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UNITEDSTATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C.20549

FORM 10-K

 ANNUAL REPORT PURSUANTTO SECTION 13 OR 15(d) OFSECURITIES EXCHANGE ACT OF 1934 [FEEREQUIRED]For the fiscal year ended March 31, 2005

OR

 TRANSITION REPORT PURSUANTTO SECTION 13 OR 15(d) OF THESECURITIES EXCHANGE ACT OF 1934[NO FEE REQUIRED]For the transition period from to

Commission file number 333-104875

Honda Auto Receivables 2004-2 OwnerTrust

(Exact name of registrant asspecified in itscharter)

|                                                                                                                                                                                                                                                                                                                                                                                |  |                                                                                                                                                                                                                                                            |  |  |  |  |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|--|--|--|
|                         Delaware                                                                                               |  |                     27-6019760                     |
| (Stateor other jurisdiction ofincorporation)                                                                                                                                                                                                                                                                                                                                   |  | (I.R.SEmployerIdentificationNo.)                                                                                                                                                                                                                           |
| 20800Madrona Avenue                            Torrance,CA                             |  |                     90503                          |
| (Addressof principal executive offices)                                                                                                                                                                                                                                                                                                                                        |  | (ZipCode)                                                                                                                                                                                                                                                  |
|                                                                                                                                                                                                                                                                                                                                                                                |

Registrant's telephonenumber, including area code: (310) 972-2511

Securities registered pursuant to Section 12(b) of theAct:

|                                                                                                                                                                                                                                                                    |  |                                                                                                                                                                                                                                                                                        |  |  |  |  |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|--|--|--|
|                     Titleof each class                     |  | Name of eachexchange                    on whichregistered                     |
| None                                                                                                                                                                                                                                                               |  | None                                                                                                                                                                                                                                                                                   |
|                                                                                                                                                                                                                                                                    |

Securitiesregistered pursuant to section 12(g) of the Act:

None(Title of class)

Indicate by check markwhether the registrant (1) has filed all reports required to be filedby Section 13 or 15(d) of the Securities Exchange Act of 1934 duringthe preceding 12 months (or for such shorter period that the registrantwas required to file such reports), and (2) has been subject to suchfiling requirements for the past 90 days.YES       NO   

Indicate by check markif disclosure of delinquent filers pursuant to Item 405 of RegulationS-K is not contained herein, and will not be contained, to the best ofregistrant's knowledge, in definitive proxy or informationstatements incorporated by reference in Part III of this Form 10-K orany amendment to this Form 10-K. 

Indicate by check markwhether the registrant is an accelerated filer (as defined in ExchangeAct Rule 12b-2 of the Act). YES       NO   

Registrant has no voting or non-voting class of common equityoutstanding as of the date of this report.

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PARTI

Item 1.    Business

N/A

Item2.    Properties

The Honda Auto Receivables 2004-2 Owner Trust(the "Trust") is a statutory trust formedpursuant to the trust agreement (the"Agreement,") between American HondaReceivables Corp., as Depositor (the"Depositor,"), and Chase Manhattan Bank USA,National Association, as Owner Trustee.

The Trust has issued fourclasses of notes ("Class A-1 Notes1.63%," "Class A-2 Notes2.52%," "Class A-3 Notes3.30%" and "Class A-4 Notes3.81%," collectively the"Notes") and a class of certificates. TheNotes are backed by a pledge of the Trust's assets. Interest andprincipal collections from the Trust's assets will be dividedamong the various classes of securities in specified proportions. TheTrust's assets include fixed rate motor vehicles retailinstallment sales contracts secured by new and used Honda and Acuramotor vehicles (the "Receivables").

The following tables set forth the number and aggregate principalamount of delinquent receivables, the delinquency rates, and aggregatenet losses of the Honda Auto Receivables 2004-2 Owner Trust as of March31, 2005:

1.    DelinquentContracts:

|                             |  |        |           |        |  |                |  |  |  |  |
|-----------------------------|--|--------|-----------|--------|--|----------------|--|--|--|--|
|                        |  |   | Contracts |   |  | Amount($000's) |
| a. 31 - 60 DaysDelinquent   |  | 1970   |           | 24305  |
| b.61 - 90 Days Delinquent   |  | 294    |           | 3413   |
| c.91 Days or MoreDelinquent |  | 38     |           | 510    |
|                             |

2.    DelinquentRatio:

|                      |  |                          |  |  |  |  |
|----------------------|--|--------------------------|--|--|--|--|
|                 |  | **Amount ($000's)** |
| a. DelinquentBalance |  | 28229                    |
| b.Total Pool Balance |  | 1324127                  |
| c. DelinquencyRatio  |  | 2.13%                    |
|                      |

3.    AggregateNetLosses:

|                         |  |                          |  |  |  |  |
|-------------------------|--|--------------------------|--|--|--|--|
|                    |  | **Amount ($000's)** |
| a. Cumulative NetLosses |  | 3572                     |
| b.Original Portfolio    |  | 1872757                  |
| c. Aggregate LossRatio  |  | 0.19%                    |
|                         |

Item 3.    LegalProceedings

N/A

Item 4.    Submission of Matters to aVote of Security Holders

No vote or consent of the holders ofthe Notes (the "Noteholders") was solicitedfor any purpose during the year ended March 31,2005.

