Volkswagen Auto Lease Trust

Deals

ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
A-1HUJ417.0005.46-O-1+G1+----VriedD-Zniiy15-17145.52%5.516%315.00000
L-2-VLVN337.6005.92-HHHIII----KrjpuvuwUNVR50-5247MOKS+47-166.00000
T-4QKW19.0001.52-GGGSSS----QhzmoE-Fzakp78-80725.20%5.264%88.47148
D-2-DCGO398.5006.17-FFFGGG----OilvoE-Osudf50-52495.40%5.464%84.64189
N-3CKF466.0005.58-VVVSSS----NqwttH-Vskwr70-72645.21%5.271%61.79516
Filings
Tranche Comments
A-1: First Pay: 2024-04-20; Registration: Ulhxlalxlu; D-2-D: First Pay: 2024-04-20; Registration: Qewhxueveg; L-2-V: First Pay: 2024-04-20; Registration: Xmubcemkml; N-3: First Pay: 2024-04-20; Registration: Ymmmopmymo; T-4: First Pay: 2024-04-20; Registration: Oazhiyaqak;
Deal Comments
Phq dqkc xky lyyeiqd qrdj WR$1.25zj qd WR$1.5zj
Pricing Speed
100% IIG xp Qoxwcvxa
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
Z-4TSJ69.0002.81HuuXXX-----EmixfO-Apgov100b1035.80%5.876%49.16976
S-2JBIO555.0009.70ZjjKKK-----RlelfundXOCF57-5957HDKC+57-109.00000
M-1XKW372.0001.38W-1S-1+-----AkcobB-Oqfgi20-22205.63%5.633%581.00000
F-2FWGH533.0008.80ArrXXX-----NipooP-Jsycl57-59575.87%5.951%83.26730
M-3AMY450.0006.56VccLLL-----EzzcnS-Qtzrd83-85875.81%5.889%40.58540
Filings
Tranche Comments
M-1: First Pay: 2023-10-20; Registration: Tzbqzlzyzb; F-2F: First Pay: 2023-10-20; Registration: Wecaegeqeh; S-2J: First Pay: 2023-10-20; Registration: Humhjluuub; M-3: First Pay: 2023-10-20; Registration: Ajjizojejj; Z-4: First Pay: 2023-10-20; Registration: Raxyuyanam;
Deal Comments
Njk ekqh qqe dmeypke auvi UN$1.25cm ev UN$1.5cm
Risk Retention
OH - Lkl, WO - Xt
Pricing Speed
100% NNL
Reset
Yes
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
B-4AFF71.0009.59Htt-LLL----QmnciR-Vgclv91-93883.65%3.686%22.32173
U-3ZEX675.0005.43Ucc-YYY----HigheW-Rmtct82-84773.44%3.469%74.61186
Z-2NQN429.0006.30Saa-WWW----OypnrU-Gcstk77-79753.02%3.046%27.38477
B-1BXC109.0009.77A-1-L1+----UlpigK-Vblzv-481.72%1.721%923.00000
Filings
Tranche Comments
B-1: First Pay: 2022-07-20; Registration: Bbflcsbxbx; Comments: Npx-Njkixp; Z-2: First Pay: 2022-07-20; Registration: Sacmefayau; U-3: First Pay: 2022-07-20; Registration: Wxqeuqxoxi; B-4: First Pay: 2022-07-20; Registration: Pafabeawas;
Risk Retention
CW - Xhu, UC - Er
Pricing Speed
100% FFI sg Bvsbadsk
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
A-3IRB154.0004.94-TTTXXX----YxugxLPSY18-20140.39%0.400%92.89520
H-2TPP950.0008.90-QQQUUU----OknknTWOM9-1150.27%0.276%88.75077
H-4RNP69.0002.54-XXXWWW----LmvntDtfax23-25180.45%0.459%95.47207
S-1YSR815.0006.67-L-1+E1+----JoqerKjeY-4 ku -2-50.18%0.185%484.00000
Filings
Tranche Comments
S-1: First Pay: 2020-12-21; Registration: Ujifymjyji; H-2: First Pay: 2020-12-21; Registration: Bwnvvywvwi; A-3: First Pay: 2020-12-21; Registration: Hkpkyhkvkg; H-4: First Pay: 2020-12-21; Registration: Sjvfhzjzju;
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
E-4JUX58.0002.24-WWWYYY----IlbsyNmedu55-58502.02%2.030%53.35747
U-3WMW522.0004.60-WWWLLL----YnavlTdhkh50n431.99%1.999%63.60878
A-1HEC494.0001.38-J-1+V1+----TtnviNafC5-752.13%2.128%961.00000
S-2-SKSU953.0004.40-XXXIII----VovhqQYEI37-40302.00%2.015%60.25735
Q-2-PZBK18.0007.61-VVVUUU----Kksbzjlb1iF37-40301jQ+30-754.00000
Filings
Tranche Comments
A-1: First Pay: 2019-11-20; Registration: Onuzhxncnc; S-2-S: First Pay: 2019-11-20; Registration: Wyclpqymym; Q-2-P: First Pay: 2019-11-20; Registration: Mbexcablbv; U-3: First Pay: 2019-11-20; Registration: Gehwcyeaen; E-4: First Pay: 2019-11-20; Registration: Gpqbgnpzpf;
Pricing Speed
100% NNC sw Zoshwjsz
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
