Consumers lean towards "tax-free" vehicles

The State Ministry of Finance, the Ministry of Industry and Information Technology, and the State Administration of Taxation Circular on Saving Energy and Using New Energy Vehicles, Boats, and Vehicles Tax Policies, will generally levied half of the taxes on vehicles and boats for the purchase and use of energy-efficient passenger vehicles. (The table is for reference only)

Recently, the Ministry of Finance, the State Administration of Taxation, and the Ministry of Industry and Information Technology jointly issued notices that stipulate that since January 1 this year, taxes on vehicles and boats will be reduced by half for energy-saving vehicles and vehicles, and taxes on vehicles and boats for the use of new energy vehicles will be exempted. At the same time, the three ministries and commissions also released the first list of vehicle models for the reduction of taxes on vehicles and vehicles.

The first batch of models covers nearly 50 passenger car products of 10 joint ventures and independent brands, all of which are products with a displacement of 1.6L or less, including Volkswagen Golf, Magotan, and Laguna; General Aiweiou, Excelle; Nissan Sunshine , Tiida, Chery QQ and other hot products, and these are basically the models that have previously enjoyed a 3,000 yuan energy-saving Huimin subsidy. Affected by this favorable policy, sales of small-displacement vehicles have increased significantly. Some dealers even said that Chery QQ and other selected models have appeared to "sell out of stock".

The price of oil surged ahead of Tiger’s small displacement and the two national conferences ended. Domestic oil prices have finally risen “broken eight”, and there are still rising trends. Due to consumers' consideration of rising costs of comprehensive vehicles, small-displacement vehicles have become the first choice for many car buyers.

“At present, 80% of the models sold by the agency are all models with a displacement of less than 1.6L. Take Suzuki for example. For the past year, the vast majority of models sold are 1.6L displacement.” Shanghai Lianhai Shanghai Zhu Yangming, marketing manager of Western Auto Sales Co., Ltd., said that most people who buy a car for the first time consider models with a displacement of 1.6L or less. “If you are a car changer, you may not consider the majority of the displacement and will choose 1.8-2.0L. Even higher, but we have found that in the past year or two, many people have started to choose small-displacement cars even if they change cars, because oil prices are relatively high."

Other distributors apparently share the same feelings. Zhou Wei, sales manager of Shanghai Ruijie Automobile Sales & Service Co., Ltd., said in an interview with the Morning Post: “From the current sales situation this month, it seems that A3 and QQ have very good sales, compared with the previous month. Significantly improved.” According to her, in March, it was 20 missions that were originally booked. “But as of March 26, there have been more than 30 sets of vehicles, more than 50% of the workload.”

And Chery's A3 was selected as the first QQ to reduce the taxation of vehicle and vehicle models because "is not our store's current main sales model, last month sales of three or four units, this month as of March 26 has 8 sets of car. "Zhou Hao said. In addition, Chery's manufacturers have some online and offline related support for dealers. For example, the A3's main sports version now satisfies the current demand for car purchases.

The more rational the city develops its purchase of cars, the higher the price of oil, the smaller the number of vehicles that have become the mainstream of the market, and the gradual increase in urban car consumption.

According to Tao Hao, the general manager of the Honghao Auto Group, the urban auto consumption and urban development are inseparable. “Shanghai’s economic status determines that many new cars will choose to start in Shanghai. The development of Shanghai’s cities has brought many young people. They often choose small-displacement vehicles when they first purchase a car, which drives the sales of the models. It's remarkable."

“The sales volume of the small-displacement vehicles we represent is much higher than that of the same period of last year. For the current period from January to March, the growth momentum is very fierce. Taking Chery QQ as an example, there was a 50% increase in the same period last year.” Tao Yu said. “This year, the monthly sales volume is between 300-400 vehicles, of which QQ will account for about 1/3, while the proportion of the same period last year accounted for only about 1/4.”

Tao Hao believes that Honghao’s current sales of the single-brand Chery QQ brand have already reached the top five in the country. “This is inseparable from the development of Shanghai cities, and sales of other brands such as Mazda are also relatively good.”

Not only its own brands, the public authorized dealer of Shanghai Volkswagen's imported car dealer Wang Qi, also said that in the imported car, the Volkswagen Scirocco 1.4 sold very well.

“Our sales staff did not specifically mention the tax breaks for vehicles and boats.” Zhou Wei said, “The buyers are more and more rational now.”

While advancing the prospects of small-displacement vehicles, Zhu Yangming also cautiously stated that the increase in oil prices was “not as much as before” and that vehicle owners added an extra 100 yuan per month. At present, there is no obvious effect in the short term. After a certain period of time, the sales data of specific models can be used to make corresponding judgments on this tax reduction policy. An insider of a veteran car company in Shanghai stated that the reduction of taxes on vehicles and boats is definitely a good thing for car buyers and car owners. However, the reduction of hundreds of blocks a year is a drop in the bucket in Shanghai, and the majority of Shanghai car buyers consider the price of license plates and rising oil prices.