Ningbo used car annual trading volume again outperformed new cars

2022-05-02 0 By

Under the influence of the global epidemic and the “lack of core” wave, domestic automobile production and sales have been declining year after year, but the used car market has bucked the trend and shown vigorous growth.According to the statistical analysis of the China Association of Automobile Manufacturers, in 2021, the transaction volume of used cars nationwide was 17.5851 million, up 22.62% year-on-year and 17.84% compared with the same period in 2019.As one of the national second-hand car distribution center, Ningbo second-hand car trade has been very active.Data from the vehicle management bureau of Ningbo Public Security Bureau showed that the number of used cars traded in the city reached 356,000 in 2021, once again outpacing the number of new cars traded (312,000), up 12 percent year-on-year.”Every year at the beginning of the spring, there are a lot of customers who come to place orders, and we expect transactions to pick up very quickly at the end of this month.”After the Spring Festival, Ye Pengli, the owner of Tuzhong Second-hand Car Mall, is making preparations for the coming spring rush.Like all retail sectors, used cars have their own “sales cycles”, such as a spike after the Annual Spring Festival.In addition, the end of the year is also the traditional used car sales node.”Today’s consumers’ concept of second-hand cars has been completely different from that of 10 years ago, and their consumption power has been increasingly enhanced. The frequency of changing cars has increased, and the idea of saving money to buy cars and buying cars on a regular basis has been replaced by buying cars whenever they want, which has become the main reason why the second-hand car trading peak is no longer so obvious.Second, due to the impact of the epidemic, local consumption has become the main transaction during the epidemic, which will also affect the distribution of consumption time.”Ningbo secondhand car circulation association president Wang Yuanyang said.In the past two years, the second-hand car trade in Ningbo continues to show strong vitality.Data show that in 2019, the transaction volume of new and used cars in Ningbo was 302,000 and 303,000 respectively, almost flat;In 2020, the figures of the two are 289,000 and 316,000 respectively, and second-hand cars begin to obviously surpass them.In 2021, the figure was 312,000 and 356,000, with the gap widening again.So, what kind of second-hand car is more popular in Ningbo market?Key words such as “BBA” and “within five years” frequently appeared in my interviews.That is to say, the quality of better brand quasi new cars, new cars, in ningbo market is selling better and better.”In 2021, used car consumption will show an overall trend of two growth, namely, the consumption of scooters with less than 100,000 yuan and the consumption of high-end cars with more than 200,000 to 300,000 yuan, and the momentum of the latter is obvious.”Luo Qiong, director of tuzhong Second-hand Car mall offline operation center, told reporters that because of the consumption ability of Ningbo people and the improvement of the cognitive ability of second-hand cars, consumers who mainly aim at family cars are more inclined to “buy a good car”.As a result, the high – priced second-hand cars in Ningbo fought for their own turf.In addition, the “lack of core” wave swept the world in the middle of last year, making the production of high-end cars of many auto brands tight, but also gave high-end second-hand car opportunities.Many consumers are willing to spend 300,000 or 400,000 yuan or more to buy a used car of a high-end brand.Tuzhong certified model price statistics show that in 2021, the price of the following 300,000 yuan of models accounted for 49.1%, 300,000 yuan to 500,000 yuan of models accounted for 34%, more than 500,000 yuan of models accounted for 16.9%.For new energy vehicles, 2021 is a breakout year.According to the data of China Automobile Association, the sales of new energy vehicles in China will reach 3.521 million units in 2021, with a year-on-year increase of 1.6 times, ranking first in the world for seven consecutive years.In Ningbo, a total of 44,700 new energy vehicles were declared duty-free in the past year, with a year-on-year growth of 216.76%.However, compared with the hot new car market, in the used car market, new energy vehicles have not been able to do traditional fuel cars.During the reporter’s visit, we also saw that many merchants have ready-made new energy second-hand cars, whose brands cover tesla, Xiaopeng, Ideal, BYD and other mainstream new energy car manufacturing forces, but the proportion is very low.”Although neVs have significantly improved their position in the second-hand market compared to previous years and are likely to become mainstream in the future, they are not as popular as petrol vehicles at the moment.”A merchant told reporters that this is mainly related to the characteristics of new energy vehicles.Because it is a new thing, it is a common phenomenon for consumers to doubt the quality of new energy old cars, and the related detection techniques are not as mature as oil vehicles, which will affect the market enthusiasm of second sales.In addition, early new energy old cars are more recycled by brands and manufacturers themselves, and the number of cars returned to the market in the past two years is still difficult to form a scale.Reporter Li Li intern Wu Xin