Why do domestic cars not hold their value?
1 Answers
Reasons why domestic cars do not hold their value: 1. The first reason, body noise and car rust: First, let's talk about noise. Some time ago, the Atz topped the complaint list due to noise issues. Not only did car owners who had already purchased the Atz lose confidence in its quality, but potential buyers were also extremely disappointed. This proves that car noise is a significant problem. Many domestic cars have not kept up with technological trends, leading to more severe noise issues, which greatly reduces their resale value. Car rust is another common issue in some low-end models. Due to lower production costs, insufficient investment is made in rust prevention, leading to noticeable rusting. 2. The second reason, rapid car model updates: While car model updates are now a normal occurrence, the faster the update frequency, the more it affects the car's resale value. Some models have even been updated over a dozen times. Although updates indicate technological breakthroughs by manufacturers, they also make consumers prefer the latest models over older ones, indirectly impacting resale value. 3. The third reason, consumer mindset when buying cars: Despite the good sales of domestic cars, their overall sales still lag behind joint-venture cars. Many people believe joint-venture cars are superior in every aspect and thus choose them over domestic cars. Some also feel that driving a domestic car lacks prestige. Even if the configuration is good, prestige is the top priority, which is another reason why domestic cars do not hold their value well.
