**Exhibit 99.1**

 

***Harley-DavidsonMotorcycle Trust 2005-2***

***Annual ServicerStatement***

***As of December 31,2005***

 
| ** **       | ** ** | **A-1 Notes** | ** **         | **A-1 Notes** | ** ** | **A-2 Notes** | ** ** | **A-2 Notes** | ** ** | **B Notes** | ** ** | **B Notes**   | ** ** | **Ending**     | ** ** | **Servicer** | ** ** | **Trustee**    | ** ** | ** **     | ** ** |
|------------------|------------|--------------------|--------------------|--------------------|------------|--------------------|------------|--------------------|------------|------------------|------------|--------------------|------------|----------------|------------|--------------|------------|----------------|------------|----------------|------------|
| **Distribution** | ** ** | **Monthly**        | ** **         | **Monthly**        | ** ** | **Monthly**        | ** ** | **Monthly**        | ** ** | **Monthly**      | ** ** | **Monthly**        | ** ** | **Principal**  | ** ** | **Fees**     | ** ** | **Fees**       | ** ** | ** **     | ** ** |
| **Date**         | ** ** | **Principal****    | ** **         | **Interest-3.79%** | ** ** | **Principal**      | ** ** | **Interest-4.07%** | ** ** | **Principal****  | ** ** | **Interest-4.27%** | ** ** | **Balance**    | ** ** | **1.00%**    | ** ** | **0.00185%**   | ** ** | **Shortfalls** | ** ** |
| ** **       | ** ** | ** **         | ** **         | ** **         | ** ** | ** **         | ** ** | ** **         | ** ** | ** **       | ** ** | ** **         | ** ** | ** **     | ** ** | ** **   | ** ** | ** **     | ** ** | ** **     | ** ** |
| *January-05*     |       | $                  | —             |               | $          | —             |       | $                  | —     |             | $          | —             |       | $              | —     |         | $          | —         |       | $              | —     |   | $ | — |   | $ | — |   | $ | — |   |
| *February-05*    |       | —             |               | —             |       | —             |       | —             |       | —           |       | —             |       | —         |       | —       |       | —         |       | —         |       |
| *March-05*       |       | —             |               | —             |       | —             |       | —             |       | —           |       | —             |       | —         |       | —       |       | —         |       | —         |       |
| *April-05*       |       | —             |               | —             |       | —             |       | —             |       | —           |       | —             |       | —         |       | —       |       | —         |       | —         |       |
| *May-05*         |       | —             |               | —             |       | —             |       | —             |       | —           |       | —             |       | —         |       | —       |       | —         |       | —         |       |
| *June-05*        |       | 7,096,267.13       |               | 769,054.17         |       | —             |       | 425,959.42         |       | —           |       | 65,508.92          |       | 767,903,732.87 |       | 449,716.56   |       | 1,194.79       |       | —         |       |
| *July-05*        |       | 18,389,647.49      |               | 1,515,695.96       |       | —             |       | 851,918.83         |       | —           |       | 131,017.83         |       | 749,514,085.38 |       | 443,803.01   |       | 1,183.85       |       | —         |       |
| *August-05*      |       | 21,458,889.40      |               | 1,457,615.32       |       | —             |       | 851,918.83         |       | —           |       | 131,017.83         |       | 728,055,195.98 |       | 624,595.07   |       | 1,155.50       |       | —         |       |
| *September-05*   |       | 22,657,670.84      |               | 1,389,840.99       |       | —             |       | 851,918.83         |       | —           |       | 131,017.83         |       | 705,397,525.14 |       | 606,712.66   |       | 1,122.42       |       | —         |       |
| *October-05*     |       | 21,162,963.02      |               | 1,318,280.52       |       | —             |       | 851,918.83         |       | —           |       | 131,017.83         |       | 684,234,562.12 |       | 587,831.27   |       | 1,087.49       |       | —         |       |
| *November-05*    |       | 20,849,642.98      |               | 1,251,440.83       |       | —             |       | 851,918.83         |       | —           |       | 131,017.83         |       | 663,384,919.14 |       | 570,195.47   |       | 1,054.86       |       | —         |       |
| *December-05*    |       | 18,755,950.59      |               | 1,185,590.70       |       | —             |       | 851,918.83         |       | —           |       | 131,017.83         |       | 644,628,968.55 |       | 552,820.77   |       | 1,022.72       |       | —         |       |
|             |       |               |               |               |       |               |       |               |       |             |       |               |       |           |       |         |       |           |       |           |       |
| **Totals**       | ** ** | **$**              | **130,371,031.45** | ** **         | **$**      | **8,887,518.49**   | ** ** | **$**              | **—** | ** **       | **$**      | **5,537,472.40**   | ** ** | **$**          | **—** | ** **   | **$**      | **851,615.90** | ** ** | ** **     | ** ** | **$** | **3,835,674.81** | ** ** | **$** | **7,821.63** | ** ** | **$** | **—** | ** ** |
|                  |            |                    |                    |                    |            |                    |            |                    |            |                  |            |                    |            |                |            |              |            |                |            |                |            |  |  |  |  |  |  |  |  |  |  |

 

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** Principal payments are allocated first toClass A-1 Notes until paid in full, second to the Class A-2 Notes until paid infull, and third to the Class B Notes until paid in full.

 

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