Can You Pick Up the Car on the Same Day of Full Payment?
1 Answers
It is generally unlikely to pick up the car on the same day of full payment. Below is an introduction regarding full payment versus loan payment when purchasing a car: Convenience of Full Payment: Effective from July 1st, in addition to the car's price, buyers are required to pay other fees, including vehicle and vessel tax, insurance, compulsory traffic insurance, etc. Some find alternative purchasing methods cumbersome, such as applying for a loan, handling purchase tax, and registering the vehicle. Opting for financing or leasing means the buyer receives a new car with complete documentation, insurance, and taxes already settled. The bulk of post-purchase expenses primarily consists of vehicle purchase tax and insurance fees. Stability of Loan Payment: Car buyers inevitably face various service fees, insurance costs, and expenses related to maintenance and decoration. For those who choose loan payment, completing all the above processes marks the successful conclusion of the purchase.