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EXHIBIT 99.2 Virchow, Krause & Company, LLP
30200 Telegraph Road, Suite 100
Bingham Farms, MI 48025
Telephone (248) 540-6600 Report of Independent Accountants on Compliance with
Specified Wholesale Receivable Servicing Standards To the Board of Directors of VW Credit, Inc. and
JPMorgan Chase Bank, Indenture Trustee: Re: The Trust Sale and Servicing Agreement (the Agreement) by and among Volkswagen Credit Auto
Master Owner Trust, as Issuer, Volkswagen Dealer Finance, LLC, as Transferor, and VW Credit, Inc.
as Servicer, dated August 10, 2000 We have examined managements assertion about VW Credit Inc.s (the Company) compliance with the
applicable servicing standards related to wholesale receivables identified in Exhibit I
(collectively, the specified servicing standards) which were derived from the Mortgage Bankers
Association of Americas Uniform Single Attestation Program for Mortgage Bankersas of and for the
year ended December 31, 2004 included in the accompanying management assertion (see Exhibit II).
Management is responsible for the Companys compliance with those specified servicing standards.
Our responsibility is to express an opinion on managements assertion about the Companys
compliance based on our examination. Our examination was made in accordance with attestation standards established by the American
Institute of Certified Public Accountants and, accordingly, included examining, on a test basis,
evidence about the Companys compliance with the specified servicing standards and performing such
other procedures as we considered necessary in the circumstances. We believe that our examination

provides a reasonable basis for our opinion. Our examination does not provide a legal determination
on the Companys compliance with the specified servicing standards. In our opinion, managements assertion that the Company complied with the aforementioned specified
servicing standards as of and for the year ended December 31, 2004 is fairly stated, in all
material respects. /s/ Virchow, Krause & Company, LLP Virchow, Krause & Company, LLP
February 25, 2005
Bingham Farms, Michigan




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(VOLKSWAGEN CREDIT LOGO) 3800 Hamlin Road
Auburn Hills, MI 48326 Exhibit II Managements Assertion Concerning Compliance with
Specified Wholesale Receivable Servicing Standards
 February 25, 2005 Re: The Trust Sale and Servicing Agreement (the Agreement) by and among Volkswagen Credit
Auto Master Owner Trust, as Issuer, Volkswagen Dealer Finance, LLC, as Transferor, and VW Credit, Inc., as Servicer, dated August 10, 2000 Ladies and Gentlemen: As of and for the year ended
December 31, 2004, VW Credit, Inc. (the Company) has complied
in all material respects with the applicable specified servicing standards related to wholesale
receivables identified in Exhibit I (collectively, the specified servicing standards) which were
derived from the Mortgage Bankers Association of Americas Uniform Single Attestation Program for
Mortgage Bankers.  /s/  Kevin KellyKevin Kelly,President, VW Credit, Inc./s/  Bruce HarrisBruce Harris,Chief Financial Officer, VW Credit, Inc./s/  Dennis TackDennis TackController, VW Credit, Inc.




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Exhibit I Specified Wholesale Receivable Servicing Standards
 Advances  
    Funds of the servicing entity shall be advanced in accordance with the Trust Sale
and Servicing Agreement (the Agreement) by and among Volkswagen Credit Auto Master Owner
Trust, as Issuer, Volkswagen Dealer Finance, LLC, as transferor, and VW Credit, Inc., as
Servicer, dated August 10, 2000. Wholesale Finance Receivable Payments  
    Wholesale finance receivable payments shall be deposited into the servicers bank
account within two business days of receipt.
    Wholesale finance receivable payments shall be made in accordance with the borrowers
loan documents, shall be posted to the applicable borrowers records within two business
days of receipt.
    Wholesale finance receivables payments shall be allocated to principal, interest,
insurance, taxes or other escrow items in accordance with the borrowers loan documents.
    Wholesale finance receivables payments identified as loan payoffs shall be allocated in
accordance with the borrowers loan documents. Disbursements  
    Disbursements made via wire transfer on behalf of a borrower or investor shall be
made only by authorized personnel.
    Amounts remitted to investors per the servicers investor reports shall agree with
cancelled checks, or other form of payment, or custodial bank statements. Investor Accounting and Reporting  
    The servicing entitys investor reports shall agree with, or reconcile to,
investors records on a monthly basis as to the total unpaid principal balance serviced by
the servicing entity.