1月27日，中国汽车流通协会和精真估发布了《2025年度中国汽车保值率报告》。《报告》显示，小米 SU7在纯电动车领域取得第一名，一年保值率高达86.05%。紧随其后的是问界M9 EV、理想MEGA、吉 利星愿以及特斯拉Model X。 对此，小米创办人、董事长兼CEO雷军在微博发文称，感谢每一位用户的认可，感谢一路同行。 f流通协会 精真估 纯电动 保值率排名 | 排名 | 品牌 | 车系 | 年保值率 | | --- | --- | --- | --- | | 1 | וה | 小米SU7 | 86.05% | | 2 | 0 | 问界M9 | 82.44% | | 3 | ■ 理想 | 理想MEGA | 78.56% | | 4 | 吉利银河 | 星愿 | 78.01% | | 5 | 特斯拉 | Model X | 76.38% | | 6 | 极氪 | ZEEKR 009 | 75.49% | | 7 | 特斯拉 | Model 3 | 75.27% | | 8 | 小鹏 | 小鹏MONA M03 | 73.10% | | 9 | 特斯拉 | Model Y | 71.97% | | 10 | 小鵬 ...

据中国汽车流通协会和精真估发布了《2025年度中国汽车保值率报告》，小米SU7在纯电动车领域取得 第一名。小米创办人雷军在微博发文回应称，感谢每一位用户的认可，感谢一路同行。 报告显示，小米SU7一年保值率高达86.05%，夺得头名。紧随其后的是问界M9 EV、理想MEGA、吉利 星愿以及特斯拉Model X。 | 小米SU7保值率第 | | (1989.0) | 84.05% | | --- | --- | --- | --- | | 中国的航班加盟 股票信 | | 网 作者 | R1,4491 | | 2020年度 2000年 10000 | MA 272 | TELENCEA | 71,55% | | | ATATT | 80 | ALDE % | | | 06-16-07 1 | Vinrid I. | 71,000 | | | 129 | 27 Ca2+/804 | 71.800. | | | 2710 107 | PROCEN K | 71,27% | | | 100 | (142) Address MOS | 31.9 Wh | | UTS NUDETI | 64 19 47 | PUXHIT ...

Core Viewpoint - The 2025 Chinese automotive market is undergoing a critical phase of transformation, with the rapid development of the new energy vehicle (NEV) market facing challenges such as price fluctuations, varying residual values, and inconsistent evaluation standards, impacting purchasing decisions [1] Industry Context - The China Automobile Circulation Association and Jingzhenshu are set to jointly release the 2025 Annual China Automotive Residual Value Report, with Yichebang serving as a special media partner for the report [3] - The report aims to address industry pain points and guide market development, becoming an important benchmark for the automotive sector [7] Report Highlights - The report will feature six core data sections, including overall residual values by vehicle category, brand rankings, and specific rankings for pure electric and plug-in hybrid vehicles, providing comprehensive insights into the automotive residual value landscape [5] - The data is based on real market transactions and comprehensive vehicle data, covering mainstream brands and popular models, thus offering clear value guidance for consumers and precise data references for the industry [5] Data Service Capabilities - Jingzhenshu has integrated extensive vehicle production, maintenance, and market transaction data, establishing a robust automotive data service capability that supports various sectors, including used car transactions and automotive finance [8] - The collaboration with Yichebang highlights the recognition of Yichebang's data professionalism and accuracy, reinforcing its influence in the automotive data field [8] Market Impact - The report is expected to enhance the understanding of automotive residual values, which are increasingly important as the second-hand car market becomes a key driver of automotive consumption in China [11] - The ongoing transformation of the automotive market and the improvement of national circulation patterns for used cars will further emphasize the value of automotive data services [11]

对于小米汽车的谣言是一波接一波，甚至越来越离谱，越来越降智！ 比如前两天，有人造谣卢伟冰离职，还有人称小米高层大换血，雷军也要被替换…… $\begin{array}{c}\includegraphics[height=36.135pt]{28.eps}\end{array}$ \(\begin{array}{c}\includegraphics[height=36. 看了这些标题，恍惚感觉小米汽车这是要走上哪吒汽车老路了？ 甚至还有标题称，小米二手车开始"血崩"，标题都将雪崩写成血崩，不知道的还以为小米汽车患了妇科病，然后还称雷军坐不住了…… 而在社交媒体上，还有大量车商哭惨下跪等表演唱衰行情。 还有车商表示砸手里了，在地上撒泼打滚…… 而米黑们，也是抓住这些视频，当成攻击小米的素材，开始全网剪辑传播。 而真实情况到底是什么样的呢？我们看一下下图：小米SU7的一年保值率达88.91%，在一众新势力中排行第一。 | 排名 | 品牌 | 车系 | 年保值率 | | --- | --- | --- | --- | | 1 | והו | 小米SU7 | 88.91% | | 2 | | 问界M9 | 84.45% ...

