Harbin Honda, car loan must pay service fee and GPS fee?

You need to pay the gps fee for the loan to buy a car, but you don't need to pay the loan service fee.

Because the insurance company must locate the vehicle to prevent some borrowers from escaping after picking up the car, which is not good for the insurance company. Moreover, it is much more troublesome to buy a car with a loan than to buy a car with direct payment. Buying a car with gps is to minimize the risk. After the vehicle hits the gps, the risk control company or financial company can find the location of the vehicle at any time.

When buying a car in a 4S store, it is common to pay financial service fees-some consumers even worry about these fees. Instead, choose to buy a car in full. Staff of Mercedes-Benz 4S shop: There are also financial service fees, because financial service fees, such as completing all business procedures. Financial loan application, follow-up review, including mortgage registration, remember that these people need to serve you, so there will be some fees.

Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.