The loan amount for a vehicle loan is typically based on the price of the vehicle, and the repayment term varies, usually ranging from two to seven years.

Vehicle loan interest rates can be either fixed or variable. Fixed rates remain constant throughout the loan term, while variable rates can fluctuate based on market conditions.

In many cases, lenders require a down payment for a vehicle loan. The down payment is a percentage of the vehicle's purchase price paid upfront, and the remaining amount is financed through the loan.

Lenders assess your creditworthiness before approving a vehicle loan. A good credit score can help you secure better interest rates and loan terms.

Vehicle loans are typically repaid in monthly installments, which include both the principal amount and interest.

Some vehicle manufacturers and dealerships may offer special financing deals or incentives, such as low or zero-interest financing for a specific period, to attract buyers.