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MyCarSearch
MyCarSearch 202103132999 (IP0556141-A)
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5 Car Models with the Fastest Depreciation

04-Nov-2023

In today's society, the frequency of changing cars is increasing, driven by factors such as novelty and consumer habits. This trend might take some time to change. Therefore, it's important to consider the depreciation rate of a car when making a purchase decision.



Ford
Depreciation Rate : 59.7%

Ford performs well in foreign markets, gaining popularity for its attractive design and good performance. Despite quality issues accompanying its high sales volume, its high brand recognition and other outstanding features attract many consumers, especially young buyers. However, in the Chinese market, Ford faces a high depreciation rate, making it a less popular choice in terms of value retention



BMW 5 Series
Depreciation Rate : 61%

Depreciation rates are often influenced by brand recognition and influence. BMW symbolizes luxury in the eyes of many Chinese consumers. Interestingly, European consumers don't perceive BMW the same way! Nevertheless, it's common knowledge among those who have owned a BMW that they are expensive to maintain. Lower-end models may not retain their value well, so careful consideration is necessary before making a decision.



Peugeot Citroen 308
Depreciation Rate : 62.1%

Peugeot, a French brand, struggles to make a significant impact in global car markets, except in its home country. Despite efforts to enhance brand recognition by launching new models, Peugeot faces challenges in China, and its cars depreciate rapidly due to weak brand power.



Mazda 6
Depreciation Rate : 63.8%

The Mazda 6 has been popular since its international launch in 2002. However, considering its age, it's difficult to expect a high resale value. Although it has won numerous awards in the past, its glory days are behind it.



Nissan Almera
Depreciation Rate : 67.7%

Buyers of the Nissan Almera praise its spacious interior, although it lacks some refinement due to its affordable price. Since it's popular among recent college graduates, the demand for this car is relatively low in the second-hand market. Even if available, it's sold at a low price, and dealers don't offer high prices for this model.
 

Please note that these depreciation rates are subject to change based on market conditions and other factors

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