How does 2nd hand car financing work?

[i.am.aids]

Also consider yung personal loan. Inquire about it too. It's about the same rate (January 2016, 25-30%) as 2nd-hand car loan. If they are of the same rate, personal loan is preferred as this is collateral-free.

[Pikit]

Also consider yung personal loan. Inquire about it too. It's about the same rate (January 2016, 25-30%) as 2nd-hand car loan. If they are of the same rate, personal loan is preferred as this is collateral-free.

Pwede rin i-consider to para hiwalay na ang usapan sa lender at sa seller. Pero depende pa rin sa terms.