Is a motorcycle produced a year ago considered a stock vehicle?
1 Answers
A motorcycle produced a year ago is considered a stock vehicle, as any vehicle that has been in the factory for more than 9 months is classified as a stock vehicle. Introduction to stock vehicles: There is no clear legal definition for stock vehicles, but in the automotive sales industry, the term "stock vehicle" is commonly used to refer to vehicles that have been in inventory for more than 6 months without being sold. Reasons for the existence of stock vehicles: As a commodity, automobiles are large in size, expensive, and incur high storage costs, while also tying up a significant amount of the dealer's capital. Therefore, dealers generally do not allow inventory vehicles to remain unsold for extended periods. However, due to various reasons, there are indeed many vehicles in the market that have been in the factory for more than 9 months, and those with a production time exceeding 1 year are considered overdue stock vehicles.