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Chinese automakers are now selling brand-new cars as used. The seats are still wrapped in plastic. The odometer reads zero. Here's how it works. Automakers under pressure to hit subsidy-tied sales targets “sell” new cars on paper to affiliated dealerships, claim the EV subsidy, then resell those same cars as “used” at a steep discount, often to markets like Russia and Central Asia. Reuters confirmed in July 2025 that Zeekr, owned by Geely, and Neta booked sales by registering insurance policies
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Chinese automakers are now selling brand-new cars as used. The seats are still wrapped in plastic. The odometer reads zero. Here's how it works. Automakers under pressure to hit subsidy-tied sales targets “sell” new cars on paper to affiliated dealerships, claim the EV subsidy, then resell those same cars as “used” at a steep discount, often to markets like Russia and Central Asia. Reuters confirmed in July 2025 that Zeekr, owned by Geely, and Neta booked sales by registering insurance policies
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Here’s where dealers buy cars before they hit dealership lots. If you know what you’re doing, auctions can save you thousands. Follow for more car buying tips. 🚗 #carauction #usedcars #carbuying #canada #caradvice
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AD | Growing up, my stepdad and brother were obsessed with motorbikes and it felt like they practically lived on Autotrader. 🏍️ So this feels a little nostalgic for me because Autotrader has always been one of those names I’ve known for as long as I can remember. Fast forward to now, and whether you’re looking for your next family car, upgrading your current one, or just seeing what’s out there, Autotrader is always where I’d start. 🚗✨ If a new car is on your mind, it’s definitely worth a visi
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