Tag: Used car

Used car

Latest News

Korea to outlaw hidden fees in used car sales

Starting next year, used car dealers must disclose all fees in online listings as well as provide stronger refund and repair protections for buyers.

2026.8.6

In Korea's car export capital, free parking lots are a graveyard for abandoned vehicles

Beneath the glittering futurism of Incheon's Songdo, dusty cars clog free public parking spaces, some awaiting shipment overseas, others simply deserted — and one containing a body.

2026.6.15

Most popular

Vehicles are parked at a used car trading complex in Daejeon on March 13 as rising gasoline and diesel prices due to the Middle East conflict weigh on the used car market. [NEWS1]

Used car exports stall as Middle East conflict sends shipping costs soaring

Korea's used car exports to the Middle East have been virtually paralyzed for two months as the Strait of Hormuz blockade sends shipping costs soaring, leaving thousands of vehicles stranded at the country's largest export hub.

2026.5.10

An AI-generated image of an illegal car sale [CHATGPT]

Two foreign nationals busted for illegally selling used cars to undocumented migrants

Two foreign nationals have been caught illegally selling hundreds of used cars to undocumented migrants in Korea, authorities said Wednesday, in a case that highlights a growing underground market targeting vulnerable foreign residents.

2026.4.23

Used cars are tightly packed at a secondhand-car export complex in Yeonsu District, Incheon, on March 8 as exports to the Middle East, the region that accounts for roughly one-third of Korea’s total used-car exports, face disruptions amid the ongoing U.S-Iran war. [YONHAP]

Traffic jam

2026.3.8

Cars damaged by a flood in Paju, Gyeonggi [NEWS1]

Making it rain or flooding the market? Bill on water-damaged cars sparks debate.

A bill on the export of water-damaged cars has sparked concerns that the vehicles may simply be resold in the Korean market to the detriment of consumers.

2025.1.30

Hyundai Motor employees inspect used cars on a total of 272 evaluation items at a center in Yangsan, South Gyeongsang, Thursday. [HYUNDAI MOTOR]

Goodbye lemons: Hyundai, Genesis to sell certified used cars

Hyundai Motor is entering the used car market, aiming to eliminate scams and old stereotypes. The company evaluates cars through nearly 300 quality test items and offers repairs, allowing buyers to purchase used cars that look and feel new.

2023.10.19

Vehicles are parked at a used-car market in Seongdong District, eastern Seoul, on Jan. 11. [NEWS1]

Korea's exports of used vehicles to Russia skyrocket by 1,163% last year

Korea's used vehicle exports to Russia skyrocketed by 1,163 percent last year as new car releases are banned amid the ongoing war in Ukraine.

2023.2.13

Vehicles are parked at the Janganpyeong used-car market in Seoul on Thursday as used-car prices continue to fall. [YONHAP]

Used car prices fall, deliveries get speedier

Inflation, low consumer confidence and high interest rates are clouding prospects for Korea's auto industry, leading to a decrease in used-car prices but faster car deliveries.

2023.1.6

Pick-a-car

Vehicles are parked at the Janganpyeong used-car market in eastern Seoul on Thursday as used-car prices continue to fall due to the economic downturn and higher rates. [YONHAP]

2023.1.5