Where Do the Used Cars from 4S Store Trade-ins Go?
1 Answers
If there is no official certified used car program, most of the cars acquired by 4S stores will be sold to used car dealers, eventually entering the used car market. If the brand has an official certified used car program, vehicles of the same brand will be sold in the 4S store showroom after certification, while cars of other brands will also be sold to used car dealers. Below is relevant information: 1. How vehicle trade-ins work: Drive your used car to the 4S store of your desired new vehicle model. Trade-ins are supported even for different brands, but the valuation and trade-in subsidies will be lower compared to the same brand. Then, the 4S store staff will assess and price your used car, sign a used car purchase agreement and trade-in agreement. The value of the used car will directly offset the price of the new car, and after paying the difference, the owner can complete the procedures and take delivery of the new car. 2. Disadvantages of 4S store trade-ins: The purchase price offered by 4S stores is generally lower than the direct purchase price from used car brokerage companies in the market, as most 4S stores resell the acquired vehicles to the used car market. Additionally, compared to direct buyers, trade-in customers may receive fewer discounts on new cars. 3. Advantages of 4S store trade-ins: While 4S store trade-ins may not offer price advantages, they save time and effort. The entire trade-in process is handled by the 4S store, saving the owner the time, energy, and cost required to sell the used car privately. The used car transfer procedures are quite complex, and any omissions can lead to future troubles. Therefore, for the owner, whether it's the used car transfer or new car registration procedures, the 4S store handles everything, eliminating the hassle of dealing with various cumbersome procedures.