Why Are Luxgen Used Cars So Cheap?
1 Answers
Luxgen used cars are so cheap because Luxgen's resale value is too low. The specific reasons are as follows: 1. Issues with the product itself: In most cases, Luxgen cars are difficult to sell after being recycled. Even when they are sold, it's often at a loss. The low resale value of Luxgen is largely due to inherent problems with the product itself. 2. Fuel consumption and quality: Fuel consumption and quality are the most concerning aspects for used car buyers, but Luxgen has consistently been criticized by the public in these two areas. This has led to Luxgen's low resale value, which in turn affects its market reputation. Luxgen's five-year resale rate is only about 50%. The biggest problem caused by the low resale value is the difficulty in selling recycled used cars. If they are to be sold, they can only be offered at low prices, which is why Luxgen used cars are so cheap. Apart from the unacceptable fuel consumption, the quality is also relatively poor. Various component failures, strange noises, and fluid leaks have led to widespread complaints about this car, which also contributes to the low selling price of Luxgen used cars.