The loan car does not need to be insured in the 4s shop. The following is the information about the 4s store: 1. Introduction: 4S shop is called automobile sales service. 4S shop is a sales shop integrating automobile sales, maintenance, accessories and information services. From 1998, it entered China from Europe. 4S stores are invested and built by dealers according to the standards set by automobile manufacturers. Unified design inside and outside the store, huge investment, tens of millions of luxury styles and comfortable environment. Only single brand cars specially authorized by the manufacturer can be sold. 2. Store features: The automobile 4S store is invested and built by the dealer according to the standards set by the automobile manufacturer. Unified design inside and outside the store, huge investment, tens of millions of luxury styles and comfortable environment. Only single brand cars specially authorized by manufacturers can be sold, which can provide customers with lower prices, more professional technical support and more in-depth after-sales service.
Do I need insurance in a 4s shop to buy a car with a loan?
Buying a car with a loan needs to be insured in a 4s shop. The following is the insurance for the new car: 1. Compulsory insurance: it is compulsory insurance for motor vehicles. In case of personal injury and property loss caused by road traffic accident of the insured motor vehicle, the insurance company will compensate the victims (excluding those on board) within the limit of liability. Simply put, compulsory insurance is "compulsory three liability insurance". Compulsory insurance is illegal. 2. Third-party liability insurance: referred to as "three liability insurance" for short, it means that the insured or the qualified driver allowed by the insured suffers personal injury or personal injury from a third party and the property is directly damaged. Generally, the compensation limits of the three liability insurances are 50,000, 654.38+10,000,150,000, 200,000, 300,000, 500,000 and 100, which are selected by the insured. 3. Vehicle loss insurance: Vehicle loss insurance refers to the loss of the insured vehicle itself caused by natural disasters (excluding earthquakes) or accidents within the scope of insurance liability. The insurer pays compensation according to the provisions of the insurance contract, which is contrary to the third party liability insurance.
Does the loan car have to buy insurance at the 4s shop?
You don't have to buy insurance at 4s shop. You can choose a loan to buy a car according to your own situation. There are generally two situations: 1, buying a car with a loan from an auto consumer finance company that cooperates with a store in 4S; 2. Borrow money from other banks and financial institutions, and then go to the 4S store to buy a car. The following are the precautions when buying a new car: 1. Check the paint: whether there are scratches and depressions on the body surface. Check whether the paint thickness is uniform. Whether there are patch marks on the edges of engine room and underbody. 2. Check the gap: check whether the gap between the front cover, door and enclosure is uniform and whether the gap on both sides of the front cover is symmetrical.
Do 4s shops have to buy insurance when they borrow money to buy a car?
The loan must be insured in a shop in 4 S. The following is the introduction of auto insurance: 1, compulsory insurance: the first thing to buy auto insurance is compulsory insurance, and the law also stipulates that you must get this insurance when buying a car, otherwise the novice driver will not be able to get a license plate and the old driver will not be able to go on the road. If you don't buy strong insurance but force your way, the punishment will be very serious. 2. Third-party liability insurance: The third-party liability insurance is mainly responsible for the compensation for personal injury or direct property loss caused by accidents during the use of the insured vehicle. The last thing you want to happen when driving is an accident, which not only damages your car, but also costs a lot of money to compensate others. 3. Vehicle loss insurance: This means that daily vehicle loss insurance is different from vehicle stop-loss insurance. This kind of insurance means that the insured vehicle can get corresponding compensation if it encounters natural disasters or accidents within the scope of insurance responsibility, but it does not include the losses caused by the earthquake.
Do I have to buy insurance in a 4s shop to buy a car?
From the perspective of consumers' rights and interests, consumers have the right to choose insurance companies, and they don't have to take out insurance in stores.
However, if the car purchase contract States that it must be insured in a 4S shop, it must be purchased in a 4 S shop. If not, you don't have to choose your own insurance company.
However, as far as the current hidden rules of the industry are concerned, many guarantee companies recommended by 4S stores for lenders will designate insurance companies for lenders. If the guarantee company you are looking for has designated an insurance company for you, and you have not transferred to another insurance company, it is still a breach of contract. In case of default, the deposit paid by the lender may not be recovered.
Extended data
Mr. Yang said that he bought an SUV in an Audi 4S shop in Shuangliu in February, 20 15. At the time of payment, the salesperson told him that if he borrowed money to buy a car, he could get a few more discounts.
