Why Doesn't Chehang168 Sell to Individuals?
2 Answers
Chehang168 has mixed information and lacks guarantees. Below is relevant information about Chehang168: Introduction: Chehang168 provides cross-platform tool services to car dealers, supporting access via PC, Apple phones, and Android phones. Its service targets include 4S stores, imported car dealers, and tens of thousands of auto trade companies nationwide. It addresses the issue of high inventory pressure for upstream car dealers and the difficulty for downstream dealers to find cars. Leveraging the power of the internet, Chehang168 integrates nationwide supply and demand information for new cars, creating a platform for upstream and downstream businesses to connect and trade through services like car sourcing requests, deposit guarantees, and logistics finance, providing more efficient and secure transaction safeguards for both parties. Development: Chehang168 is headquartered in SOHO Modern City on Jianguo Road, Beijing, and currently has offices in over 10 cities including Beijing, Tianjin, Dalian, Qingdao, Zhengzhou, Urumqi, and Xi'an. In 2016, it plans to expand to Shanghai, Guangzhou, Wuhan, Chengdu, Chongqing, Shenzhen, Hangzhou, Qingdao, Ningbo, Fuzhou, and Suzhou to serve local markets.
I often deal with car dealerships and wonder why Chehang168 doesn't sell to individuals. It's mainly because they follow a wholesale model, only open to dealers or bulk buyers. The goal is to optimize their business model and reduce the cost pressure from small transactions. Individual buyers often demand test drives, loan negotiations, and after-sales services, which consume significant manpower and time, whereas wholesale sales handle multiple vehicles at once, ensuring faster turnover and stable profits. The automotive industry is highly competitive, and Chehang168's focus on wholesale helps improve inventory turnover efficiency and avoid the risk of overstocking. Additionally, wholesale clients are mostly businesses with good payment credibility, reducing the risk of credit issues or fraud from individual buyers. This strategy is common among large dealerships, helping them maintain sustainable growth.
