**FORM 10-K**

**SECURITIES AND EXCHANGECOMMISSION**

**Washington,D.C. 20549**

 

**(Mark One)**
| **ý** | **ANNUAL REPORT PURSUANT TO SECTION 13 OR  15(D) OF THE  SECURITIES EXCHANGE ACT OF 1934**     |       |
|------------|-----------------------------------------------------------------------------------------------------|------------|
|       |                                                                                                |       |
|       | **For the  fiscal year ended December 31, 2004**                                               | ** ** |
|       |                                                                                                |       |
| **o**      | **TRANSITION REPORT PURSUANT TO SECTION 13 OR  15(D) OF THE  SECURITIES EXCHANGE ACT OF 1934** |       |

 

**For thetransition period from                to               .**

 

**Commissionfile number: 333-98975-02**

 

**HARLEY-DAVIDSON MOTORCYCLE TRUST2004-2**

**(Harley-Davidson Customer FundingCorp)**

(Exact name of registrant asspecified in its charter)

 
| **Delaware**                                                             |     | **20-6194592**                        |
|--------------------------------------------------------------------------|----------|---------------------------------------|
| (State or  other jurisdiction of incorporation or organization)          | * * | (I.R.S.  Employer Identification No.) |
|                                                                     |     |                                  |
| **Rodney  Square North  1100 North Market Street  Wilmington, Delaware** |     | **19890-0001**                        |
| (Address of  principal executive offices)                                | * * | (zip code)                            |

 

Registrant’s telephone number, including area code:  **(302)651-1000**

 

Securities registered pursuant to Section 12(b) of the Act:**None.**

 

Securities registered pursuant to section 12(g) of the Act:  **None**

 

Indicate by check mark whether the registrant (1) has filed all reportsrequired to be filed by section 13 or 15(d) of the Securities Exchange Actof 1934 during the preceding 12 months (or for such shorter period that theregistrant was required to file such reports), and (2) has been subject to suchfiling requirements for the past 90 days.      Yes  ý    No  o

 

Indicate by check mark if disclosure of delinquentfilers pursuant to Item 405 of Regulation S-K is not contained herein, and willnot be contained, to the best of registrant’s knowledge, in definitive proxy orinformation statements incorporated by reference in Part III of this Form 10-Kor any amendment to this Form 10-K    ý

 

Indicate by check mark whether the registrant is anaccelerated filer (as described in Rule 12b-2 of the Act).          Yes  o    No  ý

 

 

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**PART I**

 

**ITEM 1.****                                                     BUSINESS**

 

ThisAnnual Report on Form 10-K (the “Report”) is filed with respect toHarley-Davidson Motorcycle Trust 2004-2 (the “Trust”).  In 2004, the Trust issued $626,000,000.00 inaggregate principal amount of asset-backed notes (the “Notes”).  Certain information otherwise required to beincluded in this Report by the Instructions to Form 10-K has been omitted inreliance on the letter relief granted by the staff of the SEC to othercompanies in similar circumstances.

 

**ITEM 2.****                                                     PROPERTIES**

 

The assets of the Trust primarily include a pool of conditional salescontracts and promissory notes and security agreements secured by new or usedmotorcycles.

 

**ITEM 3.****                                                     LEGAL****PROCEEDINGS**

 

Therewere no legal proceedings.

 

**ITEM 4.****                                                     SUBMISSIONOF MATTERS TO A VOTE OF SECURITY HOLDERS**

 

Therewere no matters submitted to a vote of the Trust’s security holders during thefourth quarter of 2004.

 

**PART II**

 
| **ITEM 5.** | **MARKET FOR REGISTRANT’S COMMON  EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY  SECURITIES** |
|-------------|-------------------------------------------------------------------------------------------------------------------------|

 

Therewere less than 300 participants per trust in the DTC system holding positionsin the Cede Certificates as of December 31, 2004.  The following were noteholders of record asof the end of the reporting year:

 
| Series 2004-2 Class A-1 |   | Cede & Co. |
|-------------------------|--------|----------------|
| Series 2004-2 Class A-2 |   | Cede & Co. |
| Series 2004-3 Class B   |   | Cede & Co. |

 

Thereis no established public trading market for the Notes.

 

**ITEM 6.****                                                     SELECTEDFINANCIAL DATA**

 

Not applicable.

 
| **ITEM 7.** | **MANAGEMENT’S  DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS** |
|-------------|-------------------------------------------------------------------------------------------------|

 

Not applicable.

