What is Geely's Used Car Replacement Policy for New Cars in 2020?
3 Answers
The following is a related introduction to Geely's used car replacement policy for new cars in 2020: 1. Geely Xingrui: The first owner of the new car can enjoy 4.5 years or 120,000 kilometers of free maintenance, 4.5 years or 120,000 kilometers of warranty, and a high-value repurchase at 78% of the original price after 2 years. 2. Geely Haoyue: Users who purchase Geely Haoyue also have the opportunity to enjoy subsidies such as 0 down payment, 0 interest, 0 monthly payments, and lifetime free internet data for the car. 3. Geely Boyue PRO: Users who purchase Geely Boyue PRO also have the opportunity to enjoy benefits such as 36 months of interest-free payments, lifetime warranty on core engine components for the first owner, standard CN95 air conditioning filters across all models, and 5 years of free internet service data.
Last year, I traded in my 8-year-old Emgrand for a Xingyue, and the whole process went quite smoothly. At that time, Geely offered a trade-in subsidy divided into three tiers: 5,000 RMB for Geely brand used cars, 3,000 RMB for other domestic brands, and 4,000 RMB for joint-venture brands. My car was appraised at 20,000 RMB, and with the subsidy, it directly offset 25,000 RMB of the new car's price. The key is to meet a few conditions: the used car must have been registered under your name for at least six months, with no history of flooding or major accidents, and all paperwork must be complete. Their 4S store sent someone to inspect the car for free and handled the transfer procedures on the spot. I also scored an extra two years of free maintenance. However, I heard that subsidy amounts vary by city. The most practical approach is to go directly to the dealership and have the salesperson evaluate it—their system can check real-time policies, which is much more accurate than what I could find on my phone.
As a sales consultant who frequently assists customers with trade-ins, I've observed that Geely's 2020 trade-in policy primarily focused on subsidy amounts and process optimization. The subsidy standards were tiered, with Geely owners eligible for up to 10,000 RMB, while other brands could receive around 5,000 RMB. In practice, there are several key points to note: The used vehicle must complete ownership transfer before claiming the subsidy, so it's advisable to check the vehicle registration certificate and annual inspection records in advance. Additionally, the subsidy can be combined with financial policies. For example, one of my customers traded in their Vision X3 for a Boyue PRO, receiving not only a 6,000 RMB subsidy but also qualifying for a zero-down-payment loan. However, subsidy applications typically take about 3 weeks to process, so it's best to have the dealership deduct the subsidy amount directly from the new vehicle price. Currently, some regions offer additional subsidies for scrapping National III emission standard vehicles, but this depends on specific city policies.
