What Fees Are Required When Buying a Car?

[LeArianna]

There are 6 types of fees required when buying a car: 1. Base Vehicle Price: This refers to the negotiated price of the car itself at the dealership. If purchased in full, there are no interest expenses, but financing will incur additional processing fees and interest charges. 2. Purchase Tax: Calculation method: Vehicle sales invoice price ÷ 1.17 (VAT) × purchase tax percentage (10% this year) = purchase tax amount. The purchase tax varies depending on engine displacement and vehicle model. Be cautious of "under-invoicing." 3. Vehicle and Vessel Tax: The tax amount is determined by the car's emission level. For models with 1.0L-1.6L displacement, the annual tax is approximately 300 yuan; for 1.6L-2.0L, it's about 360 yuan; and for 2.0L-2.5L, around 720 yuan. 4. Insurance: Insurance is divided into two main types: compulsory traffic insurance (CTPL) and commercial insurance. CTPL is mandatory and must be renewed annually, but it only covers third-party liabilities, not the owner's own losses. 5. Import Tax: For imported cars: Taxable price = customs duty-paid price + customs duty + consumption tax × 10%. The customs duty rate for imported cars is 25%. 6. License Plate Fee: License plate fees vary by region but are generally not too high. They include the cost of the vehicle license plate and the vehicle registration certificate.

[PhoebeLynn]

When buying a car, you need to prepare several expenses. The car price is the biggest chunk, which is the base price quoted by the salesperson. The purchase tax is unavoidable, calculated at 10% of the invoice price, but new energy vehicles are currently exempt from this. Insurance is a mandatory expense; compulsory traffic insurance is a must, and commercial insurance depends on the selected coverage, with premiums starting from three to four thousand. A reasonable dealer charge for license plate registration is around three to five hundred, while doing it yourself at the DMV costs just over a hundred. Some dealers may charge a storage fee or PDI inspection fee, which are unreasonable charges that can be negotiated away. Financing a car means paying extra interest and handling fees, and if the handling fee exceeds 3000, it's worth negotiating. Additionally, accessories like window tinting and floor mats are optional, but being forced to purchase them is a scam.

[Alan]

As a seasoned driver who has changed three cars, let me break down the costs into three categories. Mandatory expenses include the ex-factory price, purchase tax (approximately 8.5% of the ex-factory price for fuel vehicles), and compulsory traffic insurance plus commercial insurance (around 5,000 for the first year). Service fees cover license plate registration (reasonable within 500) and installment financial service fees (negotiable under 3,000). Optional items like window films and dash cams are better installed outside to save half the cost. Pay special attention to loan interest rates—consider bargaining if the three-year rate exceeds 4%. Last time I picked up a car, I used my old car for a trade-in, and the manufacturer's subsidy directly offset the purchase tax.

[MacGriffin]

Budget-conscious friends, beware of hidden costs. The ex-factory price has the most room for negotiation—compare quotes from multiple 4S stores. Purchase tax is uniformly set by the state. Compulsory traffic insurance is fixed at 950 yuan, while commercial insurance recommendations include vehicle damage coverage and third-party liability of 2 million yuan. Financial service fees can be negotiated down to under 2,000 yuan. Handling license plate registration yourself can save 300-400 yuan. Decoration packages are often overpriced—an 8,000 yuan quote might only cost 3,000 yuan. During vehicle inspection, you might encounter temporary plate fees or storage fees—these are 4S store profit tactics that should be contested.