Vehicle financing is a way to pay for a car or other vehicle over time instead of buying it outright. This process typically involves taking out a loan from a bank, credit union, or dealership, allowing you to make monthly payments until the vehicle is fully paid off. The loan amount usually covers the vehicle's price minus any down payment you make. Interest rates and loan terms can vary, affecting the total cost of the vehicle. It's important to consider factors like your credit score and budget when choosing a financing option, as these can influence the loan's terms and monthly payments.