· Second-hand car sales increased by 21% in the first half of the year

A few days ago, the China Automobile Dealers Association released data. In June, the national used car trading market traded 1.033 million used cars, an increase of 3.92% from the previous year, an increase of 25.47% compared with the same period of last year, and the transaction amount was 70.766 billion yuan. On this basis, in the first half of this year, a total of 5.8371 million used cars were sold, an increase of 21.53% over the same period of the previous year, and the transaction amount was 389.592 billion yuan.

More than one million units sold in a single month in June

The data shows that in the first half of this year, the cumulative use of used cars was 5.8371 million, an increase of 21.53% over the same period of the previous year, and the transaction amount was 389.592 billion yuan. Among them, the basic passenger car traded a total of 3,840,400 units, an increase of 20.39%; passenger cars of 610,400 units, an increase of 17.56%; trucks of 519,900 units, an increase of 6.28%.

Among them, in June, the national used car trading market traded a total of 1.033 million used cars, an increase of 3.92% from the previous year, an increase of 25.47% compared with the same period of last year, and the transaction amount was 70.766 billion yuan. From the perspective of its main trading models, the basic passenger vehicles traded a total of 627,700 units, an increase of 6.23% from the previous month; the number of passenger vehicles was 112,800 units, an increase of 6.72% from the previous month; and the number of trucks was 89,000 units, a decrease of 0.66% from the previous month.

Shen Jinjun, president of the China Automobile Dealers Association, said that the burgeoning second-hand car originated from three factors: the growth rate of the used car market, policies and the respect of capital.

It is reported that the used car industry is hot in terms of capital influx. After incomplete statistics, in January, U-same used cars received 500 million U.S. dollars in financing; in February, Car 300 announced that it had nearly 200 million C-round financing; Cars were awarded $100 million in financing; in April, Dashou Motor announced the completion of the $180 million D-round financing, Yi Xin announced the signing of an investment agreement of up to 4 billion yuan; in May, Maimai won 200 million yuan in financing In June, the melon seeds used to get more than 400 million US dollars in round B financing.

Private market share has increased

According to the survey, by 2020, the scale of the number of used car transactions (the number of transfer) will reach 20 million, and the transaction volume will reach 1.5 trillion yuan.

From the change in the proportion of trading volume of each model to the total trading volume, the proportion of second-hand MPV, SUV and other models increased from January to June compared with the same period of last year, increasing by 0.93 percentage points and 0.68 percentage points respectively. And 1.5 percentage points.

Judging from the structural characteristics of the used car market, private cars still occupy the main position in the market from January to June, with a total of 536,400 vehicles, of which cars accounted for 60.27%. There are 5,339,900 domestically produced vehicles and 497,200 imported cars. The second-hand car market is still dominated by domestically produced vehicles.

From the distribution of vehicle age, 3,560 models have traded 2,556,900 units, accounting for 43.80% of the total transaction volume, while the proportion of models within 3 years accounted for 24.44%. It is worth noting that the proportion of models in the age-old structure of the used car market has increased by 4.54% compared with the same period of last year.

In addition, the China Automobile Dealers Association predicts that by 2020, China's second-hand car trading volume is expected to reach 20 million, double the number in 2016.

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