What is Car Replacement?
3 Answers
Car replacement purchase is a service where consumers use the assessed value of their used car plus additional payment to buy a new car from a brand dealer. It allows for exchanges between any brands without the requirement of sticking to the same brand. More details about car replacement purchase are as follows: 1. Complete Documentation: To facilitate the replacement of your old car, it's necessary to ensure all vehicle documents are complete before taking it to a 4S store for evaluation. This includes the original and copy of the owner's ID card, the original and copy of the vehicle's initial purchase invoice or last transfer invoice, the original and copy of the vehicle's motor vehicle registration certificate, as well as the original and copy of the vehicle's driving license. 2. Understand the Price of the Used Car: The price of the same used car may vary depending on the time, location, and method of sale. Therefore, it's advisable to conduct a price evaluation at a formal used car market, reputable used car companies, professional used car websites, or a 4S store in advance to have a clear idea. The valuation of the used car should neither be too high nor too low. 3. Choose the New Car: Generally, after replacing the old car, you need to file for records at the traffic management department. After filing, it takes about 8 working days to obtain the update indicator, totaling approximately 2 weeks. During this period, you can gather information on new cars and make the best choice based on your needs and preferences.
Car replacement is my experience of trading in my old car for a new one, which is particularly hassle-free and convenient. Last time I went to the 4S dealership to buy an SUV, the salesperson directly evaluated my six-year-old sedan, checking core components like the engine and transmission, as well as looking for any major accidents on the body. The appraiser gave me an on-the-spot quote, which was a few thousand lower than what I saw on second-hand platforms, but it could be directly deducted from the new car's price, and the transfer procedures were waived. What I appreciated most was that the 4S dealership even handled the compulsory traffic insurance seamlessly—on the day I picked up the new car, they took the old one away, eliminating the need to juggle both ends. Just make sure to disclose all minor scratches and dents during the evaluation to avoid disputes on-site. This replacement method is the most convenient for car owners looking to upgrade—no need to find a buyer yourself, and you can still stack new car discounts.
I just completed a car replacement last week, and it was a pretty straightforward process. Simply drive your old car to the dealership, where they have dedicated appraisers to evaluate its price based on factors like age, mileage, and condition. If you accept the offer, the amount is directly deducted from the down payment for the new car. The most noticeable benefit I experienced this time was the efficiency—the entire process, including paperwork for both the sale and purchase, was completed in just two hours, which is much better than dealing with the used car market on your own. However, I’d recommend checking the general market price on used car platforms before proceeding with the replacement to avoid being lowballed. Many manufacturers also offer replacement subsidies now, and I received an additional discount of 8,000 yuan this time.
