What does 'Ming Pan' mean in the used car market?
1 Answers
In the used car market, 'Ming Pan' refers to the practice of clearly marking prices on used cars, indicating that the price is openly negotiated between buyers and sellers in the market. Below is a detailed introduction: 1. Specific Content: It involves explicitly stating the price of the used car instead of letting buyers make offers, representing a transparent and fair trading method. 2. Main Aspects: The primary aspects of used car transactions include: preliminary evaluation work, technical condition assessment, consignment sales, exchange services, price evaluation, and transaction practices. Consumers should have a thorough understanding of the procedures related to the used car they intend to purchase. 3. Required Documents: The necessary documents for used car transactions include the vehicle registration certificate, driving license, purchase invoice, insurance policy, and identification documents of both parties involved in the transaction.