Why does the Cadillac SRX depreciate so much?
1 Answers
The key factor is poor sales. As a second-tier luxury brand, Cadillac's models are completely inferior to popular luxury brands like "BBA" in terms of brand influence. Therefore, the best way to boost sales is through price reductions and promotions. As long as the price is attractive enough, there's no worry about lack of buyers. However, official price cuts directly affect the vehicle's price in the used car market. If used car prices don't follow suit, there might even be the absurd situation where a used car is more expensive than a new one. Consequently, the price of the Cadillac SRX continues to drop. Nowadays, the successor model, the "Cadillac XT5," has even seen dealer prices fall to around 200,000 yuan.