AMERICAN HONDA FINANCE CORPORATION
MONTHLY SERVICER REPORT -- Honda Auto Receivables 2000-1 Owner Trust
06/01/2003 through 06/30/2003


I. ORIGINAL DEAL PARAMETER INPUTS
(A) Total Portfolio Balance														$1,100,025,487.15
(B) Total Securities Balance														$1,100,025,487.15
(C) Class A-1 Notes
(i) Class A-1 Notes Balance														$298,000,000.00
(ii) Class A-1 Notes Percentage (C(i)/IB)														27.09%
(iii) Class A-1 Notes Rate														6.71125%
(iv) Class A-1 Notes Accrual Basis														Actual/360
(D) Class A-2 Notes
(i) Class A-2 Notes Balance														$240,000,000.00
(ii) Class A-2 Notes Percentage (D(i)/IB)														21.82%
(iii) Class A-2 Notes Rate														6.650%
(iv) Class A-2 Notes Accrual Basis														30/360
(E) Class A-3 Notes
(i) Class A-3 Notes Balance														$386,000,000.00
(ii) Class A-3 Notes Percentage (E(i)/B)														35.09%
(iii) Class A-3 Notes Rate														6.620%
(iv) Class A-3 Notes Accrual Basis														30/360
(F) Class A-4 Notes
(i) Class A-4 Notes Balance														$129,270,000.00
(ii) Class A-4 Notes Percentage (F(i)/B)														11.75%
(iii) Class A-4 Notes Rate														6.670%
(iv) Class A-4 Notes Accrual Basis														30/360
(G) Certificates
(i) Certificates Balance														$46,755,487.15
(ii) Certificates Percentage (G(i)/B)														4.25%
(iii) Certificates Rate														6.670%
(iv) Certificates Accrual Basis														30/360
(H) Servicing Fee Rate														1.00%
(I) Portfolio Summary
(i) Weighted Average Coupon (WAC)														6.85%
(ii) Weighted Average Original Maturity (WAOM)														55.72						months
(iii) Weighted Average Remaining Maturity (WAM)														45.35						months
(iv) Number of Receivables														87,294
(J) Reserve Account
(i) Reserve Account Initial Deposit Percentage														0.50%
(ii) Reserve Account Initial Deposit														$5,500,127.44
(iii) Specified Reserve Account Percentage														0.75%
(iv) Specified Reserve Account Balance														$8,250,191.15

(K) Yield Supplement Account Deposit														$23,950,083.32

II. INPUTS FROM PREVIOUS MONTHLY SERVICER REPORTS
(A) Total Portfolio Balance														$178,780,749.90
(B) Total Securities Balance														$178,780,749.90
(C) Cumulative Note and Certificate Pool Factor														0.1625242
(D) Class A-1 Notes
(i) Class A-1 Notes Balance														$0.00
(ii) Class A-1 Notes Pool Factor														0.0000000
(iii) Class A-1 Notes Interest Carryover Shortfall														$0.00
(iv) Class A-1 Notes Principal Carryover Shortfall														$0.00
(E) Class A-2 Notes
(i) Class A-2 Notes Balance														$0.00
(ii) Class A-2 Notes Pool Factor														0.0000000
(iii) Class A-2 Notes Interest Carryover Shortfall														$0.00
(iv) Class A-2 Notes Principal Carryover Shortfall														$0.00
(F) Class A-3 Notes
(i) Class A-3 Notes Balance														$29,176,563.38
(ii) Class A-3 Notes Pool Factor														0.0755870
(iii) Class A-3 Notes Interest Carryover Shortfall														$0.00
(iv) Class A-3 Notes Principal Carryover Shortfall														$0.00
(G) Class A-4 Notes
(i) Class A-4 Notes Balance														$129,270,000.00
(ii) Class A-4 Notes Pool Factor														1.0000000
(iii) Class A-4 Notes Interest Carryover Shortfall														$0.00
(iv) Class A-4 Notes Principal Carryover Shortfall														$0.00
(H) Certificates
(i) Certificates Balance														$20,334,186.52
(ii) Certificates Pool Factor														0.4349048
(iii) Certificates Interest Carryover Shortfall														$0.00
(iv) Certificates Principal Carryover Shortfall														$0.00
(I) Servicing Fee
(i) Servicing Fee Shortfall														$0.00
(J) End of Prior Month Account Balances
(i) Reserve Account														$8,250,191.15
(ii) Yield Supplement Account														$1,383,723.08
(iii) Payahead Account														$123,756.44
(iv) Advances Outstanding														$6,670.97
(K) Portfolio Summary as of End of Prior Month
(i) Weighted Average Coupon (WAC)														7.08%
(ii) Weighted Average Remaining Maturity (WAM)														18.29						months
(iii) Number of Receivables														36,612
(L) Note and Certificate Percentages
(i) Note Percentage														95.75%
(ii) Certificate Percentage														4.25%