 

**ITEM 7A.****                                            QUANTITATIVEAND QUALITATIVE DISCLOSURES ABOUT MARKET RISK**

 

Not applicable.

 

2

 

**ITEM 8.****                                                     FINANCIALSTATEMENTS AND SUPPLEMENTARY DATA**

 

Not applicable.

 
| **ITEM 9.** | **CHANGES  IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE** |
|-------------|-------------------------------------------------------------------------------------------|

 

Therewere no changes in and/or disagreements with Accountants on Accounting andFinancial Disclosures.

 

**ITEM 9A.****                                            CONTROLSAND PROCEDURES**

 

Not applicable.

 

**ITEM 9B.****                                           ****OTHER INFORMATION**

 

Not applicable.

 

**PART III**

 

**ITEM 10.****                                              DIRECTORSAND EXECUTIVE OFFICERS OF THE COMPANY**

 

Not applicable.

 

**ITEM 11.****                                              EXECUTIVECOMPENSATION**

 

Not applicable.

 

**ITEM 12.****                                              SECURITYOWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT**

 

TheNotes are represented by one or more notes registered in the name of Cede &Co., the nominee of The Depository Trust Company.  An investor holding Notes is not entitled toreceive a certificate representing such Notes, except in limitedcircumstances.  Accordingly, Cede &Co. is the sole holder of Notes, which it holds on behalf of brokers, dealers,banks and other participants in the DTC system. Such participants may hold Notes for their own accounts or for theaccounts of their customers.  The addressof Cede & Co. is:

Cede& Co.

c/oThe Depository Trust Company

SevenHanover Square

NewYork, New York 10004

 

**ITEM 13.****                                              CERTAINRELATIONSHIPS AND RELATED TRANSACTIONS**

 

Nothing to report.

 

**ITEM 14.****                                              PRINCIPALACCOUNTING FEES AND SERVICES**

 

Notapplicable.

 

**PART IV**

 

**ITEM 15.****                                              EXHIBITS,FINANCIAL STATEMENT SCHEDULES**

 

(a)                                  Thefollowing documents are filed as part of this Form 10-K.

 

1.                                       Notapplicable.

 

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2.                                       Notapplicable.

 

3.                                       Exhibits

31.1 Certification Pursuant to Section 302(A)the Sarbanes-Oxley Act of 2002.

99.1  AnnualServicer Statement

99.2 Management’s Report on Internal Control Over the Servicing andPreparation of Monthly Servicer’s Certificates.

99.3  Report ofIndependent Accountants.

 

(b)                                 The Registrant has filed Current Reports onForm 8-K with the Securities and Exchange Commission dated June 15, 2004, July 15,2004, August 16, 2004, September 15, 2004, October 15, 2004, November 15,2004, December 15, 2004, and January 15, 2005.

 

(c)                                  Notapplicable.

 

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**SIGNATURES**

 

Pursuant to the requirements of Section 13 or15(d) of the Securities Exchange Act of 1934, the registrant has duly causedthis report to be signed on its behalf by the undersigned, thereunto dulyauthorized.

 
|                | HARLEY-DAVIDSON MOTORCYCLE TRUST 2004-2 |
|---------------------|-----------------------------------------|
|                |                                    |
|                | By:                                     | Harley-Davidson Credit Corp., |
|                |                                    | as  Administrator |
|                |                                    |
|                |                                    |
|                |                                    |
|                | By:                                     |   /s/  Perry A. Glassgow |   |
|                |                                    | Perry A.  Glassgow |
|                |                                    | Vice  President and Treasurer |
|                |                                    |
| March 30, 2005 |                                    |

 

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**Index to Exhibits**

 
| **Exhibit  Number** | ** ** | **Exhibit**                                                                                                                |
|---------------------|------------|----------------------------------------------------------------------------------------------------------------------------|
| 31.1                |       | Certification  Pursuant to Section 302(A) the Sarbanes-Oxley Act of 2002.                                                  |
| 99.1                |       | Annual  Servicer Statement  .                                                                                              |
| 99.2                |       | Management’s  Report on Internal Control Over the Servicing and Preparation of Monthly  Servicer’s Certificates. |
| 99.3                |       | Report  of Independent Accountants.                                                                                        |

 

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