What's Hot in China's Used Car Market 2025?
Abstract:China’s 2025 used-car
market: 1.5 trn yuan, 3–6 yr EVs, SUVs, MPVs—global buyers’ value sweet-spot.

The Big Picture: A Market Maturing With Precision
The Chinese used car market has evolved beyond mere volume into a sophisticated ecosystem characterized by predictable growth and increasing transparency. While headlines often focus on China's new energy vehicle revolution, the used car market tells a more nuanced story of value realization and market maturity. Consider the trajectory: after moving over 18.41 million units in 2023, the market continues its steady climb with 2025 transaction values projected to exceed 1.5 trillion yuan . This isn't explosive, unsustainable growth—it's the maturation of a market finding its equilibrium. The statistics reveal a market transitioning from adolescence to adulthood: 2025 year-to-date figures show 12.94 million vehicles transactions, representing a 3.03% increase over the previous period . This stability stems from two key factors: government policy normalization and industry consolidation. The "reverse invoicing" policy that allows dealers to directly issue purchase invoices has streamlined operations, while nationwide unified standards for cross-regional transactions have reduced friction in the supply chain . For international buyers, this maturation translates to more predictable pricing, standardized documentation, and ultimately, reduced transaction risk.Vehicle Categories & Age Trends
The Category Breakdown The data reveals distinct preferences shaping today's market. While basic sedans continue to dominate volume (representing 49.4% of the market in June ), the growth stars are found in more specialized segments: ● MPVs and crossover vehicles are demonstrating remarkable growth, with transactions up 15.27% year-over-year in June . This surge reflects practical considerations—families and businesses increasingly prioritize space and versatility. ● SUVs maintain their popularity, accounting for 22.50万辆 transactions in August alone . The SUV segment offers international buyers an ideal blend of road presence, comfort, and capability well-suited to varied driving conditions. ● Commercial vehicles, particularly light trucks, show impressive momentum with 149,800 vehicles units moved in August, a 15.91% year-over-year increase . This segment represents exceptional value for business applications.Where Quality Meets Value

China's automotive market isn't monolithic—it comprises distinct regional
ecosystems, each with unique advantages:
● Eastern hubs (Zhejiang, Jiangsu, Shanghai) consistently yield the highest-quality
luxury vehicles and late-model European imports, with brands like Mercedes-Benz,
BMW, and Audi readily available .
● Southern provinces (Guangdong, Fujian) serve as prime sourcing locations for
Japanese imports and domestic Chinese brands, offering exceptional reliability at
competitive price points.
● Northern regions (Beijing, Tianjin) excel in American-brand inventory and
commercial vehicles, with Beijing alone achieving a 36.55% transfer rate in August .
This regional specialization creates opportunities for exporters who understand
these micro-markets and can match specific regional strengths with international
demand patterns.