III. MONTHLY INPUTS FROM THE MAINFRAME
(A) Precomputed Contracts Principal
(i) Scheduled Principal Collections														$220,479.00
(ii) Prepayments in Full														95,426.00
(iii) Prepayments in Full due to Repurchases														$0.00
(B) Precomputed Contracts Total Collections														$334,075.94
(C) Precomputed Interest Receivables Interest (B-A((I)+(ii)+(iii)))														$18,170.94
(D) Simple Interest Receivables Principal
(i) Principal Collections														$10,995,293.84
(ii) Prepayments in Full														$4,754,866.82
(iii) Repurchased Receivables Related to Principal														$0.00
(E) Simple Interest Receivables Interest
(i) Simple Interest Collections														$1,054,909.62
(F) Payment Advance for Precomputes
(i) Reimbursement of Previous Advances														$11,682.83
(ii) Current Advance Amount														$7,192.78
(G) Interest Advance for simple Interest - Net														($2,180.92)
(H) Payahead Account
(i) Payments Applied														28,897.87
(ii) Additional Payaheads														$17,661.83
(I) Portfolio Summary as of End of Month
(i) Weighted Average Coupon (WAC)														7.08%
(ii) Weighted Average Remaining Maturity (WAM)														17.48						months
(iii) Remaining Number of Receivables														34,548

	# Units			Dollar Amount
(J) Delinquent Receivables
(i) 31-60 Days Delinquent	1,042		3.02%				$5,826,748.68					3.58%
(ii) 61-90 Days Delinquent	277		0.80%				$1,593,162.62					0.98%
(ii) 91 Days or More Delinquent	38		0.11%				$238,394.05					0.15%
(K) Vehicles Repossessed During Collection Period	15		0.04%				$100,150.42					0.06%
(L) Total Accumulated Repossessed Vehicles in Inventory	19		0.05%				$120,378.91					0.07%


IV. INPUTS DERIVED FROM OTHER SOURCES
(A) Collection Account Investment Income																	$0.00
(B) Reserve Account Investment Income																	$7,332.38
(C) Yield Supplement Account Investment Income																	$1,321.03
(D) Trust Fees Expense																	$0.00
(E) Aggregate Net Losses for Collection Period																	$51,747.26
(F) Liquidated Receivables Information
(i) Gross Principal Balance on Liquidated Receivables																	151,708.37
(ii) Liquidation Proceeds																	17,011.42
(ii) Recoveries from Prior Month Charge Offs																	$82,949.69
(G) Days in Accrual Period																	29
(H) Deal age																	33

MONTHLY COLLECTIONS

V. INTEREST COLLECTIONS
(A) Total Interest Collections (III(C+E(i)-F(i)+F(ii)+G)														$1,066,409.59

VI. PRINCIPAL COLLECTIONS
(A) Principal Payments Received (III(A((i)+(ii))+(D(i)+(ii)))														$16,066,065.66
(B) Liquidation Proceeds (IV(F(i)))														17,011.42
(C) Repurchased Loan Proceeds Related to Principal (III(A(iii)+D(iii)))														0.00
(D) Recoveries from Prior Month Charge Offs (IV(F(ii)))														82,949.69
(E) Total Principal Collections (A+B+C+D)														$16,166,026.77

