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Auto Trade-in Business Hot in China

2010-01-20    

News from China Auto Dealers Association reveals that China auto trade-in business is very hot. Many Chinese customers welcome this kind of policy very much. In the year of 2010, the auto trade-in subsidies raise from between 3 to 6-thousand yuan to between 5 to 18 thousand yuan. The new trade-in auto policy can drive up the sales in new autos; furthermore, it can efficiently protect the environment and lowering the carbon dioxide.


Mr. Wang, the Analyst of Beijing Used Auto Market, says the new subsidy will bring more benefits to auto owners. Customers strongly encourage to participate in the scheme. China Auto Dealers Association says this new subsidy policy will speed-up trade-ins of old autos. At the same time, it helps China reach its target for cutting emissions. Auto owners will buy new vehicles and boost the auto market.