Core Insights - The average daily transaction volume in the used car market decreased to 68,900 units from October 13 to 19, 2025, reflecting an 8.3% week-over-week decline, although this level remains higher than the same period in September [1] - Cumulatively, from October 1 to 19, the used car transaction volume reached 1.29 million units, representing a 6.6% increase compared to September, with an estimated total of around 1.87 million units for the entire month [1] Market Performance - 32% of used car businesses reported a decline in store traffic, while 46% indicated that current transaction volumes are stable compared to early September [2] - 60% of businesses noted that used car prices remained consistent with the previous week, while 25% reported prices continuing to decline, particularly in the mid-range segment priced between 100,000 to 200,000 yuan [2] Economic Context - Key macroeconomic indicators remained stable in the first three quarters, with a 5.1% year-over-year increase in per capita disposable income and a 4.5% increase in total retail sales of consumer goods [2] - The automotive consumption amount reached 35,923 billion yuan, showing a 1% year-over-year growth [2] Future Outlook - The fourth quarter is traditionally a peak season for the used car market, supported by increased replacement rates, ample vehicle supply, and improved customer traffic [2] Regional Analysis - The North China region saw a 9.52% increase in average daily transaction volume, with Beijing experiencing a notable 20% growth [6] - The Northeast region reported a 7.52% decline, with Shenyang showing a significant drop of nearly 30% [7] - The Southwest region experienced a 10.46% decrease, with Kunming's transaction volume dropping over 25% [8] - The Central South region's average daily transaction volume fell by 8.57%, with Wuhan and Pingdingshan showing declines exceeding 25% [8]
中国汽车流通协会:10月13日-19日二手车市场日均交易量回调至6.89万辆 全月交易量预计在187万辆左右
智通财经网·2025-10-23 09:04