Market Research Reports - Ken Research Buying Used Car China, China Used Car Market | Page 3

Snapshot on China Online Used Vehicle Market:
People are shifting their preference towards online mode of purchase. Dealers in the market
are charging higher margin which leads to increased final price of the vehicle. On the other
hand, online websites are just charging a small commission on the transaction value. Online
sellers of used vehicle claim to perform quality checks and fitness test. Online companies list
vehicles only after performing rigorous vehicle inspection. This has enhanced level of trust of
customers over online used vehicle companies leading to a shift in buyer’s preference.
Snapshot on Used Vehicle Finance Market: