What are the purchase conditions for the Hongqi L5?
2 Answers
You need to submit your name, phone number, and email address on the official website, and someone will contact you within 48 hours to confirm the information and the model you wish to purchase. Within 10 working days, the vehicle purchase qualification review will be completed. If approved, a deposit of no less than 20% of the vehicle price is required. Within 5 working days after the deposit is paid, the Hongqi L5 team will finalize the details with the buyer and collect the final payment. The specific process is as follows: 1. During the review period, the applicant's political background, family background, family composition, and any political issues will be thoroughly verified. 2. The applicant's identity and financial status will be investigated to ensure they have sufficient economic capacity to afford the high costs of the Hongqi model, including checking the operational status of any companies under the applicant's name. 3. The Hongqi L5 is a premium luxury sedan under the Hongqi brand. In April 2014, it debuted at the Beijing Auto Show and began accepting private orders, marking its transition from the diplomatic sector to the private market. The 2014 model has since been discontinued, and the new model is expected to be available soon.
The Hongqi L5 isn't a car that just anyone can buy. I've heard from friends about some of the requirements. Basically, you need to be a Chinese citizen and provide proof of identity, showing that you're an entrepreneur or a celebrity, otherwise you'll be rejected. The application process is quite tedious—first, you have to fill out a detailed form, submit personal asset reports and background information, and then wait for official approval before you can get an allocation. The waiting time is long, reportedly six months to a year, because production is limited and only offered as bespoke orders. The deposit is also a huge sum, starting at several million yuan. I know someone who tried it, and the process was extremely exhausting. Additionally, the Hongqi brand itself is a symbol of high-end status with political significance, making it impractical for ordinary people. If you're really interested in buying one, I'd recommend consulting the official manufacturer's website or authorized dealers, but be prepared—the barriers are too high, and it might be easier to consider other luxury cars instead.
