In April 2026, the national used car market ushered in two major new policies. The Ministry of Commerce, the Ministry of Industry and Information Technology, and the Ministry of Public Security jointly announced that the industry entered a new era of compliance, transparency, and efficient circulation.

implementation of the new policy

01 Policy 1: Compulsory testing of second-hand trams and guaranteed battery safety (effective from April 1)

Six ministries and commissions jointly issued new regulations. Before all second-hand new energy vehicles are put on the shelves, special battery testing must be completed, and an official test report will be issued within 48 hours. No transfer will be allowed without a report. At the same time, the national power battery traceability platform was officially launched. Each battery has a lifetime "ID card". The maintenance rights of the three power companies are fully open. Third-party maintenance does not affect the quality guarantee, completely dispelling consumer concerns.

02 Policy 2: The value-added tax on used car dealers will be levied at a reduced rate of 0.5%, extending until the end of 2027

The Ministry of Finance and the State Administration of Taxation jointly issued an announcement to continue to collect value-added tax at a 3% rate reduced by 0.5% for taxpayers engaged in second-hand car sales of the second-hand cars they have purchased in accordance with the simple method. The policy was originally scheduled to expire at the end of 2025, but this time it will be explicitly extended until December 31, 2027. According to estimates by the Economic Construction Department of the Ministry of Finance, this policy can reduce the tax burden of the used car dealer industry by 75%, and reduce the burden on small and medium-sized dealers by about 10 billion yuan. Consumers who purchase new used cars can also benefit indirectly, and the vitality of market circulation will be further stimulated.

latest data

03 Latest official data

Combined with the latest data released by China Automobile Dealers Association on April 20, the national used car transaction volume in the first quarter of 2026 was 4.822 million, a year-on-year increase of 4.66%. The transaction amount reached 312.882 billion yuan, and the average transaction price per unit was approximately 64,900 yuan, a slight increase of 1.2% over the same period last year. Among them, 3.7125 million second-hand passenger cars were traded, a year-on-year increase of 0.88%; 700,300 second-hand commercial vehicles were traded, a year-on-year increase of 12.21%, becoming the main force of market growth. The export side continued to explode. The export volume of used cars at Shandong Port in the first quarter reached 1.17 billion yuan, a year-on-year increase of 43%. The export volume of border ports such as Manzhouli increased by more than 40% year-on-year, mainly for emerging markets such as Russia and Central Asia.

Source: Zhuzhou Used Car Export Base

[Disclaimer] The content of this website (including pictures and texts) originates from the Internet, and the copyright belongs to the original author. Respect the rights and interests of originality, and select content is only used for information sharing. If copyright disputes are involved, please contact us to handle them in a timely manner