car loan
- noun
- /kɑr loʊn/
- I took out a car loan to buy my first vehicle.
OK, car loans, home loans cheaper, that's good.
- OK, car loans, home loans cheaper, that's good.
- According to LendingTree, Tesla buyers are amongst the most indebted new car buyers and they take out the longest duration car loans to finance the purchase.
- The video that we did on that very first one was on car loans.
- It just sounds, you know, it's credit cards and checking accounts and mortgages and car loans, student loans, that sort of thing.
- And I, I, so I'm, you know, always trying to buy our trades and stuff like that with crazy car loans.
- So consumer debt, car loans, depending on how you look at it, student debt could be or it might not be.
Examples
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For example, she took out a 6-year car loan on a car that was already 5 years old.
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Most people are maxed out on credit, and car loans are becoming very hard to get.
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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.
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All right, I just paid the mortgage, the car loan and the electric bill.
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Yesterday, I met with a bank associate to discuss different car loan options.
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They've paid off the car loan and are in a position to sell, so they do.
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With the advent of online agencies for car loans, getting vehicle financing is easier than ever before.
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Now I have a couple of credit cards with zero balances, a car loan, and a mortgage.
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At her site, she blogs about her recent car loan, mortgage payoff, and a whole bunch more.
Blog text (11)
Synonyms
An amount of money borrowed from a bank that must be paid back with interest
Money you borrow to buy a car that you pay back with interest over a set time
A loan to buy a car that you pay back with interest over time
How Big
Surface Forms
Morphology
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'.