Is the full payment made when picking up the car?
3 Answers
When buying a car, a deposit is paid first. Upon picking up the car, inspect and test drive it to ensure there are no issues before paying the remaining balance. The above scenario applies when the desired car model is not in stock. A purchase contract should be signed with the 4S dealership, detailing the car model, color, pickup time, and other specifics. Always request and keep the deposit receipt after payment. When paying the final amount upon pickup, a formal invoice will be issued, and the deposit receipt should be returned to the 4S dealership. Below are some considerations after purchasing a new car: 1. Do not drive without a license: It is possible to buy a car without a driver's license, but driving it on the road without one is illegal. 2. License plate registration: When registering the car after purchase, a driver's license is not required. For new car registration, you will need an ID card, certificate of conformity, purchase invoice, tax payment certificate, insurance policy, etc. At the vehicle management office, staff will inspect the car and take photos. After registration, the owner will receive the vehicle registration certificate and license. 3. Carry the vehicle license while driving: When driving, always carry both the driver's license and the vehicle license. During the probationary period, driving on highways is not allowed.
When buying a new car, you don't necessarily have to pay the full amount on the day of pickup—it depends on your payment method and personal arrangements. I've bought several cars, and usually, after selecting the car, I pay a small deposit, like one or two thousand yuan, to secure the vehicle and prevent someone else from taking it. Before signing the contract, I might pay a portion of the down payment, and then settle the remaining balance when picking up the car. If you choose to pay in full, I recommend completing the payment via bank transfer or card in advance, so on pickup day, you just take the car without rushing. If opting for a loan, you'll need to apply for approval first, then pay the down payment and fees upon pickup, with the remaining balance paid over time. Don’t forget to check the car’s insurance and registration documents beforehand to ensure everything is legitimate and avoid being misled by salespeople. The process is straightforward, but keep all receipts to protect your rights.
Payment method determines the timing of full payment, which may not necessarily be completed at the time of vehicle pickup. Personally, I prefer to make a full one-time payment when purchasing a car, as it's hassle-free and avoids interest charges. I typically complete the payment via bank transfer or check within a few days after selecting the vehicle, handling only the pickup formalities on the delivery day. However, many opt for financing plans, where a down payment is usually made at pickup, with the full amount settled in installments. The key is to negotiate all details before signing the contract, ensuring clarity on whether taxes and fees are included. It's advisable to discuss the payment plan at least a week in advance to avoid complications. I've also seen friends delay pickup due to pending loan approvals, so it's best to allocate extra time for processing to protect credit records and avoid late fees.
