Financing a car, simply put means that you are going to own a vehicle after all your payments are made. Every month you must make payments on the vehicle and at the end of a given term, such as 60 months, you own the vehicle. A car in finance is a pledge in case the auto loan cannot be paid off for any reason. Thus, there is no need to worry about risking your assets in the event of unforeseen financial situations. Remember! That the lending rate changes during the term of the car financing agreement. You can always predict your budget correctly to pay your monthly payment for financing a car.