China Automobile Dealers Association: National used car market transaction volume in August was 1,516,300 units, down 2.90% month-on-month.

The China Automobile Dealers Association stated in a release that in August 2026, the national used car market transaction volume was 1,516,300 units, down 2.90% month-on-month and down 11.19% year-on-year, with a transaction value of 96.972 billion yuan. From January to August 2026, cumulative used car transaction volume was 12,791,100 units, down 1.14% year-on-year, a decrease of 147,300 units compared with the same period, with cumulative transaction value of 839.972 billion yuan. Analysis of the Used Car Segment Structure in August 2026 Passenger vehicles: In August, a total of 808,500 basic passenger cars were traded, down 3.06% month-on-month and down 15.16% year-on-year; a total of 197,800 SUVs were traded, down 2.96% month-on-month and down 12.07% year-on-year; a total of 108,000 MPVs were traded, down 3.53% month-on-month and down 5.05% year-on-year; a total of 37,200 crossover passenger cars were traded, down 1.23% month-on-month and down 11.52% year-on-year. Commercial vehicles: A total of 90,500 buses were traded, down 4.07% month-on-month and down 4.89% year-on-year; 128,800 trucks were traded, down 1.52% month-on-month and down 14.0% year-on-year. From January to August, cumulative passenger vehicle transactions were 9,789,400 units, down 3.97% year-on-year. Among them: cumulative basic passenger car transactions were 6,885,500 units, down 5.79% year-on-year; a total of 1,688,100 SUVs were traded, down 1.28% year-on-year; a total of 907,600 MPVs were traded, up 6.87% year-on-year; a total of 308,200 crossover passenger cars were traded, down 5.48% year-on-year. Cumulative commercial vehicle transactions were 1,849,600 units, up 1.24% year-on-year. Among them: a total of 1,086,900 trucks were traded, down 0.83% year-on-year; 762,700 buses were traded, up 4.35% year-on-year. Analysis of Vehicle Age of Used Cars Traded in August 2026 In August, used cars aged 3-6 years accounted for the largest share of transactions at 45.7%, up 0.6 percentage points month-on-month and up 3.4 percentage points year-on-year; models aged within 3 years accounted for 31.9%, up 0.2 percentage points month-on-month and up 6.0 percentage points year-on-year; models aged 7-10 years accounted for 13.9%, down 0.5 percentage points month-on-month and down 4.8 percentage points year-on-year; models aged over 10 years accounted for 8.5%, down 0.2 percentage points month-on-month and down 4.6 percentage points year-on-year. Used Car Transactions in Six Major Regions in August 2026 In August 2026, the national used car market continued its overall correction trend, with transaction volumes in most of the six major regions declining month-on-month, showing a market pattern of broad declines with only a few regions posting slight increases. Transaction volumes in core regions remained high, but month-on-month trends diverged: declines in East China and Northwest China were relatively moderate, while pullbacks in Central South China and North China widened somewhat; only Southwest China achieved slight positive growth, while Northeast China shifted from previously flat performance to a clear decline. The national market as a whole continued to face pressure, with total transaction volume continuing to contract from the previous month. Used car transaction volume in East China was 431,100 units, down 1.47% month-on-month, still ranking first nationwide and maintaining a solid position as the regional leader. This month continued the correction but the decline narrowed significantly from last month, smaller than the national average, indicating that the earlier contraction trend eased somewhat. Used car transaction volume in Central South China was 419,700 units, down 3.75% month-on-month, maintaining the second-largest transaction scale nationwide. This month continued to decline and the drop widened from last month, higher than the national average, as demand continued to weaken and the transaction volume gap with East China widened slightly. Used car transaction volume in North China was 231,500 units, down 5.73% month-on-month, ranking third nationwide. The decline this month increased noticeably from last month and was significantly higher than the national average, highlighting market adjustment pressure, with the transaction scale contracting notably in the period. Used car transaction volume in Southwest China was 207,300 units, up 0.62% month-on-month, the only segment among the six major regions to achieve positive month-on-month growth. This month shifted from an earlier correction to a slight increase, with transaction scale continuing to rank fourth nationwide, showing signs of stabilization and demonstrating some resilience amid the nationwide decline. Used car transaction volume in Northeast China was 135,400 units, down 5.94% month-on-month, the largest decline among the six major regions. This month shifted from slight growth/flat performance last month to a clear decline, breaking the earlier pattern of resistance to fluctuations, with prominent signs of a phased market weakening, while transaction volume still ranked fifth nationwide. Used car transaction volume in Northwest China was 91,400 units, down 1.26% month-on-month. The decline was relatively small, and affected by a relatively small base, the fluctuation range was limited, with overall operations remaining relatively stable. Cross-Regional Circulation in August 2026 In August, the used car transfer registration rate was 30.80%, down 1.1 percentage points from the previous month and basically flat compared with the same period last year. Total used car transfer registrations were 467,000 units, down 6.15% month-on-month and down 11.3% from the same period last year.