What does gps fee mean for buying a car? If the vehicle is equipped with GPS, 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. Furthermore, if you buy a car through a regular bank mortgage, there is generally no GPS fee. If it is through some loan companies, there will be this fee. 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. The general cost of GPS is about 3000~3500 yuan. Exceeding this price range is on the high side. In fact, to put it bluntly, GPS fee is the overlord clause of loan to buy a car. Items similar to arbitrary charges. Normal bank mortgage loans, credit loans, rarely need to install GPS, or mortgage vehicle registration certificate, or mortgage other property, or direct credit loans, without any mortgage. At most, it is mandatory to buy anti-theft and emergency rescue. There are many places where GPS can be installed, most of which are hidden parts. Common locations are: 1. Inside the front and rear bumpers. 2. In the decorative panel under the front windshield. 3. If it is wired, it is generally installed under the center console, A-pillar and steering wheel. 4. Next to the taillight near the trunk. Million car purchase subsidy