10/28/2026 | Press release | Distributed by Public on 10/28/2026 15:09
SERVICER'S CERTIFICATE
AMERICAN HONDA FINANCE CORPORATION
|
MONTHLY SERVICER REPORT -- Honda Auto Receivables 2023-2 Owner Trust |
||||||||
|
Collection Period: September 1, 2026 through September 30, 2026 |
||||||||
|
Deal Age |
41 |
Determination Date: 10/13/2026 |
|
|
Actual/360 Days |
30 |
Record Date: 10/14/2026 |
|
|
30/360 Days |
30 |
Payment Date: 10/15/2026 |
ORIGINAL DEAL PARAMETERS
|
Dollar Amount |
Number of Receivables |
|||||||||||||
|
Total Portfolio Balance |
$ |
1,619,450,150.82 |
69,210 |
|||||||||||
|
Accrual Basis |
Dollar Amount |
% of Pool |
Interest Rate |
Final Scheduled |
||||||||||||
|
Class A-1 Notes |
Actual/360 |
$ |
370,980,000.00 |
22.91 |
% |
5.49800 |
% |
June 17, 2024 |
||||||||
|
Class A-2 Notes |
30/360 |
$ |
615,480,000.00 |
38.01 |
% |
5.41000 |
% |
April 15, 2026 |
||||||||
|
Class A-3 Notes |
30/360 |
$ |
495,480,000.00 |
30.60 |
% |
4.93000 |
% |
November 15, 2027 |
||||||||
|
Class A-4 Notes |
30/360 |
$ |
97,008,000.00 |
5.99 |
% |
4.91000 |
% |
September 17, 2029 |
||||||||
|
Certificates |
30/360 |
$ |
40,502,150.82 |
2.50 |
% |
0.00000 |
% |
|||||||||
|
Total Securities Balance |
$ |
1,619,450,150.82 |
||||||||||||||
|
Total Note Balance |
$ |
1,578,948,000.00 |
||||||||||||||
|
Reserve Account Initial Deposit |
$ |
4,048,625.38 |
||||||||||||||
|
Yield Supplement Account Deposit |
$ |
158,798,513.18 |
||||||||||||||
COLLECTIONS
|
Interest Collections |
||||||||||||
|
Simple Interest Collections |
$ |
679,857.52 |
||||||||||
|
Interest Related to Repurchased Receivables |
$ |
0.00 |
||||||||||
|
Interest Advance for simple Interest - Net * |
$ |
0.00 |
||||||||||
|
Total Interest Collections |
$ |
679,857.52 |
||||||||||
|
* Advances are reimbursed (including outstanding advances of $0.00): |
||||
|
(i) from subsequent payments, liquidation proceeds and servicer repurchase payments in respect of the related obligor, and |
||||
|
(ii) to the extent amounts in clause (i) are insufficient, generally from interest (with respect to interest advances). |
||||
|
Principal Collections |
||||||||||||
|
Principal Collections |
$ |
13,658,403.33 |
||||||||||
|
Prepayments in Full |
$ |
3,382,021.53 |
||||||||||
|
Liquidation Proceeds |
$ |
54,878.34 |
||||||||||
|
Principal Related to Repurchased Receivables |
$ |
0.00 |
||||||||||
|
Recoveries from Prior Month Charge Offs |
$ |
58,704.78 |
||||||||||
|
Total Principal Collections |
$ |
17,154,007.98 |
||||||||||
|
Total Interest and Principal Collections |
$ |
17,833,865.50 |
||||||||||
|
Yield Supplement Deposit |
$ |
719,640.73 |
||||||||||
|
Collection Account Investment Earnings |
$ |
0.00 |
||||||||||
|
Total Available Amount |
$ |
18,553,506.23 |
||||||||||
SERVICER'S CERTIFICATE
AMERICAN HONDA FINANCE CORPORATION
|
MONTHLY SERVICER REPORT -- Honda Auto Receivables 2023-2 Owner Trust |
||||||||
|
Collection Period: September 1, 2026 through September 30, 2026 |
||||||||
|
Deal Age |
41 |
Determination Date: 10/13/2026 |
|
|
Actual/360 Days |
30 |
Record Date: 10/14/2026 |
|
|
30/360 Days |
30 |
Payment Date: 10/15/2026 |
DISTRIBUTIONS
|
Note Percentage |
100.00 |
% |
||||||||||||||||
|
Certificate Percentage |
0.00 |
% |
Amount Due |
Amount Paid |
Shortfall |
|||||||||||||
|
Total Servicing Fee |
1.00 |
