SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                Amendment No. 2 to
                                    FORM 10-K

                                   (Mark One)

          X            Annual Report pursuant to Section 13 or 15(d)
____________________     of the Securities Exchange Act of 1934
                       for the fiscal year ended December 31, 2002

                                   or

                       Transition Report pursuant to Section 13 or 15(d)
                       of the Securities Exchange Act of 1934
_____________________  for the transition period from __________ to __________


                          MMCA Auto Owner Trust 2002-3
                       (Issuer with respect to the Notes)
                         MMCA Auto Receivables Trust II
                  (Originator of MMCA Auto Owner Trust 2002-3)
             (Exact Name of Registrant as Specified in its Charter)


                                    Delaware
--------------------------------------------------------------------------------
                 (State or Other Jurisdiction of Incorporation)



        333-91770                                        41-2049902
--------------------------------------------------------------------------------
(Commission File Number)                    (I.R.S. Employer Identification No.)



6363 Katella Avenue, Cypress, California                      90630-5205
--------------------------------------------------------------------------------
(Address of Principal Executive Offices)                      (Zip Code)


                                 (714) 236-1615
--------------------------------------------------------------------------------
              (Registrant's Telephone Number, Including Area Code)

                                 Not Applicable
--------------------------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)


Securities registered pursuant to Section 12(b) of the Act:   NONE

Securities registered pursuant to Section 12(g) of the Act:   NONE

         Indicate by check mark whether the registrant: (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports) and (2) has been subject to such
filing requirements for the past 90 days.

         Yes                X                        No
                       ____________                               ___________

         Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K is not contained herein, and will not be contained,
to the best of the registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K.

         Yes                X                        No
                       ____________                               ___________


         State the aggregate market value of the voting stock held by
non-affiliates of the registrant:                                     NONE

         Indicate the number of shares outstanding of the registrant's classes
of common stock, as of the last practicable date:                     NONE

         Documents incorporated by reference:                         NONE

--------------------------------------------------------------------------------

                                EXPLANATORY NOTE

         This amendment No. 2 to Form 10-K for the fiscal year ended December
31, 2002, as initially filed with the Securities and Exchange Commission on
March 31, 2003 and as amended on February 3, 2004, is being filed to include a
revised Exhibit 99.2.

--------------------------------------------------------------------------------


PART I

Item 1.   Business

Not Applicable


Item 2.  Properties

         MMCA Auto Owner Trust 2002-3 (the "Trust") was formed on August 5, 2002
pursuant to a Trust Agreement between MMCA Auto Receivables Trust II, as
depositor (the "Depositor"), and Wilmington Trust Company, as owner trustee (the
"Owner Trustee"). Pursuant to an Amended and Restated Trust Agreement, dated as
of August 5, 2002, between the Depositor and the Owner Trustee, the Trust issued
a certificate evidencing an interest in the trust property (the "Certificate").
The Certificate is held by the Depositor.

         Pursuant to an Indenture, dated as of August 1, 2002, between the
Trust, as issuer, and Bank of Tokyo-Mitsubishi Trust Company, as indenture
trustee (the "Indenture Trustee"), the Trust issued asset-backed notes
consisting of $70,000,000 1.7475% Class A-1 Asset Backed Notes, $165,000,000
2.15% Class A-2 Asset Backed Notes, $150,000,000 2.97% Class A-3 Asset Backed
Notes, $131,750,000 3.57% Class A-4 Asset Backed Notes, $50,375,000 3.86% Class
B Asset Backed Notes and $27,625,000 4.60% Class C Asset Backed Notes
(collectively, the "Notes"). The Notes were registered and publicly offered and
sold.

         The assets of the Trust primarily include a pool of motor vehicle
retail installment sale contracts originated by retailers and assigned to
Mitsubishi Motors Credit of America, Inc. ("MMCA") and secured by new and used
motor vehicles and sport-utility vehicles. The Trust's business activities
include acquiring and holding the assets of the Trust and distributing payments
on the Notes and the Certificate.

         Pursuant to a Sale and Servicing Agreement, dated as of August 1, 2002,
among the Trust, the Depositor and MMCA, MMCA administers and services the
Trust's pool of motor vehicle retail installment contacts.

         The following tables set forth the delinquency experience with respect
to the level payments due each month on the Trust's motor vehicle retail
installment sale contacts but does not include the delinquency experience with
respect to balloon payments due at the end of the term of the Trust's contacts
which provide for such payments. The period of delinquency is based on the
number of days for which more than 10% of a level payment is contractually past
due, and the delinquency rate as a percentage of the balance outstanding
represents delinquent dollars as a percentage of dollars outstanding.

