What does 'Ming Pan' mean in the used car market?

[WalterFitz]

'Ming Pan' in the used car market refers to the practice of clearly marked prices, indicating that the price is openly negotiated and agreed upon by both buyers and sellers in the market. Simply put, it means the used car price is explicitly stated, rather than leaving it to the buyer to make an offer, representing a transparent and fair trading method. Here are some additional details: The main 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 detailed understanding of the paperwork related to the used car they intend to purchase. Some buyers, tempted by low prices, may choose to purchase used cars with incomplete paperwork that cannot be transferred, which can lead to troubles for both the buyer and the seller. The required documents for a used car transaction include the vehicle registration certificate, driving license, purchase invoice, insurance policy, and the ID cards of both parties involved in the transaction.