% |
$ |
155,554.92 |
$ |
155,554.92 |
$ |
0.00 |
||||||||||
|
Trustee Fees |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
||||||||||||
|
Asset Representations Reviewer Fees (Accrued & Unpaid) |
$ |
0.00 |
||||||||||||||||
|
Interest - Class A-1 Notes |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
||||||||||||
|
Interest - Class A-2 Notes |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
||||||||||||
|
Interest - Class A-3 Notes |
$ |
201,948.24 |
$ |
201,948.24 |
$ |
0.00 |
||||||||||||
|
Interest - Class A-4 Notes |
$ |
396,924.40 |
$ |
396,924.40 |
$ |
0.00 |
||||||||||||
|
Total Monthly Interest |
$ |
598,872.64 |
$ |
598,872.64 |
$ |
0.00 |
||||||||||||
|
Principal - Class A-1 Notes |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
||||||||||||
|
Principal - Class A-2 Notes |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
||||||||||||
|
Principal - Class A-3 Notes |
$ |
17,170,485.88 |
$ |
17,170,485.88 |
$ |
0.00 |
||||||||||||
|
Principal - Class A-4 Notes |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
||||||||||||
|
Total Monthly Principal |
$ |
17,170,485.88 |
$ |
17,170,485.88 |
$ |
0.00 |
||||||||||||
|
Interest - Certificates |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
||||||||||||
|
Principal - Certificates |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
||||||||||||
|
Available to Deposit |
Reserve Deposit |
Reserve Draw |
Excess Released |
Released to Seller |
||||||||||||||||
|
Reserve Account Deposit |
$ |
628,592.79 |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
$ |
628,592.79 |
||||||||||
|
Noteholder/Certificateholder Distributions |
Fee |
Interest |
Interest |
Principal |
Principal |
Amount |
||||||||||||||||||
|
Servicing Fee |
$ |
0.10 |
$ |
155,554.92 |
||||||||||||||||||||
|
Trustee Fees |
$ |
0.00 |
||||||||||||||||||||||
|
Asset Representation Reviewer Fees |
$ |
0.00 |
||||||||||||||||||||||
|
Class A-1 Notes |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
||||||||||||||
|
Class A-2 Notes |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
||||||||||||||
|
Class A-3 Notes |
$ |
0.41 |
$ |
0.00 |
$ |
34.65 |
$ |
0.00 |
$ |
17,372,434.12 |
||||||||||||||
|
Class A-4 Notes |
$ |
4.09 |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
$ |
396,924.40 |
||||||||||||||
|
Certificates |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
||||||||||||||
Page 2
SERVICER'S CERTIFICATE
AMERICAN HONDA FINANCE CORPORATION
|
MONTHLY SERVICER REPORT -- Honda Auto Receivables 2023-2 Owner Trust |
||||||||
|
Collection Period: September 1, 2026 through September 30, 2026 |
||||||||
|
Deal Age |
41 |
Determination Date: 10/13/2026 |
|
|
Actual/360 Days |
30 |
Record Date: 10/14/2026 |
|
|
30/360 Days |
30 |
Payment Date: 10/15/2026 |
POOL DATA
|
Proceeding Month |
||||||||||||||||||||||||
|
Carryover Shortfall |
Beginning of Period |
End of Period |
||||||||||||||||||||||
|
Interest |
Principal |
Balance |
Note Factor |
Balance |
Note Factor |
|||||||||||||||||||
|
Class A-1 Notes |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
0.0000000 |
$ |
0.00 |
0.0000000 |
||||||||||||||
|
Class A-2 Notes |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
0.0000000 |
$ |
0.00 |
0.0000000 |
||||||||||||||
|
Class A-3 Notes |
$ |
0.00 |
$ |
0.00 |
$ |
49,155,758.01 |
0.0992084 |
