|American Honda Finance Corporation                                         
|---------------------------------------------------------------------------
|Servicer's Certificate - Honda Auto Lease Trust 1999-A                     
|For the Fiscal Year Ended March 31, 2002                                   
|                                                                           
|                                                                           
|Pool Data - Original Deal Parameters                                       
|Aggregate Net Investment Value (ANIV)                                      
|                                                                           
|Servicer Advance                                                           
|Servicer Payahead                                                          
|Number of Contracts                                                        
|Weighted Average Lease Rate (Discounted)                                   
|Weighted Average Lease Rate                                                
|Weighted Average Remaining Term                                            
|Servicing Fee Percentage (annual)                                          
|                                                                           
|                                                                           
|Pool Data - Current Fiscal Year                                            
|Aggregate Net Investment Value                                             
|Number of Current Contracts                                                
|Weighted Average Lease Rate (Discounted)                                   
|Weighted Average Lease Rate                                                
|Weighted Average Remaining Term                                            
|                                                                           
|                                                                           
|Reserve Fund:                                                              
|Initial Deposit Amount                                                     
|Specified Reserve Fund Percentage (if Tests i, ii and iii are satisfied)   
|Specified Reserve Fund Amount (if Tests i, ii and iii are satisfied)       
|Specified Reserve Fund Percentage (if Tests i, ii or iii are not satisfied)
|Specified Reserve Fund Amount (if Tests i, ii or iii are not satisfied)    
|                                                                           
|Beginning Balance                                                          
|Net Investment Income Retained                                             
|Deposit Amount                                                             
|Withdrawal Amount                                                          
|Excess Reserve Amount Released                                             
|Ending Balance                                                             
|Specified Reserve Fund Balance                                             
|Net Investment Income                                                      
|Cumulative Withdrawal Amount                                               
|                                                                           
|Credit Losses :                                                            
|Contracts Charged-off During the Fiscal Year                               
|Discounted Principal Balance                                               
|Net Liquidation Proceeds for the Fiscal Year                               
|Recoveries - Previously Charged-off Contracts                              
|Aggregate Credit Losses for the Fiscal Year                                
|                                                                           
|Repossessions for the Collection Period                                    
|Cumulative Credit Losses for all Periods                                   
|                                                                           
|Ratio of Net Credit Losses to the Average ANIV Balance                     
|for Each Collection Period:                                                
|Second Preceding Collection Period                                         
|First Preceding Collection Period                                          
|Current Collection Period                                                  
|Test (i) (Charge-off Rate Test)                                            
|Three Month Average                                                        
|Charge-off Rate Test (Test satisfied if <= 1.5%)                           

|                                                                                         |        |            |         |                 |         |                  
|---------------------------------------------------------------------------------------- | ------ | ---------- | ------- | --------------- | ------- | -----------------
|                                                                                         |        |            |         |                 |         | Discounted       
|Delinquent Contracts:                                                                    |        |            | Percent | Accounts        | Percent | Principal Balance
|31-60 Days Delinquent                                                                    |        |            | 1.51%   | 733             | 1.47%   | 9,668,327.69     
|61-90 Days Delinquent                                                                    |        |            | 0.30%   | 144             | 0.28%   | 1,872,303.93     
|Over 90 Days Delinquent                                                                  |        |            | 0.21%   | 101             | 0.20%   | 1,316,705.85     
|Total Delinquencies                                                                      |        |            |         | 978             |         | 12,857,337.47    
|                                                                                         |        |            |         |                 |         |                  
|Ratio of Number of Contracts Delinquent More than 60 days to the Outstanding             |        |            |         |                 |         |                  
|Number of Receivables as of Each Collection Period (Includes Repossessions):             |        |            |         |                 |         |                  
|Second Preceding Collection Period                                                       |        |            |         |                 |         | 0.63%            
|First Preceding Collection Period                                                        |        |            |         |                 |         | 0.56%            
|Current Collection Period                                                                |        |            |         |                 |         | 0.50%            
|                                                                                         |        |            |         |                 |         |                  
