二手车跨区域跑起来

Core Insights - The Chinese used car market is projected to reach a transaction volume of 20.108 million units by 2025, marking a historic high and a significant increase from 10.39 million units in 2016, indicating a shift towards a dual focus on new and used cars in the automotive market [2][3] Market Dynamics - The total number of vehicles in China reached 363 million by the end of Q3 2025, providing a substantial "reservoir" for the expansion of the used car market. The production and sales of new cars are expected to exceed 34 million units in 2025, further fueling the growth of used car transactions [3] - The increasing transaction volume of used cars is attributed to the rapid turnover of vehicle ownership, particularly among young consumers and those in lower-tier cities, who are increasingly opting for used cars as their first or additional purchase [4][5] Policy and Regulatory Environment - A series of reforms aimed at facilitating cross-regional transactions have been implemented, including the removal of restrictions on the transfer of certain used vehicles and the promotion of efficient circulation in the used car market. These measures have addressed systemic barriers and significantly boosted market growth [6][9] - By December 2025, the rate of used car transfers reached 34.9%, an increase of 4.7 percentage points year-on-year, indicating enhanced cross-regional circulation and market activity [7] Emerging Trends - The proportion of used new energy vehicles (NEVs) is on the rise, with 1.6 million NEVs expected to be sold in the used car market by 2025, accounting for 7.9% of total used car transactions. This growth is driven by the increasing ownership of NEVs and the entry of these vehicles into the used market as owners seek to upgrade [8][10] - The digitalization of used car sales channels has become prominent, with platforms offering online and offline services that enhance transparency and consumer trust. This shift has expanded the geographical reach of used car transactions, allowing consumers to purchase vehicles from across the country [11][12] Future Outlook - The automotive industry is expected to stabilize, with the implementation of trade-in policies and competitive governance leading to a favorable environment for the used car market. The transaction volume is anticipated to continue its steady growth into 2026 [13]