How many days to get the vehicle certificate after full payment for a car?
1 Answers
After paying the full amount for the vehicle, the certificate will be issued. The following are the differences between buying a car with full payment and with a loan: 1. Different fees: When the manufacturer does not provide a zero-interest financial policy, consumers need to bear two additional costs: loan interest and handling fees (commonly existing); whether there is a handling fee for paying in full during the car purchase process. 2. Different purchase times: Buying a car with a loan allows many people who are confident in their future income to consume in advance and purchase a car, which can significantly increase car sales; many people cannot afford to pay a large amount of money at once to buy a car and need some time to save. 3. Different payment items: Buying a car with full payment does not require a mortgage, but you must pay: purchase tax, license plate fee, compulsory insurance, and vehicle and vessel tax; insurance is voluntary for the owner. Buying a car with a loan requires full insurance, which is a requirement of banks nationwide. Because during the loan period, the ownership of the car does not belong to the owner, the owner uses the car as a mortgage, and during the loan period, the ownership certificate, purchase invoice, and full insurance policy must be deposited with the bank. The mortgage will be released after the loan is fully repaid.
