What is car replacement?
2 Answers
Car replacement refers to the process where you can take your car, regardless of its brand or age, to a 4S dealership for evaluation. The evaluated price of your old car can then be used as a trade-in against the price of a new car you choose. Essentially, you sell your old car to the 4S dealership and purchase a new one from them. This is what car replacement entails. Key considerations for car replacement: 1. Ensure all necessary documents are complete: This includes the original and photocopies of your ID card, the original and photocopies of the vehicle's initial purchase invoice or the last transfer invoice, the original and photocopies of the vehicle's registration certificate, and the original and photocopies of the vehicle's driving license. 2. Understand the vehicle's market value: Before proceeding with the replacement, it's advisable to research the general market prices for used cars online or in the used car market as a reference. You can then get an actual evaluation from a professional used car brokerage or a 4S dealership. Most used car evaluations are free, so you can compare prices from different sources before making a decision. 3. The selling price is related to the car's condition: The speed at which your old car can be sold largely depends on its condition. If the old car is in good condition and is a popular model with relatively high resale value, the replacement process will be quicker. However, if the old car is unique or in poor condition, and the owner is eager to sell it to buy a new car, lowering the price might be the only solution.
Car replacement is how I recently got rid of my old vehicle. Simply put, it's when you take your used car to a 4S dealership or used car dealer to directly offset part of the cost of a new car. My car was over seven years old, and I didn't want the hassle of selling it privately. I just drove it to the 4S store where their appraiser determined a price after half an hour of inspection. They immediately deducted the amount from the total price of the new car, and my old buddy was instantly converted into 50,000 yuan in cash to offset the payment. The most convenient part was that I didn't have to worry about the transfer procedures at all—the 4S dealership handled everything, even taking care of the refund for my old car's insurance. However, I should warn you that the evaluation of used cars is quite strict. A small burn mark on my car seat resulted in a deduction. The amount you can offset is quite flexible; during store promotions, you might get a higher cash conversion. It doesn't hurt to shop around and compare prices at a couple of places.