VII. TOTAL INTEREST AND PRINCIPAL COLLECTIONS (V(A)+VI(E))														$17,232,436.36

VIII. YIELD SUPPLEMENT DEPOSIT														$183,547.07

IX. TOTAL AVAILABLE AMOUNT (VII+VIII)														$17,415,983.43


MONTHLY DISTRIBUTIONS

X. FEE DISTRIBUTIONS
(A) Servicing Fee
(i) Servicing Fee Due (I(H)/12)(II(B))+(II(H)(i))														$148,983.96
(ii) Servicing Fee Paid														$148,983.96
(iii) Servicing Fee Shortfall														$0.00
(B) Reserve Account Investment Income (IV(B))														$7,332.38
(C) Yield Supplement Account Investment Income (IV(C))														$1,321.03
(D) Trust Fees Expense (IV(D))														$0.00

XI. DISTRIBUTIONS TO NOTEHOLDERS
(A) Interest
(i) Class A-1 Notes
(a) Class A-1 Notes Interest Due														$0.00
(b) Class A-1 Notes Interest Paid														0.00
(c) Class A-1 Notes Interest Shortfall														$0.00
(ii) Class A-2 Notes
(a) Class A-2 Notes Interest Due														$0.00
(b) Class A-2 Notes Interest Paid														0.00
(c) Class A-2 Notes Interest Shortfall														$0.00
(iii) Class A-3 Notes
(a) Class A-3 Notes Interest Due														$160,957.37
(b) Class A-3 Notes Interest Paid														160,957.37
(c) Class A-3 Notes Interest Shortfall														$0.00
(iv) Class A-4 Notes
(a) Class A-4 Notes Interest Due														$718,525.75
(b) Class A-4 Notes Interest Paid														718,525.75
(c) Class A-4 Notes Interest Shortfall														$0.00
(v) Total Note Interest
(a) Total Note Interest Due														$879,483.12
(b) Total Note Interest Paid														879,483.12
(c) Total Note Interest Shortfall														$0.00
(d) Reserve Fund Withdrawn for Note Interest														$0.00
Amount available for distributions after Fees & Interest (IX-(X(A)(ii)-(D))-XI(A)(v)(b))														$16,387,516.35
(B) Principal
(i) Noteholders' Principal Distribution Amounts														$15,528,518.63
(ii) Class A-1 Notes Principal
(a) Class A-1 Notes Principal Due														$0.00
(b) Class A-1 Notes Principal Paid														0.00
(c) Class A-1 Notes Principal Shortfall														$0.00
(d) Reserve Fund drawn														$0.00
(iii) Class A-2 Notes Principal
(a) Class A-2 Notes Principal Due														$0.00
(b) Class A-2 Notes Principal Paid														$0.00
(c) Class A-2 Notes Principal Shortfall														$0.00
(d) Reserve Fund drawn														$0.00
(iv) Class A-3 Notes Principal
(a) Class A-3 Notes Principal Due														$15,528,518.63
(b) Class A-3 Notes Principal Paid														$15,528,518.63
(c) Class A-3 Notes Principal Shortfall														$0.00
(d) Reserve Fund drawn														$0.00
(v) Class A-4 Notes Principal
(a) Class A-4 Notes Principal Due														$0.00
(b) Class A-4 Notes Principal Paid														$0.00
(c) Class A-4 Notes Principal Shortfall														$0.00
(d) Reserve Fund drawn														$0.00
(vi) Total Notes Principal
(a) Total Notes Principal Due														$15,528,518.63
(b) Total Notes Principal Paid														15,528,518.63
(c) Total Notes Principal Shortfall														$0.00
(d) Reserve Fund drawn														$0.00

