.04%	1.13%	0.14%	0.02%
8	Jun-15	74.33%	1.33%	0.05%	1.22%	0.16%	0.03%
9	Jul-15	71.22%	1.31%	0.06%	1.20%	0.16%	0.06%
10	Aug-15	68.16%	1.33%	0.08%	1.29%	0.29%	0.04%

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%
3	Mar-15	90.15%	1.24%	0.00%	0.52%	0.05%	0.01%
4	Apr-15	86.94%	1.13%	0.01%	0.65%	0.05%	0.01%
5	May-15	83.74%	1.16%	0.01%	0.82%	0.08%	0.03%
6	Jun-15	80.50%	1.24%	0.02%	0.91%	0.09%	0.01%
7	Jul-15	77.30%	1.26%	0.03%	1.02%	0.14%	0.02%
8	Aug-15	74.22%	1.21%	0.04%	1.11%	0.23%	0.03%

Honda Auto Receivables 2015-2 Owner Trust

Summary of Intial Pool Composition
Closing Date		5/20/2015	Credit Grade ⁽²⁾
Cutoff Date		5/1/2015		A	80.65%
Aggregate Principal Balance		$1,390,820,584		B	12.01%
Number of Receivables		80,385		C	5.83%
Average Principal Balance		$17,302		D	1.50%
Average Original Amt Financed		$23,575	Original Term ⁽²⁾
Weighted Avg APR ⁽¹⁾		2.12%		1-24	0.13%
	Minimum	0.50%		25-36	7.65%
	Maximum	20.64%		37-48	2.38%
Weighted Average Original Term to Maturity ⁽¹⁾		59.67 months		49-60	73.21%
Weighted Average Remaining Term to Maturity ⁽¹⁾		46.28 months		61-72	16.62%
Non-Zero Weighted Average FICO score ⁽¹⁾		759	Top 5 State ⁽²⁾⁽³⁾
Percentage New Vehicle ⁽²⁾		91.97%		CA	17.04%
Percentage Used Vehicle ⁽²⁾		8.03%		TX	8.81%
Percentage Honda ⁽²⁾		86.18%		IL	5.61%
Percentage Acura ⁽²⁾		13.82%		FL	5.08%
				NJ	4.75%

		Pool		Cumulative	Delinquencies ⁽⁵⁾
Month		Factor	Prepayments⁽⁴⁾	Net Loss	31-60	61-90	91+
1	May-15	96.66%	1.10%	0.00%	0.20%	0.00%	0.00%
2	Jun-15	93.28%	1.20%	0.00%	0.53%	0.03%	0.00%
3	Jul-15	89.96%	1.20%	0.00%	0.68%	0.05%	0.01%
4	Aug-15	86.74%	1.17%	0.01%	0.84%	0.14%	0.02%

Honda Auto Receivables 2015-3 Owner Trust

Summary of Intial Pool Composition
Closing Date		8/19/2015	Credit Grade ⁽²⁾
Cutoff Date		8/1/2015		A	80.91%
Aggregate Principal Balance		$1,168,453,085		B	12.20%
Number of Receivables		65,177		C	5.37%
Average Principal Balance		$17,927		D	1.51%
Average Original Amt Financed		$23,867	Original Term ⁽²⁾
Weighted Avg APR ⁽¹⁾		2.13%		1-24	0.14%
	Minimum	0.50%		25-36	7.28%
	Maximum	22.24%		37-48	2.57%
Weighted Average Original Term to Maturity ⁽¹⁾		59.70 months		49-60	73.77%
Weighted Average Remaining Term to Maturity ⁽¹⁾		46.70 months		61-72	16.24%
Non-Zero Weighted Average FICO score ⁽¹⁾		761	Top 5 State ⁽²⁾⁽³⁾
Percentage New Vehicle ⁽²⁾		93.19%		CA	17.46%
Percentage Used Vehicle ⁽²⁾		6.81%		TX	9.30%
Percentage Honda ⁽²⁾		86.61%		IL	5.71%
Percentage Acura ⁽²⁾		13.39%		FL	5.08%
				VA	4.54%

		Pool		Cumulative	Delinquencies ⁽⁵⁾
Month		Factor	Prepayments⁽⁴⁾	Net Loss	31-60	61-90	91+
1	Aug-15	96.66%	1.10%	0.00%	0.20%	0.00%	0.00%