Cheng Lian branch Cui Dongshu: The cumulative transaction volume of used cars nationwide in 2025 is 20.11 million units, an increase of 2.5% year-on-year.

On February 7, the Secretary-General of the China Automobile Dealers Association, Cui Dongshu, stated that in December 2025, the national second-hand car market trading volume reached 1.87 million units, up 7% month-on-month but down 1.5% year-on-year, with a transaction amount of 120.7 billion yuan, up 0.6% year-on-year. From January to December 2025, the cumulative trading volume of second-hand cars reached 20.11 million units, up 2.5% year-on-year, with a transaction value of 1.2898 trillion yuan, up 0.4%. The proportion of second-hand car transfers has fluctuated between 25% and 30% in recent years, reaching a historical high of 34% in December 2025. In December 2025, the national new energy second-hand car market trading volume reached 169,000 units, up 8.7% month-on-month and 36.5% year-on-year, with a new energy penetration rate of 12%. From January to December 2025, the cumulative trading volume of new energy second-hand cars reached 1.61 million units, up 43% year-on-year.