Does Geely depreciate quickly?

[VivienneAnn]

Geely depreciates quickly. The resale value of a car is influenced by many factors, with the two most important being the reliability of the vehicle's quality and its popularity. Vehicle depreciation: Vehicle depreciation loss refers to the reduction in the actual value of a vehicle after it has been involved in a traffic accident and repaired. Although the performance may be restored, the vehicle's lifespan, safety, and handling are difficult to fully return to their pre-accident state, inevitably leading to a loss in value. This is the loss caused by the accident reducing the vehicle's worth. Depreciation circumstances: Minor frictions on the vehicle do not result in depreciation costs. In more severe traffic accidents, even after repairs, the damaged vehicle is unlikely to fully regain its pre-accident performance, and its safety is also reduced accordingly.