
Volkswagen Auto Lease Trust 2020-A		Exhibit 99.1
MONTHLY SERVICER CERTIFICATE
For the collection period ended 07-29-22		PAGE 1

DATES

Begin

End

# days

Determination Date

8/18/2022

Payment Date

8/22/2022

Collection Period

7/1/2022

7/29/2022

Monthly Interest Period - Actual

7/20/2022

8/21/2022

Monthly Interest - 30/360

SUMMARY


							*Principal Payment*
		*Initial Balance*			*Beginning Balance*		*1st Priority*		*Regular*		*Ending Balance*		*Note Factor*
6	Class A-1 Notes		198,000,000.00			—		—		—		—		—
7	Class A-2 Notes		369,000,000.00			—		—		—		—		—
8	Class A-3 Notes		359,000,000.00			318,863,536.86		—		39,554,994.12		279,308,542.74		0.7780182
9	Class A-4 Notes		74,000,000.00			74,000,000.00		—		—		74,000,000.00		1.0000000

10	Equals: Total Securities	$	1,000,000,000.00		$	392,863,536.86	$	—	$	39,554,994.12	$	353,308,542.74

11	Overcollateralization		162,803,597.32			177,327,548.59						177,327,548.59

12	Total Securitization Value	$	1,162,803,597.32		$	570,191,085.45			$	39,554,994.12	$	530,636,091.33

13	NPV Lease Payments Receivable		538,370,204.51			112,719,300.91						99,543,515.96
14	NPV Base Residual		624,433,392.81			457,471,784.53						431,092,575.36
15	Number of Leases		41,732			28,075						26,490

									*Per $1000*		*Principal& Interest*		*Per $1000*
		*Coupon Rate*			*Libor Rate*		*Interest Pmt Due*		*Face Amount*		*Payment Due*		*Face Amount*
16	Class A-1 Notes		0.18492	%		N/A		—		—		—		—
17	Class A-2 Notes		0.27000	%		N/A		—		—		—		—
18	Class A-3 Notes		0.39000	%		N/A		103,630.65		0.2886648		39,658,624.77		110.4697069
19	Class A-4 Notes		0.45000	%		N/A		27,750.00		0.3750000		27,750.00		0.3750000

	Equals: Total Securities							131,380.65				39,686,374.77


C.	COLLECTIONS AND AVAILABLE FUNDS
20	Lease Payments Received	12,055,318.67
21	Pull Ahead Waived Payments	—
22	Sales Proceeds - Early Terminations	20,794,559.14
23	Sales Proceeds - Scheduled Terminations	15,670,478.31
24	Security Deposits for Terminated Accounts	17,125.00
25	Excess Wear and Tear Received	5,163.90
26	Excess Mileage Charges Received	11,576.11
27	Proceeds Received on Defaulted Leases and Other Recoveries	35,776.65

28	Subtotal: Total Collections	48,589,997.78

29	Repurchase Payments	—
30	Postmaturity Term Extension	—
31	Investment Earnings on Collection Account	86,658.05

32	Total Available Funds, prior to Servicer Advances	48,676,655.83

33	Servicer Advance	—

34	Total Available Funds	48,676,655.83

35	Reserve Account Draw	—

36	Available for Distribution	48,676,655.83


D.	DISTRIBUTIONS
37	Payment Date Advance Reimbursement (Item 82)		—
38	Servicing Fee (Servicing and Administrative Fees paid pro rata):
39	Servicing Fee Shortfall from Prior Periods		—
40	Servicing Fee Due in Current Period		475,159.24
41	Servicing Fee Shortfall		—
42	Administration Fee (Servicing and Administrative Fees paid pro rata):
43	Administration Fee Shortfall from Prior Periods		—
44	Administration Fee Due in Current Period		2,500.00
45	Administration Fee Shortfall		—
46	Interest Shortfall from Prior Periods
47	Interest Paid to Noteholders		131,380.65
48	First Priority Principal Distribution Amount		—
49	Amount Paid to Reserve Account to Reach Specified Balance		—
50	Subtotal: Remaining Available Funds	48,067,615.94
51	Regular Principal Distribution Amount	39,554,994.12
52	Regular Principal Paid to Noteholders (lesser of Item 50 and Item 51)		39,554,994.12
53	Amounts paid to indenture, owner, and origination trustee and asset representations reviewer		—

