2025年二手车市场交易规模破2000万辆大关，创历史新高

Overall Market Performance - In December 2025, the national used car market recorded a transaction volume of 1.8711 million units, representing a month-on-month increase of 7.15% but a year-on-year decrease of 1.53%. The total transaction value reached 120.672 billion yuan [1] - For the entire year of 2025, the cumulative transaction volume of used cars was 20.108 million units, showing a year-on-year growth of 2.52%, with an increase of 493,800 units compared to the previous year. The cumulative transaction value was 1,289.79 billion yuan [1] Market Trends - The used car market in 2025 saw a significant milestone, surpassing 20 million units in transactions, marking a historical high. This growth reflects strong resilience over the past decade [4] - The market exhibited a "low at the beginning and high at the end" trend, with a notable recovery in the second half of the year as new car prices stabilized and consumer confidence improved [4] Key Characteristics of the Market - The trend of cross-regional circulation of used cars continued to strengthen, with a registration transfer rate of 34.9% in December, up 4.7 percentage points year-on-year. This indicates a shift towards diversified and cross-regional consumer choices [5] - The proportion of used new energy vehicles increased, with 1.6 million units sold in 2025, accounting for 7.9% of total transactions, up 2.2 percentage points from the previous year [5] - The average transaction price of used cars stabilized at 64,500 yuan in December, reflecting a balanced supply-demand structure in the market [5] Inventory Management - The average inventory cycle for used cars was 45 days in December, remaining stable compared to November. Dealers have adopted refined management practices to enhance capital turnover efficiency [6] Vehicle Type Analysis - In December, the transaction volume for basic passenger cars was 1.0273 million units, with a month-on-month increase of 6.22% but a year-on-year decrease of 5.96%. SUVs and MPVs also showed varying trends, with MPVs experiencing a year-on-year increase of 5.67% [10] - For the entire year, the cumulative transaction volume of passenger cars was 15.7397 million units, with MPVs showing a notable growth of 7.36% year-on-year [11] Age of Vehicles - In December, vehicles aged 3-6 years accounted for the largest share of transactions at 42.97%, while vehicles under 3 years old saw a slight increase in transaction volume [14] Regional Performance - The Northeast region showed a remarkable performance in December with a transaction volume growth of nearly 10%. All six major regions experienced varying degrees of growth [15][16][17] - The East China region led with a transaction volume of 519,800 units, while the Central South region followed closely with 516,700 units, both showing strong month-on-month growth [15][16] Cross-Regional Circulation - The registration transfer rate for used cars reached 34.90% in December, with a total of 653,000 units transferred, marking a month-on-month increase of 10.39% [20]