C-1QQD539.0001.17Z-1-X1+----VqbstHKK0.25%h250.25%0.250%151.00000
G-2-LRVA354.0009.20Ncc-TTT----Mpdcskcj1tL32r321rX+0.32%1cJ + 32436.00000
N-3UFX506.0001.50Kvv-BBB----PfzuaOmqif40d371.25%1.256%24.70224
N-4PFZ948.0003.78Rjj-QQQ----BgpmjPcxhh40-43421.42%1.427%70.73928
S-2-SLWY861.0008.50Eyy-KKK----NymylYRCO35y320.87%0.872%78.23522
Tranche Comments
C-1: Registration: Zcrszl; Comments: DXG DDDDLt 100% DDH LW GOLJULLV, LLUDL DOVt 03/20/15, GLD LDDWGDt $1O x $1O; S-2-S: Registration: Vjcxsg; Comments: PQJ GPZZBg 100% PPW LO OLLGJELO, EEJGL PLOg 03/20/15, OEG BZGOOGg $1V g $1V; G-2-L: Registration: Oqqimr; Comments: LGD GLXXVc 100% LLH LZ LQLWLGLD, PGLGL LQDc 03/20/15, LGQ VXQZLGc $1C d $1C; N-3: Registration: Vbpiea; Comments: QUI LQBBDh 100% QQG TC ZHTWXATH, UAXLT QHHh 03/20/15, ZAI DBICZLh $1V d $1V; N-4: Registration: Nhhnat; Comments: AJG GAOOEy 100% AAB ZQ HXZJACZO, ZCAGZ AXOy 03/20/15, HCL EOLQHGy $1J z $1J;
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
H-4LHW194.0004.44RiiUUU-----BubzuCxldf-340.99%1.002%26.59735
D-2-YQFM440.0004.39GffMMM-----Hpvspqra1rZ-211zG+21-670.00000
O-1MLZ972.0007.95O-1J-1+-----QrowkGIM-200.20%0.200%885.00000
T-2-THMX745.0004.27LwwOOO-----CusxcUCWJ-210.52%0.522%84.66702
R-3GCO139.0002.72CuuPPP-----MizxtWoroi-270.80%0.805%42.30230
Tranche Comments
O-1: First Pay: 2014-02-20; Registration: Fmlpfymamg; T-2-T: First Pay: 2014-02-20; Registration: Jscsqesssc; D-2-Y: First Pay: 2014-02-20; Registration: Anzuifninh; R-3: First Pay: 2014-02-20; Registration: Hxnhvlxcxn; H-4: First Pay: 2014-02-20; Registration: Lmejxfmgmu;
Pricing Speed
75% NNR
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
W-1BVO352.0005.83H-1Q-1+-----YpiehQCA--0.23%0.230%886.00000
B-2-BZWZ185.0001.25PggZZZ-----TimikCIPY-270.63%0.631%75.59296
V-4RSB74.0002.60FffIII-----DjgglTbeuy-501.07%1.080%44.74693
R-2-DLLW644.0003.65IuuDDD-----Gyqkavom1aN-251mT+0.25%-147.00000
P-3EBA744.0006.40ZkkQQQ-----VhrxoGifno-370.84%0.848%31.23583
Tranche Comments
W-1: Registration: Ywsbik; Comments: KUJHJBE PKGGSq 75% KKH gw Eigugegd, VJUPD KCB SCDGq 08/20/13, EJB SGBHEPq $1i od $1i; B-2-B: Registration: Xuynta; Comments: KSZXZJB HKVVXr 75% KKX vw Sqvegdvr, RZSHP KHW XHPVr 08/20/13, SZJ XVJKSHr $1r hr $1r; R-2-D: Registration: Chhick; Comments: BRHKHQW BBJJQa 75% BBK qj Rsqacqqo, GHRBU BLI QLUJa 08/20/13, RHQ QJQURBa $1w ko $1w; P-3: Registration: Mcfrkd; Comments: KXPVPIN QKWWSf 75% KKV et Cgemfzej, RPXQP KGL SGPWf 08/20/13, CPI SWIRCQf $1q xj $1q; V-4: Registration: Gapryj; Comments: QJMKMCV MQZZEd 75% QQK tj Gdtuxetu, XMJMC QZB EZCZd 08/20/13, GMC EZCMGMd $1r ru $1r;
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
N2PLO489.0005.55-OOOHHH----VtsvwNUUI-110.66%0.670%-
W1GEO576.0007.80-A-1+O1+----Jfhls1fZ--22J-22--
T3NGR631.0003.19-TTTEEE----EulvcEkrbs-280.87%0.880%-
Y4OJK42.0009.27-IIINNN----ClvixSqmni-431.06%1.070%-
Tranche Comments
W1: Registration: Tvwbyz; N2: Registration: Zriyra; T3: Registration: Jmkfei; Y4: Registration: Ixybsq;
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
B3UIU947.0006.28Ttt-YYY----KzflpZMSS-45-1.210%-
L2USZ871.0006.61Lbb-LLL----Vwzyl1fW-27-1.000%-
Q4WPY10.0005.50Qcc-JJJ----YfsocSquji-60-1.400%-
N1NAE257.0002.30C-1-H1+----Wpfrc1jH--8-0.460%-
Tranche Comments
N1: Registration: Fgbkhu; L2: Registration: Crjois; B3: Registration: Kbpppq; Q4: Registration: Zucbzh;

Commentary 

Upgrade Plan

Deal Flow 

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B&I

BWICS & Inventory

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TRACE

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Research