Why Are Used Buick Encores So Cheap?
1 Answers
The five-year depreciation rates for the Buick Encore in the used car market are 64.25%, 56.81%, 49.06%, 42.78%, and 36.63% respectively. According to statistics from the China Automobile Dealers Association, the average first-year depreciation rate for used cars in China is 70%, and the average third-year depreciation rate is 60%. The Buick Encore's depreciation rates for the first three years are all below the average, making it a vehicle with relatively poor value retention. Here is some additional information: 1. Choosing a Used Buick Encore: Although the Encore has a low value retention rate, it generally meets the requirements of domestic consumers for vehicle use. If the actual condition of the car is good and the price is reasonable, it can be a good purchase. Currently, the used car market offers Encores from model years 2013 to 2020. It is recommended to choose models that are within 6 years old and have less than 100,000 kilometers. Generally, models that are 3-6 years old with 50,000-100,000 kilometers are in better condition and are the most suitable choice. 2. Introduction to the Buick Encore: However, when it comes to small SUVs in the domestic market, the Buick Encore must be mentioned. Even though the Encore's sales in China were not particularly strong, it still set a trend for small SUVs in the automotive market at the time. The Encore is equipped with the same 6-speed automatic transmission as the Buick Envision, but due to differences in torque and horsepower, the tuning will also vary.