崔东树：1-6月二手车957万台增2%，交易额6232亿元降0.3%

Core Insights - The second-hand car market in China is experiencing significant growth, with a transaction volume of 1.6575 million units in June 2025, reflecting a month-on-month increase of 3% and a year-on-year increase of 9% [1] - The total transaction value for second-hand cars in June 2025 reached 106.8 billion yuan, marking a year-on-year increase of 9.2% [1] - For the first half of 2025, the cumulative transaction volume of second-hand cars was 9.57 million units, showing a year-on-year increase of 2%, while the transaction value was 623.2 billion yuan, slightly down by 0.3% [1] Market Dynamics - The Chinese second-hand car market is still developing compared to advanced countries, indicating a low transaction ratio [1] - The market for second-hand cars is in a rapid growth phase, with significant potential for future development, particularly due to the rise of new energy vehicles [1] - Government policies promoting vehicle scrappage and replacement are boosting the second-hand car business for automotive dealer groups, leading to robust growth in this sector [1] Future Outlook - The implementation of the vehicle trade-in policy is expected to exceed initial targets, with some regions achieving their subsidy goals ahead of schedule [1] - The second-hand car market is anticipated to experience strong growth in 2025, driven by the trade-in program [1]