November 23, 2024

Cars of these brands quickly depreciate

2 min read
Cars of these brands quickly depreciate

Have you ever heard the popular expression “leave the store, it’s already devalued”? If so! Unfortunately, this is the absolute truth! Cars and lots depreciate once you leave the dealership. It’s a matter of seconds. For those with a Chevrolet or Volkswagen, the news is even worse. Understand what the problem is.

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According to some surveys of the most used vehicles in Brazil, some of the models of the two brands have been the most popular recently. Anyone who has a car from one of the manufacturers and does not want to lose more money should follow the scenario and know the right time to act.

Cars of both brands are depreciating very quickly!

It’s a good thing that Chevrolet owners are Volkswagen Know that the moment demands a lot of attention, especially with regard to cars that depreciate very quickly. With the Covid-19 pandemic, the production of new releases has been compromised. There were missing parts, there was social isolation and several other situations arose that hindered the production of new cars.

Under this scenario, used cars experienced an unprecedented moment of appreciation; However, like everything in life, this situation did not last long. Used car prices are returning to normal and, in some cases, declining in the context of further currency depreciation.

KBB Brasil, a company specializing in pricing Cars, a survey to find out how Brazil’s most popular cars have “behaved” lately. The result was not at all encouraging for anyone with a Volkswagen Voyage or Volkswagen Golf in the garage.

The Voyage compact sedan, which rolled off the line at the end of 2022, was the car that lost the most value. The depreciation of the coin was about 22.80%. Golf, a popular model Chevroletwhich was also discontinued, showed a depreciation of 13.74%.

This process is not at all uncommon, especially when a car model has been discontinued. The reason for this is very simple. Parts stop being produced or, sometimes, people lose interest in buying.

So if you have one of these models, it’s time to roll up your sleeves. Try to organize your finances and try to find a good sales opportunity as soon as possible. Otherwise, the damage may be greater.

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