Chinanews.com reported on October 8th that imported car dealers stated that by the end of this year and early next year, the import auto market will have a policy shift, and that many imported car dealers will reduce their import volume. Imported car prices are likely to increase. There is a rebound. The policy shift has triggered the scrap of cars from January 1 next year and will officially cancel import quotas. According to imported car dealers, the "registration system" is likely to replace the quota system. For the impact of the new policy, imported car dealers cannot accurately predict. In order to avoid the risk, the imported car dealers who sold this year's inventory chose to wait and did not dare to import new models rashly. Therefore, the imported auto market gradually formed a period of disability. During this period of disability, prices may rise in the short term due to insufficient supply of imported vehicles. In addition to the impact of the policy, new models will increase prices. Some models will upgrade due to upgrading, and their prices will increase, while older models will also stop importing. This may lead to an increase in the price of some imported models. Lexus is an example. It is understood that in response to the repeated declines in the prices of imported cars in the Chinese market and the adjustment of brand strategy, Toyota announced that it will position Lexus as a premium car. LEXUS announced that it will introduce the Lexus 2005 version of the LS430, RX300 and IS200 to the Chinese market early next year. The revised model will be slightly modified on the original model to increase the configuration and increase the vehicle price by approximately 20%. It is reported that the price of LS430 will rise to around RMB 1 million. At the same time, the renewal of styles also made it possible for older cars to be sold at reduced prices. For example, before the arrival of the 2004 new X5 SUVs, BMW Motors required all mainland Chinese authorized agents to reduce the sales price of the old X5 SUVs to domestic distributors. Imported car prices have bottomed. The reporter learned from the Tianjin Auto Show that the offer for the BMW 760 has fallen by more than 400,000 yuan for a few months, and the BMW 730 has fallen from 980,000 in early May to the current 880,000. Since the beginning of this year, the prices of imported cars have plummeted, and the price reductions of some brands have reached 10%. Due to fierce competition, many dealers sold imported cars at low prices to return funds as soon as possible, and some dealers lost money or even went bankrupt. However, some dealers believe that the situation in which import cars of the previous two years will drastically reduce prices will no longer exist. First of all, due to strong market sentiment, the current import price has bottomed. Moreover, foreign manufacturers have increasingly stricter brand management for imported car sales, and prices have become more and more tightly controlled. Market analysts have analyzed that the prices of imported cars are already at a relatively low level. Consumers with demand can consider bargain-hunting in the recent period of time.
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