<p>I think this type of loan is a good option for people who urgently need a car, but do not have the opportunity or desire to pay a large amount in advance. In such situations, a car loan without a down payment can be a real salvation. But here’s what’s important – you need to consider the whole picture. The fact that this is a quick approval does not mean that the process will be absolutely without additional obligations. For example, as noted above, insurance, additional fees – all this can affect the overall cost of the loan.</p>