Santander Consumer USA--- car trade in? - Mustang Evolution

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Old 12-20-2011, 04:00 PM   #1
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Santander Consumer USA--- car trade in?

I just financed a car through Santander Consumer USA- a 2005 mustang convertible. They said that aftter 6 months, I could refinance and get a new one.
Are they known to give deals--- lets say, they place the money that I have paid towards the 2005, and switch it to a new one... Instead of starting all over, and putting down another down payment.

What are your experiences with this-- whether it be this company, or another?

Also, what if I would like to trade out my $16,000 car for one of the same value, or less? (Want a tiny convertible.... like a miata.)
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Old 12-20-2011, 04:04 PM   #2
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Santander Consumer USA--- car trade in?

Whatever you decide to do, be assured that you will lose money (and maybe quite a lot of it) on the deal(s). When all is said and done, the finance companies are there to make money, not act as benevolent societies.

Why are you asking this question and others in multiple categories? This is pointless and does not do you any justice.
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