Each year, hundreds of thousands of cars change hands, and it is no doubt that a lot of people end up being confused about cars and require clarity regarding the purchase of their first car. One of the most confusing aspect while buying cars, first time or otherwise is its financing. Buying a car is by no means a small decision, and hence it is important to understand all the aspects before going ahead with the decision to buy. Not everyone is an expert in crunching numbers or financing related issues, and even seasoned buyers can get intimidated by financing…