Loan to buy a car 4s shop will locate the car. Many car owners will choose to borrow money to buy a car when they buy a car. After all, buying a car is not a small sum, and it needs a lot of savings. For car manufacturers, borrowing money to buy a car also has certain risks. The main purpose of installing GPS locator in the car with loan to buy a car is to keep up with the trend of selling cars. There are many 4s shops that install GPS locators for vehicles that borrow money to buy cars. Installing GPS can reduce the risk. If the car loan is not returned in time, you can find the car through the GPS locator. The GPS locator is generally installed in the engine compartment, which is very safe. Usually this position does not attract attention. Unless there is something wrong with the car, the hood will be opened for repair. Generally speaking, the 4S shop will not tell the owner that the locator is installed in the car. 4S stores can also install locators under the seats. You can't find it without careful inspection. GPS is installed to prevent the owner from paying back the money in time. If the locator is found in the car, do not remove it by force. If you can guarantee the normal repayment, you can explain it to the 4S shop and ask them to withdraw it. This is the safest way.
Will the 4s shop be installed and positioned when buying a car with a loan?
Buying a 4s shop with a loan will install positioning.
Buying a car 4s shop will locate the vehicle.
Many car owners will choose to borrow money to buy a car when they buy a car. After all, buying a car is not a small sum, and it costs a lot of savings. For automakers, it is also necessary to borrow money to buy a car. The key purpose of installing a GPS locator on a car with a loan is to know the trend of selling a car with a loan in time.
Many 4s shops basically install GPS locators for vehicles that borrow money to buy cars. Installing GPS can reduce the risk. If the vehicle loan is not repaid immediately, you can find the vehicle through the GPS locator.
Most GPS locators will be installed in the engine compartment. This position is very safe, and most of it will not attract attention. Unless there is something wrong with the vehicle, the hood will be opened for repair. Generally speaking, the 4S shop will not tell the owner that the locator is installed in the car.
Shops can also install locators under their seats. You won't find it without careful investigation. GPS is installed to prevent the owner from paying back the money immediately. If the locator is found in the car, do not remove it by force. If you can guarantee the normal repayment, you can explain to the S shop and ask them to disassemble the machine. This is the safest way.
Is it necessary to install gps positioning when buying a car with a loan?
There is no rigid requirement to install GPS when buying a car with a loan.
Bank staff all said that there are many ways to buy a car by loan, including mortgage loan, unsecured loan or credit card installment, but no matter which way to buy a car, they will review whether the collateral or personal qualifications provided by the car buyer meet the standards as a means of risk control for lending, and will never ask the car buyer to install GPS.
The staff of the 4S store said that the installation of GPS was required by the bank, but it was forced to sell GPS at a high price under the guise of the bank to maximize profits.
Banks do not require consumers to buy GPS positioning systems. In this regard, it is illegal for car dealers to force consumers to buy GPS positioning systems, which is suspected of compulsory tying.
But buying a car with a loan is very risky. In order to keep abreast of vehicle movements, some cooperative banks also require consumers to buy GPS equipment.