Why Are Second-Hand MG 6 Cars So Cheap?

[DiEmery]

MG 6 has a relatively low resale value. As a compact sedan under the MG brand, currently produced and sold domestically by SAIC Motor, the five-year resale rates for the MG 6 are 63%, 55.45%, 47.72%, 42.25%, and 37.71% respectively. Here is more information about MG: Brand History: MG is a British automotive brand established in the UK. In 2005, Nanjing Automobile Group acquired the MG brand and all its technologies. In 2007, Shanghai Automotive Industry Corporation (SAIC) merged with Nanjing Automobile Group, making MG a brand under SAIC, which it remains to this day. Market Positioning: MG primarily targets young consumers in the mid-to-low-end market, with product designs following a sporty style, aligning with current mainstream trends.