Why is the used Besturn B70 so cheap?
2 Answers
Due to brand reasons, the Besturn B70 has a low market retention rate. Below is relevant information about used cars: 1. Introduction to used car residual value rate: When buying or selling a used car, it's important to understand a very crucial metric—the residual value rate of used cars. Simply put, the residual value rate refers to the vehicle's value retention. After several years of use, how much a car is still worth in the market; the higher the residual value rate, the more valuable the used car. To understand a car's residual value rate, several indicators must be clear: whether the car's market retention is large enough, whether its color is mainstream, the brand of the vehicle, and the convenience of later maintenance, etc. 2. Precautions for selling a used car: Be sure to sell the vehicle before its insurance expires; otherwise, when trading the used car, an additional insurance cost will be incurred. Secondly, pay attention to the cycle of replacing spare parts.
The low price of used Bestune B70 is mainly related to its low brand value. Although Bestune is a Chinese brand, its popularity cannot be compared with Japanese or German cars. The new cars are not expensive, so the depreciation is naturally faster when resold. The market demand is small, and young people prefer trendy brands. Driving a Bestune doesn’t feel prestigious and is easily looked down upon. The maintenance costs are also high, with frequent minor issues like electrical or suspension problems, which are expensive to fix, prompting owners to sell cheaply. Market data shows that domestic brands depreciate by over 50%, and the Bestune B70 is an older model with outdated designs from over a decade ago, featuring higher fuel consumption and poor environmental performance. If you buy it for budget commuting, it’s quite cost-effective, but be prepared for frequent visits to the repair shop.