Core Insights - The AITO M9 has been ranked first in the "China Automotive Retention Rate List" for domestic extended-range hybrid SUVs, as released at the 2025 China Automotive Ba Mangda Grand Ceremony, indicating its strong market position and brand influence [1] - The vehicle has maintained the top position in the plug-in hybrid (including extended-range) category for four consecutive months according to a report by the China Automobile Circulation Association, highlighting its consistent performance in retention rates [1] Market Analysis - Retention rate is a key indicator reflecting product strength, brand influence, and market acceptance, which is crucial for assessing the long-term value of vehicles [1] - The AITO M9's performance in retention rates correlates with its market sales and user reputation, having achieved cumulative deliveries exceeding 260,000 units since its launch [1] Product Features - The AITO M9 is equipped with advanced technologies such as Huawei's Drive ADS 4 driver assistance system, HarmonyOS 4 smart cockpit, and Tuling intelligent chassis, enhancing its appeal in the market [1] - The vehicle offers both extended-range and pure electric versions, along with various seating configurations to cater to different usage scenarios [1] - Continuous OTA updates, comprehensive safety designs, and solutions to range anxiety contribute to the vehicle's long-term usage value and market residual value [1] Industry Trends - The retention rate performance of the AITO M9 in the market segment above 500,000 indicates a shift in competitive factors for high-end new energy products, providing insights into market trends for industry observers [1]

Core Viewpoint - The article discusses the findings of the "2025 November China Car Retention Rate Research Report," highlighting the importance of retention rates as indicators of brand strength and market dynamics, which can inform various business strategies in the automotive industry [2]. Group 1: Retention Rate Insights - The retention rate data reflects the relationship between market conditions, industry trends, and brand development, serving as a comprehensive measure of a brand's product strength, recognition, and reputation [4]. - The retention rate rankings are based on the selling prices of used cars in good condition (B2C), providing a clear picture of market performance [4]. Group 2: Policy Directions - The new national standard for vehicle safety, organized by the Ministry of Public Security, aims to enhance safety measures rather than focusing solely on industrial innovation or commercial issues, indicating a shift towards stricter safety regulations [6]. - The increasing penetration of new energy vehicles and advanced driver assistance systems has led to a rise in safety incidents, necessitating improved legislative and regulatory frameworks [6]. Group 3: Market Trends - The export of second-hand cars is gaining traction, with policies in place to support healthy development in this sector, including the recent initiatives from Shanghai to promote positive examples [8]. - The adjustment of vehicle purchase tax has stimulated consumer demand, leading to a significant increase in the availability of second-hand cars, which in turn supports new car sales [12]. Group 4: Retention Rate Variations - There is a notable decline in retention rates across different vehicle categories, with MPVs and large SUVs generally maintaining higher rates due to their comfort and functionality, while compact cars and small SUVs are experiencing lower rates [15]. - The current trends in product design are affecting the retention rates of compact sedans and small SUVs, although this does not fully capture the demand dynamics in the second-hand market [15]. Group 5: New Energy Vehicle Market Changes - Government procurement plays a crucial role in promoting the new energy vehicle industry, with policies emphasizing the need for specific technical standards, creating commercial opportunities for various vehicle categories [17]. - The competitive landscape for new energy vehicles is intensifying, particularly in the new car market, while the second-hand market shows limited price elasticity, indicating a significant drop in retention rates [20].

Core Insights - The second-hand luxury car market is experiencing significant price drops, with average transaction prices decreasing by over 16% year-on-year in the first nine months of the year, surpassing declines in domestic and joint venture brands [1][2] - The trend of "three years at half price" for second-hand luxury cars has become common, attracting younger buyers who are drawn to the affordability of high-end brands [2][3] - Despite the lower purchase prices, the high maintenance and operating costs of luxury vehicles have led to concerns about affordability, with many buyers finding they can afford the car but struggle with ongoing expenses [2][13] Market Trends - The proportion of 90s buyers in the second-hand luxury car market has increased from 23% in 2019 to 47% in 2024, indicating a growing interest among younger consumers [2] - Popular models like the Porsche Macan and Panamera are seeing significant price reductions, with some models selling for less than 30% of their original prices [3][4] - The competitive landscape has intensified, with dealers facing pressure to price vehicles competitively, leading to thin profit margins on popular models [4][5] Pricing Dynamics - The price of second-hand luxury cars is closely tied to the new car market, with significant discounts on new models leading to accelerated depreciation of used vehicles [7][14] - The highest resale value among luxury brands is held by Porsche, with a three-year depreciation rate of 33.8%, while brands like Infiniti have seen values drop to as low as 36.5% [6][12] - The market for second-hand electric luxury cars is volatile, with prices fluctuating rapidly due to brand perception and market sentiment [8][10] Consumer Behavior - High-net-worth individuals are still the primary buyers of high-end luxury cars, focusing on vehicle condition and rarity rather than ongoing costs [13] - There is a growing segment of consumers looking for affordable luxury options, with many second-hand luxury cars priced below 200,000 yuan, appealing to budget-conscious buyers [13][14] - The high operating costs associated with luxury vehicles, including fuel and maintenance, are becoming a significant concern for potential buyers [13][15]

