2,500 Chinese cars sold for as little as $4.49 a month in 2016, according to a new study.
The average monthly price of the average luxury car in China, the first-ever data to be released by the Chinese automotive market watchdog, was $1,838.
The figure is significantly lower than the average monthly wage in the country, which is $3,849, according a new report by the research firm Gartner.
The Gartners study, which examined 10,000 Chinese cars, found that the average car was sold in 2017 for a total of $4.,096, according in the Gartener report.
In the first half of this year, sales for the average two-door luxury sedan increased from $467 to $464.
The luxury cars are mostly imported from other countries.