You are probably one of those people, who want to have loans with lower interest rates. In order to get such deals, you need to make sure that your credit history is good. You never missed any payment and do not have any defaulter history. Many customers do not aware of such credit history.
You can simply check it online. Therefore, users with 550 or below scores would be charging much higher interest rates because lenders would be considering you as a financial risk. In this way, buying a car using car finance is good but would not be a good idea in case of bad credit.
Car financing is always helpful to share the loads of too much money because buying cars involves a huge amount of money, which people cannot simply get. The dealers and even manufactures are associated and providing the financing service to customers.
Therefore, buying car with the help of car finance will not only saves you from collecting all your precious money but also reduces the burden too.