Why Are Used Honda Cimics So Expensive?

[FranciscoLee]

Honda Cimics are expensive for the following reasons: 1. Reference: Only the brand is provided, and no price reference can be given. 2. Influencing factors: The evaluation price of a used car is affected by various factors. First, check if the documents are complete, and then consider factors such as: vehicle age, mileage, condition, maintenance quality, car brand, years of use, mileage, engine, chassis, overall appearance, and interior. 3. Depreciation rate: After determining the car's condition, assuming no major model updates, the depreciation rate in the first year is about 15% to 20%, and from the second to fifth year, it decreases by 7% to 9% annually. Within the same series, the purchase price of a used car is based on the base model. Therefore, owners can refer to the current price of the base model and subtract the depreciation to roughly determine the market purchase price of the vehicle.