Buying Two Cars With One Loan -

: Use the equity in your home to secure a loan that covers both purchases.

: Some credit unions or local banks may allow you to cross-collateralize one large loan with two VINs if you have excellent credit, though this is uncommon. Key Requirements for Approval buying two cars with one loan

: Your home becomes the collateral; if you fail to pay, you risk losing your house. : Use the equity in your home to

: Simpler paperwork and the cars are not at risk of repossession. if you fail to pay

: Usually carries significantly higher interest rates than auto-specific loans.