Hello, 2022 | Guazi used car Wang Xiaoyu: using innovation to promote the development of the used car industry

In 2021, the automobile consumer market picked up, and the domestic second-hand car market also grew rapidly, becoming a bright spot in the Chinese auto market in 2021.

With a series of favorable releases such as the tax reduction of used cars and the full implementation of the "inter-provincial general office", the introduction of many policies will surely promote the mainland used car market to enter a new stage of development. The opening of the circulation policy blockage point makes the e-commerce platform play an increasingly important role as the industrial infrastructure for the national circulation of second-hand cars.

At the beginning of the new year, Red Star News "Hello, 2022" special dialogue with Guazi used car co-founder, SVP Wang Xiaoyu, on the 2022 industry trends, corporate vision, social responsibility and other aspects of his views.

Red Star News: With the large-scale construction of new digital infrastructure, the integration and application of new technologies such as 5G, artificial intelligence, and blockchain are deepening, looking forward to 2022, what trend will your industry develop?

Wang Xiaoyu: In 2021, many ministries and commissions of the state have launched a number of policies to facilitate the circulation of second-hand cars, such as the comprehensive cancellation of relocation restrictions, the electronic handling of off-site transfers, and the reduction of sales value-added tax. In 2022, the online migration of used car transactions and consumption will further accelerate.

The e-commerce consumer experience solves the trust problem that plagues the used car industry. The full supply of online car sources gives consumers the space to compare prices, and the price of the car also returns to value, making online used cars more cost-effective, and more and more consumers will choose to buy used cars online in the future.

We believe that with the smooth flow of circulation links, the convenience and cost-effectiveness of online car purchase, China's used car market will maintain sustained and rapid growth, and will surpass the United States to become the world's largest used car market in the future.

Red Star News: At the beginning of the new year, everyone is making flags for the year. What are your goals for this year?

Wang Xiaoyu: In 2022, Guazi used cars will continue to focus on user experience and customer value, continuously improve industrial infrastructure through technological innovation, and create a digital used car trading and service ecosystem. We will assist car dealers to sell used cars to all parts of the country online, so that consumers in third-, fourth- and fifth-tier cities can buy cost-effective second-hand cars in the country.

Red Star News: In the process of achieving personal goals and corporate goals, how to fulfill social responsibility has become the focus, and how do you do it?

Wang Xiaoyu: Affected by the epidemic, consumers are not willing to go to the offline second-hand car market to see cars and buy cars. Guazi used cars help car dealers sell online, give full play to the characteristics of e-commerce platforms covering the whole country, sell vehicles to all parts of the country, accelerate circulation, reduce inventory, alleviate the impact of the epidemic, and sell vehicles as far as Urumqi to Xiamen, up to 4100 kilometers. Guazi Second Driver also provides supply chain finance and insurance for car dealers to help them alleviate the shortage of funds and promote the recovery of the industry.

At the same time, Guazi used cars have been promoting the upgrading of industry after-sales guarantee service standards, so that domestic consumers can buy used cars online with confidence. In November 2021, Guazi Used Car also invited a number of media units to supervise the 7-day no-reason return service covering the whole platform. This adds a social supervision "insurance" to the 7-day no-reason car return service, so that consumers can buy a car with more peace of mind and avoid worries.

Red Star News reporter Yan Dan

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