A car is no longer a luxury but a necessity for many. If you want to purchase a car, it is easy to do so through a car loan. Since it is a secure loan, car loan interest rates are on the lower side and vary from 8.5 to 12 per cent. Car loan companies also offer you up to 100 per cent of the on-road price of a car. Also car loans are offered for a tenure of one to seven years, so you can choose a repayment tenure according to your needs. Here we look at the steps to get a car loan.