The lowest transaction price for Shanghai brand auctions in September was 73,400 yuan, a decrease of 1,300 yuan from the previous month, a record low for the year. However, the number of people participating in the auction in September reached a new high since April 2008. According to statistics, the number of license plate bids reached 35,154 in September, an increase of 13,343 from the previous month.
The so-called “warning price†refers to the initial limit of “bid†imposed by Shanghai in the framework of the existing regulations on the quota of motor vehicle bids and auctions since Shanghai’s price has risen too quickly since April this year. The “warning price†is the weighted average price of the average transaction price of Shanghai-brand auctions for the first three months. When the bid auctioner’s price during the first bidding period is higher than the “warning priceâ€, the system will pop up a prompt box “Please do not Bid higher than XX Yuan, otherwise the system will not accept words such as "to remind the player that the bid is reasonable." After the “warning price†started, the Shanghai price continued to fall. The lowest price fell from 90,800 yuan in March to 73,400 yuan in September.
According to a notice issued by the Shanghai Motor Vehicles Quota Administration Office recently, starting from October, the Shanghai-brand auction will implement conditional initiation of “warning price†measures, and no “warning price†will be set in October. According to relevant regulations, if the average price of the auction for auctions increases by more than 3% (inclusive) in a single month, then the “warning price†measures will be set up in the phase of the first bid starting the following month.
“After entering May, not only did the auto market enter the off-season, it also entered the off-season for license plate transactions. At the same time, the price drop on the Shanghai license plate had affected the bidding psychological range for some car buyers. This caused the prices to fall.†The businessman told the Daily Economic News reporter that “With the resumption of vehicle sales and the cancellation of the 'warning price', the October license price may break again by 8 (ten thousand yuan).â€
With the "new car on the new car" and "used car deal with the amount of transfer of one year (inclusive) after the transfer, transfer, transfer, retired licenses and other second-hand car business" and other new policies implemented simultaneously, although The price of new cards dropped, but it had a certain impact on Shanghai's used car transactions.
"The new license plate can not be used car, no transfer within one year. This to a certain extent prompted owners interested in buying used cars in advance of consumption, followed by a substantial decline in second-hand car trading volume." A used car dealer said.
Another dealer who specializes in luxury used cars also stated: “After April, single store sales fell at least 1/3, because compared to ordinary used cars, Audi, Mercedes-Benz, BMW and other second-hand cars have a higher percentage of Shanghai stocks. ."
The statistics of the Shanghai Used Car Industry Association show that after the implementation of the license restriction in April, the first working day (April 22) to the end of the month after the license was taken, the average daily trading volume was more than the average daily transaction after the card was sold in March. The volume decreased by 32%. In May, the sales of second-hand cars and transfer in the city continued to decline.
The implementation of the above policies has also affected the profitability of used car dealers to some extent. "After the implementation of the New Deal, if someone wants to buy a license plate separately, the transaction process is very complicated and the used car dealers will also take certain risks. Therefore, we all recommend that customers handle the purchase intentions themselves, which also means that the benefits of the intermediary services No, "said used car dealer.
It is reported that the Shanghai Used Car Industry Association submitted a report to the relevant government departments at the end of June this year, proposing a number of proposals such as "a new license can be used on a second-hand car" and "allowing a re-transfer transaction after quota transfer."
“As of October, used cars are expected to be able to use new vehicle licenses, which will improve our operating conditions,†said the high-end used car dealer.
The so-called “warning price†refers to the initial limit of “bid†imposed by Shanghai in the framework of the existing regulations on the quota of motor vehicle bids and auctions since Shanghai’s price has risen too quickly since April this year. The “warning price†is the weighted average price of the average transaction price of Shanghai-brand auctions for the first three months. When the bid auctioner’s price during the first bidding period is higher than the “warning priceâ€, the system will pop up a prompt box “Please do not Bid higher than XX Yuan, otherwise the system will not accept words such as "to remind the player that the bid is reasonable." After the “warning price†started, the Shanghai price continued to fall. The lowest price fell from 90,800 yuan in March to 73,400 yuan in September.
According to a notice issued by the Shanghai Motor Vehicles Quota Administration Office recently, starting from October, the Shanghai-brand auction will implement conditional initiation of “warning price†measures, and no “warning price†will be set in October. According to relevant regulations, if the average price of the auction for auctions increases by more than 3% (inclusive) in a single month, then the “warning price†measures will be set up in the phase of the first bid starting the following month.
“After entering May, not only did the auto market enter the off-season, it also entered the off-season for license plate transactions. At the same time, the price drop on the Shanghai license plate had affected the bidding psychological range for some car buyers. This caused the prices to fall.†The businessman told the Daily Economic News reporter that “With the resumption of vehicle sales and the cancellation of the 'warning price', the October license price may break again by 8 (ten thousand yuan).â€
With the "new car on the new car" and "used car deal with the amount of transfer of one year (inclusive) after the transfer, transfer, transfer, retired licenses and other second-hand car business" and other new policies implemented simultaneously, although The price of new cards dropped, but it had a certain impact on Shanghai's used car transactions.
"The new license plate can not be used car, no transfer within one year. This to a certain extent prompted owners interested in buying used cars in advance of consumption, followed by a substantial decline in second-hand car trading volume." A used car dealer said.
Another dealer who specializes in luxury used cars also stated: “After April, single store sales fell at least 1/3, because compared to ordinary used cars, Audi, Mercedes-Benz, BMW and other second-hand cars have a higher percentage of Shanghai stocks. ."
The statistics of the Shanghai Used Car Industry Association show that after the implementation of the license restriction in April, the first working day (April 22) to the end of the month after the license was taken, the average daily trading volume was more than the average daily transaction after the card was sold in March. The volume decreased by 32%. In May, the sales of second-hand cars and transfer in the city continued to decline.
The implementation of the above policies has also affected the profitability of used car dealers to some extent. "After the implementation of the New Deal, if someone wants to buy a license plate separately, the transaction process is very complicated and the used car dealers will also take certain risks. Therefore, we all recommend that customers handle the purchase intentions themselves, which also means that the benefits of the intermediary services No, "said used car dealer.
It is reported that the Shanghai Used Car Industry Association submitted a report to the relevant government departments at the end of June this year, proposing a number of proposals such as "a new license can be used on a second-hand car" and "allowing a re-transfer transaction after quota transfer."
“As of October, used cars are expected to be able to use new vehicle licenses, which will improve our operating conditions,†said the high-end used car dealer.
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