On February 19, 2024, BYD announced the launch of the Qin Plus Honor Edition and Destroyer 05 Glory Edition models, with prices dropped to 7From 980,000 yuan. The slogan "oil is more expensive than electricity".
Next, I found some price reductions or discounts made by some car companies in response to BYD's price cuts that are beneficial to our consumers**.
BYD: All eight Honor Edition models have adopted a strategy of reducing prices and increasing equipment, with an average starting price drop of 20,000 yuan.
Geely: During March, Xingyue L, Xingrui, Boyue, Emgrand, Binyue, Binrui, Haoyue, ICON, and Panda car series decreased by 3,000 yuan to 140,000 yuan. The price of the Panda mini dragon version is 3990,000 yuan, the right to buy a car in March includes up to 10,000 yuan in cash red envelopes, a portable charging gun, warranty and financial courtesy.
SAIC Volkswagen: Touron Family 20T models can enjoy 2,000 yuan cash voucher or 3 years worry-free maintenance**; The 2024 Touron 380TSI 4WD Premium Luxury Edition is limited to 27990,000 yuan, 2024 Tourang X 380TSI 4WD Prestige Deluxe Edition limited time ***2650,000 yuan.
Feifan F7: Launched a limited-time car purchase preferential policy in March, and the price of Feifan F7 advanced version, advanced Pro version, long-term continuation Pro version, and performance Pro version was reduced by 250,000-30,000 yuan, as well as a free upgrade comfort package, lifetime free use of the Rising Pilot fully integrated high-end intelligent driving system software package worth 30,000 yuan, as well as financial and traffic courtesy.
Changan Qiyuan: The starting price of the Qiyuan Q05 125km long-range version model is 13190,000 yuan to 9690,000 yuan.
Changan Automobile: The maximum discount for the Changan Lumin model of the micro electric vehicle is 120,000 yuan, all models can enjoy 0 interest financial gifts.
Chery Group: Launched the "10 Billion Subsidy Replacement Season" activity, covering Chery, Xingtu, Jietu and ICAR, and the trade-in subsidy was up to 40,000 yuan. Some models have launched limited-time discounts, with the highest comprehensive discount range reaching 190,000 yuan.
Zhiji LS6: Launched the "Spring Limited Time Car Purchase Rights", from now until March 31, you can enjoy "cash discount gift + additional purchase gift + luxury additional allocation gift", to ** value 5780,000 yuan.
Cadillac: CT5's ** plummeted by 70,000 from 28970,000 down to 21970 thousand.
Mercedes-Benz: The price of new energy vehicles has been greatly reduced, and the Mercedes-Benz EQS has dropped by up to 350,000.
After BYD's price cuts, major car companies have followed suit, and about 100,000 sedans and SUVs will usher in a wave of price reductions, and those who need to buy cars can consider it at their discretion.