Car finance refers to the various methods available for individuals to purchase a vehicle without paying the full price upfront. This can include options like car loans, leasing, or hire purchase agreements. These methods allow buyers to spread the cost of the car over a set period, making it more affordable. When considering car finance, it's important to understand the terms and conditions, including interest rates and repayment schedules. Many financial institutions and dealerships offer financing options, so comparing different offers can help buyers find the best deal for their budget and needs.