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Started By
Message
re: China is faking its BYD sales by marking them as sold and selling used cars with 0 miles
Posted on 5/28/25 at 4:49 pm to RaoulDuke504
Posted on 5/28/25 at 4:49 pm to RaoulDuke504
Are they actually sold, to a real buyer, and revenue reflected per IFRS?
Presume, “faking sales” means reflecting revenue when should not be. Otherwise, Not clear what is so wrong here.
Presume, “faking sales” means reflecting revenue when should not be. Otherwise, Not clear what is so wrong here.
0
Posted on 5/28/25 at 5:48 pm to Landmass
quote:
If a dealership goes out of business and the cars on the lot are sold off to another dealer, they have to be listed as used because they were already sold once. Mileage has nothing to do with used or not used.
Or last year's model which is when I bought a 1980 Cutlass Brougham 1981. Best phucking car I ever owned. Every time I changed the oil it looked like it had just come out of the can even after 10,000 miles from last change. Small V8 fo those days, 4.3. Unfortunately when negotiating the price my now ex wife said that the color matched her purse. I had gotten it down but feel certain he could have knocked at least a few more hundred off the price.
Posted on 5/28/25 at 5:51 pm to Shexter
quote:
Dongfeng
Ain't nobody in Louisiana gunna drive a car called a Dongfeng, baw.
Some might just for the jokes
Posted on 5/28/25 at 5:55 pm to Shexter
Wuhan. Hmmmmm.
Posted on 5/28/25 at 6:05 pm to LSUSkip
Didn't Dodge/Chrysler/Plymouth get in trouble in the early 90s for rolling back mileage on cars they provided to execs and selling them as new? I think there were even some that were wrecked, repaired, rolled back and sold as new.
Pretty sure they did. Pretty sure we ended up with one. Absolutely positive we will never buy another of their products.
Pretty sure they did. Pretty sure we ended up with one. Absolutely positive we will never buy another of their products.
Posted on 5/28/25 at 6:32 pm to jmarto1
quote:
I think this is how they are trying to deal with tesla in some fashion
I think it has absolutely nothing to do with Tesla.
Posted on 5/28/25 at 6:58 pm to JohnnyKilroy
quote:
There's no way that's true.
I bought a car in this exact scenario. It was never owned by a customer only a dealer to dealer sale.
Posted on 5/28/25 at 8:22 pm to OweO
quote:
I think this is how they are trying to deal with tesla in some fashion
I think it has absolutely nothing to do with Tesla.
Yeah actually it does. "Beating" Tesla is major gunaxi ("face") in China, not to mention global PR for a brand with global ambitions. They may also be selling carbon credits on the international markets in some way,
Posted on 5/28/25 at 9:18 pm to RaoulDuke504
Are these good cars? I see a lot of people say that they are best e cars ?
I am
Skeptical
I am
Skeptical
Posted on 5/28/25 at 9:21 pm to RaoulDuke504
But John "Chyna" Barron told us BYD is crushing it 
Posted on 5/28/25 at 10:59 pm to notsince98
quote:huh.
I think this can only be done when an insurance claim has been made on a car that was sitting on the lot. It hasn't been driven but since there was an insurance incident it can't be sold as new. Hail damage is very common for this.
TYVM. Never even considered that
Posted on 5/29/25 at 2:16 pm to LSUBanker
A lot of cars are put in service by a dealership as part of their rental fleet. Once they are rotated out, they are still sold as new with a few thousand miles on em and a good discount. The MSO was never put in a customers name, so still a new car.
Posted on 5/29/25 at 2:17 pm to RaoulDuke504
Noted truth teller China being dishonest
Shocker
Shocker
Posted on 5/29/25 at 3:18 pm to TigerHornII
quote:
Yeah actually it does. "Beating" Tesla is major gunaxi ("face") in China, not to mention global PR for a brand with global ambitions. They may also be selling carbon credits on the international markets in some way,
Someone gets it
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