二手车市场流通效率提升

Core Insights - The second-hand car market in China is projected to exceed 20 million transactions for the first time in 2025, driven by policy support, increased penetration of new energy vehicles, and accelerated digitalization [1] Group 1: Market Growth and Trends - In 2025, the cumulative transaction volume of second-hand cars is expected to reach 20.108 million units, an increase of 493,800 units year-on-year, representing a growth of 2.52% [1] - The total transaction value is anticipated to be 1.28979 trillion yuan, indicating a simultaneous rise in market size and transaction value [1] - The market is characterized by a "low first half, high second half, and a rebound" trend, with a notable 7% month-on-month increase in December [1] Group 2: Market Characteristics - The second-hand car market is expanding in scale, optimizing its structure, improving circulation efficiency, and diversifying its operating entities [2] - The proportion of second-hand new energy vehicles has significantly increased, with commercial vehicles growing faster than passenger vehicles, reflecting a shift in consumer demand towards high cost-performance and low operating costs [2] - Cross-regional circulation is enhancing, with an increasing transfer rate, leading to a gradual formation of a national circulation pattern [2] Group 3: Digitalization and Consumer Trust - The rise of second-hand car data service platforms is crucial for establishing a trust system within the industry, providing verifiable data on vehicle conditions [3] - Digital platforms are addressing consumer concerns about vehicle transparency, making online purchases more appealing to younger consumers [3] Group 4: Future Outlook and Policy Support - In 2026, the second-hand car market is expected to continue expanding, supported by stable new car prices and the implementation of trade-in policies [4] - Recent policies from multiple government departments aim to promote green consumption and support the development of the second-hand car market, including measures to enhance transaction processes and break down information barriers [4] - Experts suggest that improving transaction processes and establishing unified certification standards for second-hand cars will be key to unlocking consumer potential in this market [4] Group 5: New Energy Vehicle Market - In 2025, the transaction volume of second-hand new energy vehicles is projected to reach 1.6 million units, accounting for 7.9% of the total transaction volume, an increase of 2.2 percentage points from the previous year [5] - The rapid pace of technological iteration in new energy vehicles presents challenges, necessitating improvements in detection and valuation technologies [6]