8-K/A 1 w65974ie8vkza.txt ADMENDMENT TO 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-KA Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: January 6, 2003 ----------------- CAPITAL ONE AUTO RECEIVABLES, LLC ON BEHALF OF CAPITAL ONE AUTO FINANCE TRUST 2002-A (Exact name of registrant as specified in its charter) Deleware 333-54736-03 31-175007 ------------------------------------ ----------------- ------------- (State or other jurisdiction of (Commission (IRS Employer incorporation) File Number) Identification No.) 2980 Fairview Park Drive, Falls Church, VA 22042 ------------------------------------------ --------------------- (Address of principal executive offices) (Zip Code)

(Registrant's telephone number, including area code): (703) 720-1000 (Former name or former address, if changed since last report): Not Applicable 1 of 5 ITEM 5. OTHER EVENTS The November 2002 Monthly Servicer Report was restated on January 6, 2003. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned there-unto duly authorized. By: Capital One Auto Receivables, LLC By: /s/Jeffery Elswick --------------------------------- Elswick Jeffery President Date: January 6, 2003 2 of 6 Capital One Auto Finance Trust Automobile Receivable-Backed Notes, Series 2002-A Class A-1 1.98 % Asset Backed Notes Class A-2 2.99% Asset Backed Notes Class A-3 4.03% Asset Backed Notes Class A-4 4.79 % Asset Backed Notes Class B 8.35 % Asset Backed Notes Preliminary Servicer's Certificate

{47} Class A Noteholders' Principal Payment Amount {47} 32,721,309.54 -------------------- {48} Accrued and Unpaid Premium and Reimbursement Obligations, due Note Insurer {48} 0.00 -------------------- {49} Deposit to Reserve Account, to Required Level {49} 0.00 -------------------- {50} Class A Noteholder's Accelerated Principal Amount (if in an event of default under the indenture or, under certain circumstances, an insurance agreement event of default) {50} 0.00 -------------------- {51} Class B Noteholders' Principal Payment Amount {51} 1,011,999.26 -------------------- {52} Class B Noteholder's Accelerated Principal Amount {52} 2,399,927.03 -------------------- {53} Optional Note Redemption Amount {53} 0.00 -------------------- {54} Other Amounts Due to the Trustees {54} 0.00 -------------------- {55} Servicer Transition Expenses {55} 0.00 -------------------- {56} Indenture Trustee Title Expenses {56} 0.00 -------------------- {57} Class B Excess Interest {57} 0.00 -------------------- {58} Distribution to the equity certificate holder {58} 0.00 -------------------- {59} Total Distributions {59} 42,627,351.29 ===================

IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Monthly Servicer's Report as dated above. OFFICERS' CERTIFICATE The undersigned hereby certifies that (i) he or she is an Authorized Officer of Captial One Auto Finance (the "Servicer"), and (ii) Exhibit A hereto complies with the requirements of, and is being delivered pursuant to, Section 2.02 (c) of the Servicing Agreement (the "Servicing Agreement") dated as of April 23, 2002 by and among Captial One Auto Finance Trust 2002-A, as the Issuer, JP Morgan Chase Bank, Trustee, and the Servicer. CAPITAL ONE AUTO FINANCE Capital One Auto Finance, as Servicer By: ------------------------- Name: Tom Feil Title: Director, Capital Markets Date: 12/16/02 CAPITAL ONE AUTO FINANCE TRUST Automobile Receivable-Backed Notes, Series 2002-A Class A-1 1.98 % Asset Backed Notes Class A-2 2.99% Asset Backed Notes Class A-3 4.03% Asset Backed Notes Class A-4 4.79% Asset Backed Notes Class B 8.35% Asset Backed Notes Servicer's Certificate --------------------------------------------- MONTHLY PERIOD BEGINNING: 11/1/2002 MONTHLY PERIOD ENDING: 11/30/2002 PREV. DISTRIBUTION/CLOSE DATE: 11/15/2002 DISTRIBUTION DATE: 12/16/2002 DAYS OF INTEREST FOR PERIOD: 31 DAYS IN COLLECTION PERIOD: 30 MONTHS SEASONED: 8 ---------------------------------------------

