中国汽车流通协会：10月1日—12日二手车市场日均交易量环比9月底增长4.98%

Core Insights - The second-hand car market in China is experiencing increased activity, with an average daily transaction volume of 75,100 vehicles from October 1 to 12, reflecting a 4.98% increase compared to the end of September [1] Market Activity - The National Automobile Circulation Association reported that promotional activities by second-hand car dealers during the National Day holiday significantly boosted offline customer traffic, which increased by approximately 15% compared to the end of September [1] - The extended purchasing cycle among consumers is evident, with potential customers who inquired during the holiday now entering the conversion phase, contributing to the growth in transaction volume [1] Challenges in the Market - Despite the increased activity, second-hand car dealers are facing weak overall profitability, with gross margins remaining in the range of 3% to 4%, indicating low profit potential [1] - Vehicle turnover efficiency is under pressure, with warning signs regarding turnover cycles; the turnover days for second-hand electric vehicles have reached 30 days (warning threshold), while for fuel vehicles, it is approximately 45 days, indicating a need for improved inventory liquidity [1]