SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported) May 9, 2012
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2012-3
(Exact Name of Issuing Entity as Specified in its Charter)
Commission File Number of Issuing Entity: 333-165432-08
SANTANDER DRIVE AUTO RECEIVABLES LLC
(Exact Name of Depositor as Specified in its Charter)
Commission File Number of Depositor: 333-165432
SANTANDER CONSUMER USA INC.
(Exact Name of Sponsor as Specified in its Charter)
(State or Other Jurisdiction of Incorporation of Issuing Entity/Registrant)
(Issuing Entitys I.R.S. Employer Identification No.)
(Registrants Telephone Number, Including Area Code)
(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:
Item 8.01. Other Events.
The Registrant is filing the exhibit(s) listed in Item 9.01(d) below in connection with the issuance of Class A-1 Auto Loan Asset Backed Notes (the Class A-1 Notes), Class A-2 Auto Loan Asset Backed Notes (the Class A-2 Notes), Class A-3 Auto Loan Asset Backed Notes, (the Class A-3 Notes and, together with the Class A-1 Notes and Class A-2 Notes, the Class A Notes), Class B Auto Loan Asset Backed Notes (the Class B Notes), Class C Auto Loan Asset Backed Notes and Class D Auto Loan Asset Backed Notes (the Class D Notes and, together with the Class A Notes, Class B Notes and Class C Notes, the Publicly Registered Notes) and Class E Auto Loan Asset Backed Notes by Santander Drive Auto Receivables Trust 2012-3 described in the Prospectus Supplement dated May 7, 2012.
This Current Report on Form 8-K is being filed in connection with the issuance of the Publicly Registered Notes to satisfy an undertaking to file unqualified legality and tax opinions at the time of each takedown from the Registration Statement. Copies of the legality and tax opinions delivered by Mayer Brown LLP, counsel to the Registrant, in connection with the issuance of the Publicly Registered Notes are attached hereto as Exhibits 5.1 and 8.1, respectively.
Item 9.01. Financial Statements and Exhibits.
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.
Form 8-K re: Legality Opinion and
Federal Tax Opinion