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The second-hand car market is becoming sluggish, and no one buys it at a reduced price.

author:Bunny view of the car

In the nineties of the last century, the second-hand car industry began to develop gradually in the mainland, when the second-hand car market was only a start-up market, there was no mature experience to follow, but its development potential is still great, because the value of second-hand cars is huge, it can bring a lot of convenience to people. Until 2005, the second-hand car market also had its dividend period, what was the second-hand car market like at that time? It can be felt from the sentence "two years of selling a car, two houses".

The second-hand car market is becoming sluggish, and no one buys it at a reduced price.

However, with the passage of time, the competition in the second-hand car industry has become more and more fierce, the price of second-hand cars has been declining, and many second-hand car companies have suffered losses. I believe that many friends have recently seen a lot of second-hand car tear sale videos on the Internet, many car dealers have claimed that their backlog of inventory is too much, the second-hand car market is sluggish and tears are sold, before 80,000 yuan of the car, now 50,000 yuan can be sold, which makes many friends who plan to buy second-hand cars begin to be moved when they hear it, so why is this happening? The second-hand car market is sluggish, is it a good thing or a bad thing for our car owners? Today, Tutu will discuss these issues with you.

The second-hand car market is becoming sluggish, and no one buys it at a reduced price.

First of all, don't look at the current second-hand car market depression, but there is always a truth in the shopping mall: buying is never as good as selling, don't look at the current second-hand car market depression is a real situation, you must know that not only second-hand cars are not easy to sell, new cars are not easy to sell, of course, there are many factors that affect it, such as economic recession, income instability, coupled with the rise of new energy, major car companies began to fight price wars and so on.

Of course, there is one of the main reasons that the price of second-hand cars is still too high before, especially some of the so-called "value preservation artifacts", just like the Toyota domineering and Prado back then, there was a saying used to describe its ultra-high value retention rate, that is, "when you have money, buy a domineering and let it accompany you, and when you don't have money, sell the domineering and let it accompany you to make a comeback", a car of more than 400,000 yuan was once fried to more than 700,000 when the price was the highest in China.

The second-hand car market is becoming sluggish, and no one buys it at a reduced price.

You must know that buying a car, the car itself is a consumable, and under normal circumstances, it should depreciate over time, but there was a period of time before buying a Taiwan and buying it home to drive it for a year or two and then selling it, and even making some money, which is completely against the laws of the market, is this car so expensive and so valuable? It's not all speculated, but when the market develops to a very mature level, when consumers become more and more rational, and then speculate on the price as before, and the price of second-hand cars is as high as before, it will not work.

The second-hand car market is becoming sluggish, and no one buys it at a reduced price.

Judging from the current market environment, the supply of the second-hand car market will continue to increase in the future, because with the acceleration of car upgrading, more and more car owners will choose to sell their old cars, so that the supply of the second-hand car market will continue to increase. In addition, with the popularity of new energy vehicles, some new energy vehicles purchased in the early stage will also enter the second-hand car market, further exacerbating the supply pressure of the second-hand car market. In this case, the competition in the used car market will be more intense, and price wars will become the norm.

In addition, with the change in consumers' concept of buying cars, more and more people have begun to pay attention to new cars, especially new energy vehicles, and these consumers tend to give priority to new cars rather than second-hand cars when buying cars. On the other hand, with the continuous discounts on new cars, more and more people choose to buy new cars, which also reduces the demand for used cars to a certain extent. Therefore, the demand growth of the used car market will slow down in the future, and may even have negative growth.

The second-hand car market is becoming sluggish, and no one buys it at a reduced price.

So why can't used cars sell? To put it bluntly, it is the reason for the high price, if all the cars are discounted for three years, you see if this can still be sold. It is not difficult to see that the second-hand car industry will gradually reshuffle in the future, many of the second-hand car companies that have no strength and relatively small scale may be eliminated, if they can be supported, the price of the entire industry will become more reasonable and more transparent, which is a good thing for car owners, because the second-hand car industry will be more standardized in the future.

The second-hand car market is becoming sluggish, and no one buys it at a reduced price.

But it's not exactly a good thing, so why do you say that? After all, if the price of second-hand cars is knocked down for second-hand car dealers and cannot be sold at a high price, then when we sell cars, second-hand car dealers will also buy our cars at a very cheap price, and it is definitely impossible to collect cars at a high price and sell them at a low price, so it is reasonable to sell at a low price, and we can't get a light when we sell cars.

The second-hand car market is becoming sluggish, and no one buys it at a reduced price.

In general, this is also an inevitable development of an industry to a stage, but it also means that the traditional business model of the second-hand car market will face huge challenges. Those who are unable to adapt to technological change will be eliminated, while those who can seize the opportunities of technological change will rise. I don't know what you think about the slump in the second-hand car market? Feel free to leave a comment to let us know what you think.

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