
Volkswagen Auto Lease Trust 2015-A		Exhibit 99.1
MONTHLY SERVICER CERTIFICATE
For the collection period ended 07-29-16		PAGE 1


*A. DATES*								Begin		End		# days
1	Determination Date										8/18/2016
2	Payment Date										8/22/2016
3	Collection Period								7/1/2016		7/29/2016		29
4	Monthly Interest Period - Actual								7/20/2016		8/21/2016		33
5	Monthly Interest - Scheduled												30

*B. SUMMARY*
		*Initial Balance*		*Beginning Balance*		Principal Payment 1st Priority		*Regular*		*Ending Balance*		*Note Factor*
6	Class A-1 Notes		241,000,000.00		—		—		—		—		—
7	Class A-2-A Notes		225,000,000.00		68,474,170.52		—		15,180,564.75		53,293,605.77		0.2368605
8	Class A-2-B Notes		447,000,000.00		136,035,352.08		—		30,158,721.98		105,876,630.10		0.2368605
9	Class A-3 Notes		428,000,000.00		428,000,000.00		—		—		428,000,000.00		1.0000000
10	Class A-4 Notes		109,000,000.00		109,000,000.00		—		—		109,000,000.00		1.0000000

11	Equals: Total Securities	$	1,450,000,000.00	$	741,509,522.60	$	—	$	45,339,286.73	$	696,170,235.87

12	Overcollateralization		260,919,447.67		286,579,007.48						286,579,007.48

13	Total Securitization Value	$	1,710,919,447.67	$	1,028,088,530.08					$	982,749,243.35

14	NPV Lease Payments Receivable		738,790,911.57		231,793,403.35						210,004,844.02
15	NPV Base Residual		972,128,536.10		796,295,126.73						772,744,399.33

								*Per $1000*		Principal & Interest		*Per $1000*
		*Coupon Rate*		*Libor Rate*		*Interest Pmt Due*		*Face Amount*		*Payment Due*		*Face Amount*
16	Class A-1 Notes		0.25000%		N/A		—		—		—		—
17	Class A-2-A Notes		0.87000%		N/A		49,643.77		0.2206390		15,230,208.52		67.6898156
18	Class A-2-B Notes		0.80655%		0.48655%		100,576.04		0.2250023		30,259,298.02		67.6941790
19	Class A-3 Notes		1.25000%		N/A		445,833.33		1.0416667		445,833.33		1.0416667
20	Class A-4 Notes		1.42000%		N/A		128,983.33		1.1833333		128,983.33		1.1833333

	Equals: Total Securities						725,036.47				46,064,323.20


C. COLLECTIONS AND AVAILABLE FUNDS
21	Lease Payments Received												21,342,810.35
22	Pull Ahead Waived Payments												—
23	Sales Proceeds - Early Terminations												18,620,930.19
24	Sales Proceeds via Customer - Scheduled Terminations												7,403,525.29
25	Security Deposits for Terminated Accounts												16,450.00
26	Excess Wear and Tear Received												294,468.64
27	Excess Mileage Charges Received												173,299.45
28	Other Recoveries Received												397,550.15

29	Subtotal: Total Collections												48,249,034.07

30	Repurchase Payments												—
31	Postmaturity Term Extension												—
32	Investment Earnings on Collection Account												24,423.12

33	Total Available Funds, prior to Servicer Advances												48,273,457.19

34	Servicer Advance												—

35	Total Available Funds												48,273,457.19

36	Reserve Account Draw												—

37	Available for Distribution												48,273,457.19


D. DISTRIBUTIONS
38	Payment Date Advance Reimbursement (Item 82)												—
39	Servicing Fee (Servicing and Administrative Fees paid pro rata):
40	Servicing Fee Shortfall from Prior Periods												—
41	Servicing Fee Due in Current Period												856,740.44
42	Servicing Fee Shortfall												—
43	Administration Fee (Servicing and Administrative Fees paid pro rata):
44	Administration Fee Shortfall from Prior Periods												—
45	Administration Fee Due in Current Period												5,000.00
46	Administration Fee Shortfall												—
47	Interest Paid to Noteholders												725,036.47
48	First Priority Principal Distribution Amount												—
49	Amount Paid to Reserve Account to Reach Specified Balance												—
50	Subtotal: Remaining Available Funds										46,686,680.28
51	Regular Principal Distribution Amount										45,339,286.73
52	Regular Principal Paid to Noteholders (lesser of Item 50 and Item 51)												45,339,286.73
53	Other Amounts paid to Trustees												—

54	Remaining Available Funds												1,347,393.55


Volkswagen Auto Lease Trust 2015-A
MONTHLY SERVICER CERTIFICATE
For the collection period ended 07-29-16		PAGE 2


E. *CALCULATIONS*
55	Calculation of First Priority Principal Distribution Amount:
56	Outstanding Principal Amount of the Notes (Beg. Of Collection Period)				741,509,522.60
57	Less: Aggregate Securitization Value (End of Collection Period)				(982,749,243.35	)

