eBay Motors offers customers greater purchase flexibility, faster
loan approval with introduction of auto financing from RoadLoans
The new offering, pairing eBay Motors’ deep online inventory and RoadLoan’s online financing capabilities, provides vehicle buyers with greater flexibility and options when purchasing from the vast inventory of new and used vehicles available from eBay sellers.
Shoppers who are looking for a new, certified pre-owned, or used vehicle on the eBay Motors website can submit an easy-to-complete, secure online RoadLoans loan application and receive a loan decision and information in less than a minute. Customers can easily customize their loans, selecting their preference for loan term in months, down payment amount, and other options, plus receive pre-approval for financing or refinance existing auto loans.
The Roadloans financing options provide eBay Motors shoppers with an end-to-end online vehicle shopping experience. Consumers shopping on the eBay Motors website will see the RoadLoans financing option on the vehicle listing page, and with one click, can access the simple online application. With this new financing option available, eBay customers will enjoy a seamless vehicle purchasing experience, with the ability to finance and finalize their vehicle purchase on eBay without first having to look for available credit options elsewhere.
About eBay Motors
EBay Motors, a part of eBay Inc., is the largest online marketplace for buying and selling all things automotive. The site offers everyday cars for everyday drivers, as well as collector cars, motorcycles, auto parts and accessories. More than 4.5 million new and used vehicles have been sold on eBay Motors, and there are more than 26 million automotive parts and accessories available on eBay Motors at any given time.
About RoadLoans.com and Santander Consumer USA Inc.
Santander Consumer USA Inc., owner of the Drive, Santander Auto Finance and RoadLoans.com brands, is a leading company in the automotive finance sector, whose core business is indirect, direct and third-party originations and servicing of auto retail installment contracts. The company has a serviced finance portfolio of approximately $21 billion and relationships with nearly 13,000 automotive dealers in the U.S. The company began originating finance contracts in 1997 and is headquartered in Dallas.
Nov. 16, 2012