Why is the used Lynk & Co 05 so cheap?
2 Answers
As a premium brand under Geely with Volvo technology support, Lynk & Co is still a domestic brand after all. Compared to joint-venture brands, domestic brands are indeed relatively weaker, which affects their resale value. Another factor is the pricing—there might have been little to no discounts when purchasing new, thereby impacting its price. Additional content: 1. Disadvantages of Lynk & Co 05: The throttle is overly sensitive in sport mode, noise insulation is subpar, and while the trunk has decent depth, its length is insufficient. 2. Advantages of Lynk & Co 05: Ample power reserves, smooth transmission, and rich smart connectivity features.
I've been in the car industry for many years, and I think the main reasons why the Lynk & Co 05 is cheap as a used car are brand and market factors. As a new brand under Geely, Lynk & Co targets the youth market from the start, so its new car prices aren't high to begin with, making depreciation natural. Its resale value is quite low because the brand has a short history and lacks the recognition of established brands like Volkswagen or Toyota, leading to rapid depreciation within a year or two. I've also heard several owners complain about frequent minor issues and higher-than-expected maintenance costs, which hurt the residual value. The SUV market is highly competitive, with new models frequently released, so buyers tend to prefer new cars or used cars from popular brands. Overall, it's a decent choice for the novelty of driving a new car, but buying used means accepting these drawbacks—though a well-maintained one can still be a good bargain.
