Auto Finance

What you will need to know about financing a vehicle purchase

How long a car should be financed
December 16, 2022

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…

How an auto loan works for Santander Consumer customers
July 15, 2021

How an auto loan works for Santander Consumer customers

Know before you go. Or more accurately, before you drive. When it comes to shopping for a new vehicle, getting approved for financing is just one step in the overall car-buying process. Having a clear understanding of how an auto…

What you need to know about credit when financing a vehicle
April 16, 2021

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 –…

Young woman using auto-finance calculator
April 2, 2021

How to use an auto finance calculator: A step-by-step guide

It’s useful to know how to use an auto finance calculator when you plan to buy a car. Fortunately auto finance calculators are not that difficult to figure out. For example, the Affordability Calculator at Santander Consumer USA (SC) requires…

Couple saving in piggy bank
March 10, 2021

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. But even using a car affordability calculator…