# EDGAR Filing Document

**Accession Number:** 0001182534
**File Stem:** 0001104659-26-003225
**Filing Date:** 2026-1
**Character Count:** 11412
**Document Hash:** 31d568be6e33da62711c5531712441e9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-003225.hdr.sgml**: 20260113

**ACCESSION NUMBER**: 0001104659-26-003225

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260113

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260113

**DATE AS OF CHANGE**: 20260113

**ABS ASSET CLASS**: Auto loans

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Volkswagen Auto Loan Enhanced Trust 2025-2
- **CENTRAL INDEX KEY:** 0002095374
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-269194-05
- **FILM NUMBER:** 26529296

**BUSINESS ADDRESS:**
- **STREET 1:** 1950 OPPORTUNITY WAY, SUITE 1500
- **CITY:** RESTON
- **STATE:** VA
- **ZIP:** 20190
- **BUSINESS PHONE:** (703) 251-5181

**MAIL ADDRESS:**
- **STREET 1:** 1950 OPPORTUNITY WAY, SUITE 1500
- **CITY:** RESTON
- **STATE:** VA
- **ZIP:** 20190
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VOLKSWAGEN AUTO LEASE/LOAN UNDERWRITTEN FUNDING, LLC
- **CENTRAL INDEX KEY:** 0001182534
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 113650483
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-99199
- **FILM NUMBER:** 26529297

**BUSINESS ADDRESS:**
- **STREET 1:** 1950 OPPORTUNITY WAY, SUITE 1500
- **CITY:** RESTON
- **STATE:** VA
- **ZIP:** 20190
- **BUSINESS PHONE:** (703) 251-5181

**MAIL ADDRESS:**
- **STREET 1:** 1950 OPPORTUNITY WAY, SUITE 1500
- **CITY:** RESTON
- **STATE:** VA
- **ZIP:** 20190

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VOLKSWAGEN AUTO LEASE UNDERWRITTEN FUNDING LLC
- **DATE OF NAME CHANGE:** 20020823

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**Current Report Pursuant<br> to Section 13 or 15(d) of the<br> Securities Exchange Act of 1934**

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| | |
|:---|:---|
| **Date of Report (Date of Earliest Event Reported):** | **January 13, 2026** |

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**Volkswagen Auto Loan Enhanced Trust 2025-2**<br> **(Issuing Entity)**

***Central Index Key Number: 0002095374***

**Volkswagen Auto Lease/Loan Underwritten Funding, LLC**<br> **(Depositor)**

***Central Index Key Number: 0001182534***

**VW Credit, Inc.** <br> **(Sponsor)**

***Central Index Key Number: 0000833733***

*(Exact Names of Issuing Entity, Depositor/Registrant and Sponsor as Specified in their respective Charters)*

**Delaware**

*(State or Other Jurisdiction of Incorporation)*

 

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| | |
|:---|:---|
| **333-269194**<br> **333-269194-05** | <br> **11-3650483** |
| *(Commission File Numbers)* | *(Registrant's I.R.S. Employer Identification Nos.)* |

---

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| | |
|:---|:---|
| **1950 Opportunity Way, Suite 1500**<br> **Reston, Virginia** | <br> **20190** |
| *(Address of Principal Executive Offices)* | *(Zip Code)* |

---

**(703) 364-7000**

*(Registrant's Telephone Number, Including Area Code)*

**Not Applicable**

*(Former Name or Former Address, if Changed Since Last Report)*

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

□ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

□ Soliciting material pursuant to Rule 14a-12 under the Exchange
 Act (17 CFR 240.14a-12)

□ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

□ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| N/A | N/A | N/A |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ◻

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

**Item 8.01. Other Events.**

On January 13, 2026, VW Credit, Inc. ("VCI"), as servicer, and Volkswagen Auto Lease/Loan Underwritten Funding, LLC ("VALU Funding"), as seller, entered into an amendment (the "Amendment") to the Sale and Servicing Agreement, dated as of November 25, 2025, by and among Volkswagen Auto Loan Enhanced Trust 2025-2, VALU Funding, VCI, and U.S. Bank Trust Company, National Association. The Amendment amends the definition of "Principal Distribution Amount". The Amendment is attached hereto as Exhibit 99.1.

**Item 9.01. Financial Statements and Exhibits.**

&nbsp;&nbsp;&nbsp;&nbsp;(a) Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Exhibits.

