中国汽车流通协会：10月1-12日二手车市场日均交易量达7.51万辆 环比增长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 during the first 12 days of October 2025, representing a 4.98% increase compared to the end of September [1] - The market is supported by promotional activities from dealers during the National Day holiday, which led to a 15% increase in offline customer traffic compared to the end of September [1] - However, challenges persist, including weak profitability for dealers, with gross margins remaining between 3% and 4%, and significant vehicle turnover issues, particularly for new energy vehicles, which have a turnover period of 30 days [1][3] Market Trends - The fourth quarter is traditionally a peak season for the second-hand car market, driven by increased replacement rates, ample vehicle supply, and improved customer traffic [3] - Dealers are advised to adopt a cautious approach in their fourth-quarter strategies, focusing on optimizing inventory structure and controlling capital usage to mitigate risks associated with residual value fluctuations and inventory turnover [3] Regional Performance - The overall second-hand car market shows steady growth, with notable increases in transaction volumes in Northeast, East China, Southwest, and Central South regions, while North and Northwest regions experienced slight declines [6] - In East China, the average daily transaction volume reached 26,200 vehicles, with cities like Hangzhou, Wenzhou, and Jinhua seeing transaction volume increases exceeding 20% [7] - North China reported an average daily transaction volume of 2,700 vehicles, with significant declines in Beijing and Tianjin, where transaction volumes dropped by over 10% [7] - The Northeast region saw an average daily transaction volume of 2,700 vehicles, with Longcheng showing a remarkable increase of over 20% [8] - The Southwest region's average daily transaction volume was 13,700 vehicles, with Chengdu and Chongqing both experiencing transaction volume increases of 15% [8] - In Central South, the average daily transaction volume was 28,700 vehicles, with Wuhan and Haikou showing strong growth, both exceeding 25% [9] - The Northwest region had an average daily transaction volume of 1,100 vehicles, with significant declines in Xining and Wuzhong, while markets in Xi'an and Bazhou showed notable increases [9]