Why is the used Roewe 550 so cheap?
4 Answers
The used Roewe 550 is inexpensive because the car itself is not expensive. Here are the specific details about the Roewe 550: 1. Background: The new Roewe 550 is SAIC's first model based on the DS full digital simulation development system, featuring core technologies that lead domestically and synchronize globally. It innovatively applies the "D5 Digital Intelligence" system—equipped with the TST 6-speed oil-cooled dual-clutch automatic transmission system, Inkanet 3G digital intelligent network driving system, Start-Stop digital intelligent start-stop energy-saving system, EPB digital intelligent electronic parking system, and Configurable color-customizable digital instrument system. As a new model that gathers cutting-edge technology and leads the trend of the times, the new Roewe 550 redefines the mid-size car standards traditionally set by joint-venture brands with its product strength that surpasses its peers, showcasing the top-tier manufacturing capabilities of China's independent brands. 2. Space: The Roewe 550 is a "large" compact car with a length exceeding 4.6 meters and a wheelbase of over 2.7 meters.
Honestly, it's quite normal that used Roewe 550s don't hold their value well. When I helped a friend pick a car two years ago, I thought about this - the brand premium is relatively weak, and it simply can't compare to保值神器 like Volkswagen or Toyota. The main issue is that older 550 models have several common problems: the 1.8L engine tends to leak oil, the AMT transmission has very noticeable jerking, and repairs can easily cost thousands. Most units on the market now are about ten years old - aging rubber components causing chassis noises are common, and electronic components often have minor issues. Fuel consumption is another major drawback, easily exceeding 10L/100km in city driving, which is exactly what young used-car buyers fear most. Plus, the new car prices back then had significant水分, so the depreciation now is naturally more severe. That said, if you come across a low-mileage example with full dealership maintenance history, it could actually be quite cost-effective as a grocery-getter.
Observing the used car market, I find it quite interesting how quickly the Roewe 550 depreciates. The biggest pain point lies in the lack of market confidence, as people generally perceive older domestic cars as having unstable quality. Especially the turbocharged version—after seven or eight years, the turbo failure rate skyrockets, and replacing a new turbo could cost half the price of the car. The interior is another weak point, with faux wood panels becoming sticky over time and the center console screen reacting as slowly as an old-fashioned mobile phone. The most critical issue is the chaotic spare parts supply chain: aftermarket parts are everywhere but vary wildly in quality, while specialized repair shops are scarce, making many buyers fear unaffordable maintenance costs. There's also a hidden risk: many of these cars were retired from rental fleets, with engines more worn than typical family cars, potentially requiring major repairs after purchase. But on the flip side, getting a former 100,000-yuan B-segment sedan for just 5,000 yuan can be a sweet deal for new drivers fresh out of driving school.
As someone who frequently helps with vehicle inspections, I've seen firsthand how low the resale value of Roewe 550 can be. The sheet metal craftsmanship really drags it down, especially around the wheel arches—it's not uncommon for them to rust through after just five years in rainy areas. The underbody anti-corrosion treatment is also sloppy; I once lifted one up and saw the subframe rusted like a honeycomb. While the engine is sturdy, the technology is outdated, and the noise at high RPMs rivals that of a tractor. Electrical issues are even more of a headache—I've seen dozens of cases with malfunctioning power windows and erratic central locking. Another minor but notable flaw is the cramped rear headroom, which makes it unappealing to family buyers these days. Though the spare tire well's reputation as a 'fish tank' has become something of a legend in car circles.
