Buying a car in the USA is a big milestone. Whether it’s your first car, an upgrade to a family SUV, or even a dream luxury ride, one common question comes up: “How am I going to pay for it?” What is a Car Loan in USA — Car Loan Meaning USA Most Americans don’t pay the full price upfront. Instead, they rely on car loans. According to recent reports, more than 80% of new cars in the USA are financed through loans or leases. This makes car loans one of the most common types of personal lending in the country. But what exactly is a car loan? How does…