|Test (ii) (Delinquency Rate Test)                                                        |        |            |         |                 |         |                  
|Three Month Average                                                                      |        |            |         |                 |         | 0.56%            
|Delinquency Rate Test (Test satisfied if <= 1.5%)                                        |        |            |         |                 |         | Test Satisfied   
|                                                                                         |        |            |         |                 |         |                  
|                                                                                         |        |            |         |                 |         |                  
|Residual Value (Gain) Loss:                                                              |        |            |         | Vehicles        |         |                  
|Matured Lease Vehicle Inventory Sold During the Fiscal Year                              |        |            |         | 40097           |         | 574,440,648.71   
|Net Liquidation Proceeds                                                                 |        |            |         |                 |         | (525,252,397.31) 
|Net Residual Value (Gain) Loss                                                           |        |            |         |                 |         | 49,188,251.40    
|Cumulative Residual Value (Gain) Loss all periods                                        |        |            |         |                 |         | 49,188,251.40    
|                                                                                         |        |            |         |                 |         |                  
|                                                                                         |        |            |         | Average         |         | Average          
|Matured Vehicles Sold for                                                                | Number | Scheduled  | Sale    | Net Liquidation |         | Residual         
|Each Collection Period:                                                                  | Sold   | Maturities | Ratio   | Proceeds        |         | Value            
|Second Preceding Collection Period                                                       | 5641   | 5348       | 100.00% | 12,279.08       |         | 14,065.48        
|First Preceding Collection Period                                                        | 6446   | 6150       | 100.00% | 13,222.45       |         | 13,808.62        
|Current Collection Period                                                                | 6007   | 5872       | 100.00% | 13,318.74       |         | 13,684.36        
|Three Month Average                                                                      |        |            |         | 12,940.09       |         | 13,852.82        
|Ratio of Three Month Average Net Liquidation Proceeds to Average Residual Value          |        |            |         |                 |         | 93.41%           
|                                                                                         |        |            |         |                 |         |                  
|                                                                                         |        |            |         | Current Period  |         |                  
|Test (iii) (Residual Value Test)                                                         |        |            |         | Amount/Ratio    |         | Test Met?        
|a) Number of Vehicles Sold > 45% of Scheduled Maturities and >= 500 Scheduled Maturities |        |            |         | 100.00%         |         | No               
|b) 3 Month Average Matured Leased Vehicle Proceeds < 75% of Average Residual Values      |        |            |         | 93.41%          |         | Yes              
|Residual Value Test  (Test satisfied if tests a or b = Yes)                              |        |            |         |                 |         | Test Satisfied   
|                                                                                         |        |            |         |                 |         |                  
|Servicer's Fee Due:                                                                      |        |            |         |                 |         | Amount           
|Prior Cumulative Servicer's Fee Shortfall                                                |        |            |         |                 |         | -                
|Servicer's Fee Due This Fiscal Year                                                      |        |            |         |                 |         | 15,313,733.26    
|Servicer's Fee Paid                                                                      |        |            |         |                 |         | 15,313,733.26    
|Current Cumulative Servicer's Fee Shortfall                                              |        |            |         |                 |         | -                
|                                                                                         |        |            |         |                 |         |                  
|Advances and Payaheads :                                                                 |        |            |         |                 |         | Amount           
|Advances                                                                                 |        |            |         |                 |         |                  
|Prior Outstanding Servicer Advances                                                      |        |            |         |                 |         | 1,106,280.47     
|Net Advance/(Recovery) This Fiscal Year                                                  |        |            |         |                 |         | 3,521,093.37     
|Nonrecoverable Prior Advances                                                            |        |            |         |                 |         | (3,918,335.39)   
|Current Outstanding Servicer Advances                                                    |        |            |         |                 |         | 709,038.45       
|Payahead Account                                                                         |        |            |         |                 |         |                  
|Prior Outstanding Payahead Balance                                                       |        |            |         |                 |         | 7,318,613.72     
|Net Allocation/(Collections) of Advanced Payments This Fiscal Year                       |        |            |         |                 |         | 5,317,946.10     
|Current Outstanding Payahead Balance                                                     |        |            |         |                 |         | 2,000,667.62     

|                                                                              |                  |                  |                |                |                |                  |               
