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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 fromto

Commission file number 333-104875

Honda Auto Receivables 2004-3 OwnerTrust(Exact name of registrant as specifiedin itscharter)

|                                              |  |                                  |  |  |  |  |
|----------------------------------------------|--|----------------------------------|--|--|--|--|
| Delaware                                     |  | 90-6050922                       |
| (Stateor other jurisdiction ofincorporation) |  | (I.R.SEmployerIdentificationNo.) |
|                                              |

|                                         |  |           |  |  |  |  |
|-----------------------------------------|--|-----------|--|--|--|--|
| 20800Madrona AvenueTorrance,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 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 90 days. YES[X]        NO [    ]

Indicate by checkmark if disclosure of delinquent filers pursuant to Item 405 ofRegulation S-K is not contained herein, and will not be contained, tothe best of registrant's knowledge, in definitive proxy orinformation statements incorporated by reference in Part III of thisForm 10-K or any amendment to this Form 10-K.    [X]

Indicate by check mark whether the registrant is an acceleratedfiler (as defined in Exchange Act Rule 12b-2 of the Act). YES[    ]        NO [X]

Registrant has novoting or non-voting class of common equity outstanding as of the dateof this report.

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PART I

Item 1. Business

N/A

Item 2. Properties

The Honda Auto Receivables 2004-3 Owner Trust(the "Trust") is a statutory trust formedpursuant to the trust agreement (the"Agreement") between American HondaReceivables Corp., as Depositor (the"Depositor"), and Deutsche Bank Trust CompanyDelaware, as Owner Trustee.

The Trust has issued four classes ofnotes ("Class A-1 Notes 2.0925%,""Class A-2 Notes 2.48%,""Class A-3 Notes 2.91%" and"Class A-4 Notes 3.28%," 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 2004-3 Owner Trust as of March31, 2005:

1. DelinquentContracts:

|                             |  |        |           |        |  |                |  |  |  |  |
|-----------------------------|--|--------|-----------|--------|--|----------------|--|--|--|--|
|                        |  |   | Contracts |   |  | Amount($000's) |
| a. 31 - 60 DaysDelinquent   |  |   | 1853      |   |  | 24712          |
| b.61 - 90 Days Delinquent   |  |   | 256       |   |  | 3118           |
| c.91 Days or MoreDelinquent |  |   | 39        |   |  | 456            |
|                             |

2.DelinquentRatio:

|                      |  |        |        |        |  |                |  |  |  |  |
|----------------------|--|--------|--------|--------|--|----------------|--|--|--|--|
|                 |  |   |   |   |  | Amount($000's) |
| a. DelinquentBalance |  |   |   |   |  | 28287          |
| b.Total PoolBalance  |  |   |   |   |  | 1276347        |
| c.DelinquencyRatio   |  |   |   |   |  | 2.22%          |
|                      |

3.Aggregate NetLosses:

|                         |  |        |        |        |  |                |  |  |  |  |
|-------------------------|--|--------|--------|--------|--|----------------|--|--|--|--|
|                    |  |   |   |   |  | Amount($000's) |
| a. Cumulative NetLosses |  |   |   |   |  | 2092           |
| b.OriginalPortfolio     |  |   |   |   |  | 1562279        |
| c.Aggregate LossRatio   |  |   |   |   |  | 0.13%          |
|                         |

Item3.  Legal Proceedings

N/A

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

Novote or consent of the holders of the Notes (the"Noteholders") was solicited for any purposeduring 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 2004-3 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) fourteen (14) DTC participantsholding a position in the Class A-1 Notes 2.0925%; (ii)thirty-nine (39) DTC participants holding a position in the Class A-2Notes 2.48%; (iii) thirty-eight (38) DTC participants holding aposition in the Class A-3 Notes 2.91%; and (iv) twenty-seven(27) DTC participants holding a position in the Class A-4 Notes3.28%.

Item 6.  Selected Financial Data

N/A

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

N/A

Item 7A.  Quantitative and Qualitative DisclosuresAbout Market Risk

N/A

Item 8.  FinancialStatements and Supplementary Data

N/A

Item 9. Changes In and Disagreements with Accountants on Accounting andFinancial Disclosure

N/A

Item 9A. Controls andProcedures

N/A

Item 9B. 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 Certificate |

|                         |                                      |
|-------------------------|--------------------------------------|
| Exhibit No. 99(C)  | Annual Statement toCertificateholder |

SIGNATURES

Pursuant to therequirements of Section 13 or 15(d) of the Securities Exchange Act of1934, the Registrant has duly caused this report to be signed on itsbehalf by the undersigned, thereunto duly authorized.

Honda Auto Receivables 2004-3 Owner TrustBy: AmericanHonda Finance Corporation, as Servicer(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 Receivables2004-3 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 servicingstandards, based upon the report provided by an independent publicaccountant, after conducting a review in compliance with the UniformSingle Attestation Program for Mortgage Bankers, or similar procedureas set forth in the sale and servicing agreement, that is included inthese reports. |

Date: June 8, 2005

/s/John I.Weisickle                                                     John I. Weisickle Treasurer of American Honda ReceivablesCorp., as depositor of Honda Auto Receivables 2004-3 OwnerTrust

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