A "vehicle loan" is a type of financial arrangement in which a lender provides funds to an individual or business to purchase a vehicle, such as a car, motorcycle, truck, or recreational vehicle (RV). These loans are commonly used when individuals or businesses do not have the immediate cash to buy a vehicle outright. Vehicle loans are available from various financial institutions, including banks, credit unions, and automotive finance companies, and the terms and interest rates can vary based on factors such as creditworthiness and the type of vehicle being financed.