|----------------------------------------------------------------------------- | ---------------- | ---------------- | -------------- | -------------- | -------------- | ---------------- | --------------
|                                                                              |                  |                  |                |                |                |                  |               
|                                                                              |                  | Securities       | Class A1       | Class A2       | Class A3       | Class A4         | Class A5      
|Collections for the Fiscal Year:                                              | Total            | Balance (99.8%)  | Balance        | Balance        | Balance        | Balance          | Balance       
|Interest                                                                      |                  |                  |                |                |                |                  |               
|Scheduled Interest Collections                                                | 116,329,065.69   | 116,096,407.56   | -              | -              | -              | -                | -             
|Interest Related To Prepayments in Full                                       | 773,594.84       | 772,047.65       | -              | -              | -              | -                | -             
|Interest Related To Full Term and Over Term Payoffs                           | -                | -                | -              | -              | -              | -                | -             
|Interest Related to Reallocation Payments                                     | 621,868.41       | 620,624.67       | -              | -              | -              | -                | -             
|Excess Liquidation Proceeds                                                   | -                | -                | -              | -              | -              | -                | -             
|Recoveries                                                                    | 4,758,515.46     | 4,748,998.43     | -              | -              | -              | -                | -             
|Available Interest                                                            | 122,483,044.40   | 122,238,078.31   | -              | -              | -              | -                | -             
|Principal                                                                     |                  |                  |                |                |                |                  |               
|Scheduled Principal Collections                                               | 230,865,647.11   | 230,403,915.82   | -              | -              | -              | -                | -             
|Prepayments In Full                                                           | 189,697,290.47   | 189,317,895.89   | -              | -              | -              | -                | -             
|Full Term and Over Term Payoffs                                               | 439,164,344.58   | 438,286,015.89   | -              | -              | -              | -                | -             
|Reallocation Payment                                                          | 55,406,350.33    | 55,295,537.63    | -              | -              | -              | -                | -             
|Net Liquidation Proceeds                                                      | 544,734,124.22   | 543,644,655.97   | -              | -              | -              | -                | -             
|Available Principal                                                           | 1,459,867,756.71 | 1,456,948,021.20 | -              | -              | -              | -                | -             
|Withdrawal from Reserve Fund                                                  | 7,076,224.10     |                  |                |                |                |                  |               
|Total of Sources for Distribution                                             | 1,589,427,025.21 |                  |                |                |                |                  |               
|                                                                              |                  |                  |                |                |                |                  |               
|                                                                              |                  | Securities       | Class A1       | Class A2       | Class A3       | Class A4         | Class A5      
|Distributions:                                                                | Total            | Balance (99.8%)  | Balance        | Balance        | Balance        | Balance          | Balance       
|Interest                                                                      |                  |                  |                |                |                |                  |               
|Transferor Interest                                                           | 214,338.62       | -                | -              | -              | -              | -                | -             
|Capped Trustee Fees                                                           | 8,500.00         | 8,500.00         | -              | -              | -              | -                | -             
|Class A Interest                                                              | 79,301,597.34    | 79,301,597.34    | -              | -              | 108,622.34     | 27,628,365.19    | 51,564,609.81 
|Class A Interest Carryover Shortfalls                                         | -                | -                | -              | -              | -              | -                | -             
|Class B Interest                                                              | 4,217,998.02     | 4,217,998.02     | -              | -              | -              | -                | -             
|Class B Interest Carryover Shortfalls                                         | -                | -                | -              | -              | -              | -                | -             
|Class C Interest                                                              | 4,376,569.37     | 4,376,569.37     | -              | -              | -              | -                | -             
|Class C Interest Carryover Shortfalls                                         | -                | -                | -              | -              | -              | -                | -             
|Capped Contingent and Excess Liability Premiums                               | -                | -                | -              | -              | -              | -                | -             
|Capped Origination Trust Administrative Expenses                              | -                | -                | -              | -              | -              | -                | -             
|Other Capped Trustee Fees                                                     | -                | -                | -              | -              | -              | -                | -             
