What Fees Must Be Paid When Buying a Car?
3 Answers
When buying a car, you need to pay the vehicle's base price, vehicle purchase tax, and insurance fees. Here are the fees involved in buying a car: Vehicle Base Price: Before purchasing a car, most people check the reference price online. However, online prices are often inaccurate because 4S dealerships may offer discounts, resulting in a lower actual ex-factory price. Of course, a very small number of models may also have terminal markups, so the final price depends on the actual situation. Vehicle Purchase Tax: According to national regulations, any vehicle intended for road use must pay a vehicle purchase tax. Currently, the tax rate is 10% of the vehicle's ex-factory price. Generally, the more expensive the car, the higher the purchase tax. Insurance Fees: Car insurance includes compulsory traffic insurance and commercial insurance. Compulsory traffic insurance is mandatory, with a nationally unified premium standard, though the number of seats may affect the amount. Commercial insurance is optional, and the cost varies depending on the types of coverage selected.
As someone who frequently helps friends with car purchases, there are several mandatory expenses when buying a vehicle. First is the vehicle price itself - this is the biggest cost, varying significantly across models, so choose according to your budget. Next is the vehicle purchase tax, a compulsory national tax calculated as a percentage of the car price (e.g., about 10,000 yuan tax for a 100,000 yuan car) with no room for negotiation. Then comes compulsory traffic insurance (CTPL) - mandatory coverage without which you can't drive legally, typically around 950 yuan for small-displacement vehicles. License plate fees are also essential, including plate production and registration charges, usually costing 100-200 yuan. For financed purchases, interest and handling fees apply, and dealerships may charge several hundred yuan for inspection services. Remember: never overlook small fees - request a full price breakdown beforehand to avoid surprises. Taxes and insurance are unavoidable - always include them in your budget to prevent overspending.
I just bought a car not long ago, and the novelty hasn't worn off yet, but I remember clearly when paying—the essential costs mainly include the car price, taxes, insurance, and license plate fees. You have to pay the car price to the dealer or private seller. The purchase tax is a significant chunk mandated by the government—my 150,000-yuan car cost nearly 15,000 yuan in tax, which hurt but couldn't be avoided. I paid less than 1,000 yuan for compulsory traffic insurance, which covers basic safety—skipping it would result in fines. The license plate is like the car's ID, with a processing fee ranging from tens to a hundred yuan. When choosing a car, I also considered loan interest and 4S dealership service fees—these aren't strictly mandatory, but they're unavoidable if financing the purchase. A bonus tip: new energy vehicles might be exempt from purchase tax, which is a money-saving opportunity. During the car-buying process, don’t get tempted by optional add-ons—focus on settling these mandatory costs first.
