At Money Mascots, when we talk about car finance, it comprises different financial products, which allows you to acquire a car with any arrangement other than a single lump payment. The provision of car finance by a third-party supplier allows you to provide for and raise the funds to compensate the initial owner, either a dealer or a manufacturer. Car finance is required by both private individuals and businesses. All types of finance products are available to either sector. These include a straightforward car loan, hire purchase, personal contract hire (car leasing), and Personal Contract Purchase. Therefore, car finance includes but is not limited to vehicle leasing. The funding for personal car finance is provided by either a retail bank or a specialist car-financing company.