58	First Priority Principal Distribution Amount (not less than zero)				—


59	Calculation of Regular Principal Distribution Amount:
60	Outstanding Principal Amount of the Notes (Beg. Of Collection Period)				741,509,522.60
61	Less: First Priority Principal Distribution Amount				—
62	Less: Targeted Note Balance				(696,170,235.87	)

63	Regular Principal Distribution Amount				45,339,286.73


64	Calculation of Targeted Note Balance:
65	Aggregate Securitization Value (End of Collection Period)				982,749,243.35
66	Less: Targeted Overcollateralization Amount (16.75% of Initial Securitization Value)				(286,579,007.48	)

67	Targeted Note Balance				696,170,235.87


68	Calculation of Servicer Advance:
69	Available Funds, prior to Servicer Advances (Item 31)				48,273,457.19
70	Less: Payment Date Advance Reimbursement (Item 80)				—
71	Less: Servicing Fees Paid (Items 38, 39 and 40)				856,740.44
72	Less: Administration Fees Paid (Items 42, 43 and 44)				5,000.00
73	Less: Interest Paid to Noteholders (Item 45)				725,036.47
74	Less: 1st Priority Principal Distribution (Item 56)				—

75	Equals: Remaining Available Funds before Servicer Advance (If < 0, Available Funds Shortfall)				46,686,680.28
76	Monthly Lease Payments Due on Included Units but not received (N/A if Item 73 > 0)				N/A

77	Servicer Advance (If Item 73 < 0, lesser of Item 74 and absolute value of Item 73, else 0)				—


78	Total Available Funds after Servicer Advance (Item 73 plus Item 74)				46,686,680.28

79	Reserve Account Draw Amount (If Item 76 is < 0, Lesser of the Reserve Account Balance and Item 76)				—

80	Reconciliation of Servicer Advance:
81	Beginning Balance of Servicer Advance				—
82	Payment Date Advance Reimbursement				—
83	Additional Payment Advances for current period				—

84	Ending Balance of Payment Advance				—


F. RESERVE ACCOUNT
85	Reserve Account Balances:
86	Targeted Reserve Account Balance				8,554,597.24
87	Initial Reserve Account Balance				8,554,597.24
88	Beginning Reserve Account Balance				8,554,597.24
89	Plus: Net Investment Income for the Collection Period				2,865.82

90	Subtotal: Reserve Fund Available for Distribution				8,557,463.06
91	Plus: Deposit of Excess Available Funds to reach Specified Balance (Item 47)				—
92	Less: Reserve Account Draw Amount (Item 77)				—

93	Subtotal Reserve Account Balance				8,557,463.06
94	Less: Excess Reserve Account Funds to Transferor (If Item 91 > Item 84)				2,865.82

95	Equals: Ending Reserve Account Balance				8,554,597.24


96	Change in Reserve Account Balance from Immediately Preceding Payment Date				—


97	Current Period Net Residual Losses:	*Units*		*Amounts*
98	Aggregate Securitization Value for Scheduled Terminated Units		812		11,875,363.58
99	Less: Aggregate Sales Proceeds for Current Month Scheduled Terminated Units				(7,438,471.44	)
100	Less: Aggregate Sales Proceeds & Recoveries for Prior Month Scheduled Terminated Units				(161,995.72	)
101	Less: Excess Wear and Tear Received				(294,468.64	)
102	Less: Excess Mileage Received				(173,299.45	)

103	Current Period Net Residual Losses/(Gains)		812		3,807,128.33

104	Cumulative Net Residual Losses:
105	Beginning Cumulative Net Residual Losses		4,473		3,578,298.33
106	Current Period Net Residual Losses (Item 101)		812		3,807,128.33

107	Ending Cumulative Net Residual Losses		5,285		7,385,426.66

108	Cumulative Net Residual Losses/(Gains) as a % of Aggregate Initial Securitization Value				0.43	%


Volkswagen Auto Lease Trust 2015-A
MONTHLY SERVICER CERTIFICATE
For the collection period ended 07-29-16		PAGE 3


G. POOL STATISTICS
109	Collateral Pool Balance Data						*Initial*			*Current*
110	Aggregate Securitization Value							1,710,919,448			982,749,243
111	Aggregate Base Residual Value							1,148,071,534			825,242,661
112	Number of Current Contracts							69,355			49,032
113	Weighted Average Lease Rate							2.64%			2.60	%
114	Average Remaining Term							28.6			10.7
115	Average Original Term							39.2			39.1
116	Proportion of Base Prepayment Assumption Realized										146.34	%
117	Actual Monthly Prepayment Speed										1.25	%
118	Turn-in Ratio on Scheduled Terminations										99.75	%

