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5.3 million RMB was sold, and the price of Hongqi L5 judicial auction skyrocketed.

2024-09-17 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)11/23 Report--

The Red Flag L5, which is "not necessarily bought with money", has very low production and strict identity verification, resulting in a small amount of ownership in the private market, and some buyers who are interested in it can only have it through other ways. A few days ago, the red flag L5 of a Shanghai A license plate was auctioned by the court on the Internet, with a starting price of 2.85 million yuan. After four days of auction, a total of 9 buyers bid, and the final price was 5.3 million yuan, a record high price!

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According to the auction information, the red flag L5 of the Shanghai A license plate was publicly auctioned by the Shanghai Putuo District people's Court on the Ali judicial auction platform. The brand model CA7600A, black, and displacement 5985ml 300kw. It was first used in June 2015, showing unknown mileage, no license, no transfer of nationality, vehicle registration certificate, driving license, no purchase license and a key. The court valued the vehicle at 4.067 million yuan.

According to the auction rules, the starting price of the car is 2.85 million yuan, and the auctioneer has to pay a deposit of 280000 yuan in advance.

After a total of 74 bids submitted by nine buyers, the final price of the Red Flag L5 was 5.3 million yuan, 2.45 million yuan higher than the starting price and 1.233 million yuan higher than the evaluation of the car.

A buyer named Q1539 suddenly bid 5 million at 16:00 on Nov. 20, 1.3 million yuan higher than the previous buyer, and there was no bid for the day and a half since, according to bidding records. In the last ten minutes of the auction, a number of buyers bid in turn, and the buyer of C3930 finally won the car with 5.3 million yuan and became the owner of Red Flag L5.

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The red flag L5 is auctioned by the court, the car is also parked in the court, the car body is covered with thick dust, it can be expected that the parking time is old, it must be full of stories.

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Red Flag L5 has a very special status in the eyes of the Chinese people. it is a national leader's car and a state guest car, with an irreplaceable status, so it is more noble and rarer in the eyes of the Chinese people than top luxury cars such as Rolls-Royce and Bentley.

Data show that the Red Flag L5 has sold more than 100 units to individuals nationwide. FAW of China publicly launched the customized version of the Red Flag L5 at the end of 2017, and plans to stop production after a limited production of 100 customized versions. About a year ago, it is said that the number of bookings has exceeded half, and it is unknown whether it has been sold out. At present, the known owners of the customized version of the Red Flag L5 are Mr. Cao Dewang, a famous entrepreneur, and Jin Dong, a famous actor, who is also the official spokesman of the Red Flag brand.

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The official guiding price of the Red Flag L5 is 5 million yuan, and the price of the customized version is 6 million yuan. Red Flag L5 is a luxury sedan with 100% independent intellectual property rights built after China FAW officially launched the product development and production preparation of Red Flag L platform after the success of Red Flag Inspection car project in 2009. 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 Hongqi L5 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.

Red Flag L5 shows the scarcity of the car because it does not have much private ownership. Buyers of the Red Flag L5 must have a passion for this car, even if it is bought and collected, of course, if the car is driven out, it should be equipped with a full-time driver.

Is 5.3 million worth it? This question is actually irrational, because the red flag L5 is a symbol of status and status, which is enough.

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