What An Auto Loan Is And How It Works
Savings Corner
APRIL 4, 2024
Prostock-Studio/ Getty Images; Illustration by Austin CourregĂ©/Bankrate Key takeaways You’ll need an auto loan if you want to buy a vehicle without paying cash upfront. You can use dealer financing to purchase a vehicle or arrange auto loan financing through a bank, credit union or online lender. Loan specifics vary.
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