Free Writing Prospectus - Form FWP

Filed Pursuant to Rule 433

Registration Nos. 333-269194 and 333-269194-03

**PRICING DETAILS** $1.5BN Volkswagen Auto Loan Enhanced Trust 2024-1 (VALET 2024-1)

Joint Bookrunners:		Wells Fargo Securities (str), Citi, JP Morgan, and Mizuho
Co-Managers:		Barclays, US Bank

Class		Size($MM)		WAL*		S&P/Moody's		P. WIN*		E. FIN*		L. FIN		BNCH		SPD		YLD%		CPN%		$PRICE
A-1		294.000		0.21		A-1+/P-1		01-06		05/25		11/25		ICUR		+10		4.622		4.622		100.00000
A-2A		443.000		1.05		AAA/Aaa		06-21		08/26		11/27		ICUR		+36		4.697		4.650		99.99840
A-2B		125.000		1.05		AAA/Aaa		06-21		08/26		11/27								SOFR30A+36		100.00000
A-3		548.000		2.52		AAA/Aaa		21-43		06/28		07/29		ICUR		+42		4.679		4.630		99.99058
A-4		90.000		3.57		AAA/Aaa		43-43		06/28		06/31		ICUR		+47		4.716		4.670		99.99906

* Assumes 1.3% ABS to a 10% cleanup call

-TRANSACTION SUMMARY-

Size: $1.5BN

Format: SEC Registered

ERISA: Yes

Min Denoms: $1k x $1k

Ratings: S&P/Moody's

Ticker: VALET 2024-1

First Payment Date: 12/20/2024

Exp. Settle: 11/26/2024

B&D: Wells Fargo

-MARKETING MATERIALS-

Preliminary OM: Attached

Intex CDI: Attached

Intexnet Deal Name: wsvaet2401

Password: KXBU

Dealroadshow: https://dealroadshow.com

Code: VALET20241 (case sensitive)

Dealroadshow Direct Link: https://dealroadshow.com/e/VALET20241

If this communication relates to an offering of US registered securities (i) a registration statement has been filed with the SEC, (ii) before investing you should read the filed documents, and (iii) you may obtain these documents from your sales representative, by calling 1-800-645-3751 or visiting www.sec.gov. If this communication relates to a securities offering exempt from US registration, you should contact your sales representative for the complete disclosure package. For information regarding Wells Fargo, see https://www.wellsfargo.com/com/disclaimer/wfid3. In Japan, see: https://www.wellsfargo.com/com/disclaimer/wfsjb4. This chat will be retained and may be monitored.

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