Does Replacing the Bumper and Headlights Affect Resale Value?

[McEliana]

Replacing the bumper and headlights does affect resale value, leading to vehicle depreciation and impacting the retention rate. Below is a detailed introduction to car retention rates: 1. Calculation Method: The retention rate is calculated based on the original ex-factory price of the vehicle, using the auto industry's "10-year depreciation method." In the first 3 years after purchase, the annual depreciation is 15%, followed by 10% annually from years 4 to 6, and 5% annually from years 7 to 10. 2. Influencing Factors: The car retention rate refers to the ratio of the selling price of a specific model after a period of use to its original purchase price. It primarily depends on factors such as the vehicle's performance, price fluctuation range, spare parts costs, and maintenance convenience, effectively reflecting the overall trend of the vehicle's quality. Models with high retention rates have the advantage of being less affected by price reductions in the used car market, thereby reducing the risk of financial losses due to product depreciation for some owners.