|Servicer's Fee                                                                | 15,200,437.50    | 15,170,036.62    | -              | -              | -              | -                | -             
|Unpaid Servicer's Fees Related to Prior Collection Periods                    | 113,295.76       | 113,069.17       | -              | -              | -              | -                | -             
|Reserve Fund Deposit                                                          | 6,675,037.66     | 6,675,037.66     | -              | -              | -              | -                | -             
|Certificate Interest                                                          | 7,243,034.57     | 7,243,034.57     | -              | -              | -              | -                | -             
|Certificate Interest Carryover Shortfall                                      | 1,034,241.46     | 1,034,241.46     | -              | -              | -              | -                | -             
|Excess Interest to Transferor                                                 | -                | -                | -              | -              | -              | -                | -             
|Total Distributions of Interest                                               | 118,385,050.31   | 118,140,084.22   | -              | -              | 108,622.34     | 27,628,365.19    | 51,564,609.81 
|                                                                              |                  |                  |                |                |                |                  |               
|Principal                                                                     |                  |                  |                |                |                |                  |               
|Transferor Principal                                                          | 2,919,735.51     | -                | -              | -              | -              | -                | -             
|Principal Distribution to A-1, A-2, A-3 and A-4 Notes                         | 1,011,287,483.41 | 1,011,287,483.41 | -              | -              | 21,368,329.47  | 989,919,153.94   | -             
|Principal Distribution to A-5, B and C Notes                                  | 445,660,537.79   | 445,660,537.79   | -              | -              | -              | -                | 383,011,772.09
|Principal Distribution to Certificates                                        | (0.00)           | (0.00)           | -              | -              | -              | -                | -             
|Class A Covered Loss Amount                                                   | 10,983,312.91    | 10,983,312.91    | -              | -              | -              | 10,080,846.06    | 902,466.85    
|Class A Note Principal Loss Amount/Class A Note Principal Carryover Shortfall | -                | -                | -              | -              | -              | -                | -             
|Class B Covered and Uncovered Loss Amount                                     | -                | -                | -              | -              | -              | -                | -             
|Class C Covered and Uncovered Loss Amount                                     | -                | -                | -              | -              | -              | -                | -             
|Class B Note Principal Loss Carryover Shortfall                               | -                | -                | -              | -              | -              | -                | -             
|Class C Note Principal Loss Carryover Shortfall                               | -                | -                | -              | -              | -              | -                | -             
|Class B Note Interest on Principal Loss Carryover Shortfall                   | -                | -                | -              | -              | -              | -                | -             
|Class C Note Interest on Principal Loss Carryover Shortfall                   | -                | -                | -              | -              | -              | -                | -             
|Certificate Principal Loss Amount/Certificate Principal Carryover Shortfall   | 190,905.28       | 190,905.28       | -              | -              | -              | -                | -             
|Uncapped Administrative Expenses (paid to the Trustees)                       | -                | -                | -              | -              | -              | -                | -             
|Total Distributions of Principal                                              | 1,471,041,974.90 | 1,468,122,239.39 | -              | -              | 21,368,329.47  | 1,000,000,000.00 | 383,914,238.94
|                                                                              |                  |                  |                |                |                |                  |               
|Note/Certificate Interest Carryover Shortfalls                                |                  |                  |                |                |                |                  |               
|Beginning Balance                                                             |                  | -                | -              | -              | -              | -                | -             
|Current Period Increase (Decrease)                                            |                  | 5,327,581.80     | -              | -              | -              | -                | -             
|Ending Balance                                                                |                  | 5,327,581.80     | -              | -              | -              | -                | -             
|Note/Certificate Principal Loss Amount                                        |                  |                  |                |                |                |                  |               
|Beginning Balance                                                             | 2,501,513.67     | 2,468,106.19     | -              | -              | -              | -                | -             
|Current Period Increase (Decrease)                                            | 46,663,344.22    | 46,544,586.18    | -              | -              | -              | -                | -             
|Ending Balance                                                                | 49,164,857.89    | 49,012,692.37    | -              | -              | -              | -                | -             
|                                                                              |                  |                  |                |                |                |                  |               
|                                                                              |                  | Securities       | Class A1       | Class A2       | Class A3       | Class A4         | Class A5      
|Total Distributions to Noteholders and Certificateholders:                    | Total            | Balance (99.8%)  | Balance        | Balance        | Balance        | Balance          | Balance       
