2025年二手车年度数据出炉：交易量首破2000万辆

Core Insights - The Chinese used car market achieved a record transaction volume of 20.108 million units in 2025, marking a year-on-year growth of 2.52% and a total transaction value of 1.28979 trillion yuan [1] - December 2025 saw a monthly transaction volume of 1.8711 million units, reflecting a month-on-month increase of 7.15%, although it experienced a slight year-on-year decline of 1.53% [1] - The market demonstrated a "low in the front, high in the back" trend throughout the year, with a recovery in consumer confidence and market activity in the second half of the year [1] Market Dynamics - The inter-regional circulation of used cars significantly increased, with a transfer rate of 34.9% in December 2025, up 4.7 percentage points year-on-year, indicating enhanced commodity attributes and broader circulation [2] - The share of used new energy vehicles rose steadily, with 1.6 million units traded in 2025, accounting for 7.9% of total transactions, an increase of 2.2 percentage points from the previous year [2] - The average transaction price of used cars remained stable at 64,500 yuan in December 2025, showing slight increases both month-on-month and year-on-year, reflecting a more balanced supply-demand relationship [2] - The inventory cycle for used cars stabilized at 45 days, with dealers adopting refined inventory management strategies to enhance operational efficiency [2] Segment Performance - In the passenger car segment, basic passenger cars (sedans) accounted for 11.2595 million units sold, a slight year-on-year decline of 0.44%, while MPVs saw a notable growth of 7.36% [3] - The commercial vehicle segment emerged as a significant growth area, with total transactions of 2.8692 million units, a year-on-year increase of 7.70%, particularly driven by an 8.98% rise in light trucks [3] - The age distribution of traded vehicles showed that cars aged 3-6 years remained the primary focus, comprising 42.97% of transactions, with increases in both newer and older vehicles [3] Future Outlook - The automotive industry is expected to maintain a stable competitive order, with policies like "trade-in for new" further promoting consumption, which will create a favorable environment for the used car market [4] - The used car market is projected to continue expanding steadily, focusing on improving circulation efficiency, developing the new energy used car segment, and optimizing service operations [4]