Sunday, March 31, 2013

Automobile market old going "churn"?


- Is the fee decrease sharply with time making the old car market "churn".From 1/4, the registration fee for cars with less than 10 seats from the second registration will only be 2% instead of the current 12%. According to the Government Decree 23, the fee will be applied uniformly across the country.
This can be considered as a great news for consumers who are in need or are only eligible to purchase used cars. And whether fee reductions fairly strong, making the old car market future "churn"?
A day after the new decree was published, the number of customers present at the salon, business center, old cars has increased significantly compared to before. In particular, many people when asked have said that demand is real and just found the car, reasonable price "procession" car.
Present at the Hung Cuong Auto on Nguyen Van Cu (Hanoi) in the afternoon of 27/3, Mr. Hoai Nam, officials of a social science research institute, said he was looking forward to registration decision to reduce car for quite some time. "After reading the information in the newspaper, I was walking around the car center to learn, to see the price. Saved tens of years to be 400 million, buying used car may be the most reasonable. Find the car is I buy for family and work demands also desperately needed, "he shared Nam.
Trung Thang, salon owners Hung Cuong Auto, said the number of tourists to see the car in 27/3 increases if compared with a month ago. He said that one of the reasons why many customers have the rush because they were impatient with the decision to reduce fees. However, the current number of vehicles used is not much due to previous business, the salon was forced to sell off to recover capital, especially the small salon. "So, customers should also consider, think carefully before you buy to avoid wrong decision hastily," Thang said.
Also follow him Thang, most of the business center car are moderately sized. His salon, normal size of about 30 cars, but now has only 10 vehicles to provide customers, the price ranging from 400 million to 2 billion / unit. Therefore, if the real purchasing power as large as expected, the next time the market will be very busy by the center to "spread" went out and import sourcing.
Ha Minh Tuan, General Director system cars old AnyCar, also general comments that are sure the used car market future will prosper by "pushing" registration.
According to Tuan, the rates decreased, old automobile consumers would save huge sums. The fact is that the demand for used cars is not small. Because these items very suitable for first-time car buyers, who can not really economic abundance or those who want to use high-end car for less money than a new car.
According to a survey of reporters, the supply of used vehicles in Hanoi is not much. Cause by then long bleak period, most of the lounge car with large scale capital should have been forced to "liberate". The owner of a center in Cau Giay even expressed regret was not able to wait until the fee reduced. "Now, see the" capital markets "are so important. A number of us can say that the lost opportunity by not afford to maintain so far. Chang least a few large enterprises, they thick bank loan and also easy, "he confided.
Flourishes are sure, still flourishes to where not auto clear by the fact that the purchasing power of the people at this point is not appreciated by the context of the general economic difficulties. Automobile business also admits the possibility of increasing the price if the market heats up. On the one hand caused by the some salon revaluation, on the other hand causes input prices also increased by using bus transportation needs of the market.

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