How can there be a service fee and GPS fee for buying a car?

There is a service fee and GPS fee for buying a car, because you don't have the full amount. When buying a car, the vehicle is equipped with GPS, and a GPS fee will be charged. This kind of cost usually occurs when buying a car by mortgage, and there is no such cost when buying a car in full. Due to installment payment, the car is not completely owned by the owner, so the loan company needs to install GPS on the car so that the loan company can grasp the movement of the car.

Automobile insurance premium

Automobile insurance includes compulsory liability insurance for motor vehicle traffic accidents (hereinafter referred to as compulsory insurance), basic insurance and additional insurance.

Basic insurance is automobile loss insurance, and additional insurance is a kind of insurance that can be added on the basis of basic insurance. On the basis of automobile loss insurance, you can additionally insure the whole vehicle against theft, spontaneous combustion, glass breakage, vehicle stop and new equipment loss insurance.

On the basis of third party liability insurance, you can additionally insure vehicle liability insurance and vehicle cargo drop liability insurance; On the basis of both automobile loss insurance and third party liability insurance, additional risks can be added without deductible insurance.