If you're car shopping you want the best deal possible, the best purchase price on your car and the best financing as well. We can pre-qualify you before you start looking, so you'll know exactly how much you can spend on your car.
Qualified borrowers can expect:
- Competitive rates
- Flexible repayment terms
- 100% financing available
- Rate discount when you have your payments automatically deducted from any Santander checking account
Take advantage of the optional Santander Loan Protection Plan**.
* To get the Santander Bank, N.A. automobile loan annual percentage rates (APRs) shown, you must reside in CT, DC, DE, MA, MD, ME, NH, NJ, NY, PA, RI or VT, must have or open a Santander checking account and must authorize automatic payment from that account. The APR will increase by 0.25 percentage points, and the payment will increase, if automatic payment from your Santander checking account is discontinued. The advertised rates are some of our best rates. The rate for which you qualify will be based on your credit history, vehicle age, down payment (if any), loan amount as a percentage of vehicle value, loan term and the payment option you select. Minimum loan amount is $5,000. Maximum loan amount is $75,000. Loans are available to finance up to 100% of the value of the vehicle offered as collateral. The monthly payment amount on a $25,000 loan secured by a new vehicle with a 60-month term, 80% LTV and 2.54% APR is $444.13. The monthly payment amount on a $15,000 loan secured by a used vehicle with a 60-month term, 80% LTV and 2.99% APR is $269.46. Sixty month terms on used vehicle loans are available on loans secured by 2007 through 2014 model year vehicles. Seventy-two month terms are available only on loans secured by new vehicles (2013 through 2014 model year vehicles with 5,000 or fewer miles) and do not qualify for our lowest standard rates. Older vehicles require shorter loan terms. Rates and other terms accurate as of 1/01/15 and may change thereafter.
** The Plan is not an automatic feature of any loan or line of credit. It must be separately requested and purchased by the borrower at an additional cost. Eligibility requirements, benefit limitations, exclusions and other terms and conditions apply. Ask for details.
