depend on how the market demand and supply work lo. even japanese car also cannot run from steep price drop when the competition is there.

take china car market, lexus es200 in year 2021 need to add 20k rmb to get the car which sold at around 300k rmb rrp

now year 2024 es200 can get 80k rmb discount.

so if owner bought it at 2021 with 320k rmb, now selling at around 210k rmb and after 3 years depreciation the car value left like half only.

car got no problem just that the value of the car getting back to its original place