Used car trading started active mode

Recently, the Ministry of Commerce and other nine departments jointly issued the "Guiding Opinions on Promoting the high-quality development of the Automotive Aftermarket", proposing seven measures to optimize the circulation environment of auto parts, promote the quality and upgrading of automobile maintenance services, and accelerate the development of the traditional classic car industry, aiming to promote the steady growth of the automotive aftermarket and the continuous optimization of the market structure. Better meet the diversified automobile consumption needs of consumers.

This year is the first year of the full implementation of the new Policy for used cars. At present, the policy effect has emerged. The latest data released by the China Automobile Circulation Association shows that in the fourth week of November, the average daily volume of used car market was 61,300 vehicles, an increase of 2.42% compared with the previous week, and an increase of 1% compared with the fourth week of October, returning to the scale of more than 60,000 vehicles per day.

Steady growth in trading volume

Looking back at the transaction situation in November, the average daily transaction volume of the used car market reached 60,100 in the first week, down 1.08% from the previous month. The market began to fluctuate in the second week, with the average daily volume dropping to 58,300. On the third Sunday, the average transaction volume of 59,800 vehicles, although there is a small increase, but still hovering at the market low. The fourth week begins into the year-end trading activity period, which is expected to last until the end of December.