Buying a Car in China

Although the traffic might be a bit scary in China and· QQ
public transport is readily available, many foreigners· BYD
that are living in China consider buying a car,Used car market
sometimes for the freedom you can have through it,In almost every Chinese city there is at least one used
sometimes to avoid overcrowded public transport.car market. It is usually located in the suburbs. This is
Buying a foreign car manufactured in Chinathe place to shop for used cars. Individual car sales as
A lot of the famous international brands also producepopular in western countries are less common.
cars for the local market in China. Here you will getBring a car to China
good quality for a price considerably lower as in theBringing your own car to China is not impossible but
country of origin. Be aware that the models are usuallycan be a big hassle. To import a car you need to have
a bit adapted to the local market and are not alwaysan import license. An import license however can only
the newest.be obtained through a car purchase office which is
Examples:usually more interested in selling you a car rather than
· Beijing Jeephelping you to import your own car.
· Shanghai VolkswagenFinancing
Buying a Chinese carIf you buy a new car in China you usually pay in cash.
Chinese cars are very cheap compared toFinancing was never heard of a few years ago,
international models but are definitively not state of thenowadays you can get financing in a few places. As a
art in security, quality and other aspects. But Chineseforeigner you have to show your residence permit and
manufacturers are improving fast. You can alreadywork visa for that. The down payment is usually at
find acceptable quality for a very low price.least 40%.
Examples: