What Does Non-Holding Value Mean?
1 Answers
Non-holding value refers to an item that may be valuable now but will gradually lose its worth over time. Below are relevant explanations: 1. Ownership Volume: The sales volume and ownership of a vehicle—the larger, the better; a car starts depreciating the moment it is purchased. Vehicles with high value retention typically depreciate by about 30% in the first 3 years. 2. Safety Hazards: Check if the vehicle has recently been involved in any large-scale safety hazard incidents, as this naturally affects its value retention rate; also, consider the overall feedback and reputation from owners. A car with good sales doesn't necessarily mean high quality, and its usage cost isn't necessarily low—this is particularly evident in many entry-level joint-venture models.