How Many Months Does a Car Need to Sit Before Being Considered a Stock Vehicle?
1 Answers
The term "stock vehicle" is not legally defined but is a term commonly used in the automotive sales industry to refer to new cars that have not been sold for an extended period after leaving the factory. Below is relevant information about stock vehicles: 1. There is no absolute standard for how long a new car can sit after its production date before being considered a stock vehicle. The industry generally considers domestically produced vehicles from both independent brands and joint ventures to be stock vehicles if they remain unsold for three months or more after leaving the factory. For imported vehicles, due to the considerable time spent on transportation, customs clearance, and entry procedures, the threshold is more lenient, typically extending to six months or even a year. 2. There are no specific regulations stipulating whether consumers who purchase stock vehicles are entitled to extended warranties or special after-sales services. If a 4S dealership intentionally conceals the fact that a car is a stock vehicle, this constitutes fraudulent behavior. In such cases, the dealership should compensate the consumer for their losses, with the compensation amount being three times the price of the purchased product or service.
