Industry insiders discuss the essence of the proliferation of "zero-kilometer used cars": channel inventory transfer disguised as "quasi-new cars."

Zhitong
2025.05.31 00:25

Insider Zhong Ya in the used car industry told reporters that the prevalence of zero-kilometer used cars is essentially a transfer of channel inventory disguised as "quasi-new cars," rooted in automakers' excessive pursuit of sales. Pan Lei, an expert in the used car industry from the China Automobile Circulation Association, explained that zero-kilometer used cars have actually existed in the market for a long time, previously referred to as "package license and tax cars," which were created by manufacturers to clear inventory, and their prices were indeed lower than normal prices. This type of vehicle source has also effectively supplemented market demand. However, he emphasized that the current automotive market landscape has changed, with overcapacity leading to a large number, even an oversized number, of zero-kilometer used cars appearing, which will inevitably exacerbate the already fiercely competitive automotive market. The impact is widespread, affecting both the new car market and the used car market, and the entire automotive market price system will be eroded