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UNITEDSTATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C.20549

FORM 10-K

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

OR

[   ] TRANSITION REPORTPURSUANT TO SECTION 13 OR 15(d) OF THESECURITIES EXCHANGE ACT OF1934 [NO FEE REQUIRED]For the transition period from             to            

Commission file number 333-71022

Honda Auto Receivables 2002-3 OwnerTrust

(Exact name of registrant asspecified in itscharter)

|                                              |  |                                  |  |  |  |  |
|----------------------------------------------|--|----------------------------------|--|--|--|--|
| **Delaware**                                 |  | **04-7814898**                   |
| (Stateor other jurisdiction ofincorporation) |  | (I.R.SEmployerIdentificationNo.) |
|                                              |

|                                         |  |           |  |  |  |  |
|-----------------------------------------|--|-----------|--|--|--|--|
| **20800Madrona AvenueTorrance,CA**      |  | **90503** |
| (Address ofprincipal 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 each exchangeon whichregistered** |
| **None**               |  | **None**                                    |
|                        |

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

**None**(Title of class)

Indicate bycheck mark whether the registrant (1) has filed all reports required tobe filed by Section 13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that theregistrant was required to file such reports), and (2) has been subjectto such filing requirements for the past 90days.    YES   [X]        NO   [    ]

Indicate by check mark if disclosure of delinquent filers pursuantto Item 405 of Regulation S-K is not contained herein, and will not becontained, to the best of registrant's knowledge, in definitiveproxy or information statements incorporated by reference in Part IIIof this Form 10-K or any amendment to this Form10-K.    [X]

Indicate by check mark whether theregistrant is an accelerated filer (as defined in Exchange Act Rule12b-2 of theAct).    YES   [    ]        NO   [X]

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

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PART I

Item 1.   Business

N/A

Item 2.   Properties

The Honda AutoReceivables 2002-3 Owner Trust (the "Trust")is a Delaware business trust formed pursuant 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 issuedfour classes of notes ("Class A-1 Notes1.8225%," "Class A-2 Notes2.26%," "Class A-3 Notes3.00%" and "Class A-4 Notes3.61%," 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.

The Trust'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 2002-3 Owner Trust as of March31, 2005:

1.   DelinquentContracts:

|                              |  |        |           |        |  |                |  |  |  |  |
|------------------------------|--|--------|-----------|--------|--|----------------|--|--|--|--|
|                         |  |   | Contracts |   |  | Amount($000's) |
| a. 31 - 60 DaysDelinquent    |  |   | 1016      |   |  | 7078           |
| b. 61 - 90 DaysDelinquent    |  |   | 255       |   |  | 1797           |
| c. 91 Days orMore Delinquent |  |   | 53        |   |  | 447            |
|                              |

2.DelinquentRatio:

|                      |  |        |        |        |  |                    |  |  |  |  |
|----------------------|--|--------|--------|--------|--|--------------------|--|--|--|--|
|                 |  |   |   |   |  | **Amount($000's)** |
| a. DelinquentBalance |  |   |   |   |  | 9323               |
| b. Total PoolBalance |  |   |   |   |  | 172469             |
| c. DelinquencyRatio  |  |   |   |   |  | 5.41%              |
|                      |

3.Aggregate NetLosses:

|                         |  |        |        |        |  |                    |  |  |  |  |
|-------------------------|--|--------|--------|--------|--|--------------------|--|--|--|--|
|                    |  |   |   |   |  | **Amount($000's)** |
| a. Cumulative NetLosses |  |   |   |   |  | 10090              |
| b. OriginalPortfolio    |  |   |   |   |  | 1,030,000          |
| c. AggregateLoss Ratio  |  |   |   |   |  | 0.98%              |
|                         |

Item3.   Legal Proceedings

N/A

Item 4.   Submissionof Matters to a Vote of Security Holders

No vote or consent ofthe holders of the Notes (the "Noteholders")was solicited for 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 2002-3 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) twenty-nine (29) DTC participantsholding a position in the Class A-3 Notes 3.00%; and (ii) fifty(50) DTC participants holding a position in the Class A-4 Notes3.61%. The other previously issued classes are no longeroutstanding.

Item 6.   Selected Financial Data

N/A

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

N/A

Item 7A.   Quantitative and Qualitative Disclosures About MarketRisk

N/A

Item 8.   Financial Statements andSupplementary Data

N/A

Item 9.   Changes In andDisagreements with Accountants on Accounting and FinancialDisclosure

N/A

Item 9A.   Controls andProcedures

N/A

Item 9B.   Other Information

N/A

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PART III

Item 10.   Directorsand Executive Officers of the Registrant

N/A

Item11.   Executive Compensation

N/A

Item12.   Security Ownership of Certain Beneficial Owners and Managementand 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 Certificateholder |

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 2002-3 OwnerTrustBy: American Honda Finance Corporation, asServicer(Registrant)

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

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DEPOSITORCERTIFICATION

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 Receivables2002-3 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 JohnI. Weisickle Treasurer of American Honda Receivables Corp.,as depositor of Honda Auto Receivables 2002-3 OwnerTrust

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