Beijing's Used Car Sales Significantly Increases Car Consumption into a Stable Period


According to statistics from the newspaper, in the weak market for new car sales in March, second-hand car sales began to show a substantial increase, and the number of single-hand car transactions in Beijing in March exceeded 10,000. According to the analysis, the opposite market performance of the used car market and the new car market indicates that the Beijing auto market has begun to enter a relatively stable era of automobile consumption, and private sale and purchase of used cars has begun to enter a stable period. Analysts believe that the main cause of high transaction volume in the used car market is the price reduction of new cars, which drives the overall price reduction of used cars. The main reason why many consumers choose to buy used cars is to gradually reduce the price. In addition, the sudden change in the price of new models in the new car market, including imported cars, has caused consumers to be hesitant to face price risks when buying new cars. The appearance of this kind of situation makes many consumers who originally planned to buy new cars turn to buy used cars as a temporary means of transportation, and wait until the price of the models has stabilized. Another important reason is that the used cars in Beijing have begun to face the national market. As we all know, the existing several used car markets in Beijing have become the “bases” of used car dealers across the country. Some used car dealers from all over the country live in Beijing for almost a long time and use Beijing’s used cars continuously. Go everywhere. There is also the Beijing municipal government facing the whole country starting from the beginning of the year to eliminate the yellow label car auction, which has led to a significant increase in the popularity of used cars in Beijing, which has expanded the sales range of used cars in Beijing. According to the rough market statistics, nearly 60% to 70% of vehicles sold through the Beijing market are bought by foreign car dealers or individuals. Followed by the peak period of automobile sales from 1998 to 1999, the owners have begun to enter the era of shifting cars, especially the gradual increase of new models and price declines, which has accelerated the pace of this part of the owners of cars. According to market statistics, the current actively-used models for the used car market are five to six years old, and the price is mainly concentrated within 100,000 yuan. These models account for almost one-third of the transactions. Market participants believe that the total number of transactions in the used car market in Beijing exceeded 110,000 last year, and the average monthly transaction volume was around 10,000. However, from the perspective of this year's trading momentum, the volume of used car trade in 2004 is expected to exceed 150,000 vehicles. .

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