Circulation barriers have been gradually removed, and the growth rate of second-hand SUVs exceeded 40% last year

2022-06-03 0 By

China Automobile Dealers Association has released an in-depth analysis report on the country’s used car market in 2021.In 2021, 17.5851 million used cars were traded, up 22.62 percent from the previous year.In 2021, various models have different degrees of growth compared with 2020, among which SUV models have the most obvious growth, with a growth rate of more than 40%.The circulation Association pointed out that in 2021, the transaction volume of each region has increased, this year as the national economic situation is improving, automobile consumer demand increased, second-hand car trading activity increased.The low base effect of the previous year (2020) has gradually diminished.In the same period of the previous year, due to the impact of the epidemic, 14.34 million used cars were traded in China. Based on the data of the same period in 2019, the transaction volume of used cars increased by 17.84% compared with the same period in 2019.Meanwhile, the number of used cars traded nationwide in December 2021 was 1.618,200, down 5.25 percent year on year.Since the fourth quarter, year-on-year negative growth has been recorded, mainly due to the spread of the epidemic and the high base of the same period of the previous year.However, from the perspective of the trading curve in 2021, the overall trend presents a shock upward. December is still the highest point of the year, basically consistent with the trading trend of previous years.In general, the first quarter of 2021 was the least affected by factors such as the Spring Festival holiday.The second and third quarters of second-hand transactions are relatively stable, accounting for the basic flat.In the fourth quarter, affected by adverse factors such as the spread of the epidemic, the proportion of second-hand car trading volume fell significantly compared with the previous two years, but it was still the highest for the whole year.In 2021, the transaction volume of used cars in the six regions of China increased significantly from the same period last year.The most obvious increase was in the central and southern regions, which increased 26.26% compared with the same period of the previous year, with the volume of used car transactions reaching 4.9703 million;This was followed by the Southwest region, which saw a year-on-year growth of 25.94%, with 2.5035 million second-hand car transactions.The northwest region saw a year-on-year growth of 24.19%, with 914,100 second-hand cars traded;East China saw a year-on-year growth of 22.59%, with the volume of used car transactions reaching 5.8737 million;The northeast and North China regions traded 1.1590 million and 2.1645 million units respectively, up 15.13% and 14.95% from the same period of the previous year.The association pointed out that with the gradual elimination of barriers to the circulation of second-hand cars in various regions of the country, the free circulation of second-hand cars in the country is getting faster and faster, which is a positive factor to promote the domestic second-hand car trade in the past 10 years, the conversion rate has been increasing year by year.The figure shows that in 2021, 27.32 percent of Chinese citizens will be naturalized.In terms of transaction type, in 2021, a total of 10,591,100 basic passenger cars will be traded, with a year-on-year growth of 23.34%.1,320,300 passenger cars, up 7.02% year on year;There were 1.4538 million trucks, up 9.63% year on year;The number of SUVs reached 1.9763 million, up 44.18% year on year.MPV 1.0086 million, with a year-on-year growth of 21.24%;There were 402,300 crossover passenger vehicles, up 18.59 percent year on year.In 2021, from the overall sales of cars at all levels, A-class cars are still the most popular models in the second-hand car market, accounting for 48.79% on average, up 0.38% from the previous year.Second, B-class cars accounted for 22.6% on average, up 0.7% from the previous year, C-class and D-class cars accounted for 7.11% and 1.99%, up 0.76% and 0.24% respectively.A00 and A0 decreased by 1.34% and 0.74% respectively, accounting for 4.96% and 14.56%.In 2021, the proportion of small and micro cars decreased compared with the previous year, while compact cars and above level models showed an increasing trend.The distribution of used car price range in 2021 is as follows:The price range of vehicles between 30,000 yuan and less decreased by 0.62%, that between 30,000 yuan and 50,000 yuan increased by 0.25%, that between 50,000 yuan and 80,000 yuan decreased by 0.53%, that between 80,000 yuan and 120,000 yuan increased by 0.04%, that between 120,000 yuan and 150,000 yuan decreased by 0.5%, that between 150,000 yuan and 300,000 yuan increased by 0.99%, and that above 300,000 yuan increased by 0.37%.Among them, the price range of less than 50,000 yuan decreased by 0.37 percent year-on-year, the price range of 50,000 to 150,000 yuan decreased by 0.99 percent year-on-year, and the price range of more than 150,000 yuan increased by 1.36 percent year-on-year.In 2021, 4.148 million vehicles with cars less than 3 years old were traded, accounting for 23.59 percent of the total transaction volume, down 0.32 percentage points compared with the same period of the previous year.A total of 6.3559 million vehicles with 3-6 years of age were traded, accounting for 36.14% of the total transaction volume and 1.62 percentage points lower than the same period of the previous year.Models between 7 and 10 years old accounted for 0.16 percentage points lower than the previous year, accounting for 24.06% of the total transaction volume, with a total of 4.2308 million vehicles traded.Vehicles more than 10 years old accounted for 2.11 percentage points more than the same period of the previous year, with a total of 2.80,500 vehicles traded.New-energy second-hand cars: Low-end models are trading hot in new-energy second-hand cars nationwide. In 2021, those within the price range of 30,000 yuan accounted for 28.03%, down 4.61% year on year.The vehicle market between 30,000 yuan and 50,000 yuan accounted for 22.98%, down 6.48% year-on-year.The proportion of vehicles between 50,000 and 80,000 was 16.81%, down 0.89% year on year.The number of vehicles between 80,000 and 120,000 accounted for 14.19%, up 2.31% year on year.The number of vehicles between 120,000 and 150,000 accounted for 6.06%, up 1.64% year on year.The number of vehicles between 150,000 and 300,000 accounted for 6.99 percent, up 4.73 percent year on year.The segment of 300,000 yuan or more accounted for 4.94%, up 3.29% year on year.In terms of service life of new energy second-hand cars, those with service life less than 2 years accounted for 22.6%, down 11.8% year-on-year.2-4 years accounted for 40.4%, down 10.1% year on year.Transactions with a service life of 4-6 years accounted for 30.7%, up 17.7% year on year.Transactions with a service life of more than six years accounted for 6.2 percent, up 4.1 percent year-on-year.In terms of numbers, low-end new energy second-hand cars are still the main trading force, and with the gradual popularity of new energy vehicles, the years of tradable models are also getting longer.By Deng Li, Guangzhou Daily, New Flower City