Tag: used car market

used car market

Latest News

Old Teslas now cost more than new ones as FSD shakes up Korea’s used car market

U.S.-built Teslas eligible for Full Self-Driving are commanding premiums over newer Chinese-made models that were shut out of the software rollout.

2026.9.7

Hyundai Motor Certified Used-Car Refurbishment Center in Yangsan, South Gyeongsang [YONHAP]

Gov't to lift restrictions on big corporations' used-car market shares

The government will lift restrictions on the used-car market share of large corporations starting next month, opening the door to a major realignment in the industry.

2025.4.27

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Kia announced on Monday it will enter Korea's used car market. [KIA]

Kia plans to take on the used car market

Kia will enter Korea’s used car market, the company announced Monday, after regulations that limited the industry to only small businesses was lifted early this year.

2022.4.18

Big carmakers want to sell you a used car

Korean automakers said Thursday they will enter the used car market next year, after taking a wait-and-see approach in the three years since a regulation prohibiting them from dealing in secondhand rides expired.

2021.12.23

A lot is packed with secondhand cars located in Seongdong District in eastern Seoul on June 13. [NEWS1]

[NEWS IN FOCUS] Used car economics turned on its head due to chip shortage

The first rule of the auto market is that a car depreciates instantly when you drive it off the lot.

2021.6.23

Tag: used car market

used car market

Latest News

Old Teslas now cost more than new ones as FSD shakes up Korea’s used car market

Gov't to lift restrictions on big corporations' used-car market shares

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Kia plans to take on the used car market

Big carmakers want to sell you a used car

[NEWS IN FOCUS] Used car economics turned on its head due to chip shortage