Exeed cars lose up to 40% of their price in Russia over two to three years

Value losses by model

Exeed cars produced in 2023–2024 lose on average about 2 million rubles in value over two to three years of use in Russia. These figures come from a report by the financial marketplace Sravni, provided to Gazeta.Ru. The largest loss in absolute terms was recorded for the coupe-style RX crossover — more than 1.9 million rubles: a new example costs on average about 5.3 million rubles, a used one about 3.4 million rubles.

Percentages and the residual value leader

In percentage terms, the TXL crossover depreciates the most: over three years, the version with the 1.6 engine lost 39% (1.7 million rubles), and the one with the two-liter engine — 40% (1.9 million rubles). The flagship VX loses 1.86 million rubles, or 34%, three years after purchase: a new one costs on average 5.46 million rubles, with mileage — 3.6 million rubles. The best residual value indicator belongs to the front-wheel-drive LX — minus 1.07 million rubles, or 30.1% of the original price; a new LX costs about 3.6 million rubles, a used one — 2.5 million rubles.

The reason — weak secondary market demand

Sravni expert Fyodor Kalabkin noted that demand for Exeed on the secondary market remains low: “Many potential buyers do not want to pay extra for an attractive appearance with a similar set of components and choose Chery cars, so sellers have to lower the price.” For owners, this means that when reselling after two to three years they have to factor in a loss of between a third and 40% of the value — depending on the model. The publication also recalls that Exeed was created by Chery as a premium division and, at the start of sales in Russia in 2021, used the double name CheryExeed. Earlier, as reported, Oting SUVs lost a third of their price over two years of use in Russia.