Which loan is better to buy a car - car loan or a consumer?

Each of these loans have their pros and cons, and we would like to help you decide on the major points that should be considered when choosing credit options for the purchase of your new car. Car Loan - special-purpose loan, which is issued directly to the purchase of cars. Since it will be pledged to the bank as long as you do not fully pay off debt, lenders are mostly loyal to the gray form of income and even with the salary of $ 1000. and no down payment ready to "pay" a car worth up to $ 20,000. Interest rates on car loans is 9-10,5% in dollars and 10,5-12,5% in rubles. If you need a loan to purchase insurance hull, with the full program - from theft and damage. The bank itself determines the insurer, where rates can reach 11% of the cost of the car. When a loan for emergency needs bank will not be interested, for what purpose you need the money, but when you make a loan in most cases will take into account only the "white" wages. On loan amount depends on your income. If you earn $ 1000-2000 a month, more than $ 12000-14000 unlikely you will be given. And this is the maximum term - 5 years. The interest rate on consumer loans is higher than avtozaymam, and now accounts for 13-17% in currency and 14-20% per annum in rubles. But you can save on the hull, if you do not need. According to the newspaper, "the District".