Why Are Used Peugeot 308 Cars So Cheap?

[JulianaRose]

Here are the reasons for the low prices of used Peugeot 308 cars: 1. Poor sales: Neither Peugeot nor Citroën are mainstream models in China, as can be seen from their sales figures. In Q1 2018, Dongfeng Peugeot's total sales were 41,434 units, a 51% decrease compared to the previous quarter. By March 2018, the cumulative sales were 41,434 units. In April 2018, FAW-Volkswagen alone sold 150,549 new cars, meaning Peugeot's three-month sales were less than one-third of another brand's monthly sales. 2. Peugeot's brand influence and recognition in China lag far behind Japanese and German brands: Additionally, with the rise of domestic brands in recent years, the overall performance of French brands has been unsatisfactory. Therefore, even though the chassis is well-tuned, it still seems insufficient in maintaining used car value. However, this is good news for owners who like French used cars, as they can buy a satisfactory car with less money.