Engine Warning Light

[covidcommander]

To my knowledge, there is only one Chevrolet Corvette Z06 in China, with an out-the-door price of approximately 4 million RMB (about 548,000 USD at today’s exchange rate). Currently, the mainstream automotive market in China is dominated by new energy vehicles (hybrids, pure electric cars, etc.), which has made high horsepower more accessible in the local market. For instance, the Xiaomi SU7 Ultra already boasts an impressive 1,548 horsepower and is priced at just 530,000 RMB (around 73,000 USD).

Impressive amount of horsepowers

 

[Fullinsurance-semitrailer]

Post some pics of the ride. Awesome choice for a car. Was it hard to get? Imagine they are really rare there

Yes, muscle cars are pretty niche in China, but through parallel importers you can find Redeyes, SS , Demons, even Hennessey-tuned beasts and Dodge Charger Hellcats. I’d guess the total number of Challenger Hellcat variants probably doesn’t exceed 300 units nationwide - relatively rare compared to exotics like Ferraris/Lambos/McLarens.

 

[1971demon]

Regarding imported vehicles specifically, the primary cause of inflated pricing lies in China's progressive consumption tax structure. The government imposes a 40% consumption tax on imported cars with engine displacements exceeding 4.0 liters, whereas vehicles in the 2.5L-3.0L range are subject to only 12% consumption tax.

Wow...40%...on top of everything else...And we think we are getting taxed to death over here...yikes,,,glad I'm not you...(nothing personal..I wouldn't wanna be any body else on the planet either)...

 

[Fullinsurance-semitrailer]

Wow...40%...on top of everything else...And we think we are getting taxed to death over here...yikes,,,glad I'm not you...(nothing personal..I wouldn't wanna be any body else on the planet either)...

Paying for passion is worth it, and I’m fortunate to have gotten my hands on this Last Call.

 

[John G.]

The government imposes a 40% consumption tax on imported cars

Exactly my point. The US doesn't charge that on imported cars.