Is It Advisable to Buy a Discontinued Car Model?
2 Answers
Be cautious when purchasing a car model that is about to be discontinued. All automobile companies guarantee the supply of spare parts for a discontinued model for up to 10 years after production ends. However, over time, procuring spare parts can become increasingly difficult, especially for imported vehicles. While many manufacturers continue to provide spare parts after discontinuing a model, this support is time-limited, and the drawbacks become more apparent the longer the time passes. Buying a discontinued car model comes with significant disadvantages in terms of maintenance and resale value. Here are the key points: 1. Maintenance: Service centers become scarce once a model is discontinued, making it harder to access services. 2. Resale Value: The resale value of a discontinued model depends on factors like brand value, market recognition, the number of units in circulation, and the extent of updates during the model's lifecycle. Generally, the resale value of discontinued models tends to decline.
I think there are pros and cons to buying a soon-to-be-discontinued car model. I encountered this situation before when helping a friend choose a car. Discontinued models often come with huge discounts, and it's common to save thirty or forty thousand yuan, which is great for those on a tight budget. However, be aware that these cars might be stock vehicles, and components like tires and engine oil can degrade over time, so a thorough inspection before taking delivery is a must. Another concern is maintenance—after three to five years, spare parts might become hard to find. It's advisable to stick with mass-market brands like Toyota or Honda, as their parts are more universal and easier to repair. If you only plan to drive it for five or six years before upgrading, it can be quite cost-effective, since the savings could cover two years' worth of fuel.
