Car financing is a way to pay for a vehicle over time rather than all at once. When you finance a car, you typically take out a loan from a bank or a dealership, which allows you to make monthly payments until the car is fully paid off. This option makes it easier for many people to afford a car without needing a large sum of money upfront. Interest rates and loan terms can vary, affecting the total cost of the car. It's important to consider factors like your credit score and the type of loan, whether it's a secured loan or an unsecured loan, as these can influence your monthly payments and overall financial commitment.