Why Are There Few Used Volvos in the Market?

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The main reason is that the ownership of this brand in China is relatively low, and its popularity is not high. Depreciation Rate of Volvo: In foreign markets, the depreciation rate of a used Volvo XC60 after five years reaches around 50.1%. However, the situation in China is different, as its resale value is quite low. Similarly, the Volvo S80 does not hold its value well either. Due to the limited number of Volvo models on the road, the convenience of maintenance and repairs is not advantageous, leading to a decline in resale value. Shortage of Maintenance Parts: The reason why Volvos cannot be repaired at most external repair shops is that they lack suitable parts, requiring imports or sourcing from authorized 4S stores.