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With the landing and implementation of various favorable policies, especially the "blocking points" such as tax reductions and restriction policies, the second-hand car market is expected to become a new blue ocean for China's automobile consumption. According to the China Automobile Dealers Association, the mainland's used car trading volume will exceed 19 million in 2022, and will launch an impact on 20 million vehicles.
Comments: With the upgrading of automobile consumption and the opening of the national three-child policy, the consumption structure of second-hand cars is also changing, and the market share of SUVs and MPV models is also further expanding, of which SUV models have the most obvious growth, with a growth rate of more than 40%.
Which area has the highest circulation of used cars?
Comments: In 2021, the transaction volume in all regions has increased, and with the improvement of the national economic situation, the demand for automobile consumption has increased, and the activity of second-hand car trading has increased.
How many years of used car trading is the highest?
Comments: In recent years, the proportion of used cars aged more than 7 years in the mainland has gradually increased, gradually decreased in 3-6 years, and the overall change within 3 years is small. Mainly the users who buy used cars have a higher chance of re-selling than new cars, and used cars usually change hands many times, and the age of the car gradually increases.
Which level of used cars sell best?
Comments: In 2021, the proportion of small and micro cars has declined compared with last year, and compact sedans and above models have shown an increasing trend.
Source: Melon used car
Data source: 58 same city, renren car
Data source: 58 same city, renren car
According to the analysis of the China Automobile Dealers Association, in the future, with the near increase in China's automobile ownership, the soundness of the second-hand car trading system, the continuous improvement and landing of policies, and the solution of the asymmetric information problem of the second-hand car, the future growth space of the second-hand car market is huge.
(Comment expert: Cui Dongshu, Secretary General of the National Passenger Car Market Information Joint Association)