

Volkswagen Auto Loan Enhanced Trust 2008-1		Exhibit 99.1
MONTHLY SERVICER CERTIFICATE
For the collection period ended 8-29-2009		PAGE 1

DATES

Begin

End

# days

Determination Date

9/17/2009

Payment Date

9/21/2009

Collection Period

8/2/2009

8/29/2009

Monthly Interest Period - Actual/360

8/20/2009

9/20/2009

Monthly Interest - 30/360

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		110,685,590.39		21,837,917.58		88,847,672.81		0.2913038
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	$	580,135,590.39	$	21,837,917.58	$	558,297,672.81

11	Overcollateralization		23,481,371.55		23,481,371.55				23,481,371.55

12	Adjusted Pool Balance		1,042,931,371.55		603,616,961.94		21,837,917.58		581,779,044.36

13	YSOC	$	62,585,327.65	$	32,365,094.58			$	30,855,806.42

14	Net Pool Balance	$	1,105,516,699.20	$	635,982,056.52	$	21,837,917.58	$	612,634,850.78


		*Principal& Interest*					*Per $1000*		*Principal& Interest*		*Per $1000*
		*Coupon Rate*			*Payment Due*		*Face Amount*		*Payment Due*		*Face Amount*
15	Class A-1 Notes		2.8400	%		—		—		—		—
16	Class A-2-A Notes		3.7100	%		342,202.95		3.0916667		22,180,120.53		200.3885099
17	Class A-3-A Notes		4.5000	%		956,250.00		3.7500000		956,250.00		3.7500000
18	Class A-4-B Notes		1.9725	%		376,002.33		1.7533333		376,002.33		1.7533333

	Total Securities					1,674,455.28				23,512,372.86


C.	*COLLECTIONS AND AVAILABLE FUNDS*

19	Scheduled Principal Payments Received	14,794,852.69
20	Scheduled Interest Payments Received	2,798,327.68
21	Prepayments of Principal Received	282,461.63
22	Liquidation Proceeds	6,709,157.89
23	Recoveries Received	766,443.63
24	Other Payments Received to Reduce Principal

25	Subtotal: Total Collections	25,351,243.52

26	Repurchased Receivables	—
27	Net Swap Receipt Class A-4 Notes	—
28	Swap Replacements Proceeds
29	Reserve Account Excess Amount (Item 93)	10,714.20

30	Total Available Funds, prior to Servicer Advances	25,361,957.72

31	Servicer Advance (Item 76)	—

32	Total Available Funds + Servicer Advance	25,361,957.72

33	Reserve Account Draw Amount (Item 79)	—

34	Total Available Funds + Servicer Advance and Reserve Account Draw Amount	25,361,957.72


D.	*DISTRIBUTIONS*

	Distribution Summary:
35	Prior Advance Reimbursement (Item 82)	—
36	Servicing Fees (Item 46)	529,985.05
37	Net Swap Payment Class A-4 Notes	550,421.67
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)	1,674,455.28
40	Principal Distribution Amount (Item 80)	21,837,917.58
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	769,178.14


Volkswagen Auto Loan Enhanced Trust 2008-1
MONTHLY SERVICER CERTIFICATE
For the collection period ended 8-29-2009		PAGE 2


	Distribution Detail:	Due		Shortfall		Paid

46	Servicing Fees		529,985.05		—		529,985.05

	Pro rata:
47	Class A-1 Interest		—		—		—
48	Class A-2 Interest		342,202.95		—		342,202.95
49	Class A-3 Interest		956,250.00		—		956,250.00
50	Class A-4 Interest		376,002.33		—		376,002.33
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		1,674,455.28		—		1,674,455.28


E. *CALCULATIONS*

	Calculation of Principal Distribution Amount:
56	Beginning Adjusted Pool Balance			603,616,961.94
57	Beginning Net Pool Balance	635,982,056.52
58	Receipts of Scheduled Principal	(14,794,852.69	)
59	Receipts of Prepaid Principal	(282,461.63	)
60	Liquidation Proceeds	(6,709,157.89	)
61	Other Collections of Principal	—
62	Principal Amount of Repurchases	—
63	Principal Amount of Defaulted Receivables	(1,560,733.53	)

64	Ending Net Pool Balance	612,634,850.78
65	Yield Supplement Overcollateralization Amount	30,855,806.42

66	Adjusted Pool Balance	581,779,044.36
67	Less: Adjusted Pool Balance — End of Collection Period			581,779,044.36

68	Calculated Principal Distribution Amount			21,837,917.58


	Calculation of Servicer Advance:
69	Available Funds, prior to Servicer Advances (Item 30)			25,361,957.72
70	Less: Prior Advance Reimbursement (Item 35)			—
71	Less: Servicing Fees Paid (Item 36)			529,985.05
72	Less: Interest Paid to Noteholders and Swap Counterparties (Items 37, 38 and 39)			2,224,876.95
73	Less: Calculated Principal Distribution (Item 68)			21,837,917.58

74	Equals: Remaining Available Funds before Servicer Advance			769,178.14
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)			769,178.14
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)			21,837,917.58


	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			10,714.20

90	Subtotal: Reserve Fund Available for Distribution			55,225,371.06
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			55,225,371.06
95	Less: Reserve Account Excess Amount to Available Funds (If Item 92 > Item 85)			10,714.20

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


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


Volkswagen Auto Loan Enhanced Trust 2008-1
MONTHLY SERVICER CERTIFICATE
For the collection period ended 8-29-2009		PAGE 3

G.		*POOL STATISTICS*


	Collateral Pool Balance Data:	*Initial*			*Current*
98	Net Pool Balance		1,105,516,699			612,634,851
99	Number of Current Contracts		69,699			44,031
100	Weighted Average Loan Rate		5.54	%		5.74	%
101	Average Remaining Term		55.0			41.9
102	Average Original Term		60.3			62.6
103	Monthly Prepayment Rate					0.91	%


				*Outstanding*
	Net Credit Loss and Repossession Activity:	*Units*		*Principal Balance*
104	Aggregate Outstanding Principal Balance of Charged Off Receivables		81		1,560,733.53
105	Liquidation Proceeds on Related Vehicles				—
106	Recoveries Received on Receivables Previously Charged Off				766,443.63

107	Net Principal Losses for Current Collection Period		81		794,289.90


108	Beginning Net Principal Losses		1,067		13,869,489.68
109	Net Principal Losses for Current Collection Period		81		794,289.90

110	Cumulative Net Principal Losses		1,148		14,663,779.58

111	Cumulative Net Loss Ratio (Cumulative Net Principal Losses divided by $1,105,516,699.20)				1.33	%


	Delinquencies Aging Profile - End of Period:	*Percentage*			*Units*		*Outstanding* *Principal Balance*

112	Current		97.91	%		43,287		599,851,753.35
113	31 - 60 Days Delinquent		1.76	%		636		10,812,567.58
114	61 - 90 Days Delinquent		0.32	%		108		1,970,529.85

115	Total		100.00	%		44,031		612,634,850.78


	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							550,421.67

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