Why Are Used Lynk & Co 03 Cars So Cheap?
4 Answers
Here are the reasons why used Lynk & Co 03 cars are cheap: 1. Domestic cars do not hold their value well: As a domestic joint-venture brand, Lynk & Co 03 is relatively young in terms of both brand and model. 2. Unknown vehicle condition: In the used car industry, factors such as mileage, engine, transmission, and maintenance history are often unclear and require professional inspection to determine the specific condition of the car. Generally, used cars carry certain risks, so extra caution is advised when encountering particularly cheap used cars. Below is an introduction to the Lynk & Co 03: 1. Exterior: The red paint has a glossy finish, giving it a premium look rather than a cheap feel. The interior has a tech-savvy design. 2. Space: The space is practical, with dimensions typical of mainstream family sedans. However, the wheelbase of 2730 mm is somewhat average. 3. Performance: The initial acceleration is very quick, but fuel consumption may increase if the throttle is pressed too hard, so it is recommended to coast after accelerating. 4. Handling: The handling is good, especially during sharp turns, with excellent grip and braking performance.
I used to own a Lynk & Co 03, and after driving it for two years with my new car, I wanted to sell it, but the price dropped quite quickly, which made me feel like I lost out. The main reasons are: as an emerging domestic brand, Lynk & Co, despite its strong performance and high cost-effectiveness, has relatively low brand recognition, and many people still don’t fully trust it, fearing potential issues down the line. The used car market has a large supply, especially since younger car owners love to switch cars frequently, leading to intense competition among sellers and making it easy for buyers to bargain down prices. Additionally, the new car prices are already quite low—Lynk & Co has been offering promotions to penetrate the market, so new cars are cheaper, making used ones even less valuable. While maintenance is affordable, the use of non-original repair parts might affect buyer confidence. In short, if you enjoy driving sporty cars and don’t care much about brand resale value, buying a used Lynk & Co 03 is a great deal—you get high performance at a low price, making it a real bargain opportunity.
I can understand why the used Lynk & Co 03 is cheap. From my observation of the auto market, Geely launched Lynk & Co to challenge joint-venture brands, but it started late with a short brand history, resulting in lower resale value compared to the Honda Civic or Toyota Corolla. New cars have heavy discounts, depreciating over 20% within a year of launch. The sports sedan segment is fiercely competitive with oversupply, and buyers prefer the reliability of established brands. The Lynk & Co 03 offers strong performance and cool design, but its after-sales network isn’t as extensive as major brands, making used buyers wary of minor issues like electronic system glitches, which affect pricing. The trend is shifting toward EVs, with many selling gasoline cars to upgrade, increasing inventory. It’s a practical choice for those less brand-conscious—fun to drive at a low price, a utilitarian pick.
As someone who frequently studies cars, the low resale value of the Lynk & Co 03 is due to economic factors: the new car price is not high, and the domestic brand label lowers the starting point for value retention; rapid depreciation, with significant drops in the first three years, as the market fears reliability issues; supply exceeds demand, with the used car market flooded, especially as young people prefer to switch models frequently. The Lynk & Co offers good performance and high cost-effectiveness, but its brand recognition is weaker than competitors, making it a bargain when buying used.
