Chapter 184 Shocks in the Used Car Industry



Anyone who has bought a used car will feel that it is really a rip-off and it is all about luck.

It would be fine if the used car dealer is just trying to cheat you out of your money. There is nothing wrong with the car, but he is just asking for a high price.

What I fear most is that the car has problems and still costs a high price. What a complete injustice.

For the entire used car industry, there are several models worth mentioning.

The first is the C2C model, which allows individual transactions to be conducted through one's own car dealership or platform, but a certain handling fee is charged. The platform provides integrated services of evaluation, review, and delivery.

However, in many cases, this model involves second-hand car dealers who act as the C-end and sell the cars to consumers at high prices.

The second is the B2C model, in which used car dealers cooperate with the Si'son Store, which provides the vehicles for sale and then provides online display, quality inspection, finance, insurance and other services.

This model is definitely very expensive, so many people don’t like this model and are unwilling to be left behind.

The third model is the B2B model, which is a collaboration between used car dealers and used car brokers, providing corresponding car sources, investigations, valuations, inspections and other services.

The meaning is very simple, that is, the third-party dealer asks for information, and then submits the application to the used car dealer when the customer wants to see the car.

However, the above three models have very high profits and no one is willing to let go, so it is impossible to sell at a low price.

As soon as Mr. Qiu launched the Baofu used car trading platform interface, it caused a stir in the used car industry.

Zhu Bajie, the chairman of the Used Car Association, crossed his legs and answered calls from other car dealers.

Because as mentioned before, everyone has their own sales channels and does not take me as the president seriously at all. Sometimes when there are meetings, I am always absent.

Because the association is too weak, we can't mobilize them at all, and they don't have any power, so they feel a little frustrated.

Zhu Bajie also runs a car dealership, which is quite standard and can be considered as an honest business.

He is a relatively upright person. When he sees other colleagues making money through those means, he is of course jealous, but he is unwilling to do so.

Let others do their own thing, and you do your own thing.

But deep down, he still hopes that the used car industry can have a more positive atmosphere. Many consumers now have prejudices against used car dealers.

His colleagues are sometimes very outrageous. After cheating people, they change their signboards, move to other locations, and continue to do business.

He once tried to stop it, but was warned and told whether he still wanted to do the job as the president of the association, so he could only endure it.

This time, Mr. Qiu showed up. He didn't expect that the Baofu used car platform would be so aggressive.

First of all, in terms of fees, used car dealers must absolutely collect a deposit, and it is based on the qualifications of the transaction model.

Simply put, if you are dealing with a car model priced below 100,000 yuan, you only need to get a deposit of 100,000 yuan.

If you are dealing with a million-dollar car model, you have to pay a million-dollar deposit.

Wow, this rule is really amazing and very harsh.

In addition, consumers also need to pay a deposit, one is the basic deposit of the Baofu account, and the other is the full payment when purchasing the car model.

In other words, the Baofu used car platform also acted as a transaction point and collected deposits from both parties.

If any problem arises, Baofu’s used car department will come forward to resolve it. If it is the car dealer’s fault, the money will be directly deducted and returned to the consumer.

If a problem arises with a consumer, Baofu Used Cars will also be responsible for resolving it and providing a guarantee for the car dealer, and legal action can be taken when necessary.

Zhu Bajie thought about this model and decided that Baofu Group would provide a guarantee and there would be no need to worry about other problems. If consumers cheated, Baofu Group would hold them accountable.

If it is your car dealer who is cheating, then the Baofu Group will do the same thing, compensate the consumers, and then slowly fight with you.

Anyway, they are all companies and platforms, so just spend as much as you want and no one is afraid of anyone.

Yes, Zhu Bajie saw this feeling from these regulations, so he said that Baofu used cars are very powerful.

I just received a call from a colleague, saying that it was the Baofu used car platform that was trying to disrupt the situation, and we must resist it.

However, Zhu Bajie did not respond to these words. It was he who suggested to Mr. Qiu to create this platform. Why was he opposing it now?

What's more, I operate in compliance with the law and have never cheated consumers. This has nothing to do with me.

And I must enter this platform myself. It can also highlight my Bajie Car Dealership, which is truly a trustworthy car dealership.

After saying that, he called the person in charge of Baofu used cars there to discuss the matter of moving in.

The explanation over there is very simple. You can apply directly on the Baofu Takeaway background. The process is the same for merchants and ordinary users. It is very simple. Just upload what needs to be uploaded.

Zhu Bajie did not act like a big shot. He entered Baofu Used Car Store normally and became one of the car dealers.

Because he was working on a car model priced around 200,000 yuan, he paid a deposit of 200,000 yuan, but he didn't feel bad at all.

If you want to try something new, don’t be afraid to invest. You can get your money back, so why be afraid?

Are you worried that Mr. Qiu won’t give you the money? Does Mr. Qiu need this little money from you?

If Mr. Qiu heard this, he would definitely retort, "I'm short of money, okay? I don't have any money at all right now."

...

Other car dealerships refreshed the Baofu used car interface and found that Bajie Car Dealership had moved in.

This..., what's going on, the president of the Used Car Association has already taken care of it.

A phone call was made and the call went through: "Old Zhu, what's wrong with you? Why did you join the platform? Didn't you agree to boycott the Baofu platform?"

Zhu Bajie listened to the tone of others and dared to question him, and his tone also became unfriendly.

"I never agreed to this. This is a free policy. You can boycott, and I can join in."

The other side was so angry, "But you are the president of the Used Car Association."

Zhu Bajie thought it was a little funny, "Now I remember that I'm the president, so why haven't I seen you attend the meeting?"

"Okay, that's it for now, I have something to do."

After saying that, he hung up the phone.

The person on the other end slammed the phone and said, "This thing is clearly working against us."

It turns out that this person is Tai Ge’s friend from last time, named Tai Kula.

Taikula also made his fortune by cheating his customers. If he were asked to do business seriously, he would not be able to do it.

Because the profit is too little, there is no interest at all.

When you make too much quick money, you no longer care about small amounts of money.

Taikula set up a group to boycott the Baofu used car platform. The purpose was to isolate the Baofu Group and let them play on their own.

Without a source of cars, what can you do? Just wait for bankruptcy.

After all, in his opinion, the source of cars is everything. Only with the source of cars can there be a market, and the used car dealers should have the highest say.

The price is what I say.

If you don’t want to buy it, fine, go to another store, it’s still the same price.

Don’t you want to buy it too?

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