Automobile industry

Top 100 used car dealers in 2020 From China Automobile Circulation Association

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The following is the Top 100 used car dealers in 2020 From China Automobile Circulation Association recommended by recordtrend.com. And this article belongs to the classification: Automobile industry.

China Automobile Circulation Association sets up benchmark enterprises through the top 100 used car dealers list, constantly improves the development environment of the automobile industry, promotes the coordinated development of related industries in the region, and promotes the healthy competition and common development of enterprises. Therefore, the “top 100 used car dealers list” is issued every year.

Overall statistical scope: national second-hand car distribution and brokerage enterprises; data source: used car distribution (brokerage) enterprises organized and recommended by the second-hand car Association (Commerce) association and each second-hand car trading market in all provinces and cities, and independent used car distribution (brokerage) enterprises with brand management characteristics; evaluation criteria: according to the application materials of enterprises, the annual average value of the second-hand car dealers (brokers) from August 2019 to July 2020 is calculated Second hand car trading volume and total transaction volume are the main factors. After comprehensive consideration of business area, monthly average inventory and other evaluation indicators, the expert group reviews the top 100 ranking activities, reasonably designs the weight, and obtains the score and puts it out of the top 100 list.

Top 100 used car dealers in China in 2020

During the meeting, Mr. Chen Xiangda, President of used car dealers branch of China Automobile Circulation Association, interpreted the analysis report in detail for you. The contents are as follows:

From the pie chart on both sides in the figure below, it can be seen that the number of independent used car dealers and merchants in the trading market is 49:51 in 2019, which will change in 2020, accounting for 46% of the trading market and 54% of the dealers. This annual meeting in Suzhou has always talked about the great advantages of tax and the liberalization of restrictions on relocation. Therefore, it is predicted that this trend will be further developed in 2021 next year.

As shown in the figure below, 62% of the used car dealers with less than 1000 vehicles, 35% of the annual sales volume of 1000-5000 vehicles, and 3% of those with more than 10000 vehicles.

In terms of retail sales, 4% of the retail sales are below 50 million, 7% are between 50 million and 100 million, 30% are between 100 million and 200 million, and 59% are between 100 million and 200 million. From this recommended top 100 list, if the average value of cars is 200000, more than 100 cars are sold every month. 52% of the wholesale companies are below 50 million, 23% are between 50 million and 100 million, 11% are between 100 million and 200 million, and 14% are over 200 million.

From the dimension of transaction volume of transaction scale, there are four aspects of merchants in the market, including top 100 enterprises, member enterprises and independent dealers. This proportion can be seen from the proportion in 2019 and 2020. In addition to the decrease of independent dealers in 2020, other merchants in the top 100 enterprises and member enterprise market will increase in 2020.

From the perspective of transaction volume dimension of transaction scale, compared with 2020, top 100 enterprises, member enterprises, independent dealers and merchants in the market, the transaction volume of top 100 enterprises, member enterprises, and merchants in the market will increase overall in the condition that the large market environment is not good this year.

At the same time, we can see that the inventory cycle of used car dealers is 51% in 30-45 days, 35% in less than 30 days, 12% in 45-60 days, and 2% in more than 60 days. As can be seen from the column data chart in the figure, 35% of the used car dealers are under 30 days, which is the turnover rate of one month. Even if such a car makes less profit, it will definitely make money, because the turnover rate of financial costs and expenses is fast Yes, and I am confident that I am familiar with this product.

From the perspective of the average inventory cycle of top 100 enterprises, 35 to 45 days may be the profit that we all think. In a reasonable range, 35 to 45 days can be generated. In my opinion, this cycle is also profitable. It accounts for 12% from 45 days to 60 days. Even if there is no loss of the principal, in fact, the profit is not much, because you need two months of financial cost, plus your car swing After two months, there will be problems with some less popular cars. There are some problems with the quality of the car. In addition, the longer the time is, the longer the capital turnover cost will be. Moreover, the enterprise has no confidence in the car. This is the most important thing. In the next step, you will find the car hard to sell. In fact, it may be that your time is too long or the price is too high.

In terms of sales revenue, the after-sales revenue is less than 50 million yuan. Among the after-sales revenue, those below 50 million yuan, 50 million to 100 million yuan, 100 million to 200 million yuan, and more than 200 million yuan are calculated from the high, accounting for 1%, 4%, 5%, 90%, and 4%, 15%, and 100-200 million respectively 7% and 4% respectively.

The above is a detailed report of top 100 used car dealers. If you want to get all the reports, please leave a message in the background or send an email to the following email. Read more: three ways to play used car e-commerce + Internet Finance: hold hold the scalpers and stick to the users China Automobile Circulation Association: 57 authorized 4S stores will be added to luxury brands in the first quarter of 2020 China Automobile Circulation Association: April 2020 China Import Automobile Market Monthly Report China Automobile Circulation Association: an analysis of the top 100 used car dealers in China in 2018 The volume of handcart market was 71100 Transaction volume decreased by 92.78% month on month (month on month). China Automobile Circulation Association: China used car manager index in March 2020 was 46.6%. China Automobile Circulation Association: used car market analysis in January February 2020 China Automobile Circulation Association: National used car market detailed analysis in November 2019 China Automobile Circulation Association: China used car manager index in November 2019 was 52.5% China Automobile Circulation Association: 201 Detailed analysis of used car market in September, 2009 China Automobile Circulation Association: China’s used car manager index in November 2020 was 49.3%

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