Auto Finance

What you will need to know about financing a vehicle purchase

How to avoid upside down car financing and stay above water
November 6, 2019

How to avoid upside down car financing and stay above water

Upside down. It’s a position you usually want to avoid. Especially if we’re talking about upside down car financing for a vehicle on which you’ll be making monthly payments for some time to come. Upside down car financing means you…

Auto Finance and Car Shopping
August 23, 2019

Smart Auto Finance and Car Shopping starts with these 4 things

Smart auto finance and car shopping usually starts with information. So it should come as no surprise that visitors to an auto lender’s blog are interested in topics such as Used Vehicles, Auto Finance, Car Shopping, and New Vehicles. Among…

Here’s how long a car should be financed new or used
August 19, 2019

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…

What is a simple interest contract in auto financing?
August 16, 2019

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…

Couple saving in piggy bank
August 14, 2019

How to set up a monthly budget to finance a new vehicle

Know how much vehicle you can afford. Learning how to set up a monthly budget is the key to buying a new vehicle while ensuring you don’t overextend your finances, according to experts including Consumer Reports and Edmunds.com. Even using…