None of them count.

You have to pay taxes in full to get a license, and you need to buy insurance. Generally, you must be fully insured. These two expenses are not included in the vehicle loan.

The vehicle loan is calculated according to the bare car price of the vehicle. The bank only recognizes the mortgage value of the vehicle itself.

So your actual payment should be

Down payment, tax, insurance.

Second, is it necessary to buy a car with a loan?

The guarantor of the loan car purchase is the dealer. In order to minimize the guarantee liability, the dealer will require the lender to take out the corresponding insurance as required, which is the so-called all risks.

Third, is it necessary to buy a car with a loan?

It's not necessary.

In fact, the purpose of requiring loan cars to buy insurance is to reduce the risk of bank lending. The car bought with the loan itself has the pressure to repay the loan every month. If the car is damaged by a major traffic accident during the loan period, the owner is likely to encounter greater economic risks. Correspondingly, the lending risk of banks will also increase.

Therefore, it is reasonable for banks to ask for loan auto insurance. However, the bank did not force car owners to buy all insurance. In addition to compulsory insurance, some banks also require car damage insurance, theft insurance, third party liability insurance and personal accident insurance. Other additional types of insurance, such as glass insurance and scratch insurance, will not be compulsory by banks. It is against the rules if the salesman of the car dealership tells consumers that they must buy all insurance.

Whether to buy full insurance is a requirement of banks, and every bank has requirements. The relevant staff of a bank said that the loan bank does have the requirement to buy a car, and it needs to buy all risks within three years of the loan period, which has been stated in the loan contract. The direct beneficiaries of insurance are actually banks. If the vehicle has an accident, the insurance company will pay the bank directly, and the owner will generally not get the compensation.

Extended data:

There are three main factors that cause compulsory insurance. First of all, reducing the loan risk is the main reason. In order to ensure the value of collateral in mortgage loans, financial institutions can reduce the risk of collateral loss and ensure the safety of loans by requiring lenders to insure the above types of insurance and taking financial institutions as insurance beneficiaries.

Secondly, it is supported by laws and regulations. In the Measures for the Administration of Automobile Consumption Loans promulgated by the People's Bank of China 1998, Article 17 stipulates that "the borrower shall take out insurance for the purchased vehicles according to the requirements of the lender, and the insurance period shall not be shorter than the loan period. During the mortgage period, the borrower shall not interrupt or cancel the insurance for any reason. "

Although the "Measures for the Administration of Automobile Loans" re-enacted in 2004 abolished this provision, it did not make a prohibition requirement, so this practice was continued by various financial institutions. Third, interest-driven. Automobile dealers provide trading opportunities for financial institutions and insurance companies through their own platforms, which is the driving factor of compulsory insurance in automobile loans.