# EDGAR Filing Document

**Accession Number:** 0001182534
**File Stem:** 0001104659-25-110474
**Filing Date:** 2025-11
**Character Count:** 4297
**Document Hash:** b10aa3813cac4bd98c303c9da895fa9e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-110474.hdr.sgml**: 20251112

**ACCESSION NUMBER**: 0001104659-25-110474

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20251112

**DATE AS OF CHANGE**: 20251112

**SUBJECT COMPANY**: 

**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:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-269194
- **FILM NUMBER:** 251473757

**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
**FILED BY**: 

**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:** FWP

**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

**Filed Pursuant to Rule 433**

**Registration No. 333-269194**

Free Writing Prospectus dated November 12, 2025

**Volkswagen Auto Loan Enhanced Trust 2025-2**

Issuing Entity

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Volkswagen Auto Lease/Loan<br>Underwritten Funding, LLC** | &nbsp;&nbsp;**VW Credit, Inc.** |
| &nbsp;&nbsp;Depositor | &nbsp;&nbsp;Sponsor, Originator and Servicer |

---

The depositor has prepared a preliminary prospectus dated November 12, 2025 which describes the notes to be issued by the issuing entity. You should review the preliminary prospectus in its entirety before deciding to purchase any of the notes.

**Ratings**

The depositor expects that the notes issued by the issuing entity will receive the indicated credit ratings from the nationally recognized statistical rating organizations, or "rating agencies," listed below.

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Moody's Investors Service, Inc.** | &nbsp;&nbsp;**Fitch Ratings, Inc.** |
| &nbsp;&nbsp;Class A-1 Notes | &nbsp;&nbsp;P-1 (sf) | &nbsp;&nbsp;F1+ sf |
| &nbsp;&nbsp;Class A-2-A Notes | &nbsp;&nbsp;Aaa (sf) | &nbsp;&nbsp;AAAsf |
| &nbsp;&nbsp;Class A-2-B Notes | &nbsp;&nbsp;Aaa (sf) | &nbsp;&nbsp;AAAsf |
| &nbsp;&nbsp;Class A-3 Notes | &nbsp;&nbsp;Aaa (sf) | &nbsp;&nbsp;AAAsf |
| &nbsp;&nbsp;Class A-4 Notes | &nbsp;&nbsp;Aaa (sf) | &nbsp;&nbsp;AAAsf |

---

It is a condition to the issuance of the notes that, on the closing date, each class of notes receive at least the ratings listed above.

*Underwriters*

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**BofA Securities** | &nbsp;&nbsp;**Citigroup** | &nbsp;&nbsp;**Mizuho** | &nbsp;&nbsp;**US Bancorp** |

---

The depositor has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling 1-800-294-1322.