
Volkswagen Auto Loan Enhanced Trust 2014-2			Amended Exhibit 99.1
MONTHLY SERVICER CERTIFICATE
For the collection period ended 8-31-2016			PAGE 1

A. DATES

Begin

End

# days

Determination Date

9/16/2016

Payment Date

9/20/2016

Collection Period

7/30/2016

8/31/2016

Monthly Interest Period—Actual/360

8/22/2016

9/19/2016

Monthly Interest—30/360


*B. SUMMARY*
		*Initial Balance*			*Beginning Balance*		*Principal Payment*		*Ending Balance*		*Note Factor*
6	Class A-1 Notes		199,000,000.00			—		—		—		—
7	Class A-2 Notes		325,000,000.00			—		—		—		—
8	Class A-3 Notes		369,000,000.00			334,857,460.23		21,431,051.42		313,426,408.81		0.8493941
9	Class A-4 Notes		107,000,000.00			107,000,000.00		—		107,000,000.00		1.0000000

10	Total Securities	$	1,000,000,000.00		$	441,857,460.23	$	21,431,051.42	$	420,426,408.81


11	Overcollateralization		30,941,157.10			30,941,157.10				30,941,157.10

12	Adjusted Pool Balance	$	1,030,941,157.10		$	472,798,617.33	$	21,431,051.42	$	451,367,565.91

13	YSOC		43,423,011.47			16,463,407.47				15,546,856.73

14	Net Pool Balance	$	1,074,364,168.57		$	489,262,024.80	$	21,431,051.42	$	466,914,422.64


		*Coupon Rate*			*Interest Pmt Due*		Per $1000 Face Amount		Principal & Interest Payment Due		Per $1000 Face Amount
15	Class A-1 Notes		0.20000	%		—		—		—		—
16	Class A-2 Notes		0.53000	%		—		—		—		—
17	Class A-3 Notes		0.95000	%		265,095.49		0.7184160		21,696,146.91		58.7971461
18	Class A-4 Notes		1.39000	%		123,941.67		1.1583334		123,941.67		1.1583334

	Total Securities					389,037.16				21,820,088.58


C. COLLECTIONS AND AVAILABLE FUNDS
19	Scheduled Principal Payments Received	21,705,607.79
20	Scheduled Interest Payments Received	955,881.22
21	Prepayments of Principal Received	13.58
22	Liquidation Proceeds	156,049.44
23	Recoveries Received	104,371.26
24	Other Payments Received to Reduce Principal

25	Subtotal: Total Collections	22,921,923.29

26	Repurchased Receivables	—
27	Reserve Account Excess Amount (Item 88)	1,275.05

28	Total Available Funds, prior to Servicer Advances	22,923,198.34

29	Servicer Advance (Item 71)	—

30	Total Available Funds + Servicer Advance	22,923,198.34

31	Reserve Account Draw Amount (Item 74)	—

32	Total Available Funds + Servicer Advance and Reserve Account Draw Amount	22,923,198.34


D. DISTRIBUTIONS
	Distribution Summary:
33	Prior Advance Reimbursement (Item 77)	—
34	Servicing Fees (Item 41)	407,718.35
35	Class A Noteholder Interest (Item 50)	389,037.16
36	Principal Distribution Amount (Item 75)	21,431,051.42
37	Amount Paid to Reserve Account to Reach Specified Balance	—
38	Other Amounts Paid to Trustees	—
39	Certificateholders Principal Distribution Amount	—

40	Remaining Funds to Seller	695,391.41

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		Due		Shortfall			Paid
	Distribution Detail:
41	Servicing Fees		407,718.35		—			407,718.35


	Pro rata:
42	Class A-1 Interest		—		—			—
43	Class A-2 Interest		—		—			—
44	Class A-3 Interest		265,095.49		—			265,095.49
45	Class A-4 Interest		123,941.67		—			123,941.67
46	Class A-1 Interest Carryover Shortfall		—		—			—
47	Class A-2 Interest Carryover Shortfall		—		—			—
48	Class A-3 Interest Carryover Shortfall		—		—			—
49	Class A-4 Interest Carryover Shortfall		—		—			—

50	Class A Noteholder Interest		389,037.16		—			389,037.16

E. CALCULATIONS
	Calculation of Principal Distribution Amount:
51	Beginning Adjusted Pool Balance							472,798,617.33
52	Beginning Net Pool Balance				489,262,024.80
53	Receipts of Scheduled Principal				(21,705,607.79	)
54	Receipts of Prepaid Principal				(13.58	)
55	Liquidation Proceeds				(156,049.44	)
56	Other Collections of Principal				—
57	Principal Amount of Repurchases				—
58	Principal Amount of Defaulted Receivables				(485,931.35	)

