Automobile industry

Analysis of used car market in February 2021 From China Automobile Circulation Association

The following is the Analysis of used car market in February 2021 From China Automobile Circulation Association recommended by recordtrend.com. And this article belongs to the classification: Automobile industry.

In February 2021, the transaction volume of the second-hand car market in China was 955300, with a month on month decrease of 33.27%, and the transaction amount was 59.843 billion yuan.

Passenger cars: 577800 basic passenger cars were traded, down 33.51% on a month on month basis, up 17.70% compared with the same period in 19 years; 102500 SUVs were traded, down 31.85% on a month on month basis, up 78.50% compared with the same period in 19 years; 54200 MPVS were traded, down 33.48% on a month on month basis, up 17.04% compared with the same period in 19 years;

In February 2021, the transaction volume of second-hand cars in China was 955300, an increase of 1243.84% over the same period last year. The explosive growth is mainly due to the fact that February 2020 is an important period for national epidemic prevention and control. The second-hand car trading markets in various regions of the country are not operating normally, and the second-hand car trading volume has a precipitous decline, with only 71100 second-hand cars in the country. Referring to the transaction data of second-hand cars in the same period of 19 years, the transaction volume of second-hand cars in February increased by 18.34% compared with that in the same period of 19 years.

In February, the proportion of second-hand cars transferred was 22.78%, and the cross regional circulation was significantly better than that in the same period last year, with an increase of 7.91 percentage points compared with the same period last year. The Spring Festival holiday had a certain impact on the cross regional circulation of second-hand cars, down 3.44 percentage points from January.

The proportion of vehicles with more than 7 years old is gradually increasing

From the perspective of vehicle age distribution, 524800 vehicles with vehicle age less than 3 years were traded from January to February 2021, accounting for 21.99% of the total trading volume, down 1.53 percentage points compared with the same period last year. A total of 868400 vehicles aged 3-6 years were traded, accounting for 36.38% of the total trading volume, down 0.61 percentage points from the same period last year. The proportion of 7-10-year-old vehicles increased by 1.08 percentage points compared with last year, and a total of 607200 vehicles were traded. Compared with the same period last year, the proportion of vehicles with more than 10 years of age increased by 1.05 percentage points, and a total of 386500 vehicles were traded.

Read more: China Automobile Circulation Association: a brief analysis of the second hand car market in October 2020 China Automobile Circulation Association: a brief analysis of the second hand car market in March 2020 China Automobile Circulation Association: a brief analysis of the second hand car market in January 2021 China Automobile Circulation Association: a brief analysis of the second hand car market in November 2020 China Automobile Circulation Association: a brief analysis of the second hand car market in September 2020 China Automobile Circulation Association: Analysis of second hand car market in August 2020 China Automobile Circulation Association: in March 2020, the sales volume of domestic narrow sense passenger car market reached 1.045 million, a year-on-year decrease of 40.4%. China Automobile Circulation Association: in October 2019, the second hand car market was analyzed. China Automobile Circulation Association: in April 2020, the monthly report of China’s imported car market. China Automobile Circulation Association: in the first quarter of 2020, 57 new authorized 4S stores of luxury brands were added 41 online 4S stores China Automobile Circulation Association: analysis of second hand car market in June 2020 China Automobile Circulation Association: in depth analysis of national second hand car market in January 2021 China Automobile Circulation Association: in July 2020 China Automobile Circulation Association: in depth analysis of second hand car market in October 2020 China Automobile Circulation Association: detailed analysis of national second hand car market in November 2019

If you want to get the full report, you can contact us by leaving us the comment. If you think the information here might be helpful to others, please actively share it. If you want others to see your attitude towards this report, please actively comment and discuss it. Please stay tuned to us, we will keep updating as much as possible to record future development trends.

RecordTrend.com is a website that focuses on future technologies, markets and user trends. We are responsible for collecting the latest research data, authority data, industry research and analysis reports. We are committed to becoming a data and report sharing platform for professionals and decision makers. We look forward to working with you to record the development trends of today’s economy, technology, industrial chain and business model.Welcome to follow, comment and bookmark us, and hope to share the future with you, and look forward to your success with our help.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button