|Interest Distributions                                                        | 118,385,050.31   | 118,140,084.22   | -              | -              | 108,622.34     | 27,628,365.19    | 51,564,609.81 
|Principal Distributions                                                       | 1,471,041,974.90 | 1,468,122,239.39 | -              | -              | 21,368,329.47  | 1,000,000,000.00 | 383,914,238.94
|Total Distributions                                                           | 1,589,427,025.21 | 1,586,262,323.61 | -              | -              | 21,476,951.81  | 1,027,628,365.19 | 435,478,848.75
|                                                                              |                  |                  |                |                |                |                  |               
|Original Deal Parameter                                                       |                  |                  |                |                |                |                  |               
|Aggregate Net Investment Value (ANIV)                                         | 3,300,158,606.28 | -                | -              | -              | -              | -                | -             
|Initial Note/Certificate Balance                                              |                  | 3,293,558,289.00 | 380,000,000.00 | 360,000,000.00 | 400,000,000.00 | 1,000,000,000.00 | 807,000,000.00
|Percent of ANIV                                                               |                  | 99.80%           | 11.51%         | 10.91%         | 12.12%         | 30.30%           | 24.45%        
|Class Allocation Percentage                                                   |                  |                  | 12.89%         | 12.22%         | 13.57%         | 33.93%           | 27.38%        
|Note/Certificate Factor                                                       |                  |                  | 1.00           | 1.00           | 1.00           | 1.00             | 1.00          
|Note/Certificate Rate                                                         |                  |                  | 5.445%         | 5.875%         | 6.100%         | 6.450%           | 6.650%        
|Servicer Advance                                                              | -                |                  |                |                |                |                  |               
|Servicer Payahead                                                             | 7,383,934.30     |                  |                |                |                |                  |               
|Number of Contracts                                                           | 172,598          |                  |                |                |                |                  |               
|Weighted Average Lease Rate                                                   | 6.29%            |                  |                |                |                |                  |               
|Weighted Average Lease Rate (Discounted)                                      | 9.05%            |                  |                |                |                |                  |               
|Weighted Average Remaining Term                                               | 30.48            |                  |                |                |                |                  |               
|Servicing Fee Percentage                                                      | 1.00%            |                  |                |                |                |                  |               
|                                                                              |                  |                  |                |                |                |                  |               
|Pool Data Prior Fiscal Year                                                   |                  |                  |                |                |                |                  |               
|Aggregate Net Investment Value (ANIV)                                         | 2,173,622,864.08 |                  |                |                |                |                  |               
|Note/Certificate Balance                                                      | -                | 2,169,246,926.56 | -              | -              | 21,368,329.47  | 1,000,000,000.00 | 807,000,000.00
|Percent of ANIV                                                               |                  | 99.80%           | 0.00%          | 0.00%          | 0.98%          | 46.01%           | 37.13%        
|Class Allocation Percentage                                                   |                  |                  | 0.00%          | 0.00%          | 1.17%          | 54.69%           | 44.14%        
|Note/Certificate Factor                                                       |                  |                  | -              | -              | 0.05           | 1.00             | 1.00          
|Servicer Advance                                                              | 1,106,280.47     |                  |                |                |                |                  |               
|Servicer Payahead                                                             | 7,318,613.72     |                  |                |                |                |                  |               
|Number of Contracts                                                           | 140,852          |                  |                |                |                |                  |               
|Weighted Average Lease Rate                                                   | 6.27%            |                  |                |                |                |                  |               
|Weighted Average Lease Rate (Discounted)                                      | 9.04%            |                  |                |                |                |                  |               
|Weighted Average Remaining Term                                               | 10.28            |                  |                |                |                |                  |               
|Servicing Fee Percentage                                                      | 1.00%            |                  |                |                |                |                  |               
|Number of Days in the Accrual Period                                          |                  |                  | 365            | 365            | 360            | 360              | 360           
|                                                                              |                  |                  |                |                |                |                  |               
|Pool Data Current Fiscal Year                                                 |                  |                  |                |                |                |                  |               
|Aggregate Net Investment Value (ANIV)                                         | 656,998,320.63   |                  |                |                |                |                  |               
