Why are used Geely GX7 cars so cheap?
2 Answers
Used Geely GX7 cars are cheap primarily due to their low resale value. The reasons for the low price of used Geely GX7 cars are as follows: 1. Low resale value: The direct reason for the low price of used Geely GX7 cars is their low resale value. The low resale value is mainly due to insufficient brand power and product strength. 2. Sales volume: The Geely GX7 is a decent compact SUV, but in this segment, the Great Wall Haval is the strongest among domestic brands, along with competitors like the Changan CS75, Roewe RX5, and Geely Boyue. Sales volume determines the number of vehicles on the road, which usually affects the resale value. 3. Reasons for choosing: The Geely GX7 offers low fuel consumption, affordable maintenance, sufficient space, and adequate power. However, its power is not particularly strong, the interior craftsmanship is not very refined, and the storage space design is not very reasonable.
Speaking of why the used Geely GX7 is so cheap, as someone who has been repairing cars for over 20 years, I have deep feelings about this. The low resale value of this car is largely due to its high maintenance and repair costs. Parts are particularly hard to find, with many components discontinued, and new ones often requiring imports—each repair hits the wallet hard. In daily use, the engine tends to leak oil, the transmission frequently has issues, and the failure rate is higher than that of joint-venture cars, so used car dealers always lowball the price. Additionally, the brand image hasn’t kept up, and many perceive older Geely models as lacking reliability, causing prices to drop quickly when newer models hit the market. If you’re considering buying a used one, I’d suggest setting aside some money for potential repairs. Overall, it can still be a decent deal, but make sure to have a thorough inspection by a reliable mechanic to avoid getting scammed.
