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China Second-hand Vehicle Industry Market Forecast and Investment Strategy Planning Report, 2013-2017

China Second-hand Vehicle Industry Market Forecast and Investment Strategy Planning Report, 2013-2017

Last Update:2014-05-07

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The second-hand vehicle industry is an important component of automobile market and an indispensable link of auto circulation industry as well. The cultivation and development of second-hand vehicle industry will directly affect the development of entire automobile market. With the continuous decrease of new automobiles and the shrinking of entire car profits, the second-hand vehicle has become a new growth point for the development of automobile industry.

China second-hand-vehicle industry started in 1980s. In recent years, it develops swiftly, and the second-hand vehicle market shows a fast growth trend. In particular, some regional second-hand vehicle market presents a “blowout” trend, for instance, the second-hand vehicle transaction volume of Beijing, Guangdong, Shanghai, Zhejiang and other areas have too far surpassed that of new cars. Moreover, the brand second-hand vehicle industry makes a great progress. Domestic major auto manufacturers enter the second-hand field in succession and conduct their business.

In 2011, China automobile market shows a steady growth trend, with the month production and sales volume of over 1.2 million in the production and sales month, with the average month production and sales volume of more than 1.5 million, and with the annual sales volume of 18.5 million in 2011, which hits the history record again. The transaction volume of second-hand vehicle is climbing and the transaction volume of it exceeded 4 million. The ratio of new car transaction volume and second-hand vehicle transaction volume is near to 4.5:1, which is relatively low compared with the European or USA markets with mature auto consumption culture. The new car transaction volume of USA in 2010 reached 11.5 million, and its send-hand vehicle transaction volume was about 40 million. The new and second-hand vehicles ration was 1:3.5. At present, China second-hand vehicle market still belongs to seller market. However, with the further maturity of China auto consumption culture, the further increase of auto inventory and the promotion of government tax policies, China second-hand vehicle market will gradually turn to buyer market.

In the government work report of 2009, it firstly points out “to accelerate the development of second-hand vehicle market”; the “Automobile Industry Restructuring and Revitalization Plan” clearly comes up with regulate and accelerate the development of second-hand vehicle market; meanwhile, the State Administration for Industry & Commerce and its relevant department released many policies in succession, to encourage, regulate and support the development of second-hand vehicle market, and encourage enterprises to conduct second-hand vehicle operational business. A series of advantageous policies significantly promote the fast development of China second-hand vehicle market.

However, the “Guidance on the promotion of the " 12th Five-Year" development of the automobile circulation” released on 27 December, 2011 points out China second-hand transaction volume will exceed 10 million, with an annual increase of 15%. Meanwhile, it encourages the development of second-hand vehicle operation, supports the auto suppliers to extend their brand second-hand business, and improve the second-hand vehicle circulation network. The second-hand vehicle market shows a fast growing trend. By 2014, China will become the world’ second largest second-vehicle market, only following USA.

The report mainly analyzes the development environment of China second-hand vehicle market; the development situation and experiential learning of international second-hand vehicle market; the development opportunities forecast of China second-hand vehicle market; the operational mode of second-hand vehicle market; the relevant corporations’ operational conditions in the second-hand vehicle market; as well as the investment/financing analysis and prospects forecast of second-hand vehicle market. Meanwhile, with comprehensive and specific first-hand market data over the past 5 years Forward helps you to grasp the market and development trends of second-hand vehicle market, so as to win advantages from competition!

The most distinctive characteristics of this report is forward-looking and timeliness. Through analyzing forward-looking characteristic of abundant first-hand market data, we deeply and objectively dissect China current second-hand vehicle market’s overall market size. Furthermore, based on future development tracks and years’ practice experience of second-hand vehicle market, we conduct prudent analysis and forecast for second-hand vehicle market’s future development trend. This report helps second-hand vehicle market investment and construction enterprises, second-hand vehicle market operational enterprises and second-hand-vehicle market administrative enterprises to precisely grasp current latest developments of the industry. Afterwards, they can make wise operating decisions and define enterprises’ development directions.

Here, we would like to express our sincere gratitude to State Information Center, Bureau of Statistics of China, International Information Research Institute, Chinese Academy of International Trade and Economic Cooperation, Tsinghua University Library, Development Research Center of the State Council and Beijing Essence Forward Research Center, for their great support when we conduct this report!

Notice: All the market data, especially corporations' ranking data in the report, only for business reference. Please do not take the data for enterprise publicity. Thank you! Or Forward shall not take any responsibility for any consequences!

Qianzhan Business Information Co., Ltd. Industry Research Center

Research Team of Second-hand Vehicle Industry


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