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Wuling Motors surprised the US government assets auction network, with a starting price of $500.

2024-09-08 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)09/23 Report--

Mention Wuling everyone knows that this is a domestic brand with an important position in China. It is famous for its low-end market and has the name of "God Car". A few days ago, auction information for two domestic Wuling cars was found on the US government and military asset auction website.

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According to the GovPlanet page of the US government and military asset auction website, two domestic Wuling cars will be auctioned at noon local time on the 23rd. One of them is the first Wuling car, and the other is the 2014 Wuling Light model.

Although the difference between the two models is large, according to the website information, both models start at $500, and each bid range shall not be less than $50. At present, the two vehicles are stored in Texas and Washington respectively, and the mileage of one of them is 50,000 kilometers.

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Also, in the auction description, officials stated that if the vehicle is successfully auctioned, taxes will be paid, such as the Texas sales tax of 6.25% and the service tax of 15%. At a transaction price of $500, that means the vehicle pays at least $606.

Compared with second-hand vehicles on domestic second-hand car platforms, GovPlanet provides more information on second-hand cars. The latter took as many as 58 pictures of a single model, which can be seen that the model still maintains a good color. The same is true of another early Wuling, with 78 detailed pictures, including all details of the vehicle.

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Even though the introduction page of the website lists the technical parameters and related information of the product in detail, it does not explain what the previous owners of the two models are from the United States.

According to the data, the "GovPlanet" website is operated by the famous asset management and auctioneer Lee Brothers Group, which specializes in selling second-hand assets of the US government and the military. Since the US military and some US government departments have units stationed overseas, many of them specialize in selling old US official goods overseas.

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SAIC-GM-Wuling is a large-scale Sino-foreign joint venture automobile company jointly established by Shanghai Automobile Group, Liuzhou Wuling Automobile and General Motors (China). Its predecessor was Liuzhou Automobile Power Machinery Factory established in 1958.

According to the August production and sales data released by SAIC Group, the overall sales volume of SAIC GM Wuling reached 148,000 vehicles in August, up 17% year-on-year. This is since April this year, SAIC GM Wuling has achieved year-on-year growth in sales for five consecutive months.

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