**Exhibit99.1**

 

**Harley-DavidsonMotorcycle Trust 2005-1**

**AnnualServicer Statement**

**As ofDecember 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-3.28%** | ** ** | **Principal**    | ** ** | **Interest-3.76%** | ** ** | **Principal  **** | ** ** | **Interest-3.66%** | ** ** | **Balance**    | ** **        | **1.00%**    | ** ** | **0.00185%**     | ** ** | **Shortfalls** | ** ** |
| ** **       | ** ** | ** **        | ** **         | ** **         | ** ** | ** **       | ** ** | ** **         | ** ** | ** **        | ** ** | ** **         | ** ** | ** **     | ** **        | ** **   | ** ** | ** **       | ** ** | ** **     | ** ** |
| *January-05*     |       | $                 | —             |               | $          | —           |       | $                  | —     |              | $          | —             |       | $              | —            |         | $          | —           |       | $              | —     |   | $ | — |   | $ | — |   | $ | — |   |
| *February-05*    |       | —            |               | —             |       | —           |       | —             |       | —            |       | —             |       | —         |              | —       |       | —           |       | —         |       |
| *March-05*       |       | 14,677,884.50     |               | 1,473,175.56       |       | —           |       | 963,019.56         |       | 936,886.24        |       | 164,761.00         |       | 714,385,229.26 |              | 403,392.39   |       | 1,125.42         |       | —         |       |
| *April-05*       |       | 17,811,893.66     |               | 1,154,347.12       |       | —           |       | 780,826.67         |       | 1,136,929.38      |       | 130,732.50         |       | 695,436,406.22 |              | 390,380.08   |       | 1,101.34         |       | —         |       |
| *May-05*         |       | 20,768,620.94     |               | 1,105,661.27       |       | —           |       | 780,826.67         |       | 1,325,656.66      |       | 127,264.86         |       | 673,342,128.62 |              | 579,530.34   |       | 1,072.13         |       | —         |       |
| *June-05*        |       | 19,319,254.28     |               | 1,048,893.71       |       | —           |       | 780,826.67         |       | 1,233,143.89      |       | 123,221.61         |       | 652,789,730.45 |              | 561,118.44   |       | 1,038.07         |       | —         |       |
| *July-05*        |       | 18,498,645.95     |               | 996,087.75         |       | —           |       | 780,826.67         |       | 1,180,764.64      |       | 119,460.52         |       | 633,110,319.86 |              | 543,991.44   |       | 1,006.38         |       | —         |       |
| *August-05*      |       | 18,665,869.09     |               | 945,524.78         |       | —           |       | 780,826.67         |       | 1,191,438.45      |       | 115,859.19         |       | 613,253,012.32 |              | 527,591.93   |       | 976.05           |       | —         |       |
| *September-05*   |       | 20,474,684.48     |               | 894,504.74         |       | —           |       | 780,826.67         |       | 1,306,894.75      |       | 112,225.30         |       | 591,471,433.09 |              | 511,044.18   |       | 945.43           |       | —         |       |
| *October-05*     |       | 18,639,856.66     |               | 838,540.60         |       | —           |       | 780,826.67         |       | 1,189,778.08      |       | 108,239.27         |       | 571,641,798.35 |              | 492,892.86   |       | 911.85           |       | —         |       |
| *November-05*    |       | 18,493,204.19     |               | 787,591.66         |       | —           |       | 780,826.67         |       | 1,180,417.29      |       | 104,610.45         |       | 551,968,176.87 |              | 476,368.17   |       | 881.28           |       | —         |       |
| *December-05*    |       | 16,807,002.87     |               | 737,043.57         |       | —           |       | 780,826.67         |       | 1,072,787.42      |       | 101,010.18         |       | 534,088,386.58 |              | 459,973.48   |       | 850.95           |       | —         |       |
|             |       |              |               |               |       |             |       |               |       |              |       |               |       |           |              |         |       |             |       |           |       |
| **Totals**       | ** ** | **$**             | **184,156,916.62** | ** **         | **$**      | **9,981,370.76** | ** ** | **$**              | **—** | ** **        | **$**      | **7,990,459.59**   | ** ** | **$**          | **11,754,696.80** | ** **   | **$**      | **1,207,384.88** | ** ** | ** **     | ** ** | **$** | **4,946,283.31** | ** ** | **$** | **9,908.90** | ** ** | **$** | **—** | ** ** |
|                  |            |                   |                    |                    |            |                  |            |                    |            |                   |            |                    |            |                |                   |              |            |                  |            |                |            |  |  |  |  |  |  |  |  |  |  |

 

 

** Principal payments are allocated 94.0% tothe Class A notes and 6.0% to the Class B notes.

 

 

 

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