Core Insights - The article discusses the findings of the "2025 October China Car Retention Rate Research Report," which aims to reflect the comprehensive strength of brands through retention rates, impacting various business operations such as repurchase, replacement, leasing, financing, and new car pricing [2][4] Policy Direction - The new "Roadmap 3.0" outlines five technical directions for the promotion of new energy vehicles (NEVs) in China, with a target of achieving over 80% market penetration by 2040, emphasizing the relationship between sales and pricing [6] Hot Events - A new measure to simplify the new car registration process has been implemented nationwide, with over 5.8 billion users on the "Traffic Management 12123" app, allowing users to complete the entire process online [8] Market Trends - The growth rate of used car supply has slowed down, with the suspension of replacement subsidies in several regions affecting sales momentum. It is expected that the supply of used cars will significantly exceed demand by the end of the year [11] Valuation Trends - There is a long-term downward trend in used car prices, with significant declines observed in the current month. The price drop is consistent across various vehicle categories, particularly during key decision-making periods for dealers [15] New Energy Vehicle Market Changes - The action plan aims to establish 28 million charging facilities by the end of 2027, providing over 300 million kilowatts of public charging capacity to meet the needs of over 80 million electric vehicles [19] Different Types of New Energy Vehicle Retention Rates - The competition among electric vehicles is intensifying, with manufacturers launching new models in October to boost year-end sales and prepare for the early 2026 market. The retention rates for electric and plug-in hybrid vehicles are now closely aligned, indicating a shift in consumer preferences [22]

Core Viewpoint - The current automotive market is undergoing a transformation, with rapid technological advancements and frequent new model launches significantly impacting vehicle depreciation rates, particularly for electric vehicles [3][7]. Group 1: Market Trends - The automotive market is experiencing a surge in new model releases, with over 70 new models launched in September alone, indicating a vibrant sales season [6]. - The average depreciation rate for three-year-old plug-in hybrid vehicles is 43.9%, while pure electric vehicles have an average depreciation rate of 42.6%, both lower than traditional fuel vehicles, which maintain an average depreciation rate above 50% [4][6]. Group 2: Factors Influencing Depreciation - The rapid iteration of technology, especially in electric vehicles, leads to accelerated depreciation of older models, as the technology update cycle has shortened from 3-5 years to 1-2 years [9]. - Brand influence remains a core factor in determining vehicle depreciation rates, with luxury and mainstream brands maintaining higher resale values due to brand equity [8]. - Market ownership levels directly affect the liquidity of the used car market, with models that have higher ownership typically offering better after-sales service and parts supply, thus preserving their second-hand value [8]. Group 3: Consumer Guidance - Consumers are advised to focus on the three-year depreciation rate data of target models before purchasing, as this reflects the long-term value trajectory of vehicles [11]. - Choosing brands with stable pricing strategies is crucial, as those that avoid frequent price wars tend to maintain higher depreciation rates [11]. - The importance of after-sales service and warranty policies, particularly for electric vehicles, is emphasized, as these factors can alleviate consumer concerns about battery degradation and enhance vehicle resale value [12].

Core Insights - The automotive market in September saw a record number of new model releases, leading to a surge in consumer purchases, but many buyers faced rapid depreciation of their vehicles [2][3] - The average resale value of plug-in hybrid vehicles is only 43.9% after three years, while pure electric vehicles have an even lower average of 42.6%, both significantly below traditional fuel vehicles [2][3] - The rapid introduction of new models and aggressive pricing strategies by manufacturers are contributing to the depreciation of vehicles, particularly in the electric vehicle segment [4][8] Market Trends - Over 70 new models were launched in September, indicating a strong sales season [3] - The automotive consumption index rose by 15.2% in August, signaling the arrival of the traditional sales peak [3] - Price wars have intensified, with companies like Tesla reducing prices, prompting competitors to follow suit [3][8] Depreciation Factors - The rapid pace of technological advancement and frequent model updates are accelerating vehicle depreciation, especially for electric vehicles [4][7] - Brand influence remains a key determinant of resale value, with luxury and mainstream brands maintaining higher average resale values [4][5] - The average resale value for three-year-old electric vehicles is only 43.25%, while traditional fuel vehicles often exceed 45% [3][5] Consumer Guidance - Consumers are advised to reference authoritative resale value data before purchasing, focusing on three-year resale rates to gauge long-term value [9] - Choosing brands with stable pricing strategies is crucial, as these brands tend to maintain higher resale values [9][10] - The importance of after-sales service and warranty policies, particularly for electric vehicle batteries, is emphasized as a factor in maintaining vehicle value [9][10]