$ |
31,985,272.13 |
0.0645541 |
||||||||||||||
|
Class A-4 Notes |
$ |
0.00 |
$ |
0.00 |
$ |
97,008,000.00 |
1.0000000 |
$ |
97,008,000.00 |
1.0000000 |
||||||||||||||
|
Certificates |
$ |
0.00 |
$ |
0.00 |
$ |
40,502,150.82 |
1.0000000 |
$ |
40,502,150.82 |
1.0000000 |
||||||||||||||
|
Total Securities |
$ |
186,665,908.83 |
0.1152650 |
$ |
169,495,422.95 |
0.1046623 |
||||||||||||||||||
|
Total Notes |
$ |
146,163,758.01 |
0.0925703 |
$ |
128,993,272.13 |
0.0816957 |
||||||||||||||||||
|
Portfolio Information |
Original |
Prior Month |
Current Month |
|||||||||
|
Weighted Average Coupon (WAC) |
3.78 |
% |
4.35 |
% |
4.39 |
% |
||||||
|
Weighted Average Remaining Maturity (WAM) |
51.61 |
17.93 |
17.29 |
|||||||||
|
Weighted Average Original Maturity (WAOM) |
63.16 |
|||||||||||
|
Remaining Number of Receivables |
69,210 |
26,176 |
24,645 |
|||||||||
|
Portfolio Receivable Balance |
$ |
1,619,450,150.82 |
$ |
186,665,908.83 |
$ |
169,495,422.95 |
||||||
DELINQUENCY AND NET LOSS ACTIVITY
|
Net Loss and Delinquency Account Activity |
Amount |
|||||||
|
Gross Principal Balance on Defaulted Receivables |
$ |
130,061.02 |
||||||
|
Liquidation Proceeds |
$ |
54,878.34 |
||||||
|
Recoveries on Previously Defaulted Contracts |
$ |
58,704.78 |
||||||
|
Aggregate Net Losses for Collection Period |
$ |
16,477.90 |
||||||
|
Net Loss Rate for Collection Period's Average Balance (annualized) |
0.11 |
% |
||||||
|
Cumulative Net Losses for all Periods |
$ |
4,155,766.01 |
||||||
|
Delinquent Receivables |
# Units |
% Unit |
Dollar Amount |
% Dollar |
||||||||||||
|
31-60 Days Delinquent |
288 |
1.17 |
% |
$ |
2,748,139.78 |
1.62 |
% |
|||||||||
|
61-90 Days Delinquent |
57 |
0.23 |
% |
$ |
503,812.37 |
0.30 |
% |
|||||||||
|
91-120 Days Delinquent |
18 |
0.07 |
% |
$ |
117,371.44 |
0.07 |
% |
|||||||||
|
121 Days or More Delinquent |
0 |
0.00 |
% |
$ |
0.00 |
0.00 |
% |
|||||||||
|
Repossession Activity |
# Units |
% Unit |
Dollar Amount |
% Dollar |
||||||||||||
|
Vehicles Repossessed During Collection Period |
6 |
0.02 |
% |
$ |
54,485.22 |
0.03 |
% |
|||||||||
|
Total Accumulated Repossessed Vehicles in Inventory |
9 |
0.04 |
% |
$ |
94,938.63 |
0.06 |
% |
|||||||||
Page 3
SERVICER'S CERTIFICATE
AMERICAN HONDA FINANCE CORPORATION
|
MONTHLY SERVICER REPORT -- Honda Auto Receivables 2023-2 Owner Trust |
||||||||
|
Collection Period: September 1, 2026 through September 30, 2026 |
||||||||
|
Deal Age |
41 |
Determination Date: 10/13/2026 |
|
|
Actual/360 Days |
30 |
Record Date: 10/14/2026 |
|
|
30/360 Days |
30 |
Payment Date: 10/15/2026 |
DELINQUENCY AND NET LOSS ACTIVITY
|
Net Loss and Delinquency Ratios |
||||||||
|
Ratio of Net Losses to the Pool Balance as of Each Collection Period |
||||||||
|
Third Preceding Collection Period |
0.08 |
% |
||||||
|
Second Preceding Collection Period |
-0.05 |
% |
||||||
|
Preceding Collection Period |
-0.38 |
% |
||||||
|
Current Collection Period |
0.11 |
% |
||||||
|
Four Month Average |
-0.06 |
% |
||||||
|
Ratio of Number of Contracts Delinquent 61 Days or More to the Outstanding Number of Receivables (includes repossessions in inventory) |
||||||||
|
Second Preceding Collection Period |
0.32 |
% |
||||||
|
Preceding Collection Period |
0.40 |
% |
||||||
|
Current Collection Period |
0.34 |
% |
||||||
|
Three Month Average |
0.36 |
