Is it permissible to take a loan from a bank by buying and selling cars through the same bank?

The reality of this scenario is an 'ina sale (bay' al-'ina), which occurs when a person buys something for a deferred price, then sells it back to the original seller for a lower, immediate price than the purchase price. This is, in reality, usury (riba). The commodity is merely introduced as a trick, because it is essentially a loan for a period with an increment. The Prophet (peace be upon him) said: "When you engage in 'ina transactions, and you hold onto the tails of cattle, and you are content with cultivation, and you abandon jihad, Allah will inflict humiliation upon you, and He will not remove it from you until you return to your religion." Narrated by Abu Dawud and others.