Does Replacing the Bumper and Headlights Affect Car Resale Value?

[MaggieLynn]

Replacing the bumper and headlights can impact the resale value, leading to vehicle depreciation and affecting the retention rate. Below is a detailed introduction to car retention rates: Calculation Method: The car retention rate is calculated based on the original ex-factory price of the vehicle, using the automotive industry's "10-year depreciation method." In the first three years after purchase, the annual depreciation is 15%, from the fourth to the sixth year, it is 10% annually, and from the seventh to the tenth year, the depreciation rate is 5%. Influencing Factors: The car retention rate refers to the ratio of the resale price of a specific model after a certain period of use to its original purchase price. It primarily depends on factors such as the vehicle's performance, price fluctuation range, spare parts pricing, and ease of maintenance, effectively reflecting the overall trend of the vehicle's comprehensive level. Models with high retention rates have the advantage of being less affected by price reductions in the second-hand market, thereby reducing the risk of financial losses due to product depreciation for some owners.