What does full payment for a bare car mean?
1 Answers
Full payment for a bare car refers to the on-road price, which includes all costs such as vehicle insurance, purchase tax, license plate registration, etc. The total sum of these expenses is called the on-road price. More details about full payment for a bare car are as follows: 1. Full payment for a bare car is similar in meaning to the bare car price, but the payment method differs, requiring full payment upfront. The bare car price does not include additional fees like purchase tax or insurance. Paying in full eliminates the need for installment loan procedures, avoids additional costs like GPS installation or renewal insurance deposits, and generally results in relatively cheaper insurance premiums. 2. Bare car price = manufacturer's suggested retail price (MSRP) - discount amount.