Finance a Car Meaning
Financing a car means obtaining a loan or credit from a lender, such as a bank or dealership, to purchase a vehicle. Instead of paying the full price upfront, the buyer makes monthly payments over a specified term, including interest. This allows individuals to afford cars they might not be able to pay for outright, spreading the cost over time.
Finance a Car Synonyms
Auto loan
Vehicle financing
Car loan
Automobile credit
Vehicle purchase plan
Installment buying
Leasing
Auto installment
Car leasing
Auto financing
Finance a Car Antonyms
Full payment
Pay upfront
Outright purchase
Cash payment
Debt-free purchase
One-time payment
Car ownership without loan
Direct buy
Unfinanced purchase
Interest-free purchase
Finance a Car Sentence Examples
She decided to finance a car because paying upfront was not an option.
Financing a car allowed him to get a better model with manageable monthly payments.
Before you finance a car, compare interest rates from different lenders.
They opted to finance a car to maintain their savings for other expenses.
Understanding the terms is crucial before you finance a car to avoid hidden fees.