Introducing Santander Auto Finance

In today’s economy there are more near-prime consumers than ever before. At the same time, there are fewer auto lenders willing to provide loans to them. Data suggests that the number of near-prime consumers will continue to grow, and that lenders will continue to be increasingly selective. How will you make sure your near-prime customers get the financing they need?

Who will finance your near-prime customers?

Santander Auto offers a competitive near-prime lending program for customers with a 575-680 FICO and no recent derogatory credit. With flats, attractive APRs, low fees, few stips, backend product options and 24-48 hours funding, the program provides you with many ways to put together a deal. It is stand-alone financing with no pass through to other lending programs. What's more, there is no look-to-book, so send us all your prime declines.

Program Highlights

FICO range	575 - 680
Buy rate	9-21%
Discount fee	0-4%
Flat fee – payable to dealer	Range from $150 - $300
Max term	72 months
Max advance	120%
Max LTV	130%
Max PTI	18%
Max DTI	60%
Vehicles	New or Certified Pre-owned, 7 years max, up to 90,000 miles
Minimum down	$500 – cash, trade or mix
Max loan	$50,000
Minimum loan	$7,500
Minimum monthly income	$2,200
Max backend	GAP is lesser of $700 max or state max; warranty varies by tier with max ranges from $2,000 - $3,000

HOW TO SPOT A SANTANDER AUTO CUSTOMER:

• 575-680 FICO
• NO RECENT MAJOR DEROGATORY
  CREDIT INFORMATION
• NO RECENT OR MULITPLE REPOS
• MINIMUM $500 CASH OR TRADE
• IN THE MARKET FOR A NEW OR
  CERTIFIED PRE-OWNED VEHICLE
• MINIMUM OF FIVE TRADE LINES

SEND US ALL YOUR PRIME DECLINES TODAY.

We look forward to earning your business and helping you sell more cars. We have money to lend and want to partner with high-quality dealers who value their customers as much as we do.

866.552.2528

LISTED ON DEALERTRACK AND ROUTEONE AS “SANTANDER AUTO.”