Core Insights - The used car market in China is projected to exceed 20 million transactions by 2025, reaching a historical high [1] - The total transaction volume for used cars is expected to be 20.1 million units, with a year-on-year growth of 2.52%, and a cumulative transaction value of 1.28979 trillion yuan [1] - The market for used new energy vehicles is anticipated to reach 1.6 million units, accounting for 7.9% of the total used car transactions [1] Market Characteristics - The used car market will exhibit four key characteristics by 2025: enhanced cross-regional circulation, increased proportion of new energy used cars, stable average transaction prices, and improved inventory management [1] - The transfer rate of used cars is expected to rise to 34.9% by December 2025, an increase of 4.7 percentage points compared to the previous year [1] - The increase in regional circulation vitality is expected to effectively release the circulation value of used cars and alleviate local dealers' inventory pressure, reflecting a growing consumer preference for used cars beyond regional limitations [1]
二手车交易规模超2000万辆 跨区域流通增强，新能源车占比提升
Ren Min Ri Bao·2026-01-17 22:23