Can a newly purchased used car be traded in?
1 Answers
Newly purchased used cars can be traded in, provided they are within the nationally permitted vehicle scrapping age limit, meet exhaust emission requirements, have no ownership disputes, and for installment payment vehicles, all payments must be settled with all vehicle documentation retrieved. Introduction to trade-in: Car trade-in means that when consumers are ready to buy a new car, they bring their original car to the intended model's 4S store, where staff evaluate its price and use this price as a discount to cover the remaining payment. Pros and cons of trade-in: It generally requires less time investment, and car owners who are not knowledgeable about cars don't need to worry too much about being deceived. However, the price evaluated by the 4S store is usually lower than the market price for used cars, and even with trade-in subsidies, the difference is not significant.