Car Finance

Car finance refers to the various ways to fund the purchase of a vehicle. It typically involves loans or leasing agreements. When you finance a car through a loan, you borrow money to buy it and repay the lender in installments, often with interest. Leasing, on the other hand, allows you to use the car for a specified period while making monthly payments but doesn’t lead to ownership. Car finance options can vary by interest rates, terms, and down payment requirements, enabling buyers to choose an arrangement that fits their budget and preferences for ownership.