In the second year, you can buy your own insurance, but in one case, 4S stores will set up some loan terms to buy a car, whether it is in a bank loan or in other institutions. For example, if you pay the deposit, the deposit will be deducted from the insurance in the second year, but it can't be returned to you in cash, so the insurance in the second year can only be refunded through some designated insurance companies.

In fact, it doesn't matter where to buy insurance in the first year, because there is no discount. So it depends on how you negotiate with the 4S store and whether there are any other additional guarantees. If not, you can choose your own insurance company to buy vehicle insurance from the second year.

Extended data:

In fact, the zero interest and zero handling fee I often see can be said to be a promotion method. Under normal circumstances, consumers have the freedom to buy auto insurance and are not bound by 4S stores. However, if you buy a car with a loan, you must buy "all risks". Whether it is necessary to buy insurance in the store depends on the contract. If the contract signed when the loan is used to buy a car does not clearly stipulate the renewal of insurance in the designated guarantee company, you can't buy commercial insurance in the 4S shop.

Now many 4S stores will pay the deposit first, and then write down in the contract that the insurance premium can only be refunded or mortgaged if they buy it in their own stores or designated insurance companies next year. Therefore, almost all loans to buy a car and let consumers go to the designated insurance company for insurance have become unspoken rules!

References:

Can I buy a car with insurance for the second year without buying a renewal through a 4S shop ... Zhejiang News