Exhibit 99.1



Volkswagen Auto Loan Enhanced Trust 2008-1
MONTHLY SERVICER CERTIFICATE
For the collection period ended 6-27-2009		PAGE 1


A.	*DATES*	*Begin*	*End*	*# days*

1	Determination Date		7/16/2009

2	Payment Date		7/20/2009

3	Collection Period	5/31/2009	6/27/2009	28

4	Monthly Interest Period - Actual/360	6/22/2009	7/19/2009	28

5	Monthly Interest - 30/360			30


B.	*SUMMARY*


		*Initial Balance*			*Beginning Balance*		*Principal Payment*		*Ending Balance*		*Note Factor*
6	Class A-1 Notes		245,000,000.00			—		—		—		—
7	Class A-2-A Notes		305,000,000.00			159,834,802.43		22,440,927.53		137,393,874.90		0.4504717
8	Class A-3-A Notes		255,000,000.00			255,000,000.00		—		255,000,000.00		1.0000000
9	Class A-4-B Notes		214,450,000.00			214,450,000.00		—		214,450,000.00		1.0000000

10	Total Securities	$	1,019,450,000.00		$	629,284,802.43	$	22,440,927.53	$	606,843,874.90

11	Overcollateralization		23,481,371.55			23,481,371.55				23,481,371.55
12	Adjusted Pool Balance		1,042,931,371.55			652,766,173.98		22,440,927.53		630,325,246.45
13	YSOC	$	62,585,327.65		$	35,513,756.24			$	33,917,841.55

14	Net Pool Balance	$	1,105,516,699.20		$	688,279,930.22	$	22,440,927.53	$	664,243,088.00


							*Per $1000*		*Principal& Interest*		*Per $1000*
		*Coupon Rate*			*Interest Pmt Due*		*Face Amount*		*Payment Due*		*Face Amount*

15	Class A-1 Notes		2.8400	%		—		—		—		—
16	Class A-2-A Notes		3.7100	%		494,155.93		3.0916667		22,935,083.46		143.4924254
17	Class A-3-A Notes		4.5000	%		956,250.00		3.7500000		956,250.00		3.7500000
18	Class A-4-B Notes		2.0150	%		336,090.81		1.5672222		336,090.81		1.5672222

	Total Securities					1,786,496.74				24,227,424.27



C.	*COLLECTIONS AND AVAILABLE FUNDS*

19	Scheduled Principal Payments Received	15,455,900.86
20	Scheduled Interest Payments Received	3,007,072.84
21	Prepayments of Principal Received	305,119.65
22	Liquidation Proceeds	6,864,586.13
23	Recoveries Received	1,073,392.41
24	Other Payments Received to Reduce Principal

25	Subtotal: Total Collections	26,706,071.89

26	Repurchased Receivables	—
27	Net Swap Receipt Class A-4 Notes	—
28	Swap Replacements Proceeds
29	Reserve Account Excess Amount (Item 93)	20,662.62

30	Total Available Funds, prior to Servicer Advances	26,726,734.51

31	Servicer Advance (Item 76)	—

32	Total Available Funds + Servicer Advance	26,726,734.51

33	Reserve Account Draw Amount (Item 79)	—

34	Total Available Funds + Servicer Advance and Reserve Account Draw Amount	26,726,734.51



D.	*DISTRIBUTIONS*

	Distribution Summary:
35	Prior Advance Reimbursement (Item 82)	—
36	Servicing Fees (Item 46)	573,566.61
37	Net Swap Payment Class A-4 Notes	590,333.19
38	Senior Swap Termination Payment (paid pro rata with Class A Noteholder Interest payment)	—
39	Class A Noteholder Interest (Item 55 - paid pro rata with Senior Swap Termination Payment)	1,786,496.74
40	Principal Distribution Amount (Item 80)	22,440,927.53
41	Amount Paid to Reserve Account to Reach Specified Balance	—
42	Subordinated Swap Termination Payments	—
43	Other Amounts Paid to Trustees	—
44	Certificateholders Principal Distribution Amount	—

45	Remaining Funds to Seller	1,335,410.44

PAGE 2


	Distribution Detail:	*Due*		*Shortfall*			*Paid*

46	Servicing Fees		573,566.61		—			573,566.61


	Pro rata:
47	Class A-1 Interest		—		—			—
48	Class A-2 Interest		494,155.93		—			494,155.93
49	Class A-3 Interest		956,250.00		—			956,250.00
50	Class A-4 Interest		336,090.81		—			336,090.81
51	Class A-1 Interest Carryover Shortfall		—		—			—
52	Class A-2 Interest Carryover Shortfall		—		—			—
53	Class A-3 Interest Carryover Shortfall		—		—			—
54	Class A-4 Interest Carryover Shortfall		—		—			—