XII. RESERVE FUND DEPOSIT
Amount available for deposit into reserve account														$858,997.72
Amount deposited into reserve Account														0.00
Excess funds available to Certificateholders														858,997.72

XIII. DISTRIBUTIONS TO CERTIFICATEHOLDERS
(A) Interest
(i) Certificate Monthly Interest Due														$113,024.19
(ii) Certificate Interest Shortfall Beginning Balance														$0.00
(iii) Total Certificate Interest Due														$113,024.19
(iv) Certificate Interest Paid														$113,024.19
(v) Certificate Interest Shortfall Ending Balance														$0.00
(B) Principal
(i) Certificate Monthly Principal Due														$689,255.40
(ii) Certificate Principal Shortfall Beginning Balance														$0.00
(iii) Total Certificate Principal Due														$689,255.40
(iv) Certificate Principal Paid														$689,255.40
(v) Certificate Principal Shortfall Ending Balance														$0.00
(C) Release to Seller														$56,718.13

DISTRIBUTIONS SUMMARY

(A) Total Collections														$17,415,983.43
(B) Service Fee														$148,983.96
(C) Trustee Fees														$0.00
(D) Class A1 Amount														$0.00
(E) Class A2 Amount														$0.00
(F) Class A3 Amount														$15,689,476.00
(G) Class A4 Amount														$718,525.75
(H) Amount Deposited into Reserve Account														$0.00
(I) Certificateholders														$802,279.59
(J) Release to seller														$56,718.13
(K) Total amount distributed														$17,415,983.43
(L) Amount of Draw from Reserve Account														0.00


PORTFOLIO AND SECURITY SUMMARY


XIV. POOL BALANCES AND PORTFOLIO INFORMATION
						Beginning of Period										End of Period
(A) Balances and Principal Factors
(i) Aggregate Balance of Notes								$158,446,563.38								$142,918,044.75
(ii) Note Pool Factor								0.1504330								0.1356898
(iii) Class A-1 Notes Balance								0.00								0.00
(iv) Class A-1 Notes Pool Factor								0.0000000								0.0000000
(v) Class A-2 Notes Balance								0.00								0.00
(vi) Class A-2 Notes Pool Factor								0.0000000								0.0000000
(vii) Class A-3 Notes Balance								29,176,563.38								13,648,044.75
(viii) Class A-3 Notes Pool Factor								0.0755870								0.0353576
(ix) Class A-4 Notes Balance								129,270,000.00								129,270,000.00
(x) Class A-4 Notes Pool Factor								1.0000000								1.0000000
(xi) Certificates Balance								20,334,186.52								19,644,931.12
(xii) Certificates Pool Factor								0.4349048								0.4201631
(xiii) Total Principal Balance of Notes and Certificates								$178,780,749.90								$162,562,975.87

(B) Portfolio Information
(i) Weighted Average Coupon (WAC)								7.08%								7.08%
(ii) Weighted Average Remaining Maturity (WAM)								18.29			months					17.48				months
(iii) Remaining Number of Receivables								36,612								34,548
(iv) Portfolio Receivable Balance								$178,780,749.90								$162,562,975.87
(C) Outstanding Advance Amount								$6,670.97								($0.00)
(D) Outstanding Payahead Balance								$123,756.44								$112,520.40


SUMMARY OF ACCOUNTS

XV. RECONCILIATION OF RESERVE ACCOUNT
(A) Beginning Reserve Account Balance															$8,250,191.15
(B) Draws															0.00
(i) Draw for Servicing Fee															0.00
(ii) Draw for Interest															0.00
(iii) Draw for Realized Losses															0.00
(C) Excess Interest Deposited into the Reserve Account															0.00
(D) Reserve Account Balance Prior to Release															8,250,191.15
(E) Reserve Account Required Amount															8,250,191.15
(F) Final Reserve Account Required Amount															8,250,191.15
(G) Excess Reserve Account Amount															0.00
(H) Ending Reserve Account Balance															8,250,191.15

