Santander

Visit Site

Company Information

  • Company Name:
    Santander
  • Website Address:
  • Business address:
    2 Triton Square, Regent's Place, London, NW1 3AN
  • Phone number:
    0870 607 6000

Santander (Santander.co.uk) is one of the UK’s biggest commercial and retail banks, with a consistently widening base of loyal customers who turn to the bank for their extensive range of financial products and services. Santander offers its customers current accounts, savings, mortgages and loans, all of which can make managing your finances simpler and easier.

Many people find themselves looking for a payment solution when the time comes to invest in a new car. While many car dealerships offer financing options with repayment plans, these can often be very expensive in the long term, so shopping around for the best possible loan deal can be a better solution. Taking out a personal loan to cover the cost of your new car upfront can be a smarter way to pay, allowing you to own the car in full from the start and pay off the debt in manageable monthly repayments.

Santander offers car loans to make the process of buying a new car easier than ever. Both existing and new customers to Santander are eligible to take out a car loan, as long as they’re over the age of 21, a UK resident and earn a minimum of £5,000 per year. Customers do not have to be an existing Santander current account holder to qualify for one of the bank’s car loans, but if you do hold a 123 account from the bank you may be able to receive special lower interest rates.

Santander’s car loans can be as low as £1,000 up to £20,000, and can be repaid over a minimum of 12 months and a maximum of 60 months. Customers can apply for a Santander car loan online, if they’re a Santander customer with online banking, over the phone or in their local Santander bank branch. A personalised quote will be made straight away, and, if accepted, the loan could be in your account immediately.

114 Reviews of Santander have been submitted - read the latest 3 below

My dad is going to be helping me buy my new car because I know nothing about them and just know what cars I like the look of. So I am letting him advise me. But I didn't need his advice about getting this loan to buy my new car because I always knew it was going to be with a loan from Santander. I've been banking with them since I left college 5 years ago and I have a 123 current account which I knew would mean a special lower rate on any loan I took out with them. I applied online for the loan but I had already been into my local branch and had a word with their loan adviser who was able to give me some quick figures off the top of their head with regards to what sort of rates they charge and I was more than happy so went straight home and applied. I am really pleased with my loan and can't wait to go shopping for my new car now.

Review posted by Lucy Rawlings, Kensal Rise

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Having a 123 current account with Santander Bank has helped me enormously to get such a great deal on this loan to buy a new car. I am very happy with the rate they are charging me and the fact that Santander were able to sort out this loan so quickly is a real indication of how well online banking can work for you. I have a very busy job and travel a lot so being able to snatch a spare couple of hours to apply for this loan and to get it approved and finalised the same day was ideal for me. I could get back to work knowing my loan was in place and that the money was there ready for me to start the search for my new car. Now I just need to find the time to do that!

Review posted by M. Bowers, Stevenage

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

I don't think I know anyone that has been approved a loan for 15K and got the money into their bank account within under 24 hours. That has just happened with me and I am absolutely amazed at how fast Satander have sorted out this car finance loan for me. I think being a customer of theirs for the past 8 years and never having had any problems with my credit score must have helped me get this loan so quickly. My 123 current account and being able to do the whole thing online through my internet banking facility just made things even better. I reckon I am going to take longer sorting out my new car but it's great knowing I've already got the money to seal the deal once I find the right car. Thanks Santander Bank, you really are amazing at times.

Review posted by Colin Stevens, Islington

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money