All know the car gods, more inclined to choose used cars, wow asked the reason, only to understand that used cars have so many benefits ~
High retention rate
If a used car is then resold, its “shrinkage” is less, and the value retention rate is high. The actual fact is that you will not have to bear the vehicle purchase tax if you buy a used car.
Large choice
If you are tight on cash, a used car is a very affordable option. For the same budget, there is a lot more room for choice when buying a used car than when buying a new one.
Better parts
The actual fact is that you can find a lot of people who are not able to find parts for their cars. In addition, many new policies have been introduced this year, making it a good choice to buy a used car.
Tax reduction
The Ministry of Finance and the State Administration of Taxation issued the “Announcement of the Ministry of Finance and the State Administration of Taxation on the VAT Policy Relating to the Distribution of Used Cars”, which clarifies that from May 1, 2020 to December 31, 2023, the VAT on used cars will be adjusted from the original reduced VAT of 2% to a reduced VAT of 0.5%.
Post time: Nov-02-2021