Auto Finance

What you will need to know about financing a vehicle purchase

What is a simple-interest contract in auto financing?
February 17, 2020

What is a simple-interest contract in auto financing?

Just because auto financing involves simple-interest contracts doesn’t mean everyone understands them. Asking the question “What is a simple-interest contract?” is not unusual. And as a large auto lender with several million customers, Santander Consumer USA knows that many borrowers…

What you need to know about credit when financing a vehicle
January 29, 2020

What you need to know about credit when financing a vehicle

It should be no surprise. What you need to know about credit when financing a vehicle is that lenders generally provide more financing to borrowers with higher credit scores. Almost half the money loaned goes to so-called super-prime borrowers –…

How long a car should be financed
January 27, 2020

Here’s how long a car should be financed new or used

Steer clear of financial potholes when you buy a car. That might be easier said than done if you already have your eye on a shiny new vehicle. But you could pay a price if you don’t know how long…

Why your credit score is important
January 24, 2020

Why your credit score is important when financing a vehicle

Why is your credit score important? It may be one of the most important numbers in your life – besides your blood pressure reading – because it helps determine the availability and cost of credit for vehicle and other purchases….

Woman waving from convertible
December 18, 2019

Most-popular SUVs, other car stories to help you shop in ’20

Year-end lists usually tell you the most-important or most-popular things that happened during the year. We won’t totally break with that tradition, but the most-popular SUVs and other car stories of 2019 also should help you shop for a new…

Meet the challenge
November 13, 2019

7 ways to keep your vehicle financing on the right track

It’s not always easy. As you work to make your monthly car payments, usually thousands of dollars over several years, our series, Discover Santander, offers seven ways to keep your vehicle financing on the right track. The series, published earlier…