Millions of Australians Are RETURNING Their New Chinese Cars — And Everyone Knows Why
Автор: Mick Lawson’s Garage
Загружено: 2026-07-25
Просмотров: 3864
Описание:
Chinese cars have gone from 1.7% of the Australian new car market to nearly 18% in just six years — MG, BYD, GWM and Chery are everywhere. But now the used car lots and auction lanes are telling a different story. In this video we break down what's really happening: why some Chinese cars are losing over 40% of their value in barely a year while a Toyota RAV4 loses 4%, why dealers are refusing trade-ins, the six-week repair backlogs and parts delays, the insurance problem, the recall record from GWM and BYD, and the guaranteed buy-back program that quietly admits everything. Whether you're thinking about buying a cheap new SUV or you already own one, this is what depreciation, resale value and total cost of ownership actually mean for your money — and who profits from the churn.
#cars #chinesecars #automotive #carbuying #usedcars #depreciation #byd #mg #australia #carsaustralia
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