54	Remaining Available Funds		8,512,621.82

PAGE 2


E.	*CALCULATIONS*
55	Calculation of First Priority Principal Distribution Amount:
56	Outstanding Principal Amount of the Notes (Beg. Of Collection Period)				392,863,536.86
57	Less: Aggregate Securitization Value (End of Collection Period)				(530,636,091.33	)

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)				392,863,536.86
61	Less: Targeted Note Balance				(353,308,542.74	)
62	Less: First Priority Principal Distribution Amount				—

63	Regular Principal Distribution Amount				39,554,994.12


64	Calculation of Targeted Note Balance:
65	Aggregate Securitization Value (End of Collection Period)				530,636,091.33
66	Less: Targeted Overcollateralization Amount (15.25% of Initial Securitization Value)				(177,327,548.59	)

67	Targeted Note Balance				353,308,542.74


68	Calculation of Servicer Advance:
69	Available Funds, prior to Servicer Advances (Item 32)				48,676,655.83
70	Less: Payment Date Advance Reimbursement (Item 82)				—
71	Less: Servicing Fees Paid (Items 39, 40 and 41)				475,159.24
72	Less: Administration Fees Paid (Items 43, 44 and 45)				2,500.00
73	Less: Interest Paid to Noteholders (Item 47)				131,380.65
74	Less: 1st Priority Principal Distribution (Item 58)				—

75	Equals: Remaining Available Funds before Servicer Advance (If < 0, Available Funds Shortfall)				48,067,615.94
76	Monthly Lease Payments Due on Included Units but not received (N/A if Item 75 > 0)				N/A

77	Servicer Advance (If Item 75 < 0, lesser of Item 76 and absolute value of Item 75, else 0)				—

78	Total Available Funds after Servicer Advance (Item 76 plus Item 77)				48,067,615.94

79	Reserve Account Draw Amount (If Item 78 is < 0, Lesser of the Reserve Account Balance and Item 78)				—


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				2,907,008.99
87	Initial Reserve Account Balance				2,907,008.99
88	Beginning Reserve Account Balance				2,907,008.99
89	Plus: Net Investment Income for the Collection Period				3,466.82

90	Subtotal: Reserve Fund Available for Distribution				2,910,475.81
91	Plus: Deposit of Excess Available Funds to reach Specified Balance (Item 49)				—
92	Less: Reserve Account Draw Amount (Item 79)				—

93	Subtotal Reserve Account Balance				2,910,475.81
94	Less: Excess Reserve Account Funds to Transferor (If Item 93 > Item 86)				3,466.82

95	Equals: Ending Reserve Account Balance				2,907,008.99

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


		*Units*		*Amounts*
97	Current Period Net Residual Losses:
98	Aggregate Securitization Value for Scheduled Terminated Units		684		13,490,777.35
99	Less: Aggregate Sales Proceeds and Other Collections for Current Month Scheduled Terminated Units				(15,721,368.07	)
100	Less: Aggregate Sales Proceeds & Recoveries for Prior Month Scheduled Terminated Units				(55,201.93	)
101	Less: Excess Wear and Tear Received				(5,163.90	)
102	Less: Excess Mileage Received				(11,576.11	)

103	Current Period Net Residual Losses/(Gains)		684		(2,302,532.66	)

104	Cumulative Net Residual Losses:
105	Beginning Cumulative Net Residual Losses		2,091		(8,503,891.31	)
106	Current Period Net Residual Losses (Item 103)		684		(2,302,532.66	)

