The terms "dealership financing" and "car loan" are frequently used interchangeably in purchasing a used car. Nonetheless, there is an essential contrast between them. You might find one of them more preferable than the other.
Direct banks, credit unions, or finance companies are the usual facilitators of car loan arrangements. In order to avoid any mishap, it is recommended to conduct a thorough research on both options before finalizing any loan agreement for a vehicle purchase.