Used Cars

NEV Purchase Tax Exemption Ends in 2027: Last Window to Buy

Starting 2027, new energy vehicle purchase tax incentives will be completely eliminated, reverting to the full 10% rate. A 200,000-yuan vehicle will cost approximately 9,000 yuan more in taxes the following year, prompting dealers to launch last-train marketing strategies.

2261 day ago

China's Used Car Transactions Hit 8.095 Million Units in Jan-May, New-to-Used Ratio Reaches 1:1 for First Time

China's used car market recorded 8.095 million transactions from January to May 2026, up 2.3% year-on-year. For the first time, the ratio of new-to-used car sales reached 1:1, signaling a structural shift in China's automotive consumption landscape.

4676 days ago