2025年，中国二手车交易规模首超2000万辆——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 [1][2]. 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 [2]. - The production and sales of automobiles in China are expected to exceed 34 million units in 2025, further driving the growth of the used car market as more vehicles enter the circulation [2]. Consumer Trends - Used cars are increasingly becoming a preferred choice for young consumers and those in lower-tier cities due to cost savings, with significant savings on purchase price and taxes compared to new cars [3]. - The growing trust and transparency in the used car market have led to a shift from a fragmented market to a more standardized and organized one, enhancing cross-regional circulation [3]. Policy and Regulatory Changes - A series of reforms initiated in 2016 aimed at facilitating used car transactions have significantly boosted market activity, including the removal of restrictions on the transfer of certain used vehicles [4]. - By 2025, various local governments are implementing measures to streamline used car sales and enhance the efficiency of transactions, including the promotion of a digital information platform for used car circulation [4]. Market Performance - The used car transfer rate reached 34.9% by December 2025, an increase of 4.7 percentage points year-on-year, indicating a growing trend in cross-regional circulation and market activity [5]. - The transaction volume of used new energy vehicles (NEVs) is expected to reach 1.6 million units in 2025, accounting for 7.9% of the total used car transactions, reflecting a growing acceptance among consumers [7]. Digital Transformation - The used car transaction channels are increasingly digitalized, allowing consumers to access a wider range of vehicles and services online, thus breaking down geographical barriers [9][10]. - Platforms are enhancing consumer confidence through comprehensive vehicle inspections and robust after-sales services, which are crucial for addressing consumer concerns [11]. Future Outlook - The used car market is anticipated to continue expanding in 2026, supported by stable new car prices and ongoing policies promoting vehicle trade-in programs [11].