Volkswagen Credit
PO Box ****
Libertyville, IL *0048-7498
Phone 800-***-****
Fax 847-***-****
www.vwcredit.com
July 6, 2023
DOLORES SMITH
TOWSON, MD 21204
RE: Customer Name: Dolores Smith
Account Number: XXXXX0983
Vehicle: 2022 Volkswagen Taos
VIN: 3VVRX7B22NM035123
Lease Payment Deferral Agreement
Dear Dolores Smith,
This Agreement serves to confirm your request as Lessee or Co-Lessee for a payment deferral of 2 payments for your Motor Vehicle Lease Agreement with the account number referred to above (the "Lease"). Upon our receipt of this Agreement signed by you, we will defer the payment(s) due under the Lease as outlined below. Payment(s) To Be Deferred Monthly Payment Amount Payment Reschedule Date 07/26/2023 $474.74 10/26/2025
08/26/2023 $474.74 10/26/2025
$949.48
You understand that, by deferring the above monthly payments to the end of your Lease, your final monthly payment will be greater than your standard monthly payment. You agree that all above-deferred monthly payments, totaling $949.48, as well as your final scheduled monthly lease payment and any previously deferred payments are due on the original due date for your final monthly payment under the Lease due date. If you are enrolled in Auto Pay, the automatic withdrawal of your final payment will include your final monthly payment along with these deferred payments. If you end the Lease early, we will treat the deferred payments as due immediately before the early end date when we calculate your early termination liability and you will have to pay these payments in full as part of your early termination liability. Your next monthly payment will be due 2 months from 07/26/2023, on 09/26/2023. If you want to extend your lease term at the scheduled end of the Lease, you must first pay all deferred payments before we will agree to extend the lease.
All terms and conditions of your Lease remain in full force and effect, except as modified by this Agreement. If you no longer wish to defer the monthly payment(s) as outlined in this letter, please contact us at 1-800-***-**** 8:00 AM to 9:00 PM EST Lessee's or Co-Lessee's Signature:
Date:
The completed form can be uploaded online, faxed to 503-***-**** or mailed to Volkswagen Credit PO Box 7498 Libertyville, IL 60048-7498.
VW Credit, Inc. (d.b.a. Volkswagen Credit and Audi Financial Services) is a servicer for VW Credit Leasing, Ltd. and VCI Loan Services, LLC 20-018-LG (3-22)