Unusual: the Xiaomi YU7 is more expensive used than new!
This page is translated from the original post "Insolite : la Xiaomi YU7 est plus chère en occasion que neuve !" in French.
- 22/07/2025 9:34
Victim of its success with delivery times exceeding a year, the electric SUV Xiaomi YU7 achieves the feat of speculation.
The speculative phenomenon will not last, everyone knows that, but it is nonetheless rare enough these days to be noted. Especially when talking about an electric car. Is it evidence that a psychological shift is taking place in customer approach?
The facts are stubborn: today, the Xiaomi YU7 available on the second-hand market in China are selling for more than new ones. The cause is lengthy delivery times that invite the most impatient to pay a premium to bypass the queue.
On its first day of sale, the new Chinese electric SUV, an admitted rival to the Tesla Model Y, recorded more than 200,000 orders in the span of 3 minutes! And more than 250,000 in less than 24 hours.
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The average price increase observed on authoritative second-hand sites in China would be around 2,400 euros, but some high-end finishes can reach over 7,000 euros!
In a global society where the latest novelty is a must-have, the idea of having to wait sometimes up to 60 weeks – more than a year indeed! – for a Xiaomi YU7 is unbearable for some customers.
Xiaomi less clever than Tesla?
Xiaomi did not want to play the game of Tesla, which anticipated the phenomenon with its electric pickup Cybertruck. The American manufacturer had prohibited resale by imposing a commercial clause stating that Tesla had priority to buy back the vehicle at a pre-determined price based on its age and mileage.
Some customers tried to outsmart the system and were sued by Tesla.
However, Xiaomi is currently riding a strong anti-American wave in China. Customers are turning away from Tesla to embrace a patriotic stance amid the trade war between the two largest economies in the world.
The sense of history is clear: the YU7 will lose value as more units hit the road. Xiaomi delivered more than 300,000 cars in 2024, a number that is expected to double in 2025, meaning nearly 1,500 cars produced per day.
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