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| | |
|:---|:---|
| **Exhibit**<br>**No.** | <br>**Document Description** |
| [99.1](tm262991d1_ex99-1.htm) | [Amendment to Sale and Servicing Agreement, dated as of January 13, 2026, between VALU Funding and VCI.](tm262991d1_ex99-1.htm) |

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
| Date: January 13, 2026 | **VOLKSWAGEN AUTO LEASE/LOAN UNDERWRITTEN FUNDING, LLC** | **VOLKSWAGEN AUTO LEASE/LOAN UNDERWRITTEN FUNDING, LLC** |
|  | By: | /s/ Garrett Miles |
|  | Name: | Garrett Miles |
|  | Title: | President and Head of Securitization |
|  | By: | /s/ Jens Schreiber |
|  | Name: | Jens Schreiber |
|  | Title: | Chief Financial Officer |

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## Exhibit 99.1

**Exhibit 99.1**

**EXECUTION VERSION**

**AMENDMENT TO**

**SALE AND SERVICING AGREEMENT**

This Amendment to Sale and Servicing Agreement, dated as of January 13, 2026 (this "<u>Amendment</u>"), is by and among Volkswagen Auto Lease/Loan Underwritten Funding, LLC, as seller (the "<u>Seller</u>") and VW Credit, Inc. ("<u>VCI</u>"), as servicer (in such capacity, the "<u>Servicer</u>").

WHEREAS, Volkswagen Auto Loan Enhanced Trust 2025-2, as issuer (the "<u>Issuer</u>"), the Seller, the Servicer, and U.S. Bank Trust Company, National Association, as indenture trustee (the "<u>Indenture Trustee</u>") are parties to that certain Sale and Servicing Agreement, dated as of November 25, 2025 (the "<u>Sale and Servicing Agreement</u>"); and

WHEREAS, the parties hereto desire to amend the Sale and Servicing Agreement pursuant to Section 9.1(a)(iii) thereof in certain respects as set forth herein;

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows:

SECTION 1. <u>Definitions</u>. Capitalized terms used in this Amendment and not otherwise defined herein shall have the meanings assigned thereto in the Sale and Servicing Agreement, as amended hereby.

SECTION 2. <u>Amendments</u>. The Sale and Servicing Agreement is, effective as of the date hereof, hereby amended as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The definition of "*Principal Distribution Amount*" set forth in <u>Appendix A</u> of the Sale and Servicing Agreement is hereby amended and restated in full to read as follows:

"*Principal Distribution Amount*" will mean, for any Payment Date, an amount equal to the excess, if any, of (a) the Note Balance of the Notes as of such Payment Date (before giving effect to any principal payments made on the Notes on such Payment Date), over (b) the Adjusted Pool Balance as of the last day of the related Collection Period minus the Target Overcollateralization Amount, together with any portion of the Principal Distribution Amount that was to be distributed as such on any prior Payment Date but was not so distributed because sufficient funds were not available to make such distribution; provided, that if the Servicer specifies in the related Servicer's Certificate that amounts on deposit in the Reserve Account will be included in the Reserve Account Draw Amount on any Payment Date in accordance with the provisions set forth in the second sentence of the definition of Reserve Account Draw Amount, then, the Principal Distribution Amount for such Payment Date will mean an amount equal to the aggregate unpaid Note Balance of all of the outstanding classes of Notes; provided, further, that the Principal Distribution Amount on and after the Final Scheduled Payment Date of any Class of Notes shall not be less than the amount that is necessary to reduce the aggregate outstanding principal amount of that Class of Notes to zero.

SECTION 3. <u>Miscellaneous</u>. The Sale and Servicing Agreement, as amended hereby, remains in full force and effect. Any reference to the Sale and Servicing Agreement from and after the date hereof shall be deemed to refer to the Sale and Servicing Agreement as amended hereby, unless otherwise expressly stated. This Amendment may be executed in any number of counterparts, including in counterparts executed via electronic signature, each of which when so executed shall be deemed to be an original and all of which when taken together shall constitute one and the same agreement. Delivery of an executed counterpart of a signature page of this Amendment by electronic transmission shall be effective as delivery of a manually executed counterpart of this Amendment. **This Amendment shall be governed by, and construed in accordance with, the laws of the State of New York without giving effect to the conflict of Laws principles thereof (other than Section 5-1401 of the New York General Obligations Law) and the obligations, rights and remedies of the parties under this Amendment shall be determined in accordance with such laws.**

[Signatures follow]

***Amendment to***

***Sale and Servicing Agreement***

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their respective officers thereunto duly authorized, as of the date first above written.

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| | |
|:---|:---|
| **VOLKSWAGEN AUTO LEASE/LOAN UNDERWRITTEN FUNDING, LLC**, as Seller | **VOLKSWAGEN AUTO LEASE/LOAN UNDERWRITTEN FUNDING, LLC**, as Seller |
| By: | /s/ Garett Miles |
| Name: | Garett Miles |
| Title: | President and Head of Securitization |
| By: | /s/ Jens Schreiber |
| Name: | Jens Schreiber |
| Title: | Chief Financial Officer |
| **VW CREDIT, INC.**, as Servicer | **VW CREDIT, INC.**, as Servicer |
| By: | /s/ Garett Miles |
| Name: | Garett Miles |
| Title: | Assistant Treasurer |
| By: | /s/ Jens Schreiber |
| Name: | Jens Schreiber |
| Title: | Treasurer |

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***Amendment to***

***Sale and Servicing Agreement***