Why are used 2017 Regals so cheap?
4 Answers
Used Regals are priced cheaply primarily due to their poor resale value, typically depreciating by half of the new car price within three years. Additionally, the Regal has relatively higher fuel consumption and maintenance costs. The significant discounts on new models also contribute to the low prices of used Regals. Below is an introduction to the Buick Regal: Definition: As one of Buick's most successful strategic models, the Regal has gained user favor with its trendy, dynamic, and tech-savvy product image and comprehensive technical capabilities. The Buick Regal integrates General Motors' global advanced technologies, inheriting traditional strengths while meeting the evolving demands of consumers in the new era. It offers innovative product strengths that enhance driving pleasure, achieving further evolution in dynamic styling, ride quality, and technological features. Style: Combining heritage with modern elegance, the Buick Regal features a bold and contemporary design, powerful yet smooth 2.0T SIDI and 1.5T SIDI direct-injection turbocharged engines, superior safety features, and a range of luxurious technological amenities. It caters to the higher demands of the new generation of middle-class families, ensuring a smooth and comfortable driving experience.
My friend just bought a used 2017 Buick Regal last month for just over 80,000 yuan, which is 20,000-30,000 yuan cheaper than a same-year Camry. The Buick brand offers hefty discounts on new cars, with 40,000-50,000 yuan off being common, which directly affects used car prices. The 2017 model still features the previous generation design, and prices plummeted after the new model was launched last year. Additionally, the Regal's transmission is prone to jerking, and fuel consumption in the city is at least 12 liters per 100 km. With 95-octane gas being so expensive now, maintaining the car is painful. Used car buyers use these factors to negotiate prices, but honestly, the car's space and sound insulation are quite good. If you're considering buying one, remember to check the transmission repair records.
Having been in the used car business for ten years, the resale price of the Regal has always been low. A car with a new vehicle MSRP of 200,000 yuan only invoices for 170,000 yuan, resulting in an immediate loss equivalent to the purchase tax. American cars are known for their solid materials but heavy weight, leading to 30% higher fuel consumption in urban driving compared to Japanese cars. The market was flooded with 2017 Regals, so when sourcing cars at the same price point, we prioritize Accords and Teanas. There's also a hidden issue: Buick engines often have oil leaks from the valve cover gasket, costing 2,000 yuan to fix, which buyers always use to negotiate the price down. If the car is in pristine condition, say with only 30,000 kilometers and full 4S dealership maintenance history, we might dare to pay 5,000 yuan more, but such examples are extremely rare.
I sold my 2017 Regal GS last year for 92,000 RMB in tears, while it cost 270,000 RMB when I bought it! The rapid depreciation was mainly due to the model changeover trap—the all-new generation launched in 2018 directly slashed the old model's price by 20%. The 1.5T engine paired with GM's legacy 6AT made low-speed gear shifts feel like being kicked in the back. The fuel consumption was also terrifying, with monthly commuting costs in the city starting at 1,500 RMB. Used car buyers are shrewd; a quick check on Che300 reveals all the common issues—brake squeaks cost 800 RMB to fix, and a short-circuited headlight module replacement runs 3,000 RMB. But the steering feedback was truly excellent, and it felt rock-solid on the highway, glued to the road. For a B-segment car at this price, what more could you ask for?
