Last year, the total number of transactions surpassed 20 million vehicles- improving the efficiency of the second-hand car market.

In 2025, driven by factors such as policy support, the increasing penetration of new energy vehicles, and digital acceleration, China's second-hand car market transaction volume surpassed 20 million for the first time, reaching a historic high. According to the latest data from the China Automobile Dealers Association, the cumulative transaction volume of second-hand cars in 2025 was 20.108 million units, an increase of 493,800 units compared to the previous year, an increase of 2.52%. The cumulative transaction amount was 1.28979 trillion yuan, with market size and transaction value rising simultaneously. Since 2016, after 10 years of development, the scale of second-hand car transactions has crossed from millions to 20 million, demonstrating strong development resilience.