107	Ending Cumulative Net Residual Losses		2,775		(10,806,423.97	)

108	Cumulative Net Residual Losses/(Gains) as a % of Aggregate Initial Securitization Value				-0.93	%

PAGE 3


G.	*POOL STATISTICS*

							*Initial*			*Current*
109	Collateral Pool Balance Data
110	Aggregate Securitization Value							1,162,803,597.32			530,636,091.33
111	Aggregate Base Residual Value							731,412,531.60			452,427,547.37
112	Number of Current Contracts							41,732			26,490
113	Weighted Average Lease Rate							2.85	%		2.61	%
114	Average Remaining Term							27.0			7.4
115	Average Original Term							39.7			40.0
116	Proportion of Base Prepayment Assumption Realized										134.96	%
117	Actual Monthly Prepayment Speed										1.56	%
118	Turn-in Ratio on Scheduled Terminations										68.42	%

		*Sales Proceeds*		*Units*			*Book Amount*			*Securitization Value*
119	Pool Balance - Beginning of Period				28,075			670,398,120.16			570,191,085.45
120	Depreciation/Payments							(10,927,974.71	)		(8,300,593.54	)
121	Gross Credit Losses				(5	)		(126,127.66	)		(125,629.15	)
122	Early Terminations - Purchased by Customer				(179	)		(4,027,108.28	)		(3,404,737.76	)
123	Early Terminations - Sold at Auction				(5	)		(101,897.60	)		(85,810.51	)
124	Early Terminations - Purchased by Dealer				(712	)		(16,630,593.13	)		(14,147,445.81	)
125	Early Terminations - Lease Pull Aheads				—			—			—
126	Scheduled Terminations - Purchased by Customer		4,762,254		(216	)		(4,961,281.66	)		(4,205,195.33	)
127	Scheduled Terminations - Sold at Auction		226,948		(7	)		(199,042.18	)		(164,346.30	)
128	Scheduled Terminations - Purchased by Dealer		10,633,654		(461	)		(10,659,970.69	)		(9,121,235.72	)

129	Pool Balance - End of Period				26,490			622,764,124.25			530,636,091.33


				*Units*			*Securitization Value*			*Percentage*
130	Delinquencies Aging Profile - End of Period
131	Current				26,367			528,128,528.86			99.53	%
132	31 - 60 Days Delinquent				91			1,811,542.62			0.34	%
133	61 - 90 Days Delinquent				19			402,590.30			0.08	%
134	91+ Days Delinquent				13			293,429.55			0.06	%

135	Total				26,490			530,636,091.33			100.00	%


136	Delinquency Trigger										6.86	%
137	Delinquency Percentage (61 - Day Delinquent Receivables)										0.13	%
138	Delinquency Trigger occurred in this collection Period?										No

							*Units*			*Amounts*
139	Credit Losses:
140	Aggregate Securitization Value on charged-off units							5			125,629.15
141	Aggregate Liquidation Proceeds on charged-off units										(646.40	)
142	Aggregate Securitization Value on charged-off units previously categorized as Early Terminations										—
143	Aggregate Liquidation Proceeds on charged-off units previously categorized as Early Terminations										—
144	Recoveries on charged-off units										(35,130.25	)

145	Current Period Aggregate Net Credit Losses/(Gains)							5			89,852.50


146	Cumulative Net Credit Losses:
147	Beginning Cumulative Net Credit Losses							114			1,255,388.93
148	Current Period Net Credit Losses (Item 145)							5			89,852.50

149	Ending Cumulative Net Credit Losses							119			1,345,241.43

150	Cumulative Net Credit Losses/(Gains) as a % of Aggregate Initial Securitization Value										0.12	%


										*Units*
151	Aging of Scheduled Maturies Not Sold
152	0 - 60 Days since Contract Maturity										150
153	61 - 120 Days since Contract Maturity										20
154	121+ Days since Contract Maturity										5

	*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 Trust 2020-A 10-D