What is the car replacement quota?
4 Answers
Car replacement quota refers to the policy that allows car owners to directly apply for a new vehicle registration quota without participating in the lottery, by either scrapping or selling their old vehicle. The vehicle update quota confirmation notice serves as the proof document for the new quota. The quota management authority will review and approve the application based on valid documents provided by the traffic management department of the public security authority, and then publish the vehicle update quota confirmation notice on designated websites. The update quota is valid for 6 months. Car buyers must complete the vehicle registration procedures within 6 months from the date of obtaining the update quota. Failure to complete the registration within this period will be regarded as automatic forfeiture of the update quota. If replacing an old car with a new one at a 4S dealership, these procedures can be handled by the dealership. The car owner only needs to bring their ID card, the original vehicle purchase invoice, vehicle registration certificate, and driving license to the 4S dealership staff to complete the replacement process in one step.
Last time I went to trade in for a new car, I finally understood what the trade-in value means. Simply put, it's a price deduction standard that dealers offer based on the condition of your old car when exchanging it for a new one. For example, with my old Santana, the 4S dealership checked factors like the vehicle's age, mileage, accident history, and combined it with the brand's resale value to calculate the trade-in value. They gave me an on-the-spot quote stating it could offset 35,000 yuan, which directly saved me money when purchasing the new car. However, calculation methods vary by brand—my colleague's Japanese car had a higher trade-in value than my German one. Nowadays, with the used car market becoming more transparent, trade-in valuations are also more standardized. But remember to keep the evaluation documents properly, as some dealerships might play tricks by inflating prices.
I've been running an auto repair shop for over a decade and helped many car owners with trade-ins. Simply put, a trade-in valuation is the appraisal certificate for your old car - the dealership deducts its value from the new car's price on the spot. Three key factors determine the value: each additional year of age reduces it by 10%, accident vehicles get 30% slashed, while full maintenance records can add value. Once a customer brought a modified car and lost big - body kits actually lowered the appraisal. The funniest was last month when a guy brought a flood-damaged car - the computer detected water marks and zeroed the value instantly, making his trip pointless. My advice? Wash your car and fix minor scratches before appraisal - getting a Grade B condition makes the trade worthwhile.
Last month, when I used my dad's old Buick to trade in for a new car, I finally understood what the 'evaluation indicator' was all about. Basically, the 4S store appraiser scanned the VIN with a tablet, checked the mileage, and assessed the wear and tear. I noticed that cars with clean interiors got higher ratings, and replacing the tires with new ones also added points. The salesperson who assisted me mentioned that new energy vehicle trade-ins are currently the most favorable, while gasoline cars are only valued at 70% of their original price. The entire trade-in process took just a few minutes, and the evaluation sheet could be directly given to the sales manager to offset the car payment. However, the same car model was valued with a 5,000-yuan difference across different dealerships, so it's advisable to visit a couple more stores for comparison.
