ACCESSION AGREEMENT Dated as of October 18, 2007

Exhibit 10.12

ACCESSION AGREEMENT

Dated as of October 18, 2007

     Reference is hereby made to the INTERCREDITOR AND MASTER COLLECTION ACCOUNT AGREEMENT, dated as of December 7, 2006 (the “Agreement”) among,

XXXXX FARGO BANK, NATIONAL ASSOCIATION, in its capacity as the Collateral Custodian under the Wachovia Warehouse Agreement, the Trust Collateral Agent under the Existing Securitizations, the Indenture Trustee under the Existing Indentures and the Master Collection Account Agent under this Agreement (“Xxxxx Fargo”),

WACHOVIA CAPITAL MARKETS, LLC, in its capacity as the Administrative Agent under the Wachovia Warehouse Agreement (“Wachovia Warehouse Collateral Agent”),

DRIVE CONSUMER USA INC. (“Drive”),

DRIVE WAREHOUSE LP (“Drive Warehouse”),

DRIVE RECEIVABLES CORP. 6, DRIVE RECEIVABLES CORP. 7, DRIVE RECEIVABLES CORP. 8, DRIVE RECEIVABLES CORP. 9, DRIVE RECEIVABLES CORP. 10, DRIVE RECEIVABLES CORP. 11 and DRIVE RECEIVABLES CORP. 12 (each a “Seller” and collectively the “Existing Sellers”),

DRIVE AUTO RECEIVABLES TRUST 2003-2, DRIVE AUTO RECEIVABLES TRUST 2004-1, DRIVE AUTO RECEIVABLES TRUST 2005-1, DRIVE AUTO RECEIVABLES TRUST 2005-2, DRIVE AUTO RECEIVABLES TRUST 2005-3, DRIVE AUTO RECEIVABLES TRUST 2006-1 AND DRIVE AUTO RECEIVABLES TRUST 2006-2, (each a “Trust” or an “Issuer” and collectively the “Existing Trusts” or the “Existing Issuers”),

MBIA INSURANCE CORPORATION, in its capacity as the Class A Insurer under the MBIA Securitizations (“MBIA”), and

FINANCIAL SECURITY ASSURANCE INC., in its capacity the Class A Insurer under the FSA Securitizations (“FSA”).

     Unless otherwise defined herein, or the context otherwise requires, capitalized terms used in this Accession Agreement have the meanings ascribed thereto in the Agreement. This is an Accession Agreement and is being entered into pursuant to the Agreement.

1. Each of the undersigned Other Parties hereby:

     (a) acknowledges and confirms that it has received a copy of the Agreement and the exhibits thereto;

     (b) agrees to be bound by the terms and conditions set forth in the Agreement as if it were an original signatory thereto; and

     (c) advises each of the parties to the Agreement of the following with respect to the Other Party for purposes of the Agreement:

	2.		Names and Addresses of Other Parties:
			Santander Drive Auto Receivables Trust 2007-3 c/o U.S. Bank Trust National Association 000 Xxxxxxxx Xxxxxx, 0xx Xxxxx Xxxxxxxxxx, Xxxxxxxx 00000 Telephone No.: (000) 000-0000 Facsimile: (000) 000-0000
			Santander Drive Auto Receivables LLC 0000 Xxxxx Xxxxxxxx Xxxxxxx, Xxxxx 0000-X Xxxxxx, XX 00000 Attention: Xxx Xxxxx Telephone No.: (000) 000-0000 Facsimile: (000) 000-0000
			Financial Guaranty Insurance Company 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Structure Finance Surveillance — Xxxxxxxxx Xxxxx 0000-0 Xxxxxxxxx: (000) 000-0000 Confirmation: (000) 000-0000 E-mail: XXxxxxxxxxxxxx@xxxx.xxx

	3.		Description of Securitization or other Transaction:
			The securitization transaction described in the Sale and Servicing Agreement, dated as of October 18, 2007, among Santander Drive Auto Receivables Trust 2007-3, as Issuer, Santander Drive Auto Receivables LLC, as Seller, Santander Consumer USA Inc., as Servicer, and Xxxxx Fargo Bank, National Association, as Indenture Trustee, as it may from time to time be amended, supplemented or otherwise modified in accordance with the terms thereof and the other transaction documents related thereto (the “Santander Drive 2007-3 Securitization”).
			The Indenture dated as of October 18, 2007 between Santander Drive Auto Receivables Trust 2007-3, as Issuer, and Xxxxx Fargo Bank, National

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Association, as Indenture Trustee (the “Xxxxxxxxx Xxxxx 0000-0 Xxxxxxxxx”).

4. Designations under the Agreement:

	(a)		The Santander Drive 2007-3 Securitization is a Securitization.
	(b)		The Xxxxxxxxx Xxxxx 0000-0 Xxxxxxxxx is an Indenture.
	(c)		Santander Drive Auto Receivables LLC is a Seller.
	(d)		Santander Drive Auto Receivables Trust 2007-3 is a Trust.
	(e)		Financial Guaranty Insurance Company is a Class A Insurer.

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     IN WITNESS WHEREOF, the Other Parties have executed this Accession Agreement as of the date first written above.

	SANTANDER DRIVE AUTO RECEIVABLES LLC
	By:	/s/ Xxxxx Xxxxx
		Name:	Xxxxx Xxxxx
		Title:	Chief Financial Officer

	SANTANDER DRIVE AUTO RECEIVABLES TRUST 2007-3
	By:	U.S. Bank Trust National Association, not in its individual capacity but solely as Owner Trustee
	By:	/s/ Xxxxxxx Xxxxxx
		Name:	Xxxxxxx Xxxxxx
		Title:	Trust Officer

	FINANCIAL GUARANTY INSURANCE COMPANY
	By:	/s/ Xxxxxxx Xxxxxxx
		Name:	Xxxxxxx Xxxxxxx
		Title:	Director

Signature Page
Accession Agreement to Intercreditor Agreement