**Exhibit 99.1**

 

***Harley-Davidson Motorcycle Trust 2004-2***

***Annual Servicer Statement***

***As of December 31, 2004***

 
| **Distribution  Date** | ** ** | **A-1 Notes  Monthly  Principal *** | ** **         | **A-1 Notes  Monthly  Interest-2.18%** | ** ** | **A-2 Notes  Monthly  Principal*** | ** ** | **A-2 Notes  Monthly  Interest-3.56%** | ** ** | **B Notes  Monthly  Principal *** | ** ** | **B Notes  Monthly  Interest-2.96%** | ** ** | **Ending  Principal  Balance** | ** **       | **Servicer  Fees  1.00%** | ** ** | **Trustee  Fees  0.00200%** | ** ** | **Shortfalls** | ** ** |
|------------------------|------------|-------------------------------------|--------------------|----------------------------------------|------------|------------------------------------|------------|----------------------------------------|------------|-----------------------------------|------------|--------------------------------------|------------|--------------------------------|------------------|---------------------------|------------|-----------------------------|------------|----------------|------------|
|                   |       |                                |               |                                   |       |                               |       |                                   |       |                              |       |                                 |       |                           |             |                      |       |                        |       |           |       |
| *January-04*           |       | $                                   | —             |                                   | $          | —                             |       | $                                      | —     |                              | $          | —                               |       | $                              | —           |                      | $          | —                      |       | $              | —     |   | $ | — |   | $ | — |   | $ | — |   |
| *February-04*          |       | —                              |               | —                                 |       | —                             |       | —                                 |       | —                            |       | —                               |       | —                         |             | —                    |       | —                      |       | —         |       |
| *March-04*             |       | —                              |               | —                                 |       | —                             |       | —                                 |       | —                            |       | —                               |       | —                         |             | —                    |       | —                      |       | —         |       |
| *April-04*             |       | —                              |               | —                                 |       | —                             |       | —                                 |       | —                            |       | —                               |       | —                         |             | —                    |       | —                      |       | —         |       |
| *May-04*               |       | —                              |               | —                                 |       | —                             |       | —                                 |       | —                            |       | —                               |       | —                         |             | —                    |       | —                      |       | —         |       |
| *June-04*              |       | 8,057,393.11                        |               | 399,424.44                             |       | —                             |       | 342,223.79                             |       | 468,948.81                        |       | 48,125.49                            |       | 617,473,658.08                 |             | 323,533.62                |       | 1,043.33                    |       | —         |       |
| *July-04*              |       | 14,225,295.51                       |               | 690,229.07                             |       | —                             |       | 603,924.33                             |       | 827,927.20                        |       | 83,770.59                            |       | 602,420,435.37                 |             | 316,428.34                |       | 1,029.12                    |       | —         |       |
| *August-04*            |       | 17,922,565.96                       |               | 664,386.45                             |       | —                             |       | 603,924.33                             |       | 1,043,112.30                      |       | 81,728.37                            |       | 583,454,757.11                 |             | 502,017.03                |       | 1,004.03                    |       | —         |       |
| *September-04*         |       | 15,392,790.37                       |               | 631,827.12                             |       | —                             |       | 603,924.33                             |       | 895,876.69                        |       | 79,155.36                            |       | 567,166,090.05                 |             | 486,212.30                |       | 972.42                      |       | —         |       |
| *October-04*           |       | 15,079,126.46                       |               | 603,863.55                             |       | —                             |       | 603,924.33                             |       | 877,621.12                        |       | 76,945.53                            |       | 551,209,342.47                 |             | 472,638.41                |       | 945.28                      |       | —         |       |
| *November-04*          |       | 15,171,979.73                       |               | 576,469.81                             |       | —                             |       | 603,924.33                             |       | 883,025.28                        |       | 74,780.73                            |       | 535,154,337.46                 |             | 459,341.12                |       | 918.68                      |       | —         |       |
| *December-04*          |       | 14,775,238.11                       |               | 548,907.38                             |       | —                             |       | 603,924.33                             |       | 859,934.49                        |       | 72,602.61                            |       | 519,519,164.86                 |             | 445,961.95                |       | 891.92                      |       | —         |       |
|                   |       |                                |               |                                   |       |                               |       |                                   |       |                              |       |                                 |       |                           |             |                      |       |                        |       |           |       |
| **  Totals** | ** ** | **$**                               | **100,624,389.25** | ** **                             | **$**      | **4,115,107.82**                   | ** ** | **$**                                  | **—** | ** **                        | **$**      | **3,965,769.77**                     | ** ** | **$**                          | **5,856,445.89** | ** **                | **$**      | **517,108.68**              | ** ** | ** **     | ** ** | **$** | **3,006,132.77** | ** ** | **$** | **6,804.78** | ** ** | **$** | **—** | ** ** |
|                        |            |                                     |                    |                                        |            |                                    |            |                                        |            |                                   |            |                                      |            |                                |                  |                           |            |                             |            |                |            |  |  |  |  |  |  |  |  |  |  |

 

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*Principal payments are allocated 94.5% to the Class A notes and 5.5% to theClass B notes.

 

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