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Should You Pay Before or When Receiving the Car?

1 Answers
DominicRose
09/09/25 3:05am
When purchasing a car, the payment sequence is as follows: first, pay a deposit. Upon vehicle pickup, inspect and test-drive the car to ensure there are no issues before paying the remaining balance. Below is additional information: Auto Consumer Loan: An auto consumer loan is a new type of secured loan in RMB provided by banks to car buyers purchasing from their authorized dealers. Financing a car essentially means borrowing money from financial institutions to purchase a vehicle. Required documents for loan application: loan application form, ID card, residence permit or housing rental contract, personal income proof, and bank statements.
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