B - Bank loan
Bank loan - One of the most common ways to finance a car purchase is to borrow money from a bank. From day one, the car is yours and the bank has no claim on it. Legal action would be required if you default on the loan.
The bank must be certain that you can afford to pay the loan back and so you'll need a good credit rating to be accepted. Its interest rate may not be as attractive as a loan offered by a dealer, so always shop around and compare the APR of each loan. (See Finance.)