Thinking of saving more money and working capital, Mr. Yang decided to borrow money to buy a car. After completing the car purchase procedure, the staff of 4S shop told him that because it was a car bought by loan, Mr. Yang's new car had to be bought in the store for three consecutive years.
Mr. Yang revealed that in the first year, he spent 65,438 438+ 10/00000 yuan on the insurance purchased in the 4S store. Last year, his vehicle commercial insurance expired in February. Considering that the 4S shop must buy all insurance and the cost is high, Mr. Yang intends to buy auto insurance outside by himself. However, the renewal staff of the 4S shop told him that if he bought insurance outside, the deposit he had paid before could not be refunded to him.
Mr. Yang said that the loan period for vehicles is three years. After buying a car, the 4S shop requires the owner to buy auto insurance at the 4S shop during the loan period and pay a loan deposit of 5,000 yuan. "They said that this loan deposit will be repaid after the loan is paid off." . But if Mr. Yang doesn't buy full insurance for three years, the loan deposit of 5,000 yuan will not be refunded.
Subsequently, the reporter called Mr. Yang's 4S shop to buy auto insurance and asked if it was necessary to buy auto insurance in the store for loan car purchase. Sales staff said that if a loan is made, commercial auto insurance must be purchased in the store during the loan period, including car damage insurance, three-way insurance and theft insurance. In addition, an additional renewal deposit must be paid when handling the loan, and the deposit will be fully refunded after the loan expires and the insurance is purchased in full as required.
Regarding the phenomenon that the loan to buy a car is forced to be bound by 4S stores, the legal person of Sichuan Insurance Industry Association said that buying a car insurance should follow the principle of voluntariness, which insurance company to go to, which channel to go to, and which commercial insurance to buy are all consumers' rights.
Dealers charge "renewal" in the name of agency loans, forcing consumers to renew their insurance in 4S stores during the loan period, which has violated consumers' right to choose independently. Consumers can complain to the industrial and commercial departments or bring a lawsuit to the people.
In addition, lawyers also said that consumers should pay attention to the terms of the contract when handling car loans, see whether the specific requirements and time limit for deposit redemption are reasonable, and keep valid documents such as contracts and receipts.
Last week, after visiting a number of 4S stores as consumers, the reporter found that it seems to have become a "hidden rule" in the industry to bundle car loans to buy auto insurance and pay renewal deposits, and almost every 4S store is doing this.
In a BMW 4S shop on Airport Road, when the reporter offered a loan to buy a car, the salesperson said that if he wanted to buy a car with a loan, he should buy commercial auto insurance in the store. "You don't have to be fully insured. You can choose your own insurance, but you should buy it from us during the loan period." At the same time, he also mentioned the matter of paying the loan deposit.
At another BMW 4S store near Shuangliu Outlets, the sales staff also actively introduced another way, "Save 30,000 yuan with us, buy insurance in the store during the loan period, and give you all the insurance for the first year free of charge", and said that if there is any money left after paying off the loan, the 4S store can refund the balance.
In a Buick 4S shop on Airport Road, when the salesperson listed the car purchase cost to the reporter, he clearly wrote down the insurance and renewal deposit of a certain car. The salesperson said, "These are all loans to buy a car."
4S shop adopts the four-in-one business model of automobile sales, but its function does not include sales insurance. So, what is the purpose of asking car buyers to buy insurance in 4S stores?
According to people in the insurance industry, all stores in 4S are part-time agents of commercial auto insurance business of insurance companies. Bundling car insurance in 4S stores can increase income, because they will get high "kickbacks" from insurance companies.
It is understood that the so-called "rebate" refers to the commission given by the insurance company to the agent. In the past, the common practice in the insurance industry was to implement a guiding ratio before the regulatory authorities: 65,438+05%. However, at present, various companies have broken through the "guide price" of 15%, and strive for more 4S stores to sell their auto insurance products by continuously increasing commissions.
The person in charge of the intermediary channel of a property insurance company told Chengdu Business Daily that at present, the commission paid by various insurance companies in Sichuan to 4S stores in the auto insurance business generally exceeds 45%. "For example, some large insurance companies may give 40% and 45%, while some small insurance companies want to compete for the market, they must give 50% or even 60% to be' put on the shelves' by 4S stores." Agents such as 4S stores have made huge profits from it. "Every time they make a single order, the gross profit can reach about 50%, which is more profitable than selling cars."