Why are used VV7s so cheap?
2 Answers
VV7 has high usage costs, fuel consumption, and parts prices. Below is a detailed introduction to used VV7s: 1. The resale value of VV7 continues to decline. In the used car market, the resale rates for the first five years of VV7 are 73.51%, 65.09%, 56.93%, 51.22%, and 45.10% respectively, showing a continuous downward trend. The main factors for this decline are the high usage costs and parts prices. 2. VV7 has excessively high fuel consumption. The average fuel consumption of VV7 is 10.4 liters per 100 kilometers. Although it is equipped with a 2.0T turbocharged engine with 360N·m of torque and 172kw of power, its fuel consumption is notably high. 3. The replacement parts for VV7 are expensive. The high parts-to-whole ratio of VV7 means the cost of replacing parts is comparable to that of luxury brands. Additionally, the VV7 has issues such as limited rear visibility, slow transmission response during overtaking, and severe interior noise problems.
A few days ago, I helped a friend look at used cars and found that the second-hand price of the VV7 is indeed shockingly low. I think the key issue lies in the brand premium not keeping up with its new car pricing. When this car first launched in 2017, it was priced at around 160,000-170,000 yuan, but after all, WEY is a new brand, and the market wasn't confident about its luxury positioning. After three years, when owners tried to sell it, buyers would wonder, 'Why should it be more expensive than a same-year CR-V?' Naturally, they would lowball the price. Additionally, early batches had some minor issues like a stiff chassis tuning and noticeable low-speed jerking with the dual-clutch transmission, which spread by word of mouth and deterred many potential buyers. Now, with significant discounts on new cars—dealerships are clearing out old inventory for less than 120,000 yuan—the used car market has plummeted even further. If you're looking for a bargain, make sure to check the transmission records; the extended warranty policy for this car's powertrain is quite generous.