QUOTE(TOMEI-R @ Sep 23 2024, 10:40 PM)
Finally someone who understands the dynamics of Chinese made cars.
No matter how I explains to customers and people around me, many still wouldn't get it.
Its not just affecting Chinese made cars, but EVs as well. TBH many dealers are even reluctant to take in EVs now as we speak.
any brand also cannot hold their resale value in china.
year 2021, lexus es200 that only available in china need to add 20-50k RMB to get the car brand new, total maybe 360k RMB, u want nego the 4s ppl also no diao you because they will say u add money now the car can keep its value
now lexus es200 giving promo 90k RMB, new car around 220k RMB if loan and 240-250k RMB if cash buy.
if u are 2021 owner paying 360K for that lexus, now u lost the most 140K RMB.