What Does a First-Hand Car Mean?
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A first-hand car refers to a vehicle with zero transfer records, meaning it is being sold for the first time after initial registration. It is a subcategory within the used car market and is also referred to as a 'used car'. Purchasing a first-hand car not only saves on purchase tax but also significantly reduces the vehicle price, provided you acquire a well-maintained first-hand car. Differences Between First-Hand Cars and Used Cars: Different Definitions: A first-hand car primarily refers to vehicles purchased directly from dealers with first-time transfer records, whereas used cars are those transferred from previous owners, typically with two or more transfer records. Different Purchase Channels: First-hand cars are commonly found at 4S stores, auto malls, online platforms, or regional brand agents. Used cars can be purchased at used car markets, online used car platforms, from individual owners, or at vehicle auction exchanges. Price Differences: First-hand car prices are generally stable with minimal fluctuations, while used cars are known for their higher cost-performance ratio. Condition Differences: First-hand cars come with brand-new configurations, whereas used cars require thorough inspection of their current and historical conditions.