|Note/Certificate Balance                                                      |                  | 655,655,924.04   | -              | -              | -              | -                | 423,085,761.06
|Percent of ANIV                                                               |                  | 99.80%           | 0.00%          | 0.00%          | 0.00%          | 0.00%            | 64.40%        
|Class Allocation Percentage                                                   |                  |                  | 0.00%          | 0.00%          | 0.00%          | 0.00%            | 100.00%       
|Note/Certificate Factor                                                       |                  |                  | -              | -              | -              | -                | 0.52          
|Servicer Advance                                                              | 709,038.45       |                  |                |                |                |                  |               
|Servicer Payahead                                                             | 2,000,667.62     |                  |                |                |                |                  |               
|Number of Contracts                                                           | 48,591           |                  |                |                |                |                  |               
|Weighted Average Lease Rate                                                   | 6.61%            |                  |                |                |                |                  |               
|Weighted Average Lease Rate (Discounted)                                      | 9.05%            |                  |                |                |                |                  |               
|Weighted Average Remaining Term                                               | 3.49             |                  |                |                |                |                  |               
|Servicing Fee Percentage                                                      | 1.00%            |                  |                |                |                |                  |               
|Number of Days in the Accrual Period                                          |                  |                  | 365            | 365            | 360            | 360              | 360           
|                                                                              |                  |                  |                |                |                |                  |               

|                                                                              |               |               |                |                    
|----------------------------------------------------------------------------- | ------------- | ------------- | -------------- | -------------------
|                                                                              | Class B       | Class C       | Certificate    | Transferor Interest
|Collections for the Fiscal Year:                                              | Balance       | Balance       | Balance        | Balance            
|Interest                                                                      |               |               |                |                    
|Scheduled Interest Collections                                                | -             | -             | -              | 232,658.13         
|Interest Related To Prepayments in Full                                       | -             | -             | -              | 1,547.19           
|Interest Related To Full Term and Over Term Payoffs                           | -             | -             | -              | -                  
|Interest Related to Reallocation Payments                                     | -             | -             | -              | 1,243.74           
|Excess Liquidation Proceeds                                                   | -             | -             | -              | -                  
|Recoveries                                                                    | -             | -             | -              | 9,517.03           
|Available Interest                                                            | -             | -             | -              | 244,966.09         
|Principal                                                                     |               |               |                |                    
|Scheduled Principal Collections                                               | -             | -             | -              | 461,731.29         
|Prepayments In Full                                                           | -             | -             | -              | 379,394.58         
|Full Term and Over Term Payoffs                                               | -             | -             | -              | 878,328.69         
|Reallocation Payment                                                          | -             | -             | -              | 110,812.70         
|Net Liquidation Proceeds                                                      | -             | -             | -              | 1,089,468.25       
|Available Principal                                                           | -             | -             | -              | 2,919,735.51       
|Withdrawal from Reserve Fund                                                  |               |               |                |                    
|Total of Sources for Distribution                                             |               |               |                |                    
|                                                                              |               |               |                |                    
|                                                                              | Class B       | Class C       | Certificate    | Transferor Interest
|Distributions for the Fiscal Year:                                            | Balance       | Balance       | Balance        | Balance            
|Interest                                                                      |               |               |                |                    
|Transferor Interest                                                           | -             | -             | -              | 214,338.62         
|Capped Trustee Fees                                                           | -             | -             | -              | -                  
|Class A Interest                                                              | -             | -             | -              | -                  
|Class A Interest Carryover Shortfalls                                         | -             | -             | -              | -                  
|Class B Interest                                                              | 4,217,998.02  | -             | -              | -                  
|Class B Interest Carryover Shortfalls                                         | -             | -             | -              | -                  
