Financing a car refers to securing an auto loan, which you pay back over a period of time. Financing is can be completed by the auto brand you are purchasing your car from, by an auto finance company or even a bank that offers auto loans. You can also get a personal loan from a bank or other lender that’s different from the place you’re buying your car. Then you can use that amount to pay for the car, and pay the lender back in instalments.