Why Are There So Many Second-hand Hongqi H5s?
2 Answers
Currently, second-hand Hongqi H5s are relatively rare in the market (even new cars are not commonly seen). Taking Xiamen as an example, a search across several major used car applications reveals no listings for second-hand H5s, highlighting the rarity of this model in the used car market. Even after asking friends in the used car business to inquire among their peers, the response was that there are basically no available vehicles, and even car dealers find it somewhat difficult to locate one. Below is more information about the Hongqi H5: Body Dimensions: The Hongqi H5 measures 4945x1845x1470mm in length, width, and height, with a wheelbase of 2875mm. Displacement: The Hongqi H5 comes with a 1.5T/1.8T engine displacement. Engine: The Hongqi H5 is equipped with two types of engines: a 1.5-liter turbocharged engine and a 1.8-liter turbocharged engine.
I've been repairing Hongqi cars for nearly a decade, and I've noticed that early H5 owners tend to change their cars quite frequently. The first few batches of this model had some nagging minor issues, like black screens in the center console and sunroof rattles, which weren't any cheaper to fix than joint-venture brands. The most troublesome was the oil leakage from the 2.0T engine, requiring replacement of the valve cover gasket, with long waiting periods for parts. Coupled with aggressive trade-in subsidies from 4S stores in recent years—especially during the transition from China V to China VI emissions standards—many original owners only needed to top up 30,000-40,000 yuan to upgrade to the new HS5. If you visit the used car market, you'll likely find nearly-new H5s with under 30,000 km, mostly company tax-deductible vehicles or personal owners reselling after trying the model. Honestly though, post-2019 facelift H5s have significantly improved reliability, making them great value in the secondhand market now.