中国汽车流通协会：7月21日至27日二手车市场日均交易量6.50万辆 环比增0.79%

Core Insights - The second-hand car market in China is showing steady performance with an average daily transaction volume of 65,000 units from July 21 to July 27, reflecting a month-on-month increase of 0.79% despite a year-on-year decrease of 1.9% compared to June [1] - The total transaction volume from July 1 to July 27 reached 1.48 million units, with an expected total for the month of around 1.65 million units, remaining stable compared to June [1] Market Dynamics - The new car market's stable pricing has stimulated consumer enthusiasm for trading in old cars, increasing market supply and stabilizing consumer expectations for second-hand car prices, which may reverse the downward price trend [2] - Despite being in a traditional off-season, the second-hand car market is expected to see a small consumption peak due to improved weather, increased travel demand, and upcoming holidays and promotional activities [2] Regional Performance - The East and Southwest regions are the main drivers of market growth, while the Northeast, North China, and Central South regions have shown slight declines [5] - In the East region, the average daily transaction volume reached 22,900 units, with a month-on-month increase of 4.62%, particularly in cities like Nanchang and Shanghai, which saw increases of 7.6% and 6.2% respectively [7] - The North region's average daily transaction volume was 2,500 units, showing a decrease of 3.56%, with Beijing experiencing a decline of 6.1% [7] - The Southwest region recorded an average daily transaction volume of 13,000 units, with a month-on-month increase of 2.59%, driven by growth in Chengdu and Chongqing [8] - The Central South region's average daily transaction volume was 23,300 units, reflecting a decrease of 2.77%, with notable declines in Guangzhou and Nanning [8] - The Northwest region's average daily transaction volume remained stable at 1,000 units, with significant declines in Bazhou and Xining, while Yulin showed strong growth [8]