---------------------------------------------------------------------------------------------------------------------------------- II. MONTHLY PERIOD AND CUMULATIVE NUMBER OF RECEIVABLES CALCULATION: ---------------------------------------------------------------------------------------------------------------------------------- ----------------------------- CUMULATIVE PERIOD ----------------------------- {5} Beginning number of Receivables {5} 74,011 81,881 {6} Number of Subsequent Receivables Purchased {6} 13,358 0 {7} Number of Receivables Defaulted during period {7} 1,850 567 {8} Number of Receivables becoming Purchased Receivables during period {8} 302 218 {9} Number of Receivables paid off during period {9} 4,843 722 ----------------------------- {10} Ending number of Receivables {10} 80,374 80,374 ----------------------------- ---------------------------------------------------------------------------------------------------------------------------------- III. STATISTICAL DATA: (CURRENT AND HISTORICAL) ---------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------- ORIGINAL PREV. MONTH CURRENT --------------------------------------------- {11} Weighted Average APR of the Receivables {11} 15.49% 15.78% 15.78% {12} Weighted Average Remaining Term of the Receivables {12} 60.64 56.30 55.45 {13} Weighted Average Original Term of Receivables {13} 62.50 62.50 62.50 {14} Average Receivable Balance {14} $14,684 $13,945 $13,789 --------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- IV. DELINQUENCY: ---------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------- Receivables with Scheduled Payment delinquent UNITS DOLLARS PERCENTAGE --------------------------------------------- {15} 31-60 days {15} 4,291 61,946,422 5.42% {16} 61-90 days {16} 1,353 19,205,678 1.68% {17} 91-120 days {17} 378 5,520,067 0.48% --------------------------------------------- {18} Receivables with Scheduled Payment delinquent more than 60 days at end of period {18} 1,731 $24,725,745 2.16% --------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- V. PERFORMANCE TESTS: ---------------------------------------------------------------------------------------------------------------------------------- DELINQUENCY RATIO {19} Receivables with Scheduled Payment delinquent more than 60 days at end of period ( line {18}) {19} $24,725,745 --------------- {20} Beginning of period Principal Balance {20} 1,143,743,735 --------------- {21} Delinquency Ratio {16} + {17} divided by {20} {21} 2.16% -------------- {22} Previous Monthly Period Delinquency Ratio {22} 1.96% -------------- {23} Second previous Monthly Period Delinquency Ratio {23} 1.69% -------------- {24} Average Delinquency Ratio ({21} + {22} + {23}) / 3 {24} 1.94% -------------- ------------------------------------------------------------------------------------------------------------------ Compliance with Accelerated Reserve Fund Trigger? (Average Delinquency Ratio is less than or equal to 3% months 1-12, 4% months 13-24, 5% months 25-36 and 5.5% thereafter) Yes Complaince with Insurance Agreement Event of Default? (Average Delinquency Ratio is less than or equal to 4% months 1-12, 5% months 13-24, 6% months 25-36 and 6.5% thereafter) Yes ------------------------------------------------------------------------------------------------------------------ CUMULATIVE NET CHARGE-OFF RATE {25} Net Losses since Initial Cut-off Date (Beginning of Period) {25} $11,212,627 -------------- {26} Receivables becoming Defaulted Receivables during period {26} $7,573,516 --------------- {27} Cram Down Losses and other non-cash Adjustments occurring during period {27} $8,691 --------------- {28} Liquidation Proceeds collected during period {28} $1,517,633 --------------- {29} Recoveries on Defaulted Receivables during period {29} $128,570 --------------- {30} Net Losses during period {26} + {27} - {28} - {29} {30} $5,936,004 --------------- {31} Net Losses since Initial Cut-off Date (End of Period) {31} $17,148,631 -------------- {32} Cumulative Net Loss Rate ({31}) / {Original Aggregate Principal Balance} {32} 1.32% -------------- ------------------------------------------------------------------------------------------------------------------ Compliance with Accelerated Cumulative Net Loss Rate 0.04625 Yes Reserve Fund Trigger? is less than or equal to: Complaince with Insurance Cumulative Net Loss Rate 0.0525 Yes Agreement Event of Default? is less than or equal to: ------------------------------------------------------------------------------------------------------------------ EXTENSION RATE {33} Number of Receivables extended during current period {33} 1,103 --------------- {34} Beginning of Period Loans Outstanding {34} 81,881 --------------- {35} Extension Rate {33} divided by {34} {35} 1.35% -------------- {36} Previous Monthly Extension Rate {36} 0.39% -------------- {37} Second previous Monthly Extension Rate {37} 0.11% -------------- {38} Average Extension Rate ({35} +{36} +{37}) / 3 {38} 0.62% -------------- ---------------------------------------------------------------------------------------------------------------------- Compliance (Extension Test Pass is an Average Extension Rate less than 4%.) Yes ----------------------------------------------------------------------------------------------------------------------

CAPITAL ONE AUTO FINANCE TRUST 2002-A 8-K/A