Everyone wants to own a car in his name. It doesnt matter whether the car is a new one or a used car. This need arises because of the comfort one gets by traveling in his own car. If he has a car, he doesnt need to wait for a bus or train on different stops to go to his office or any other place. But, the problem arises when he is not having sufficient funds to buy the car. Car loans are the most popular alternatives for raising finance to buy a car. You can get enough money to buy a car without any trouble.