XVI. RECONCILIATION OF YIELD SUPPLEMENT ACCOUNT
(A) Beginning Yield Supplement Account Balance															1,383,723.08
(B) Investment Earnings															1,321.03
(C) Investment Earnings Withdraw															1,321.03
(D) Additional Yield Supplement Amounts															0.00
(E) Yield Supplement Deposit Amount															183,547.07
(F) Ending Yield Supplement Account Balance															1,200,176.01

XVII. NET LOSS AND DELINQUENCY ACCOUNT ACTIVITY
(A) Liquidated Contracts
(i) Liquidation Proceeds															$17,011.42
(ii) Recoveries on Previously Liquidated Contracts															82,949.69
(B) Aggregate Net Losses for Collection Period															51,747.26
(C) Net Loss Rate for Collection Period (annualized)															0.36%
(D) Cumulative Net Losses for all Periods															3,770,715.74


(E) Delinquent Receivables			# Units							Dollar Amount
(i) 30-59 Days Delinquent		1,042			3.02%				$5,826,748.68										3.58%
(ii) 60-89 Days Delinquent		277			0.80%				$1,593,162.62										0.98%
(ii) 90 Days or More Delinquent		38			0.11%				$238,394.05										0.15%

XVIII. REPOSSESSION ACTIVITY
			# Units							Dollar Amount
(A) Vehicles Repossessed During Collection Period		15			0.04%				$100,150.42										0.06%
(B) Total Accumulated Repossessed Vehicles in Inventory		19			0.05%				$120,378.91										0.07%



XIX. TESTS FOR INCREASE IN SPECIFIED RESERVE ACCOUNT BALANCE
(A) Ratio of Net Losses to the Pool Balance as of Each Collection Period
(i) Second Preceding Collection Period																		0.34%
(ii) Preceding Collection Period																		-0.16%
(iii) Current Collection Period																		0.36%
(iv) Three Month Average (Avg(i,ii,iii))																		0.18%
(B) Ratio of Balance of Contracts Delinquent 60 Days or More to the Outstanding Balance of Receivables.
(i) Second Preceding Collection Period																		0.85%
(ii) Preceding Collection Period																		0.89%
(iii) Current Collection Period																		0.97%
(iv) Three Month Average (Avg(i,ii,iii))																		0.90%


(C) Loss and Delinquency Trigger Indicator													Trigger was not hit.



I hereby certify that the servicing report provided is true
and accurate to the best of my knowledge.

By:
/s/ John I. Weisickle
John I. Weisickle, Vice President/Assistant Secretary

I. ORIGINAL DEAL PARAMETER INPUTS

II. INPUTS FROM PREVIOUS MONTHLY SERVICER REPORTS

III. MONTHLY INPUTS FROM THE MAINFRAME

IV. INPUTS DERIVED FROM OTHER SOURCES

V. INTEREST COLLECTIONS

VI. PRINCIPAL COLLECTIONS

VII. TOTAL INTEREST AND PRINCIPAL COLLECTIONS (V(A)+VI(E))

VIII. YIELD SUPPLEMENT DEPOSIT

X. FEE DISTRIBUTIONS

XI. DISTRIBUTIONS TO NOTEHOLDERS

XII. RESERVE FUND DEPOSIT

XIII. DISTRIBUTIONS TO CERTIFICATEHOLDERS

XIV. POOL BALANCES AND PORTFOLIO INFORMATION

XV. RECONCILIATION OF RESERVE ACCOUNT

XVI. RECONCILIATION OF YIELD SUPPLEMENT ACCOUNT

XVII. NET LOSS AND DELINQUENCY ACCOUNT ACTIVITY

XVIII. REPOSSESSION ACTIVITY

XIX. TESTS FOR INCREASE IN SPECIFIED RESERVE ACCOUNT BALANCE

HONDA AUTO RECEIVABLES 2000-1 OWNER TRUST 8-K