<TABLE>
<CAPTION>
                                                                December 31, 2002
                                                   Contracts                       Balance Outstanding
Delinquent Contracts:

<S>  <C>                                                   <C>                 <C>
(i)  30-59 days                                            1,012               $22,951,943.12
(ii)  60-89 days                                             348                $7,921,987.56
(iii) 90 days or more                                        246                $5,708,992.20
</TABLE>

<TABLE>
<CAPTION>
                                                                December 31, 2002

                                           % of Contracts Outstanding   % of Balance Outstanding
Delinquency Rates:

<S>  <C>                                                    <C>                          <C>
(i)  30-59 days delinquent                                  3.79%                        3.67%
(ii)  60-89 days delinquent                                 1.30%                        1.27%
(iii) 90 days or more delinquent                            0.92%                        0.91%
</TABLE>


         The following table sets forth the net loss experience with respect to
the payments due each month on the Trust's motor vehicle retail installment sale
contracts, including contracts that provide for balloon payments at the end of
the terms of such contracts.


                                                   December 31, 2002

                                             Contracts       Balance Outstanding

Aggregate Net Losses                            186            $3,532,954.75


Item 3.  Legal Proceedings

         There is nothing to report with regard to this item.


Item 4.  Submission of Matters to a Vote of Security Holders

         There is nothing to report with regard to this item.


PART II

Item 5.  Market for the Registrant's Common Equity and Related Stockholder
         Matters

         The holder of record of all the Notes as of December 31, 2002 was Cede
& Co., the nominee of The Depository Trust Company ("DTC") in the United States.
An investor holding Notes is not entitled to receive a certificate representing
such Notes except in limited circumstances. Accordingly, Cede & Co. is the sole
holder of record of the Notes, which it holds on behalf of brokers, dealers,
banks and other participants in the DTC system. Such participants may hold Notes
for their own accounts or for the accounts of their customers. The address of
Cede & Co. is:

         Cede & Co.
         c/o The Depository Trust Company
         Seven Hanover Square
         New York, New York 10004

         The holder of record of the Certificate as of December 31, 2002 was the
Depositor.


Item 6.  Selected Financial Data

         Not applicable.


Item 7.  Management's Discussion and Analysis of Financial Condition and Results
         of Operations

         Not applicable.


Item 7A.  Quantitative and Qualitative Disclosures about Market Risk

         Not applicable.


Item 8.  Financial Statements and Supplementary Data

         Not applicable.


Item 9.  Changes in and Disagreements with Accountants on Accounting and
         Financial Disclosures

         There is nothing to report with regard to this item.


PART III

Item 10.  Directors and Executive Officers of the Registrant

         Not applicable.


Item 11.  Executive Compensation

         Not applicable.


Item 12.  Security Ownership of Certain Beneficial Owners and Management

         There is nothing to report with regard to this item.


Item 13.  Certain Relationships and Related Transactions

         There is nothing to report with regard to this item.


Item 14.  Controls and Procedures.

         Not applicable.


Item 15.  Exhibits, Financial Statement Schedules and Reports on Form 8-K

         (a)      1. Not applicable.
                  2. Not applicable.
                  3.  Exhibits:     99.1 Annual Statement as to Compliance
                                    99.2 Annual Independent Public Accountant's
                                         Servicing Report and accompanying
                                         management report

         (b) Reports on Form 8-K.

         The Registrant has filed Current Reports on Form 8-K with the
Securities and Exchange Commission dated August 27, 2002, September 13, 2002,
October 1, 2002, October 31, 2002, November 27, 2002, December 19, 2002, January
29, 2003 and February 21, 2003.

         (c) See (a)(3) above.

         (d) Not applicable.


SIGNATURES

         Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, as amended, the Registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly authorized.

MMCA AUTO OWNER TRUST 2002-3

By:      MMCA AUTO RECEIVABLES TRUST II


By:      /s/ Hideyuki Kitamura
         _____________________________
         Name: Hideyuki Kitamura
         Title: Secretary & Treasurer


MMCA AUTO RECEIVABLES TRUST II


By:      /s/ Hideyuki Kitamura
         _____________________________
         Name: Hideyuki Kitamura
         Title: Secretary & Treasurer


Date:    May 14, 2004


         SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO
SECTION 15(d) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED SECURITIES
PURSUANT TO SECTION 12 OF THE ACT.

         No annual report, proxy statement, form of proxy or other soliciting
material has been sent to holders of the Notes during the period covered by this
report and the Registrant does not intend to furnish such materials to holders
of the Notes subsequent to the filing of this report.