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PART II

Item 5.    Market ForRegistrant's Common Equity, Related Stockholder Matters andIssuer Purchases of Equity Securities

All holders of records ofthe Class A Certificates issued by Honda Auto Receivables 2004-2 OwnerTrust (except for American Honda Receivables Corp.) are registeredthrough Cede & Co. as nominee for The Depository Trust Company("DTC"). The records of DTC indicate that asof March 31, 2005, there were: (i) fourteen (14) DTC participantsholding a position in the Class A-2 Notes 2.52%; (ii)twenty-three (23) DTC participants holding a position in the Class A-3Notes 3.30%; and (iii) twenty-nine (29) DTC participants holdinga position in the Class A-4 Notes 3.81%. The other previouslyissued class is no longer outstanding.

Item 6.    SelectedFinancial Data

N/A

Item 7.    Management'sDiscussion and Analysis of Financial Condition and Results ofOperations

N/A

Item 7A.    Quantitative andQualitative Disclosures About Market Risk

N/A

Item8.    Financial Statements and Supplementary Data

N/A

Item 9.    Changes In and Disagreements with Accountants onAccounting and Financial Disclosure

N/A

Item9A.    Controls and Procedures

N/A

Item9B.    Other Information

N/A

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PART III

Item 10.Directors and Executive Officers of the Registrant

N/A

Item 11.   Executive Compensation

N/A

Item12.   Security Ownership of Certain Beneficial Owners andManagement and Related Stockholder Matters

N/A

Item13.   Certain Relationships and Related Transactions

N/A

Item 14. Principal Accountant Fees and Services

N/A

PART IV

Item 15.    Exhibits and FinancialStatement Schedules

Exhibits required by Item 601 of RegulationS-K:

|                         |                                |
|-------------------------|--------------------------------|
| Exhibit No. 99(A)  | IndependentAccountants' Report |

|                        |                                         |
|------------------------|-----------------------------------------|
| Exhibit No.99(B)  | Servicer's Annual ComplianceCertificate |

|                         |                                       |
|-------------------------|---------------------------------------|
| Exhibit No. 99(C)  | AnnualStatement to Certificateholders |

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of theSecurities Exchange Act of 1934, the Registrant has duly caused thisreport to be signed on its behalf by the undersigned, thereunto dulyauthorized.

Honda Auto Receivables 2004-2 OwnerTrustBy: American Honda Finance Corporation, asServicer(Registrant)

|           |                                                                                                                                                                               |
|-----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| By:  | /s/ John I.Weisickle                     John I. Weisickle,Vice President |

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DEPOSITOR CERTIFICATION

I, John I. Weisickle, certifythat:

|          |                                                                                                                                                                                                                                                     |
|----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 1.  | I have reviewed this annualreport on Form 10-K, and all reports on Form 8-K containingdistribution or servicing reports filed in respect of periods includedin the year covered by this annual report, of Honda Auto Receivables2004-2 Owner Trust; |

|          |                                                                                                                                                                                                                                                                                                                                                           |
|----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 2.  | Based on myknowledge, the information in these reports, taken as a whole, does notcontain any untrue statement of a material fact or omit to state amaterial fact necessary to make the statements made, in light of thecircumstances under which such statements were made, not misleading asof the last day of the period covered by this annualreport; |

|          |                                                                                                                                                                                                                                   |
|----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.  | Based on my knowledge, thedistribution and servicing information required to be provided to thetrustee by the servicer under the related sale and servicing agreement,for inclusion in these reports is included in thesereports; |

|          |                                                                                                                                                                                                                                                                                                                                       |
|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4.  | Based on my knowledge andupon the annual compliance statement included in the report andrequired to be delivered to the trustee in accordance with the terms ofthe related sale and servicing agreement, and except as disclosed inthe reports, the servicer has fulfilled its obligations under the saleand servicing agreement; and |

|          |                                                                                                                                                                                                                                                                                                                                                                                                                 |
|----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 5.  | Thereports disclose all significant deficiencies relating to theservicer's compliance with the minimum servicing standards, basedupon the report provided by an independent public accountant, afterconducting a review in compliance with the Uniform Single AttestationProgram for Mortgage Bankers, or similar procedure as set forth in thesale and servicing agreement, that is included in these reports. |

Date: June 8, 2005

/s/ John I.Weisickle John I. Weisickle Treasurer of American HondaReceivables Corp., as depositor of Honda Auto Receivables2004-2 Owner Trust

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