SANTANDER CONSUMER USA HOLDINGS INC.

[Pages:20]UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 30, 2017

SANTANDER CONSUMER USA HOLDINGS INC.

(Exact name of registrant as specified in its charter)

Delaware

(State or other Jurisdiction of Incorporation)

001-36270

(Commission File Number)

32-0414408

(IRS Employer Identification No.)

1601 Elm St. Suite #800 Dallas, Texas

(Address of Principal Executive Offices)

75201

(Zip Code)

Registrant's telephone number, including area code: (214) 634-1110

N/A

(Former name or former address if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 7.01. Regulation FD Disclosure.

Santander Consumer USA Holdings Inc. (the "Company") is furnishing copies of slides, which will be used in connection with presentations on one or more occasions. The presentation materials are attached hereto as Exhibit 99.1 and incorporated herein solely for purposes of this Item 7.01 disclosure.

The information contained in the attached presentation materials is summary information that is intended to be considered in the context of the Company's filings with the Securities and Exchange Commission and other public announcements. The Company undertakes no duty or obligation to publicly update or revise this information, although it may do so from time to time.

The information in this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities under that section. Further, the information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933. This Current Report on Form 8-K will not be deemed an admission as to the materiality of any information in this Current Report on Form 8-K that is required to be disclosed solely by Regulation FD.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.

Description

99.1

Presentation Materials of Santander Consumer USA Holdings Inc., dated October 30, 2017.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

SANTANDER CONSUMER USA HOLDINGS INC.

Dated: October 30, 2017

By: /s/ Christopher Pfirrman Name: Christopher Pfirrman Title: Chief Legal Officer

Exhibit 99.1 SANTANDER CONSUMER USA HOLDINGS INC. Retail Auto Leasing Portfolio Overview October 2017

Exhibit 99.1

IMPORTANT INFORMATION 2 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements about our expectations, beliefs, plans, predictions, forecasts, objectives, assumptions, or future events or performance are not historical facts and may be forward-looking. These statements are often, but not always, made through the use of words or phrases such as "anticipates," "believes," "can," "could," "may," "predicts," "potential," "should," "will," "estimates," "plans," "projects," "continuing," "ongoing," "expects," "intends," and similar words or phrases. Although we believe that the expectations reflected in these forward-looking statements are reasonable, these statements are not guarantees of future performance and involve risks and uncertainties which are subject to change based on various important factors, some of which are beyond our control. For additional discussion of these risks, refer to the section entitled "Risk Factors" and elsewhere in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q filed by us with the SEC. Among the factors that could cause our financial performance to differ materially from that suggested by the forward-looking statements are: (a) we operate in a highly regulated industry and continually changing federal, state, and local laws and regulations could materially adversely affect our business; (b) our ability to remediate any material weaknesses in internal controls over financial reporting completely and in a timely manner could impact our ability to timely and accurately report our financial results; (c) adverse economic conditions in the United States and worldwide may negatively impact our results; (d) our business could suffer if our access to funding is reduced; (e) we face significant risks implementing our growth strategy, some of which are outside our control; (f) we may incur unexpected costs and delays in connection with exiting our personal lending portfolio; (g) our agreement with FCA US LLC may not result in currently anticipated levels of growth and is subject to certain performance conditions that could result in termination of the agreement; (h) our business could suffer if we are unsuccessful in developing and maintaining relationships with automobile dealerships; (i) our financial condition, liquidity, and results of operations depend on the credit performance of our loans; (j) loss of our key management or other personnel, or an inability to attract such management and personnel, could negatively impact our business; (k) we are subject to certain regulations, including oversight by the Office of the Comptroller of the Currency, the CFPB, the European Central Bank, and the Federal Reserve, which oversight and regulation may limit certain of our activities, including the timing and amount of dividends and other limitations on our business; and (l) future changes in our relationship with Santander could adversely affect our operations. If one or more of the factors affecting our forward-looking information and statements proves incorrect, our actual results, performance or achievements could differ materially from those expressed in, or implied by, forward-looking information and statements. Therefore, we caution not to place undue reliance on any forward-looking information or statements. The effect of these factors is difficult to predict. Factors other than these also could adversely affect our results, and the reader should not consider these factors to be a complete set of all potential risks or uncertainties. New factors emerge from time to time, and management cannot assess the impact of any such factor on our business or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements only speak as of the date of this document, and we undertake no obligation to update any forward-looking information or statements, whether written or oral, to reflect any change, except as required by law. All forward-looking statements attributable to us are expressly qualified by these cautionary statements.

LEASE OVERVIEW

FCA US LLC (FCA) RELATIONSHIP 4 10-year contract to serve as FCA's preferred finance provider 1 Brand Name Marketing ? SC's FCA relationship operates under the Chrysler Capital brand name ? Chrysler Capital originates prime and near-prime loans, leases, dealer loans and commercial receivables ? FCA branded products for FCA branded dealerships 2 SC Credit Policies ? SC maintains control of credit policy and underwriting ? SC is evaluated based on: Minimum approval rates Market benchmarks for customer APRs Loan and lease penetration rates 3 Subvention ? FCA is required to provide a minimum 85% of subvented unit volume through Chrysler Capital ? Per the agreement, FCA should treat SC in a manner consistent with comparable OEMs' treatment of their captive finance providers ? Integrated systems provide daily data feeds on national and regional campaigns SC's technology-driven platform can assist dealers in optimizing the right incentives for the right car while managing regulatory risk

PRODUCT OVERVIEW 5 ? The Chrysler Capital lease product is offered for Chrysler, Jeep, Ram, Dodge, Fiat and Alfa Romeo makes in all 50 states. The lease product is presented and sold by the FCA network of dealers and is typically sold as an incentivized support rate from FCA ? A significant portion of our lease portfolio is comprised of SUV, CUV and trucks which include vehicles such as Grand Cherokee, Durango, Journey, Cherokee, Wrangler, and Ram 1500 ? Leases are generally offered in terms ranging from 24-48 months. The term mix is dependent upon FCA incentive offers Most leases are offered in terms ranging from 36-39 month ? Chrysler Capital uses Automotive Lease Guide (ALG) as a benchmark in establishing residuals for all makes and models The baseline of residual setting is ALG at Inception(1) Analysis of residual performance is conducted monthly to determine accuracy of ALG estimates ? Chrysler Capital provides gap coverage to lessees at no additional cost ? Support rates provided to FCA are utilized to structure market competitive payments on all models and trim levels Chrysler Capital does not participate in establishing the market payments for lease offers (1) ALG at Inception is the expected value of the related vehicle at lease maturity, established by Automotive Lease Guide at the time of origination, assuming that the vehicle is in "average" (rather than "clean") condition

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