| Characteristic | Tier 1 | Tier 2 | Tier 3 and below |
|---|---|---|---|
| - | - | - | - |
| - | - | - | - |
| - | - | - | - |
| - | - | - | - |
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Source
Sources
Release date
June 2021
More information
Region
China
Survey time period
2020
Supplementary notes
One yuan equals approximately 0.15 U.S. dollars and 0.13 euros (as of August 2021).
The average purchase price of private cars with internal combustion engines in tier 1, tier 2, and tier 3 and below cities are RMB240,000, RMB180,000, and
RMB120,000, respectively.
The depreciation cost of a private car is calculated based on the life-cycle of 7 years.
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