Lotus Partners With Subprime Lender To Finance Its American Auto Loans
If you find yourself in the enviable position of being able to finance a Lotus sports car, you might want to double check your terms as the historic automaker is partnering with the subprime lender Santander to finance its auto loans in the U.S.
If you’re unfamiliar with Santander consider yourself lucky. The finance company is one arm of the Spanish multinational financial services company Santander Group. reports that. It also happens to be one of the largest subprime auto lender in the U.S.
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Our relationship with Lotus is a testament to our commitment to partnering with prestigious automotive companies, and providing superior experience for our dealers so they can offer financing to customers across the credit spectrum and drive sales.
It’s also been announced that Santander will be providing financing for Ineos and its Land Rover fighting Grenadier in the U.S. All I can say is good luck to the high income earners who finance these things.
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