		*Sales Proceeds*		*Units*			*Book Amount*			*Securitization Value*
119	Pool Balance - Beginning of Period				50,879			1,160,079,376			1,028,088,530
120	Depreciation/Payments							(14,359,548	)		(13,680,603	)
121	Gross Credit Losses				(41	)		(809,287	)		(793,969	)
122	Early Terminations - Regular				(994	)		(21,161,143	)		(18,989,351	)
123	Early Terminations - Lease Pull Aheads				—			—			—
124	Scheduled Terminations - Purchased by Customer		27,288		(2	)		(36,116	)		(32,799	)
125	Scheduled Terminations - Sold at Auction		2,322,328		(492	)		(7,561,979	)		(7,034,593	)
126	Scheduled Terminations - Purchased by Dealer		5,065,435		(318	)		(5,289,682	)		(4,807,972	)

127	Pool Balance - End of Period				49,032			1,110,861,621			982,749,243


128	Delinquencies Aging Profile - End of Period			*Units*			*Securitization Value*			*Percentage*
129	Current				47,991			965,329,573			98.23	%
130	31 - 90 Days Delinquent				941			15,543,682			1.58	%
131	91+ Days Delinquent				100			1,875,988			0.19	%

132	Total				49,032			982,749,243			100.00	%


133	Credit Losses:						*Units*			*Amounts*
134	Aggregate Securitization Value on charged-off units							41			793,969
135	Aggregate Liquidation Proceeds on charged-off units										(304,264	)
136	Aggregate Securitization Value on charged-off units previously categorized as Early Terminations										—
137	Aggregate Liquidation Proceeds on charged-off units previously categorized as Early Terminations										—
138	Recoveries on charged-off units										(398,569	)

139	Current Period Aggregate Net Credit Losses/(Gains)							41			91,137


140	Cumulative Net Credit Losses:
141	Beginning Cumulative Net Credit Losses							443			4,832,768
142	Current Period Net Credit Losses (Item 136)							41			91,137

143	Ending Cumulative Net Credit Losses							484			4,923,905

144	Cumulative Net Credit Losses/(Gains) as a % of Aggregate Initial Securitization Value										0.29	%


145	Aging of Scheduled Maturies Not Sold									*Units*
146	0 - 60 Days since Contract Maturity										869
147	61 - 120 Days since Contract Maturity										570
148	121+ Days since Contract Maturity										408

VW CREDIT, INC., as Servicer


Volkswagen Auto Lease Trust 2015-A
MONTHLY SERVICER CERTIFICATE
For the collection period ended 07-29-16		PAGE 4


*SCHEDULED REDUCTION IN AGGREGATE SECURITIZATION VALUE*

			*Scheduled*
	*Payment Date*		*Reduction ⁽¹⁾*
		9/20/2016		55,647,372
		10/20/2016		55,758,031
		11/20/2016		46,024,983
		12/20/2016		32,416,026
		1/20/2017		40,038,711
		2/20/2017		40,526,790
		3/20/2017		47,375,066
		4/20/2017		64,612,958
		5/20/2017		60,784,831
		6/20/2017		69,567,285
		7/20/2017		78,577,656
		8/20/2017		63,562,157
		9/20/2017		58,328,355
		10/20/2017		54,775,628
		11/20/2017		52,321,645
		12/20/2017		45,751,506
		1/20/2018		22,939,227
		2/20/2018		18,046,729
		3/20/2018		16,905,514
		4/20/2018		14,563,274
		5/20/2018		12,090,008
		6/20/2018		9,412,927
		7/20/2018		4,627,163
		8/20/2018		3,661,290
		9/20/2018		3,208,093
		10/20/2018		4,377,403
		11/20/2018		4,349,364
		12/20/2018		2,426,937
		1/20/2019		72,316
		2/20/2019		—
		3/20/2019		—
		4/20/2019		—
		5/20/2019		—
		6/20/2019		—
		7/20/2019		—
		8/20/2019		—
		9/20/2019		—
		10/20/2019		—
		11/20/2019		—
		12/20/2019		—
		1/20/2020		—
		2/20/2020		—
		3/20/2020		—
		4/20/2020		—
		5/20/2020		—
		6/20/2020		—
		7/20/2020		—
		8/20/2020		—
		9/20/2020		—
		10/20/2020		—
		11/20/2020		—
		12/20/2020		—
		1/20/2021		—
		2/20/2021		—
		3/20/2021		—
		4/20/2021		—
		5/20/2021		—
		6/20/2021		—

		Total:		982,749,243.34


		(1) This column represents the monthly reduction in the Aggregate Securitization Value, assuming
		(a) each collection period is a calendar month rather than a fiscal month,
		(b) timely receipt of all monthly rental payments and sales proceeds,
		(c) no credit or residual losses and
		(d) no prepayments (including defaults, purchase option excercises or other early lease terminations).
		Actual cash flows are likely to vary from these amounts.

		*Summary of Material Modifications, Extensions or Waivers*

		None in the current month

		*Summary of Material Breaches of Representations or Warranties Related to Eligibility Criteria*

		None in the current month

		*Summary of Material Breaches by the Issuer of Transaction Covenants*

		None in the current month

		Summary of Material Changes in Practices With respect to Charge-Offs, Collections 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

		None in the current month

Volkswagen Auto Lease Trust 2015-A 10-D