Shulou(Shulou.com)11/24 Report--

According to CTOnews.com news on October 22, Cui Dongshu, secretary general of today's passenger car Market Information Joint Association, issued an article through his personal official account to analyze the domestic used car market in the first three quarters of this year.

The main data summarized by CTOnews.com are as follows:

Data show that from the first to the third quarter of 2023, local public security traffic control departments handled a total of 25.05 million motor vehicle transfer registrations, including 23.31 million motor vehicle transfer registrations.

Among them, sales of used cars from January to August this year reached 11.9 million, an increase of 13% over the same period last year, and the development of the used car industry is back on the fast track.

The trading volume of used cars on ▲ Tuyuan Cui Dongshu official account has gradually increased, reaching 1.0596 trillion yuan last year and 741.9 billion yuan from January to August this year, reflecting the continuous improvement of the product grade of used car trading.

Among the second-hand cars, the performance of the new car transaction is strong, mainly because the new energy vehicle becomes the composition of the second-hand car. Among them, the growth of second-hand cars within three years is relatively outstanding, accounting for 28% of the total proportion of 3-6-year-old second-hand cars reaching 44%. Cui Dongshu said that the proportion of used cars within 6 years of age accounted for 73%.

In August this year, 37% of new energy used cars with a service life of less than 2 years accounted for about 37%, while those with a useful life of 4-6 years accounted for about 37%, while those with a service life of 4-6 years accounted for 19.2%. The proportion of more than 6 years accounted for 6.9%, significantly higher than the same period of last year and month-on-month.

In terms of preservation rate, the three-year-old preservation rate of new energy vehicles is still at a low level, and the regularity of monthly change is not big, which is completely normal.

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