Text/Yangcheng Evening News all-media reporter Zhang Aili
Photo: China Automobile Dealers Association
The national second-hand car market is ushering in rapid development. Recently, the China Automobile Dealers Association released an in-depth analysis report on the national used car market in 2021, showing that in 2021, the transaction volume of used cars was 17.5851 million units, an increase of 22.62% over the previous year. In 2021, each model has different degrees of growth compared with 2020, of which SUV models have the most obvious growth, with a growth rate of more than 40%.
The national trading volume has increased significantly
The circulation association pointed out that in 2021, the transaction volume in all regions has increased, and this year, with the improvement of the national economic situation, the demand for automobile consumption has increased, and the activity of second-hand car trading has increased. The low-base effect of the 2020 epidemic has gradually weakened. Affected by the epidemic in the same period of 2020, the national second-hand car trading volume was 14.34 million units, and with reference to the data of the same period in 2019, the second-hand car trading volume increased by 17.84% compared with the same period in 2019. At the same time, in December 2021, the national used car trading volume was 1.6182 million units, down 5.25% from the same period of the previous year. Since the fourth quarter, there has been a continuous negative year-on-year growth, mainly due to the impact of the sporadic epidemic and the higher base of the same period in the previous year. However, from the perspective of the trading curve in 2021, the overall trend is a volatile upward trend, and December is still the highest point of the whole year, which is basically consistent with the trading trend of previous years.
Overall, the first quarter of 2021 was affected by factors such as the Spring Festival holiday and the smallest proportion of transaction volume. Second-hand transactions in the second and third quarters were relatively stable, and the proportion was basically flat. In the fourth quarter, due to unfavorable 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 high point of the whole year.
In 2021, the trading volume of used cars in the six major regions of the country increased significantly compared with the same period of the previous year. Among them, the central and southern regions increased most obviously, with an increase of 26.26% over the same period of the previous year, and the second-hand car trading volume was 4.9703 million units; followed by the southwest region with a year-on-year increase of 25.94% and the second-hand car trading volume of 2.5035 million units; the northwest region increased by 24.19% year-on-year, and the second-hand car trading volume was 914,100 units; and the East China region increased by 22.59% year-on-year. Used car trading volume was 5.8737 million units, while 1.159 million units and 2.1645 million units were traded in the northeast and north China regions, up 15.13% and 14.95% respectively 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 has become faster and faster, which is a favorable factor that has prompted domestic second-hand car transactions to increase year by year in the past 10 years. Figures show that the national transfer rate in 2021 is 27.32%.
3-6 years old is the most popular
From the specific perspective of the type of vehicle traded, in 2021, a total of 10.5911 million basic passenger cars were traded, an increase of 23.34% year-on-year; 1.3203 million passenger cars, an increase of 7.02% year-on-year; 1.4538 million trucks, an increase of 9.63%; SUVs reached 1.9763 million units, an increase of 44.18%; MPV100.86 million units, an increase of 21.24%; and crossover passenger cars 402,300 units, an increase of 18.59% year-on-year.
In 2021, from the overall sales of all levels of cars, A-class cars are still the hottest models in the second-hand car market, accounting for an average of 48.79%, an increase of 0.38% over the previous year; followed by B-class cars accounting for an average of 22.6%, an increase of 0.7% over the previous year, C-class and D-class cars accounting for 7.11% and 1.99%, an increase of 0.76% and 0.24%, respectively; A00 and A0 classes fell by 1.34% and 0.74%, accounting for 4.96% respectively. and 14.56%. In 2021, the proportion of small and micro cars has declined compared with the previous year, and compact cars and above have shown an increasing trend.
The distribution of the price range of used cars traded in 2021 is: vehicles in the price range of 30,000 yuan and below fell by 0.62%, increased by 0.25% in the range of 30,000 to 50,000, decreased by 0.53% in the range of 50,000 to 80,000, increased by 0.04% in the range of 80,000 to 120,000, decreased by 0.5% in the range of 120,000 to 150,000, increased by 0.99% in the range of 150,000 to 300,000, and increased by 0.37% above the range of 300,000.
Among them, the price range below 50,000 yuan decreased by 0.37% compared with the same period of the previous year, the price range of 50,000 to 150,000 yuan decreased by 0.99% compared with the same period of the previous year, and the price range of more than 150,000 yuan increased by 1.36% compared with the same period of the previous year.
In 2021, 4.148 million vehicles with a age of less than three years were traded, accounting for 23.59% of the total transaction volume, accounting for 0.32 percentage points lower than the same period of the previous year. A total of 6.3559 million vehicles were traded in the 3-6 years of age models, accounting for 36.14% of the total transaction volume, accounting for 1.62 percentage points lower than the same period of the previous year. The proportion of models aged 7-10 years decreased by 0.16 percentage points compared with the previous year, accounting for 24.06% of the total transaction volume, with a total of 4.2308 million units traded. The proportion of models with a age of more than 10 years increased by 2.11 percentage points compared with the same period of the previous year, and a total of 2.8505 million units were traded.
Low-end new energy model transactions accounted for nearly 30%.
In terms of national new energy second-hand cars, the proportion of 30,000 yuan in the price range in 2021 was 28.03%, down 4.61% year-on-year. The vehicle market within 30,000 to 50,000 yuan accounted for 22.98%, down 6.48% year-on-year. Vehicles in the range of 50,000 to 80,000 accounted for 16.81%, down 0.89% year-on-year. Vehicles in the range of 80,000 to 120,000 accounted for 14.19%, an increase of 2.31% year-on-year. Vehicles in the range of 120,000 to 150,000 accounted for 6.06%, an increase of 1.64% year-on-year. Vehicles in the range of 150,000 to 300,000 accounted for 6.99%, an increase of 4.73% year-on-year. The range of more than 300,000 accounted for 4.94%, an increase of 3.29% year-on-year.
In terms of the service life of new energy second-hand cars: the proportion of those with a service life of less than 2 years is 22.6%, down 11.8% year-on-year. 2-4 years accounted for 40.4%, down 10.1% year-on-year. The trading volume with a service life of 4-6 years accounted for 30.7%, an increase of 17.7% year-on-year. Transactions with a service life of more than 6 years accounted for 6.2%, an increase of 4.1% year-on-year.
From a numerical point of view, at present, low-end new energy used cars are still the main force of transactions. However, it should be noted that with the gradual enrichment of new energy vehicle models, the continuous improvement of product quality and the continuous improvement of related supporting facilities, the trading volume of high-end and high-end second-hand new energy models has also begun to be active. (For more news, please pay attention to Yangcheng Pie pai.ycwb.com)
Source | Yangcheng Evening News Yangcheng Pie
Edit | Wang Danyang