|Class C Interest                                                              | -             | 4,376,569.37  | -              | -                  
|Class C Interest Carryover Shortfalls                                         | -             | -             | -              | -                  
|Capped Contingent and Excess Liability Premiums                               | -             | -             | -              | -                  
|Capped Origination Trust Administrative Expenses                              | -             | -             | -              | -                  
|Other Capped Trustee Fees                                                     | -             | -             | -              | -                  
|Servicer's Fee                                                                | -             | -             | -              | 30,400.87          
|Unpaid Servicer's Fees Related to Prior Collection Periods                    | -             | -             | -              | 226.59             
|Reserve Fund Deposit                                                          | -             | -             | -              | -                  
|Certificate Interest                                                          | -             | -             | 7,243,034.57   | -                  
|Certificate Interest Carryover Shortfall                                      | -             | -             | 1,034,241.46   | -                  
|Excess Interest to Transferor                                                 | -             | -             | -              | -                  
|Total Distributions of Interest                                               | 4,217,998.02  | 4,376,569.37  | 8,277,276.03   | 244,966.09         
|                                                                              |               |               |                |                    
|Principal                                                                     |               |               |                |                    
|Transferor Principal                                                          | -             | -             | -              | 2,919,735.51       
|Principal Distribution to A-1, A-2, A-3 and A-4 Notes                         | -             | -             | -              | -                  
|Principal Distribution to A-5, B and C Notes                                  | 31,324,382.85 | 31,324,382.85 | -              | -                  
|Principal Distribution to Certificates                                        | -             | -             | (0.00)         | -                  
|Class A Covered Loss Amount                                                   | -             | -             | -              | -                  
|Class A Note Principal Loss Amount/Class A Note Principal Carryover Shortfall | -             | -             | -              | -                  
|Class B Covered and Uncovered Loss Amount                                     | -             | -             | -              | -                  
|Class C Covered and Uncovered Loss Amount                                     | -             | -             | -              | -                  
|Class B Note Principal Loss Carryover Shortfall                               | -             | -             | -              | -                  
|Class C Note Principal Loss Carryover Shortfall                               | -             | -             | -              | -                  
|Class B Note Interest on Principal Loss Carryover Shortfall                   | -             | -             | -              | -                  
|Class C Note Interest on Principal Loss Carryover Shortfall                   | -             | -             | -              | -                  
|Certificate Principal Loss Amount/Certificate Principal Carryover Shortfall   | -             | -             | 190,905.28     | -                  
|Uncapped Administrative Expenses (paid to the Trustees)                       | -             | -             | -              | -                  
|Total Distributions of Principal                                              | 31,324,382.85 | 31,324,382.85 | 190,905.28     | 2,919,735.51       
|                                                                              |               |               |                |                    
|Note/Certificate Interest Carryover Shortfalls                                |               |               |                |                    
|Beginning Balance                                                             | -             | -             | -              | -                  
|Current Period Increase (Decrease)                                            | -             | -             | 5,327,581.80   | -                  
|Ending Balance                                                                | -             | -             | 5,327,581.80   | -                  
|Note/Certificate Principal Loss Amount                                        | -             | -             | -              | -                  
|Beginning Balance                                                             | -             | -             | 2,468,106.19   | 33,407.48          
|Current Period Increase (Decrease)                                            | -             | -             | 46,544,586.18  | 118,758.03         
|Ending Balance                                                                | -             | -             | 49,012,692.37  | 152,165.52         
|                                                                              |               |               |                |                    
|                                                                              | Class B       | Class C       | Certificate    | Transferor Interest
|Total Distributions to Noteholders and Certificateholders:                    | Balance       | Balance       | Balance        | Balance            
|Interest Distributions                                                        | 4,217,998.02  | 4,376,569.37  | 8,277,276.03   | 244,966.09         
|Principal Distributions                                                       | 31,324,382.85 | 31,324,382.85 | 190,905.28     | 2,919,735.51       
|Total Distributions                                                           | 35,542,380.87 | 35,700,952.22 | 8,468,181.31   | 3,164,701.60       
|                                                                              |               |               |                |                    
|Original Deal Parameter                                                       |               |               |                |                    
|Aggregate Net Investment Value (ANIV)                                         |               |               |                |                    
|Initial Note/Certificate Balance                                              | 66,000,000.00 | 66,000,000.00 | 214,558,289.00 | 6,600,317.28       
|Percent of ANIV                                                               | 2.00%         | 2.00%         | 6.50%          | 0.20%              
