Xiaomi YU7 used cars are here.
In June this year, Xiaomi's new car YU7 exploded the car market as soon as it was launched on the market, with 200,000 orders placed in 3 minutes and 248,000 orders locked in 18 hours, setting a small record in the domestic automobile industry.
In this hot scene, Xiaomi YU7 is currently in short supply, and the estimated delivery time is more than half a year or even more than a year. Xiaomi APP shows that the current estimated delivery time for the standard version is 57-60 weeks, the Pro version is 49-52 weeks, and the Max version is 41-44 weeks.
The picture shows the standard version. Estimated delivery time: 57-60 weeks
Just half a month after Xiaomi delivered the first batch of Xiaomi YU7 cars on July 6, a batch of second-hand Xiaomi YU7 MAX cars have appeared on the market.
Second-hand car premium tens of thousands of yuan
On June 30, He Xiaopeng, CEO of Xpeng Motors, wrote that he had placed an order for Xiaomi YU7 and hoped that Lei Jun could deliver it as soon as possible.
Due to the continued popularity of the new car and the long delivery time, as some Xiaomi YU7s have been delivered, a batch of second-hand Xiaomi YU7s have appeared on the market, with a premium of tens of thousands of yuan. The first batch of new Xiaomi YU7s was just delivered on July 6, which means that the purchase time of these second-hand cars is no more than half a month at most.
The Dongchedi mini program shows that there are currently about 78 Xiaomi YU7 "2025 ultra-long-range high-performance four-wheel drive MAX version" on sale nationwide.
In terms of selling price, the lowest price of this batch of used cars is 362,900 yuan per vehicle, and the highest price is 396,800 yuan per vehicle.
It is worth noting that the starting price of the Xiaomi YU7 MAX version is only 329,900 yuan per vehicle. Even if the owner has some optional features, the price of this batch of second-hand Xiaomi YU7 MAX is still tens of thousands of yuan higher.
The same situation happened when Xiaomi SU7 was first launched on the market. Many people chose to buy used cars at a premium in order to get the car as soon as possible.
In fact, this phenomenon has previously mainly occurred in the field of electronic products. For example, every time Apple released a new mobile phone in the past few years, scalpers would resell the new phones to make a profit from the difference. Domestic products such as Huawei have also experienced this phenomenon in some products.
In addition to used cars, there are also many cases of reselling Xiaomi YU7 orders on some second-hand platforms. At present, some orders close to delivery are also being transferred at a higher price, with the price increase ranging from thousands to tens of thousands of yuan. Securities Times reporters saw on the platform that a Xiaomi YU7 standard version expected to be delivered in 4 to 7 weeks was marked up by more than 16,000 yuan.
New cars may be banned from transfer within 6 months
It is worth noting that the transfer of used cars, which are almost new cars or even new cars in a sense, may be prohibited.
On July 19, the official media of the China Association of Automobile Manufacturers, Auto Zongheng, revealed in an article published on its WeChat public account that the Ministry of Industry and Information Technology plans to implement a policy of "prohibiting the transfer of new cars to second-hand cars within 6 months after registration" to block arbitrage space at the source.
Screenshot of WeChat article content
As Xiaomi Automobile continues to be popular, Xiaomi Group's corporate performance is also rising steadily. In the first quarter of this year, the group's revenue and profit once again hit a record high. In the first quarter of 2025, Xiaomi Group's total revenue was RMB 111.3 billion, a year-on-year increase of 47.4%; the group's adjusted net profit was RMB 10.7 billion, a year-on-year increase of 64.5%.
In the first quarter of 2025, Xiaomi Group's smart electric vehicles and AI and other innovative business divisions had a total revenue of RMB 18.6 billion, of which smart electric vehicles had a revenue of RMB 18.1 billion and other related businesses had a revenue of RMB 500 million. In this quarter, the gross profit margin of the smart electric vehicles and AI and other innovative business divisions was 23.2%. In the first quarter of 2025, Xiaomi Group's smart electric vehicles and AI and other innovative business divisions had an operating loss of RMB 500 million.
In addition, as of March 31, 2025, Xiaomi Group has opened 235 car sales stores in 65 cities in my country.
(Original title: More expensive than a new car, nearly 80 second-hand Xiaomi YU7 cars are on sale! The Ministry of Industry and Information Technology may introduce new regulations: new cars are prohibited from being transferred within 6 months after registration)
