This just in … eBay Motors, the largest online marketplace for buying and selling all things automotive, has announced RoadLoans as its preferred online lender for providing financing options for shoppers. Visitors to the eBay Motors website will now be able to apply for auto financing through RoadLoans. See below for the official release.
eBay Motors offers customers greater purchase flexibility with the introduction of auto financing
eBay Motors, the largest online marketplace for buying and selling all things automotive, is now providing financing options for shoppers through leading online auto lender RoadLoans.
The new offering, pairing eBay Motors’ deep online inventory and RoadLoan’s online financing capabilities, provides vehicle buyers with greater flexibility and options when purchasing from the vast inventory of new and used vehicles available from eBay sellers.
Shoppers who are looking for a new, certified pre-owned, or used vehicle on the eBay Motors website can submit an easy-to-complete, secure online RoadLoans loan application and receive a loan decision and information in less than a minute. Customers can easily customize their loans, selecting their preference for loan term in months, down payment amount, and other options, plus receive pre-approval for financing or refinance existing auto loans.
The RoadLoans financing options provide eBay Motors shoppers with an end-to-end online vehicle shopping experience. Consumers shopping on the eBay Motors website will see the RoadLoans financing option on the vehicle listing page, and with one click, can access the simple online application. With this new financing option availalbe, eBay customers will enjoy a seamless vehicle purchasing experience, with the ability to finance and finalize their vehicle purchase on eBay without first having to look for available credit options elsewhere.
About eBay Motors
eBay Motors, a part of eBay Inc., is the largest online marketplace for buying and selling all things automotive. The site offers everyday cars for everyday drivers, as well as collector cars, motorcycles, auto parts and accessories. More than 4.5 million new and used vehicles have been sold on eBay Motors, and there are more than 26 million automotive parts and accessories available on eBay Motors at any given time.
About RoadLoans and Santander Consumer USA Inc.
Santander Consumer USA Inc., owner of the Drive®, Santander Auto Finance® and RoadLoans® brands, is a leading company in the automotive finance sector, whose core business is indirect, direct and third-party originations and servicing of auto retail installment contracts. The company has a serviced finance portfolio of approximately $21 billion and relationships with nearly 13,000 automotive dealers in the U.S. The company began originating finance contracts in 1997 and is headquartered in Dallas. (http://www.santanderconsumerusa.com and https://roadloans.com)
Santander Consumer USA is a unit of Banco Santander (SAN.MC, STD.N, BNC.LN), a retail and commercial bank, based in Spain, with a presence in 10 main markets. Santander is the largest bank in the euro zone and is among the top 15 in the world by market capitalization. Founded in 1857, Santander had EUR 1.383 trillion in managed funds, more than 102 million customers, 14,760 branches – more than any other international bank – and 193,000 employees at the close of 2011. It is the largest financial group in Spain and Latin America. Furthermore, it has significant positions in the United Kingdom, Portugal, Germany, Poland and the U.S. northeast. Santander Consumer Finance operates in the Group’s core markets as well as in the Nordic region. In 2011, Grupo Santander registered EUR 7,021 million in recurring net profit.