Why are used Roewe RX5 so cheap?
4 Answers
Roewe RX5 used cars are inexpensive for the following reasons: Resale value: The main reason is that Roewe RX5 has a low resale value, so when sold as a used car, the price is relatively low. Factors contributing to the low resale value include the small market share of the vehicle and relatively high maintenance costs. Before reaching scrap standards: If a car has not yet reached the national scrap standards or can still be used during its economic lifespan, it can be traded as a used car. Choosing to buy a used car is also a wise decision. With the continuous development of the automotive industry, the performance of cars is constantly improving, and vehicle emissions can be gradually reduced. By implementing vehicle emission standards, atmospheric pollutants emitted by cars can be directly reduced at the source.
When I helped a friend look at used cars last time, I also noticed that the Roewe RX5's price is indeed quite low. The new car sales have never been very strong, and many people aren't very familiar with this brand, leading to less competition in the used car market, which naturally drives the price down. Moreover, I've heard that Roewe RX5's spare parts can be a bit troublesome to find, and the repair costs might be relatively high if the car has issues, making buyers more likely to bargain hard. Additionally, the new car prices have a lot of room for discounts, often with reductions of 20,000 to 30,000 RMB, which further weakens the used car prices. Of course, the car itself performs decently in terms of power and space, making it a suitable transitional car for those on a tight budget.
The low price of used Roewe RX5 is largely related to its market positioning. The MG brand has a rather awkward positioning in China—it can't compete with German or Japanese brands in terms of technology, nor can it match the cost-performance ratio of popular domestic models. Its new car depreciation rate is mediocre, and the value drops even faster after three to five years. Another key factor is its low market presence; it's rarely seen on the road, making buyers worry about maintenance difficulties and resale challenges. As for the car itself, the relatively high fuel consumption of the 1.5T engine tends to be magnified in the used car market, where buyers are particularly budget-conscious. However, if you can overlook these drawbacks, picking up a well-maintained one at a low price for daily commuting can be quite a bargain.
As someone who frequents the used car market, I believe the low price of the MG GS is primarily a supply and demand issue. Dealers generally offer very low prices when purchasing these cars because they have to list them at a bargain to sell. The manufacturer's suggested retail price (MSRP) for this car was inflated initially, and the actual transaction prices plummeted, which disrupted the used car pricing system. Additionally, the brand's reputation is somewhat delicate—it's easy to come across online posts complaining about transmission jerks, which affects buyer confidence. The most troublesome issue is that certain model years have common problems, such as a higher failure rate in the electronic parking brake. Dealers factor these potential repair costs into their purchase offers. However, if the car is in good condition, you can get a five-year-old SUV for around 40,000 to 50,000 RMB, which is a great deal for new drivers just getting their licenses to practice with.
