In recent years, several buyers around the world have opted for Chinese used cars— with millions of units offered annually at a budget-friendly price. These vehicles provide a happy medium between the bare-minimum amenities of no-frills budget models and the price tags attached to brand-new imported cars, with prices averaging 20-30 percent lower than they would cost from other countries in their region. Other models, like the global-selling Changan CS35 and Geely Emgrand (pictured) also show that these vehicles are able to conform with international standards while still keeping costs low.
Over the last few years, Chinese car manufacturers have quickly shifted their focus to more fuel-efficient and electric models as well. In 2022 alone, China exported just short of 3 million vehicles making it home to the world's largest automotive market (now over both volume and ambition). Compared with vehicles in similar markets, just a list of the moderate fuel use of Chinese utilized autos is an award.79 models return over 30 miles for every gallon. BYD's compact EVs, for example, can provide over 300 miles in driving range of the same level as Western brands.
Although the longevity of used vehicles remains in doubt for current-generation Chinese brands, many offer long warranties and robust after-sales service to address quality concerns and reinforce consumer confidence. According to a survey, 75% of Chinese used car buyers were pleased with their purchase and listed long-life-span and reasonably priced price as an incentive.
One the contrary, with infrastructure in China developing rapidly, a vehicle can become so outdated that it exits some of these definitions faster and faster causing newer used model cars to show up on the market. Among the findings: An average Chinese used car is only about three years old, much newer than in Western markets where five-year-old cars are far more common. Your typical used Toyota certified inventory like the 2016 and 2015 models will open buyers up to newer tech such as advanced safety equipment and in-car connectivity, improving the driving experience.
Rising demand for stable and cheap transportation is turning Chinese used car buyers on to the fact that maybe a second-handee from”China will be good elsewhere.” It's something major automotive publications and news outlets, which regularly point out just how much value China offers the used car market, have noticed.