What to know about car loans
A car loan is meant for buying a new or used car. It can be unsecured (like a personal loan) or secured with the car, in which case the interest is usually lower.
Compare the CAT, the required down payment and the loan term. Some offers include mandatory comprehensive insurance for the loan duration.
- ✓For a new or used car
- ✓Amounts from $50,000 to $1,500,000
- ✓Terms up to 8 years
- ✓Lower rates on secured loans