Beijing Second-hand Car Market Booms On Tax Cut
2009-03-09 Source：internet
Summarize：The period after the Chinese Lunar New Year is traditionally an off season for second-hand auto sales. But this year in Beijing, the situation is a little different.
The recently launched policy wh ...
The period after the Chinese Lunar New Year is traditionally an off season for second-hand auto sales. But this year in Beijing, the situation is a little different.
The recently launched policy which halves the purchase tax for vehicles with engine capacity below 1.6 liters has boosted second-hand auto sales.
One second-hand auto dealer said "We sold around 30 cars on the day following the Spring Festival. Low-emission vehicles even sold out."
Many people who previously owned cars with large engine capacity have changed to low-emission vehicles.
One consumer said "Most families can afford a low-emission car. The cars consume less gas, so they are more environmentally-friendly."
As demand for low-emission cars increases, it's a good time to buy a second hand vehicle.
Wang Meng, from Beijing Second-hand Motor Vehicle Market said "We suggest that people who want to buy low-emission cars wait for a while, and car owners who want to sell their vehicles be quick."
But second-hand auto buyers should be cautious when choosing a car. They should carefully check vehicles' maintenance logs and make sure they transfer the insurance policy.
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