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Car Loans

Car loans are reasonably short-term lending vehicles designed to help people purchase automobiles. A car loan can come from a number of different lending sources. The sources available can depend on the need for bad credit car loans or used car loans. It is also possible to sometimes refinance car loans to obtain a better deal. This is not uncommon when people make new car loans and discover they can get better terms elsewhere. The cost of borrowing associated with car loans can be impacted by a number of factors. The length of the loan in months, the interest rates involved and the amount of down payment can all affect costs.