Why was the car purchase contract taken away by the 4S store after picking up the car?
3 Answers
After picking up the car, the purchase contract was taken away by the 4S store because they were afraid of compensating for losses in case of vehicle problems. Here are some precautions to consider when picking up a car: 1. Vehicle documentation: The various procedures and documents of the vehicle are undoubtedly the most important factors of a car. Because the procedures include the official invoice and the vehicle certificate, without these, even if you pick up a new car, you cannot register it, which means you cannot drive it legally on the road. 2. Cost of purchasing a car from another location: When buying a car from another location, you should also pay attention to the round-trip travel cost. Before departure, calculate all expenses to ensure that the total cost of buying a car from another location, including the car price, transportation, accommodation, fuel, meals, and other related expenses, is cheaper than buying locally. Only then is it worth purchasing. Otherwise, it will only be a waste of effort and money.
As an experienced car enthusiast with years of experience, I've encountered situations multiple times where the contract was taken by the 4S dealership during car purchases. Once after picking up the car, the staff took the contract saying it was needed for processing installment loan approval, as the bank required the original document for fund disbursement to ensure the money was in place. They also needed to archive it in the company system for subsequent vehicle registration, insurance filing, or warranty claim handling. I find this quite reasonable, given that the car-buying process is complex and involves coordination among multiple parties. So every time, I insist on getting a complete copy on the spot, carefully checking the price and terms to avoid future disputes. Remember, this is standard practice—no need to worry too much, just maintain communication to confirm everything is secure.
From a financial perspective, if the car purchase contract is taken away by the 4S dealership, it is most likely for loan processing. If you opted for installment payments, the bank or financing company requires the original contract to approve the loan and transfer funds. Additionally, the 4S dealership uses it for tax registration and internal accounting to ensure accurate income and expenses. I have seen many cases where one person’s car delivery was delayed due to untimely contract processing. I recommend requesting a copy of the contract upon vehicle pickup to verify the numbers, so any issues can be resolved promptly. This ensures a smoother transaction—no need to worry, as it’s all standard procedure.