Automobile industry

White paper on China’s automobile value preservation rate in 2020 From China Automobile Circulation Association

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The following is the White paper on China’s automobile value preservation rate in 2020 From China Automobile Circulation Association recommended by recordtrend.com. And this article belongs to the classification: Automobile industry.

For domestic consumers, if they want to buy a new car and drive it to the end of life, they don’t have to worry about the value preservation rate of the car. They can drive comfortably. However, if you plan to drive a car for three or five years, you can still save a lot of money when you buy a car with a high value preservation rate.

Recently, China Automobile Circulation Association and Jingzhen appraisal released the white paper on China’s automobile value preservation rate in 2020. This paper introduces in detail the value preservation rate data of almost all segment models in the domestic mainstream market.

First of all, from the perspective of the five-year value preservation rate, this period is also the cycle for most domestic consumers to change cars. In general, the value preservation rate of medium and large SUVs, medium and large vehicles and medium-sized vehicles exceeds 50%, indicating that the value preservation rate of these more expensive models in five years is relatively higher.

At the same time, MPV’s 5-year hedge rate is only 46.62%, which is the lowest in the 5-year cycle. At the same time, MPV’s hedge rate is the lowest in the whole cycle.

In terms of three-year hedge ratio data, the hedge ratio of medium and large SUVs is still the highest, reaching 71.67%. Followed by small cars and medium and large cars, the value preservation rate is more than 65%. At the same time, the value preservation rate of medium-sized cars and medium-sized SUVs is also good, both around 63%.

Among all brands, German and Japanese brands have the highest value preservation rates. Among them, Lexus, Porsche and Mercedes Benz have the highest value preservation rates. The three-year value preservation rates of Lexus and Porsche have exceeded 80%, which is really eye opening.

However, as a Japanese “shenche”, has the value preservation rate been converted into the price increase of thunder car in that year.

In addition, the hedge rate of Toyota, Honda and Subaru is also very high, ranging from 71% to 78%. The hedge rate of Japanese brands is generally higher than the average market level, which is a unique phenomenon in China.

The value preservation rate of American brands is similar to that of independent brands. The value preservation rate of Tesla, Wuling, Baojun, linker, Chang’an, wey and GAC motor are all above 60%.

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