% |
||||||
|
Delinquency Trigger |
4.80% |
Delinquency Percentage exceeds Delinquency Trigger: |
No |
|||||
|
Delinquency Percentage - |
0.37% |
|||||||
|
Receivables that are 61 days or more delinquent as a percentage of Current Outstanding Balance of Receivables |
||||||||
LOSS AND CUMULATIVE LOSS INFORMATION
|
Current Month |
Cumulative |
|||||||||||||||
|
For Assets Experiencing a Loss: |
Units |
Amount |
Units |
Amount |
||||||||||||
|
Gross Principal |
14 |
$ |
130,061.02 |
556 |
$ |
11,498,951.16 |
||||||||||
|
Liquidation Proceeds and Recoveries |
46 |
$ |
112,951.18 |
489 |
$ |
7,295,996.54 |
||||||||||
|
Net Loss Amount |
14 |
$ |
17,109.84 |
556 |
$ |
4,202,954.62 |
||||||||||
|
Net Loss % of Average |
0.12 |
% |
||||||||||||||
|
Cumulative Net Loss % |
0.26 |
% |
||||||||||||||
|
Average Net Loss of |
$ |
7,559.27 |
||||||||||||||
CREDIT ENHANCEMENT
|
Reconciliation of Reserve Account |
Reconciliation of Yield Supplement Account |
|||||||||
|
Beginning Reserve Account Balance |
$ |
4,048,625.38 |
Beginning Yield Supplement |
$ |
5,346,918.28 |
|||||
|
Investment Earnings |
$ |
11,648.41 |
Investment Earnings |
$ |
16,352.38 |
|||||
|
Excess Interest Deposited into the Reserve Account |
$ |
0.00 |
Additional Yield Supplement Amounts |
$ |
0.00 |
|||||
|
Investment Withdrawal to Seller |
$ |
(11,648.41 |
) |
Yield Supplement Withdrawal Amount |
$ |
(719,640.73 |
) |
|||
|
Release of Reserve to Collection Account |
$ |
0.00 |
Investment Earnings Withdraw |
$ |
0.00 |
|||||
|
Release of Reserve to Seller |
$ |
0.00 |
Release of Yield Supplement Account Balance to Seller |
$ |
0.00 |
|||||
|
Ending Reserve Account Balance |
$ |
4,048,625.38 |
Ending Yield Supplement Account Balance |
$ |
4,643,629.93 |
|||||
|
Reserve Account Required Amount |
$ |
4,048,625.38 |
||||||||
Page 4
SERVICER'S CERTIFICATE
AMERICAN HONDA FINANCE CORPORATION
|
MONTHLY SERVICER REPORT -- Honda Auto Receivables 2023-2 Owner Trust |
||||||||
|
Collection Period: September 1, 2026 through September 30, 2026 |
||||||||
|
Deal Age |
41 |
Determination Date: 10/13/2026 |
|
|
Actual/360 Days |
30 |
Record Date: 10/14/2026 |
|
|
30/360 Days |
30 |
Payment Date: 10/15/2026 |
REPURCHASE DEMAND ACTIVITY (RULE 15Ga-1)
|
Is there any activity to report? |
No |
|||||||
STATEMENT TO NOTEHOLDERS
|
Has there been a material change in practices with respect to charge-offs, collection and management of delinquent receivables, and the effect of any grace period, re-aging, re-structuring, partial payments or other practices on delinquency and loss experience? |
No |
|||||||
|
Have there been any material modifications, extensions or waivers to receivables terms, fees, penalties or payments during the collection period? |
No |
|||||||
|
Have there been any material breaches of representations, warranties or covenants contained in the receivables? |
No |
|||||||
|
Has there been an issuance of notes or other securities backed by the receivables? |
No |
|||||||
|
Has there been a material change in the underwriting, origination or acquisition of receivables? |
No |
|||||||
SERVICER CERTIFICATION
|
I hereby certify that the servicing report provided is true and accurate to the best of my knowledge. |
||
|
/s/ Michi Rey |
||
|
Ms. Michiko Yamasaki Rey |
||
|
Secretary, American Honda Receivables |
||
Page 5