How Long Does It Take for a Joint Venture Car to Be Considered as Inventory?
2 Answers
Joint venture cars are generally considered as inventory if they have been unsold for more than 3 months. A joint venture car refers to a project jointly established by Chinese and overseas investors. Below is an introduction to the investment methods of joint venture cars: 1. The Chinese side provides land and factory usage rights, as well as capital. 2. Overseas investors contribute brands, technology, capital, and talent. Below is extended information on the differences between domestic cars and joint venture cars: 1. Price: Due to core technologies being held by foreign companies, joint venture cars are often more expensive. 2. Investment methods: Domestic cars are designed and manufactured entirely by Chinese companies; joint venture cars are produced through collaboration where the Chinese side provides land, factory usage rights, and capital, while foreign investors contribute brands, technology, etc. 3. Brand: Domestic cars are self-owned brands; joint venture cars are produced through Sino-foreign cooperation.
As an average car buyer, I've noticed that the concept of stock cars is quite common when choosing joint-venture vehicles. Generally, once a car has been off the production line for more than 3 months, dealers start considering it as a stock car. Last time I went to a 4S store to buy a car, the salesperson directly pointed out a few stock cars and said that prolonged storage might cause minor issues, such as battery aging or tires becoming a bit dry. But the advantage is the discounted price—I got a good deal last time by purchasing a new car that had been stored for 4 months, saving quite a bit of money. However, I suggest you be extra cautious when buying a car. Check the production date labels on the car windows or door frames—if it's been over half a year, it's better to pass, as it's more prone to problems. With regular maintenance, a stock car can still perform well, but it's better to inspect it thoroughly beforehand for peace of mind.
