How car loans work?

Since most people buying a new or used car opt for financing it’s an important question, and understanding the answer will help you in the purchase process. To summarize, you take out a car loan with a lender to pay for the purchase of a vehicle and, by signing the loan contract, agree to pay back the money in installments over the course of the loan, according to its terms. read more

Car financing allows car buyers to take out loans when buying a new car. Learn about car financing, negotiating a car loan and getting the best rates. read more