2014 China's second-hand car power market rapid growth

Absrtact: "Editor's note" China's automotive industry has experienced more than 10 years of rapid development, the new car production and sales have been ranked first in the world. With the increase in the number of residents ' cars, the trading volume of second-hand cars has increased rapidly, and consumers ' habit of buying used cars

"Editor's note" China's automotive industry has experienced more than 10 years of rapid development, the new car production and sales have been ranked first in the world. With the increase in the number of residents ' cars, the trading volume of second-hand cars has increased rapidly, and consumers ' habit of buying used cars is gradually forming.

But at present the domestic second-hand car circulation channel inefficient, the cost is high, the related good faith system and the policy insufficiently perfect and so on all sorts of short board, causes the second-hand car market development also to be subjected to very big restriction. In recent years, the form of second-hand car electric dealer, not only to some extent to improve the current second-hand market circulation of short board, but also the future of the automotive market in the field of another large gold mine.

The information and data in this report come from desktop research on public information, in-depth interviews with senior insiders and relevant executives in the industry, sampling of second-hand market, Che Yuan and car dealers nationwide, and professional judgments and evaluations made by Analysys analysts.

Definition of Used Cars

Used car electric business refers to the use of Internet/mobile internet technology and means to complete the transaction flow of second-hand car, improve the circulation efficiency of second-hand car, reduce the circulation cost, realize the online second-hand car transactions, convenient and flat; The use of Internet technology combined with online service resources for second-hand car buyers and sellers to provide some or all of the services in the transaction process, and thus facilitate the completion of the transaction, and obtain the corresponding income. 

China used car industry Macro Environment Analysis chart