Recently, a significant development in the electric vehicle (EV) industry has been the crisis surrounding the Jiyue brand. This event has garnered substantial attention not only within industry circles but has also gone viral, becoming a topic of widespread public discussion. Alongside this crisis, rumors have circulated online that "used Jiyue vehicles can be purchased for as little as 20,000 to 30,000 yuan," sparking excitement among bargain hunters.

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Jiyue in Crisis: Mixed Market Reactions

As Jiyue's flagship model, the Jiyue 01 has a starting price of 219,900 yuan for a new vehicle. However, amidst the brand's crisis, rumors began to spread that used Jiyue vehicles could be acquired for as little as 20,000 to 30,000 yuan – a fraction of the new car's price, which is astonishing.

But is this actually the case? Many used car dealers provide a different answer. A dealer in Beijing bluntly stated, "We won't accept Jiyue cars." On one hand, Jiyue's market recognition is low, and dealers have limited knowledge about the brand. On the other hand, due to public opinion and uncertainty, dealers find it challenging to offer prices that satisfy vehicle owners.

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High Prices but Low Demand: Bargain Hunting Requires Caution

Despite online rumors suggesting extremely low prices for used Jiyue vehicles, in the actual market, used Jiyue cars generally sell for over 100,000 yuan. While some platforms list prices as low as 20,000 yuan, many of these listings are misleading. For example, some sellers may direct buyers to negotiate privately or use the pretense of selling cars to actually 'rent' them.

It's evident to any discerning individual that claims of buying a Jiyue for 20,000 yuan are untrue. However, Jiyue's crisis does present an opportunity for those with cash on hand and an eye for bargains. Nevertheless, caution is advised, as factors such as vehicle quality and after-sales service must also be considered.

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Rapid Depreciation: A Common Issue for Used Electric Vehicles?

Jiyue's crisis is not an isolated incident. With the rapid growth of the EV market, numerous new brands have emerged. However, their market performance has been uneven. Early-stage brands like Weltmeister and Human Horizons have also struggled in the used car market, often selling at discounts of 30% to 40% or even lower.

From a broader perspective, used electric vehicles exhibit the characteristics of 'low resale value + high turnover rate.' Data suggests that EVs typically depreciate by over half after three years, whereas most fuel vehicles retain over 50% of their resale value after the same period.

Jiyue's crisis and the reaction of the used car market underscore the harsh realities and uncertainties of the EV market. For consumers, when choosing an EV, it's crucial to consider not only the price and performance of the new car but also factors like resale value and after-sales service. After all, a car is not merely a mode of transportation but also a long-term investment.