|Class Allocation Percentage                                                   | 100.00%       | 100.00%       | 100.00%        |                    
|Note/Certificate Factor                                                       | 1.00          | 1.00          | 1.00           |                    
|Note/Certificate Rate                                                         | 6.650%        | 6.900%        | 6.900%         |                    
|Servicer Advance                                                              |               |               |                |                    
|Servicer Payahead                                                             |               |               |                |                    
|Number of Contracts                                                           |               |               |                |                    
|Weighted Average Lease Rate                                                   |               |               |                |                    
|Weighted Average Lease Rate (Discounted)                                      |               |               |                |                    
|Weighted Average Remaining Term                                               |               |               |                |                    
|Servicing Fee Percentage                                                      |               |               |                |                    
|                                                                              |               |               |                |                    
|Pool Data Prior Fiscal Year                                                   |               |               |                |                    
|Aggregate Net Investment Value (ANIV)                                         |               |               |                |                    
|Note/Certificate Balance                                                      | 66,000,000.00 | 66,000,000.00 | 208,878,597.09 | 4,375,937.52       
|Percent of ANIV                                                               | 3.04%         | 3.04%         | 9.61%          | 0.20%              
|Class Allocation Percentage                                                   | 100.00%       | 100.00%       | 100.00%        |                    
|Note/Certificate Factor                                                       | 1.00          | 1.00          | 0.97           |                    
|Servicer Advance                                                              |               |               |                |                    
|Servicer Payahead                                                             |               |               |                |                    
|Number of Contracts                                                           |               |               |                |                    
|Weighted Average Lease Rate                                                   |               |               |                |                    
|Weighted Average Lease Rate (Discounted)                                      |               |               |                |                    
|Weighted Average Remaining Term                                               |               |               |                |                    
|Servicing Fee Percentage                                                      |               |               |                |                    
|Number of Days in the Accrual Period                                          | 360           | 360           | 360            |                    
|                                                                              |               |               |                |                    
|Pool Data Current Fiscal Year                                                 |               |               |                |                    
|Aggregate Net Investment Value (ANIV)                                         |               |               |                |                    
|Note/Certificate Balance                                                      | 34,675,617.16 | 34,675,617.16 | 163,218,928.66 | 1,342,396.59       
|Percent of ANIV                                                               | 5.28%         | 5.28%         | 24.84%         | 0.20%              
|Class Allocation Percentage                                                   | 100.00%       | 100.00%       | 100.00%        |                    
|Note/Certificate Factor                                                       | 0.53          | 0.53          | 0.76           |                    
|Servicer Advance                                                              |               |               |                |                    
|Servicer Payahead                                                             |               |               |                |                    
|Number of Contracts                                                           |               |               |                |                    
|Weighted Average Lease Rate                                                   |               |               |                |                    
|Weighted Average Lease Rate (Discounted)                                      |               |               |                |                    
|Weighted Average Remaining Term                                               |               |               |                |                    
|Servicing Fee Percentage                                                      |               |               |                |                    
|Number of Days in the Accrual Period                                          | 360           | 360           | 360            |                    
|                                                                              |               |               |                |                    
|I hereby certify to the best of my knowledge that                             |               |               |                |                    
|the report provided is true and correct.                                      |               |               |                |                    
|                                                                              |               |               |                |                    
|                                                                              |               |               |                |                    
|By:                                                                           |               |               |                |                    
|/s/ John I. Weisickle                                                         |               |               |                |                    
|John I. Weisickle, Vice President                                             |               |               |                |                    

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