Why Are Second-hand Lynk & Co 01 So Cheap?
4 Answers
The lowest-priced model of the second-hand Lynk & Co 01 is only meant to lower the entry-level price, making it appear cheaper. Here are some related introductions about the Lynk & Co 01: 1. Power: The Lynk & Co 01 comes standard with a 2.0T low-power engine, delivering a maximum horsepower of 190 hp, paired with an Aisin 6AT transmission and a 7-speed dual-clutch transmission developed by Volvo, offering a driving experience focused on smoothness. 2. Space performance: The car's body length exceeds 4.5 meters, and the wheelbase is over 2.7 meters, giving it a significant advantage in space compared to many mainstream domestic compact SUVs. For example, the WEY VV5 has a wheelbase of less than 2.7 meters. However, the Lynk & Co 01's seat design is quite unique, which somewhat limits the passenger space in the front passenger seat, making it feel a bit cramped.
I just bought a second-hand Lynk & Co 01 last month, and driving it to work feels like a great deal! As an average car owner, I've noticed its affordability mainly stems from the brand being relatively new. Lynk & Co is a joint venture between Geely and Volvo, launched only in 2017, so it's not as well-known as brands like Honda or Toyota, which affects its resale value. New car prices often drop due to frequent discounts and promotions, and with large inventories of older models, prices depreciate quickly, dragging down demand in the used car market. Additionally, the SUV market is fiercely competitive, with domestic models like the Haval H6 frequently engaging in price wars, diverting potential buyers. Although the car itself offers stable quality and decent tech features, reselling it at a high price is challenging. Many people worry about maintenance, but in reality, sharing parts with Volvo's platform makes it quite convenient. Personally, I think if you don’t change cars often, this model offers exceptional value for money—driving it for three to five years shouldn’t pose any major issues. The combination of new car price drops and lower brand recognition makes its second-hand price incredibly affordable.
As a car enthusiast, I often research used car market data. The key reasons for the low prices of used Lynk & Co 01 models lie in the brand's late market entry and the overall automotive market conditions. When Geely launched it, the brand primarily targeted a youthful and sporty style, but frequent new car price reductions have dragged down its resale value, depreciating over 20% in the first year—significantly higher than Japanese brands. Additionally, while Lynk & Co shares Volvo's parts and maintenance system, the limited coverage of 4S stores has made some buyers reluctant due to repair inconveniences, further depressing used prices. The electric vehicle trend has also taken market share from fuel-powered SUVs, reducing overall demand. From a vehicle perspective, its performance is reliable with moderate fuel consumption, but faster interior aging may affect its aesthetic appeal. Personally tracking such trends, I'd suggest taking advantage of the current low prices as a smart move.
I bought a used Lynk & Co 01 for its affordability. Simply put, new models don't sell well, old stock piles up, and used prices drop. The Lynk & Co brand is new with low recognition, so people hesitate to pay high prices. Maintenance costs are moderate but convenient and practical. With high market inventory and few buyers, prices naturally get pushed down.
