Is there a GPS fee for installment cars?
1 Answers
There is a GPS fee for installment cars. Identity requirements for purchasing a car on installment: Possession of valid identification and full civil capacity; ability to provide proof of fixed and detailed address; stable occupation and ability to repay the loan principal and interest on schedule; good personal social credit; holding a car purchase contract or agreement recognized by the lender; other conditions stipulated by cooperative institutions. Precautions for purchasing a car on installment: The GPS fee charged for an installment car is the cost of installing a GPS positioning system in the vehicle. This type of additional GPS is not originally equipped with the car and is not used for traditional in-car navigation. Instead, it is a means for dealers to obtain the vehicle's location, which helps to mitigate the risk of selling cars on loan. When purchasing a car, the seller should respect the consumer's right to know and choose, informing the consumer about the cars being sold, the services provided, including the true situation of the charges. Services such as obtaining license plates and purchasing insurance on behalf of the consumer must be agreed upon by the consumer, respecting their right to choose. Therefore, failing to fulfill the obligation of truthful disclosure and forcibly installing GPS severely violates the consumer's right to know and their right to make independent choices.
