What to Do with China 5 and China 4 Vehicles After the Implementation of China 6 Standards?
2 Answers
New standards mainly impose constraints on automakers, requiring that vehicles sold must meet the China 6 standards. For China 5 and China 4 standard vehicles, there is no significant impact on road usage. Even after the China 6 standards are implemented in 2020, these vehicles can still be driven. Below is an introduction to the related impacts: 1. Resale Value: China 5 and China 4 vehicles will depreciate rapidly, with much lower resale values. 2. Usable Time for China 4 and China 5 Vehicles: Based on the current pace of emission standard updates every 5 years in Europe and domestically, plus a buffer period of over 3 years for traffic restriction policies, after the implementation of China 6 standards, China 4 vehicles can still be driven for at least another 8 years, and China 5 vehicles for at least another 13 years.
I've been driving for over a decade, from China IV to the current China VI emission standards. To be honest, China V and China IV vehicles have seen significant depreciation in the used car market. To reduce emissions, the government has started restricting older vehicles in major cities like Beijing and Shanghai, such as banning them from certain downtown areas. But it's not as scary as it sounds—I've checked the policies, and there are subsidies of several thousand yuan for trading in your old car for a new or new energy vehicle, which saves both hassle and money. China V cars can still be sold to cities without restrictions, while China IV vehicles will likely have to be scrapped. Just avoid driving in restricted areas during peak times. The key is to keep up with maintenance and not push your luck by driving a near-scrap car recklessly. In the long run, environmental protection is important, and supporting it isn't a bad thing.
