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Hongqi Guoli (formerly L5) becomes single most expensive Chinese export – RM6.5mil for a used car!

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Hongqi Guoli (formerly L5) becomes single most expensive Chinese export – RM6.5mil for a used car!

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A used Hongqi L5, also known as the Guoli, has reportedly been exported from China to the UAE for a record-breaking 11 million yuan (RM6.5 million), making it the most expensive Chinese car export ever. Purchased by Stanislav Semenov, CEO of Eqvilent, the customized Lanting Yayun version surpasses the standard model's 7.18 million yuan price tag. This ultra-luxury vehicle, previously favored by Chinese president Xi Jinping, rivals the Rolls-Royce Phantom Extended in size and features a retro design.

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