Cui Dongshu of the Passenger Transport Association published an article stating that in August 2026, the national used car market had a transaction volume of 1,516 million units, down 3% from the previous month, down 11% from the previous year, and the transaction amount was 97 billion yuan, down 9% year on year. From January to August 2026, the cumulative volume of used car transactions was 12.79 million units, a year-on-year decrease of 1%, and the transaction volume was 840 billion yuan, an increase of 0.5%. In August 2026, the volume of transactions in the national NEV used car market was 140,500 units, down 2% month-on-month and 5.3% year-on-year, and the NEV penetration rate was 12.6%. From January to August 2026, the cumulative trading volume of new energy used vehicles was 1.1231 million units, an increase of 14.9% over the previous year. Under the appeal of the China Automobile Dealers Association, the circulation of used cars improved. Local traffic management departments do practical things, facilitate mass enterprises to do business, and promote the circulation of used cars. However, compared with the advanced international developed markets, the proportion of used car transactions in China is relatively low, while the Chinese automobile market started relatively late, and used car consumption started even later. Currently, used cars are in a stage of rapid rise, and the potential for future development is enormous. In particular, the development of new energy vehicles has given more ordinary Chinese consumers a huge advantage in buying and using cars at low cost. Although the strength of the national end-of-life renewal policy is temporarily slowing down, the potential for used car development in China is extremely huge. The used car business and car scrap renewal of automobile dealership groups are booming, and the used car market is bound to grow continuously in all aspects.

Cui Dongshu of the Passenger Transport Association published an article stating that in August 2026, the national used car market had a transaction volume of 1,516 million units, down 3% from the previous month, down 11% from the previous year, and the transaction amount was 97 billion yuan, down 9% year on year. From January to August 2026, the cumulative volume of used car transactions was 12.79 million units, a year-on-year decrease of 1%, and the transaction volume was 840 billion yuan, an increase of 0.5%. In August 2026, the volume of transactions in the national NEV used car market was 140,500 units, down 2% month-on-month and 5.3% year-on-year, and the NEV penetration rate was 12.6%. From January to August 2026, the cumulative trading volume of new energy used vehicles was 1.1231 million units, an increase of 14.9% over the previous year. Under the appeal of the China Automobile Dealers Association, the circulation of used cars improved. Local traffic management departments do practical things, facilitate mass enterprises to do business, and promote the circulation of used cars. However, compared with the advanced international developed markets, the proportion of used car transactions in China is relatively low, while the Chinese automobile market started relatively late, and used car consumption started even later. Currently, used cars are in a stage of rapid rise, and the potential for future development is enormous. In particular, the development of new energy vehicles has given more ordinary Chinese consumers a huge advantage in buying and using cars at low cost. Although the strength of the national end-of-life renewal policy is temporarily slowing down, the potential for used car development in China is extremely huge. The used car business and car scrap renewal of automobile dealership groups are booming, and the used car market is bound to grow continuously in all aspects.