Item 1. Business
The following tables set forth the number and aggregate principal amount of delinquent receivables, the delinquency rates, and aggregate net losses of the Honda Auto Receivables 2000-1 Owner Trust as of March 31, 2003 :
1. Delinquent Contracts:
Contracts
Amount ($000's)
a. 31 - 60 Days Delinquent
1,127
7,028
b. 61 - 90 Days Delinquent
1,776
c. 91 Days or More Delinquent
2. Delinquent Ratio:
Amount ($000's)
a. Delinquent Balance
9,047
b. Total Pool Balance
214,048
c. Delinquency Ratio
4.23%
3. Aggregate Net Losses:
Amount ($000's)
a. Cumulative Net Losses
3,685
b. Original Portfolio
1,100,025
c. Aggregate Loss Ratio
0.33%
Item 2.
Item 2. Properties
The Honda Auto Receivables 2000-1 Owner Trust (the "Trust") is a Delaware business trust
formed pursuant to the trust agreement (the "Trust Agreement") between American Honda
Receivables Corp., as seller (the "Seller"), and Bankers Trust (Delaware), as owner trustee
(the "Owner Trustee").
The trust issued four classes of notes and a class of certificates (respectively, the "Class A-1
Notes 6.71125% ", "Class A-2 Notes 6.650% ", "Class A-3 Notes 6.620%", "Class A-4 Notes
6.670% "). The notes are backed by a pledge of the trust's assets.
The trust's assets include fixed rate motor vehicle retail installment sales contracts secured by
new and used Honda and Acura motor vehicles (the "Receivables").
Item 3.
Item 3. Legal Proceedings
N/A
Item 4.
Item 4. Submission of Matters to a Vote of Securityholders
N/A
PART II
Item 5.
Item 5. Market For Registrant's Common Equity and Related Stockholder Matters
All holders of records of the Class A Certificates issued by Honda Auto
Receivables 2000-1 Owner Trust (except for American Honda Receivables Corp.)
are registered through the nominee of Cede.
Item 6.
Item 6. Selected Financial Data
N/A
Item 7.
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations
N/A
Item 8.
Item 8. Financial Statements and Supplementary Data
N/A
Item 9.
Item 9. Changes In and Disagreements with Accountants on Accounting and Financial Disclosure
N/A
PART III
Item 10.
Item 10. Directors and Executive Officers of the Registrant
N/A
Item 11.
Item 11. Executive Compensation
N/A
Item 12.
Item 12. Security Ownership of Certain Beneficial Owners and Management
N/A
Item 13.
Item 13. Certain Relationships and Related Transactions
N/A
PART IV
Item14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K.
(a) Exhibit No. 99
Description
Annual Statement to the Trustees pursuant to Section 3.12 of the Sale and Servicing Agreement, dated as of October 1, 2000 among American Honda Receivables Corp., as Seller, American Honda Finance Corporation, as Servicer, Bankers Trust (Delaware) Company, as Owner Trustee and U.S.Bank National Bank, as Indenture Trustee.
(b) Reports
Form 8K
Reports
Date
The month of Apr. 2002
(May.15, 2002)
The month of May. 2002
(Jun. 17, 2002)
The month of Jun. 2002
(Jul. 15, 2002)
The month of Jul. 2002
(Aug. 15, 2002)
The month of Aug. 2002
(Sept. 16, 2002)
The month of Sept. 2002
(Oct. 15, 2002)
The month of Oct. 2002
(Nov.15, 2002)
The month of Nov. 2002
(Dec.16, 2002)
The month of Dec. 2002
(Jan.15, 2003)
The month of Jan. 2003
(Feb.18, 2003)
The month of Feb. 2003
(Mar.17, 2003)
The month of Mar. 2003
(Apr.15, 2003)
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Honda Auto Receivables 2000-1 Owner Trust
By: American Honda Finance Corporation, as Servicer
(Registrant)
By:
/s/ John I. Weisickle
John I. Weisickle, Vice President