AutoBeta(AutoBeta.net)11/19 Report--

A red flag L5 on Ali's judicial auction platform was officially auctioned today, starting at 2.85 million yuan. So far, four people have signed up for bidding, and the final winner will be determined until the judicial auction ends at 10:00 on November 22nd.

According to the auction information, the red flag L5 of the Shanghai A license plate was auctioned by the Shanghai Putuo District people's Court on the platform. The brand model CA7600A, which was first used in June 2015, shows unknown mileage, no license, no transfer of nationality, vehicle registration certificate, driving license, no purchase license and a key, and the vehicle is valued at 4.067 million yuan.

Auctioneers are required to pay a deposit of 280000 yuan in advance, with a starting price of 2.85 million yuan, with a price increase of 10, 000 yuan and multiple each time. So far, 4 people have signed up and bid, and the current price is 3.01 million yuan.

The red flag L5 model auctioned on the platform is covered with thick dust and must be full of stories behind it.

The status of the Red Flag L5 is very special, which is more noble and rarer in the eyes of the Chinese people than top luxury cars such as Rolls-Royce. It is said that FAW strictly examines the identity of Red Flag L5 buyers and adopts a limited production method, resulting in a small number of private ownership in the country.

Data show that the Hongqi L5 has sold more than 100 units to individuals nationwide. China FAW launched the Hongqi L5 customized model at the end of 2017 and will officially stop production after producing 100 customized models. At present, the known owners of the customized version of Red Flag L5 are Mr. Cao Dewang, a famous entrepreneur, and Jin Dong, a famous actor, who is also the spokesman of the Red Flag brand.

The price of the new Red Flag L5 is as high as 6 million yuan, so the starting price of 2.85 million is not outrageous, but the auction price can reflect the final value of the Red Flag L5.

Red Flag L5 is based on the success of Red Flag Inspection car project in 2009, China FAW officially launched Red Flag L platform product development and production preparation to create a 100% independent intellectual property luxury large scale. Red Flag L5 is made by hand, its shape continues the design of the classic Red Flag CA770, the appearance inherits many classic elements, and the internal equipment is luxurious, such as the door handle is inlaid with very valuable Kunlun jade. The civilian version of the L5 has a mass of 3.1 tons, while the L5 guest version is equipped with bulletproof armor, so it has a mass of more than 4 tons. The power is equipped with a 6.0L V 12-cylinder all-aluminum engine codenamed CA12GV60-01, with a maximum output of 408hp (300kW) and a peak torque of 550Nm, which is matched by a six-speed manual integrated transmission and a full-time intelligent four-wheel drive system.

Last year, a Red Flag L5 with a Beijing Q license was auctioned, with a starting price of 2.528 million yuan. After 80 bids and bids by five people, it was finally sold for 4.5 million yuan.

People who buy the Red Flag L5 must have a passion for this car, and it is also a status symbol. Even if you buy it for collection, it is also a good thing. Of course, if you drive the car out, you should be equipped with a full-time driver.

As the privately owned red flag L5 is not much, it highlights the scarcity of the car. We will wait and see what the final price of the auction will be.

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