Chinese Cars Are Losing 65% of Their Value in Australia — Here’s WHY

Comments · 32

• LO

  @locquyen · 3 days ago

  2023 chery  7pro ultimate awd what will happen now if i thinking to resale or i still keep drive on untill warranty is expire

• SA

  @samlee749 · 3 hours ago

  12 month old low mileage PRC branded vehicles gets auctioned off at less than 10% retail price at public auctions

  1

• RA

  @ralphzoombeenie2330 · 1 day ago

  My experience is different. I bought a '22 BYD ATTO3, sold it after 3yrs for 26%depreciation. If I kept it until after Thrump's fuel cost increases I could have had less depreciation. I replaced it with a BYD Seal Now go check depreciations on some similar price European models. Both cars  faultless and great value for me. I'm happy as my Seal has 10sec ago indicated it is now fully charged from my Huawei home solar system.

• GL

  @globaltripping3654 · 4 days ago (edited)

  As the battery technology gets better so will the depreciation. BYD is the Kia of the car world and everyone considers them as the cheap and nasty Chinese car brand. More premium brands like Zeekr will hold there valve better with their 12 minute changing times and the ultra fast charging stations coming online. Also Zeekr now has a dedicated body repair shop in Sydney so parts should be more available for that brand helping with resale value.

  1

• JM

  @JMKeynes8491 · 18 hours ago

  I have bought two Chinese EVs, the Geely EX5 and EX2. They are brilliant motor cars and made to last. That&apos;s why they have such good warranties on the car and battery. And, they cost virtually nothing to run. If you are doubtful, go and have a test drive to appreciate the quality and value of these vehicles. The traditional car and petrol companies are terrified: where are they going to get their huge profits from now that we have an alternative?<br>That&apos;s why we have scare campaigns.

• BR

  @bradporter9922 · 1 day ago

  The ICE market will crash much harder as fuel prices continue to climb through the $3 barrier and continue to climb as supply becomes thinner 😂

• IA

  @Ian-f5d7b · 4 days ago

  carsales do not indicate this

  1

• TO

  @toolbox0001 · 4 days ago

  Volvo xc90 t9 2017 still holding value 😂😂😂150k and 32k to buy.

  2

• BO

  @bobagorof · 4 days ago

  Why did you bother using an AI voice for this?

  1

• KE

  @keepitreal2902 · 4 days ago

  Just keep your EV for 10 years. Pretty sure you win.

  3

• CH

  @chanle607 · 4 days ago

  I would not worry and will buy an EV next.

  1

• GR

  @gregzeng · 4 days ago

  Elon Musk claims that AI and robotics will create a new era, with material sufficiency for everyone. Instead, most modern humans ward becoming meaningless in their lives, save their life directions. <br>Scandinavians seem to be leaving this &quot;value in living&quot;, Linux the new graduated youth of China. So much LOW LIVINGM<br>US is unusual with their military obsessions, rather than Research and Development. <br>Tried video is just focused on cars, especially in Australia. This AI and robotics are much bigger than this video.