55	Class A Noteholder Interest		1,786,496.74		—			1,786,496.74


E.	*CALCULATIONS*

	Calculation of Principal Distribution Amount:
56	Beginning Adjusted Pool Balance							652,766,173.98
57	Beginning Net Pool Balance				688,279,930.22
58	Receipts of Scheduled Principal				(15,455,900.86	)
59	Receipts of Prepaid Principal				(305,119.65	)
60	Liquidation Proceeds				(6,864,586.13	)
61	Other Collections of Principal				—
62	Principal Amount of Repurchases				—
63	Principal Amount of Defaulted Receivables				(1,411,235.58	)
64	Ending Net Pool Balance				664,243,088.00
65	Yield Supplement Overcollateralization Amount				33,917,841.55
66	Adjusted Pool Balance				630,325,246.45
67	Less: Adjusted Pool Balance - End of Collection Period							630,325,246.45

68	Calculated Principal Distribution Amount							22,440,927.53


	Calculation of Servicer Advance:
69	Available Funds, prior to Servicer Advances (Item 30)							26,726,734.51
70	Less: Prior Advance Reimbursement (Item 35)							—
71	Less: Servicing Fees Paid (Item 36)							573,566.61
72	Less: Interest Paid to Noteholders and Swap Counterparties (Items 37, 38 and 39)							2,376,829.93
73	Less: Calculated Principal Distribution (Item 68)							22,440,927.53

74	Equals: Remaining Available Funds before Servicer Advance							1,335,410.44
75	Monthly Loan Payments Due on Included Units but not received (N/A if Item 74 > 0)							N/A

76	Servicer Advance (If Item 74 < 0, lesser of Item 74 and Item 75, else 0)							—


	Calculation of Reserve Account Draw Amount:
77	Remaining Available Funds, before Reserve Account Draw (Item 74 plus Item 76)							1,335,410.44
78	Available Funds Shortfall Amount (If Item 77 < 0, Item 77, else 0)							—

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



80	Principal Distribution Amount (Item 68 - Available Funds Shortfall + Reserve Account Draw Amt)							22,440,927.53


	Reconciliation of Servicer Advance:
81	Beginning Balance of Servicer Advance							—
82	Less: Prior Advance Reimbursement							—
83	Plus: Additional Servicer Advances for Current Period							—

84	Ending Balance of Servicer Advance							—


F.	*RESERVE ACCOUNT*

	Reserve Account Balances:
85	Specified Reserve Account Balance (Amended 3-16-09)							55,214,656.86
86	Original Specified Reserve							5,214,656.86
87	Initial Reserve Account Balance							1,042,931.37
88	Beginning Reserve Account Balance							55,214,656.86
89	Plus: Net Investment Income for the Collection Period							20,662.62

90	Subtotal: Reserve Fund Available for Distribution							55,235,319.48
91	Plus: Deposit of Excess Available Funds (Item 41)							—
92	Plus: Deposit of Voluntary Capital Contribution							—
93	Less: Reserve Account Draw Amount (Item 79)							—

94	Subtotal Reserve Account Balance							55,235,319.48
95	Less: Reserve Account Excess Amount to Available Funds (If Item 92 > Item 85)							20,662.62

96	Equals: Ending Reserve Account Balance							55,214,656.86


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

PAGE 3


G.	*POOL STATISTICS*

	Collateral Pool Balance Data:				*Initial*			*Current*

98	Net Pool Balance					1,105,516,699			664,243,088
99	Number of Current Contracts					69,699			45,671
100	Weighted Average Loan Rate					5.54	%		5.71	%
101	Average Remaining Term					55.0			43.6
102	Average Original Term					60.3			62.3
103	Monthly Prepayment Rate								0.89	%

								*Outstanding*
	Net Credit Loss and Repossession Activity:				*Units*			*Principal Balance*
104	Aggregate Outstanding Principal Balance of Charged Off Receivables					76			1,411,235.58
105	Liquidation Proceeds on Related Vehicles								—
106	Recoveries Received on Receivables Previously Charged Off								1,073,392.41

107	Net Principal Losses for Current Collection Period					76			337,843.17

108	Beginning Net Principal Losses					879			12,301,512.63
109	Net Principal Losses for Current Collection Period					76			337,843.17

110	Cumulative Net Principal Losses					955			12,639,355.80

111	Cumulative Net Loss Ratio (Cumulative Net Principal Losses divided by $1,105,516,699.20)								1.14	%

								*Outstanding*
	Delinquencies Aging Profile - End of Period:	*Percentage*			*Units*			*Principal Balance*
112	Current		98.11	%		44,964			651,704,104.02
113	31 - 60 Days Delinquent		1.59	%		602			10,561,183.74
114	61 - 90 Days Delinquent		0.30	%		105			1,977,800.24

115	Total		100.00	%		45,671			664,243,088.00


	Summary of Swap Payments and Receipts
	Receipts:
116	Net Swap Receipt Class A-4 Notes								—
117	Swap Replacements Proceeds								—

118	Total Receipts								—


	Payments:
119	Net Swap Payment Class A-4 Notes								590,333.19

120	Senior Swap Termination Payment								—
121	Subordinated Swap Termination Payments								—

122	Swap Termination Payment								—


	*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 Loan Enhanced Trust 2008-1 10-D