Auto loans refer to loans provided by lenders to borrowers for the purchase of vehicles (including second-hand cars), including personal auto loans, dealer auto loans, and institutional auto loans. Personal auto loans are loans provided by lenders to individual borrowers for the purchase of vehicles. Dealer auto loans are loans provided by lenders to automobile dealers for the purchase of vehicles and spare parts. Institutional auto loans are loans provided by lenders to legal entities and other economic organizations, excluding dealers, for the purchase of vehicles.