Sure it does. The way a new car keeps value is a factor in how popular a car is. High demand for 10 year old models will influence how well new models sell.

It's e.g. the main reason why you'll wait months if you want to buy a new Volkswagen van, even though it is tens of thousands of dollars more expensive than similar vans. Much easier justifying buying a T7 when T5s with 100k miles still sell for more than other vans cost new.