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Santander Consumer USA Inks LOI with Maserati North America

January 28, 2014

Santander Consumer USA Inc. ("SCUSA") announced it has executed a Letter of Intent with Maserati North America to provide a full spectrum of auto financing services to Maserati customers and dealers in the U.S. According to a release, the non-binding Letter of Intent includes provisions for SCUSA to offer a broad range of applicable products and services, including dealer floorplan financing, and consumer retail and lease financing for Maserati vehicles. Finance options for dealers will complement subvention (special rate) and lease programs offered by Maserati , and standard rates underwritten by SCUSA. Both parties may choose to execute a definitive contract at a later date. Santander Consumer USA Inc. is a full-service, technology-driven consumer finance company focused on vehicle finance and unsecured consumer lending products. Maserati produces a full line of two and four door models. The Maserati range includes the all-new full-size Quattroporte and the mid-size Ghibli sport sedan. More Information: ((Comments on this story may be sent to ))

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