human
What are the different types of loans that are available to people who need to buy a car?
assistant
The most common type of loan for buying a car is usually a traditional bank loan. This type of loan typically requires a credit score and a down payment, and has an interest rate that's based on your credit history. There are also alternative financing options such as leasing or taking out a car loan from a private lender. These loans may not require a credit check and have lower interest rates than a traditional bank loan.