China Used Car Market Report, Trends 2014-2017

China Used Car Market
Report,
2014-2017
www.bigmarketresearch.com

Report Description
"According to China Used Car Market Report, 2014-2017 by SinoMarketInsight, sales
volume of used cars in China is estimated to register a CAGR of 16.5% during 2014-2017,
with transaction volume reaching 9.57 million in 2017.
With the increase of car ownership, China’s used car market has been on a fast track of
development. In 2013, 5.20 million used cars were traded in China, up 8.6% YoY and 1.9
times as that in 2008, generating a turnover of RMB291.6 billion, a year-on-year increase
of 10.6% and 2.5 times as much as that in 2008. Based on the calculation that consumers
change their cars every 5-6 years, China will step into the car-replacement peak in 2014,
and the used car market will usher in accelerated growth.
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Report Description
In view of segments, used sedans hold the lion’s share, with transaction volume and
turnover achieving 3.0475 million (or 59% of total volume) and turnover of RMB174.89
billion (or 60% of total amount) in 2013, respectively. Driven by the fast-growing SUV
ownership, the used SUV market is booming, with transaction volume and turnover
growing at high AAGRs of 28% and 35% in 2008-2013 to 166,800 and RMB26.96 billion in
2013, separately. It is expected that the used SUV market will freeze the high-growth
status (around 30%) in both transaction volume and turnover over the next four years,
thus becoming the fastest-growing segment among used cars.
With regard to regional distribution, China’s current second-hand car trading is mainly
concentrated in East and South China, which, featuring developed economy, high car
ownership, more mature automobile consumer awareness and higher acceptance of
used cars, together account for over 50% of total transaction volume. It is expected that
the development of China’s used car market over the next few years will still focus on the
two regions; meanwhile, North, Northwest and Northeast China will also pick up the
pace.
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Table Of Contents
1. Macro-Environment Analysis
1.1 China's Economic Slowdown
1.2 Slowing Fixed Asset Investment
1.3 Significant Import-Export Slowdown
1.4 Steady Growth in Social Consumption
2. Definition and Description of Used Car
2.1 Definition and Characteristics
2.1.1 Definition
2.1.2 Characteristics
2.1.3 Development History
2.2 Trading Pattern

Table Of Contents
3. Development and Forecast of Used Car Trading Market
3.1 Transaction
3.1.1 Transaction Volume
3.1.2 Turnover
3.1.3 Transaction Price
3.2 Segments
3.2.1 Sedan
4. Regional Market
4.1 Regional Distribution
4.2 Major Cities
4.2.1 Beijing
4.2.2 Shanghai
4.2.3 Guangzhou

Report Description
In terms of trading pattern, used car trading market, used car dealers, online used car
trading platforms and 4S stores are speeding up their layouts in used car market. Used
car trading market is committed to expanding scale and upgrading functions, used car
dealers are stepping up sales network construction, online trading platforms are
exploring a more mature operating mode, and 4S stores are concentrating on old car
replacement and used vehicle identification.

Report Description
This report contains 5 chapters and 65 charts, mainly covering the followings:
• Overview of used car industry (involving macroeconomic environment and policy
environment, as well as development of used car trading market, online used car
trading and other trading patterns);
• China’s used car market profile (including transaction volume, turnover, transaction
price and transaction proportion in 2008-2013, as well as trading forecast for 2014-
2017);
• China’s used car market segments (including transaction volume, turnover and
transaction price of sedan, SUV, truck and bus, as well as forecast for 2014-2017);
• China’s used car market by region (involving regional structure of second-hand car
trading, as well as used car development in Beijing, Shanghai and Guangzhou);
• China’s used car transaction subjects (embracing the development of 5 used car
dealers, 6 used car trading markets and 6 online trading platforms)."

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