Cash-Back Refinance

RoadLoans Customer

Getting Started

With interest rates always changing, it may be possible to refinance your auto loan to save money with RoadLoans, Santander Consumer USA’s direct-lending product. You could pay off your existing auto note and replace it with a more affordable loan and monthly payment.* Qualified customers can even choose a cash-back option or may even be able to skip a car payment!**

* Yearly payment reduction claim is based on average payment reduction our customers experience over a year with their new loan (same or a longer term) compared to their prior yearly loan payments. Yearly payment reduction may result from a lower interest rate, a longer term or both.

The cash-back option is subject to credit requirements. The cash-back amount will be made available to you via check or electronic transfer, and will be added to your loan amount. Interest will accrue on your cash-back amount. Vehicles up to seven years old may be eligible for cash back. Residents of the following states are NOT eligible for Cash-Back Refinancing: AK, AR, CT, DC, HI, KS, KY, MA, MS, NC, ND, NE, NH, NJ, NM, NV, PA, VA.

** Skip a Car Payment: Because the first monthly payment on your new auto loan may be due up to 30 days after the closing date, and the closing date may be 0 to 30 days after the most recent monthly due date of your existing loan, you may not have a scheduled monthly payment due for 30 to 60 days after the most recent monthly due date of your existing loan. The actual number of days you may not have a scheduled monthly payment due may vary depending on the terms of your existing loan, your payments on the existing loan, and applicable state law. Interest will accrue on your existing loan until it is paid in full. Interest will accrue on your new loan beginning on the date the loan is funded.

The RoadLoans Advantage - Free, Fast and Simple

Rest assured that when you apply, your information is safe and secure. RoadLoans is part of Banco Santander (NYSE: SAN), a global bank with a presence in 52 countries.

All our auto loans are fixed rate loans, which means your interest rate will never change. There are never any prepayment penalties, so you are free to pay off your loan quicker than originally scheduled.

  • Free: No application fees
  • Fast: Apply online in just minutes and get an immediate decision
  • Simple: Once approved, download your documents, sign and return

Apply for Cash Back

Note: Unfortunately, we are unable to refinance existing loans that are serviced by Santander Consumer USA, its companies or brands.