According to data from the China Automobile Dealers Association, the national transaction volume of used passenger vehicles reached 95,200 units in August 2025, a year-on-year increase of 11.84%. The cumulative transaction volume from January to August maintained a steady growth trend along with the overall used car market. As an important component of the commercial vehicle market, the used passenger vehicle market benefited from the recovery in demand in the logistics and passenger transport markets, becoming a significant driving force for industry development.
From a market structure perspective, used passenger vehicle consumption shows a clear focus on cost-effectiveness. Vehicles priced below 30,000 yuan still dominate, but the proportion of mid-to-high-end vehicles priced between 50,000 and 80,000 yuan increased by 3.4 percentage points month-on-month, reflecting a trend of consumption upgrading. The vehicle age structure is also gradually balancing, with the transaction proportion of models aged 7-10 years and over 10 years continuing to increase, indicating that consumers are increasingly accepting of vehicles of different ages.
At the policy level, the pilot reform of automobile circulation and consumption jointly launched by eight departments has further streamlined the circulation channels for used passenger vehicles through measures such as improving transaction registration convenience and supporting the construction of third-party testing platforms, providing strong support for market growth.