Skip to main content
car loan

car loan

10 2.1
Money you borrow to buy a car
  • noun
  • /kɑr loʊn/
translation icon : préstamo para automóvil
  • I took out a car loan to buy my first vehicle.

OK, car loans, home loans cheaper, that's good.

Autoplay Next

Examples

  • For example, she took out a 6-year car loan on a car that was already 5 years old.

    Blog text (8)
  • Most people are maxed out on credit, and car loans are becoming very hard to get.

    Blog text (23)
  • The lady over there said to see you about a car loan.

    Fiction book (1997)
  • I pay cash for my cars and have never had a car loan.

    Blog text (4)
  • All right, I just paid the mortgage, the car loan and the electric bill.

  • Yesterday, I met with a bank associate to discuss different car loan options.

    Blog text (1)
  • They've paid off the car loan and are in a position to sell, so they do.

    Blog text (18)
  • With the advent of online agencies for car loans, getting vehicle financing is easier than ever before.

    Blog text (2)
  • Now I have a couple of credit cards with zero balances, a car loan, and a mortgage.

    Blog text (3)
  • At her site, she blogs about her recent car loan, mortgage payoff, and a whole bunch more.

    Blog text (11)

Synonyms

loan
vscar loan
2.0

An amount of money borrowed from a bank that must be paid back with interest

is restricted to money given only to purchase a vehicle
auto loan
vscar loan
  • US
5 3.0

Money you borrow to buy a car that you pay back with interest over a set time

is used specifically for one vehicle purchase rather than other types of credit
automobile loan
vscar loan
1 2.9

A loan to buy a car that you pay back with interest over time

is limited to funding a specific vehicle purchase rather than general borrowing

How Big

personal loan
  • Specialized
7 2.6
car loan
10 2.1
microloan
  • Specialized
1 3.6

Surface Forms

car loan singular
car loans plural

Morphology

car + loan

The meaning 'a loan for purchasing a car' is directly and transparently composed from 'car' (motor vehicle) + 'loan' (borrowed money). This noun+noun compound follows a common, cross-linguistic commerce/possession pattern, so a B1 learner who knows both words will readily infer the MWE meaning.

Etymology

Car loan is a simple picture: someone borrows money to buy a car, so a bank or lender gives cash now and the borrower repays the loan over time. That's why it means 'a loan given to buy a car'.