Vehicle financing
When purchasing a vehicle, it's important to consider various financing options that can make the process easier for you. Here are the most common forms of vehicle financing:
Personal loan
It is a traditional loan that you can obtain from banks or financial institutions. You can use the money to purchase the vehicle and repay it in monthly installments.
Leasing
Leasing is a form of vehicle rental where you make regular payments for using the car over an agreed period. At the end of the leasing contract, you have the option to purchase the car for its residual value.
Vehicle financing form