59	Ending Net Pool Balance				466,914,422.64
60	Yield Supplement Overcollateralization Amount				15,546,856.73

61	Adjusted Pool Balance				451,367,565.91
62	Less: Adjusted Pool Balance—End of Collection Period							451,367,565.91

63	Calculated Principal Distribution Amount							21,431,051.42


	Calculation of Servicer Advance:
64	Available Funds, prior to Servicer Advances (Item 28)							22,923,198.34
65	Less: Prior Advance Reimbursement (Item 33)							—
66	Less: Servicing Fees Paid (Item 34)							407,718.35
67	Less: Interest Paid to Noteholders (Item 35)							389,037.16
68	Less: Calculated Principal Distribution (Item 63)							21,431,051.42

69	Equals: Remaining Available Funds before Servicer Advance							695,391.41
70	Monthly Loan Payments Due on Included Units but not received (N/A if Item 69 > 0)							N/A

71	Servicer Advance (If Item 69 < 0, lesser of Item 69 and Item 70, else 0)							—


	Calculation of Reserve Account Draw Amount:
72	Remaining Available Funds, before Reserve Account Draw (Item 69 plus Item 71)							695,391.41
73	Available Funds Shortfall Amount (If Item 72 < 0, Item 72, else 0)							—

74	Reserve Account Draw Amount (If Item 73 is > 0, Lesser of Reserve Acct Balance and Item 73)							—

75	Principal Distribution Amount (Item 63—Available Funds Shortfall + Reserve Account Draw Amt)							21,431,051.42

	Reconciliation of Servicer Advance:
76	Beginning Balance of Servicer Advance							—
77	Less: Prior Advance Reimbursement							—
78	Plus: Additional Servicer Advances for Current Period							—

79	Ending Balance of Servicer Advance							—


F. RESERVE ACCOUNT
	Reserve Account Balances:
80	Specified Reserve Account Balance (Lesser of (a) $5,154,705.79, and (b) the aggregate note balance)	5,154,705.79
81	Initial Reserve Account Balance	1,030,941.16
82	Beginning Reserve Account Balance	5,154,705.79
83	Plus: Net Investment Income for the Collection Period	1,275.05

84	Subtotal: Reserve Fund Available for Distribution	5,155,980.84
85	Plus: Deposit of Excess Available Funds (Item 37)	—
86	Less: Reserve Account Draw Amount (Item 74)	—

87	Subtotal Reserve Account Balance	5,155,980.84
88	Less: Reserve Account Excess Amount to Available Funds (If Item 87 > Item 80)	1,275.05

89	Equals: Ending Reserve Account Balance	5,154,705.79

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

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G. POOL STATISTICS
					*Initial*			Current
	Collateral Pool Balance Data:
91	Net Pool Balance					1,074,364,169			466,914,423
92	Number of Current Contracts					46,738			34,136
93	Weighted Average Loan Rate					2.38	%		2.28	%
94	Average Remaining Term					65.0			35.4
95	Average Original Term					56.55			65.8
96	Monthly Prepayment Rate								1.18	%

	Net Credit Loss and Repossession Activity:				*Units*			*Outstanding* *Principal Balance*
97	Aggregate Outstanding Principal Balance of Charged Off Receivables					35			627,831.03
98	Liquidation Proceeds on Related Vehicles								141,899.68
99	Recoveries Received on Receivables Previously Charged Off								104,371.26

100	Net Principal Losses for Current Collection Period					35			381,560.09


101	Beginning Net Principal Losses					352			6,359,043.84
102	Net Principal Losses for Current Collection Period					35			381,560.09

103	Cumulative Net Principal Losses					387			6,740,603.93

104	Cumulative Net Loss Ratio (Cumulative Net Principal Losses divided by $1,074,364,168.57)								0.63	%


	Delinquencies Aging Profile—End of Period:	*Percentage*			*Units*			*Outstanding* *Principal Balance*
105	Current		99.02	%		33,854			462,360,975.88
106	31 - 60 Days Delinquent		0.79	%		228			3,701,327.74
107	61 - 90 Days Delinquent		0.18	%		54			852,119.02

108	Total		100.00	%		34,136			466,914,422.64


	*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

VW CREDIT, INC., as Servicer

VOLKSWAGEN AUTO LEASE/LOAN UNDERWRITTEN FUNDING, LLC 10-D/A