Santander Car Loan Review
Whether you’re buying your first car or upgrading to a newer model, a car loan from Santander gives you the freedom to buy your car exactly where you want to. A Santander car loan gives you an alternative to car financing, and is not secured against the car you buy.
Requirements for a Santander loan
In order to be eligible for a Santander car loan you need to:
- Be at least 21 years old.
- Are a permanent resident in the UK.
- Have a regular gross income of at least £6000
- Have a bank or building society account with a direct debit facility.
- Have not been declared bankrupt, had a CCJ or an IVA within the last 6 years.
Santander loan features
- No upfront payment
- Loans are not secured against the car you buy
- No limit to how many miles you do in your car
- No admin fee
- Borrow from £1,000 to £20,000 over 1-5 years.
Our Loan Service
We work with the majority of UK best car loan lenders (including Santander), and have access to leading and exclusive rates on secured loans. Our team of car loan specialists can help understand your situation, and give you guidance towards finding the perfect secured loan deal for your own individual circumstances.
About Santander
Based in Spain, Santander is a relative newcomer to the British mortgage market, following its acquisition of Abbey National in 2004. Santander then went on to acquire Bradford & Bingley and Alliance and Leicester in 2008. Nowadays, Santander has more than 1,300 branches across the UK and offers a wide selection of mortgage deals to suit all borrowers.