Does a car become less valuable once it's discontinued?

[DianaLynn]

For the vast majority of cars, discontinuation means fewer buyers than before, and due to its market inventory, the resale value will definitely decrease significantly. Resale value calculation: The resale value of a car is calculated based on the original ex-factory price of the vehicle. According to the automotive industry's "ten-year depreciation method," the car depreciates by 15% annually in the first 3 years after purchase, 10% annually in years 4-6, and 5% annually in years 7-10. Factors affecting price: Car resale value refers to the ratio of the selling price of a particular model after a period of use to its original purchase price. It mainly depends on factors such as the vehicle's performance, price fluctuation range, spare parts prices, and ease of maintenance, which essentially reflect the comprehensive level of the vehicle. The advantage of models with high resale value is that their prices in the used car market are less affected by price reductions, thereby reducing the risk of financial losses due to product depreciation for some car owners.