Blog > Recent Articles In May 2017

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Loveable brands, ‘Must Drive’ awards, unanswered recalls
There are a lot of good auto blogs online, and we think the RoadLoans blog is one of them. What readers may not realize is that RoadLoans is a direct-lending program of Santander Consumer USA (SC), which also has a blog providing more content intended to engage, inform and entertain readers interested in news and trends about or related to cars, trucks and SUVs. Following are snippets of recent content, and links to the SC posts if you want to read more:   Customer service made a big difference for Buick owners in a J.D. Power… Read More

What is a lien on a car?
  How to know lien from loan, and what to keep in mind when buying and selling a vehicle If you’ve been approved for a car loan you’re likely to encounter the term “lien,” but the chances you’ll know what it means may not be quite so great. A lien on a car is like a safeguard for the lender or other interested party. When you take out an auto loan, a lien is created, which is a lender’s legal right to possession of the vehicle until the loan is repaid. That means if you default on the loan, like… Read More

Best car interiors of 2017
  It’s what’s on the inside that counts, and no one knows that better than Wards Auto, the automotive industry news source that just released its annual list of 10 best interiors. Now in its seventh year, the awards program honors outstanding achievement in aesthetics, comfort, ergonomics, materials usage, fit-and-finish and user-friendly electronics. There’s no price cap, and the nominees feature interiors that are all-new or significantly improved from the previous year. This year’s winners include seven brands never to have made the top 10 before, plus three returning winners – Lexus, Honda and… Read More

how do auto loans work?
    So how do auto loans work? Since most people buying a new or used car opt for financing it’s an important question, and understanding the answer will help you in the purchase process. To summarize, you take out a car loan with a lender to pay for the purchase of a vehicle and, by signing the loan contract, agree to pay back the money in installments over the course of the loan, according to its terms. These terms include key factors like the finance charge, loan duration and the size of the monthly payment. Most auto loans are… Read More

How long can you finance a car?
  Experts agree that the shorter a car loan the better, largely due to savings on interest charges. Yet with the trend among car buyers for longer terms (some up to 96 months, or eight years), where does that leave you? Consider the options. If you need financing for a new or used car, apply for free and get an instant decision. Apply now  Pros and cons of shorter and longer car loans The average length of a car loan at the start of 2015 was 67 months; that’s over five and a half years, and about five months longer… Read More