Overall performance of the used car market in April 2026

In April 2026, the transaction volume of the national used car market was 1.6712 million units, a month-on-month decrease of 6.73% and a year-on-year decrease of 1.76%, with a transaction amount of 113.476 billion yuan.

From January to April 2026, the cumulative transaction volume of used cars was 6.4932 million, a year-on-year increase of 2.93%, an increase of 184,600 compared with the same period, and the cumulative transaction amount was 426.358 billion yuan.

Structural analysis of used car models in April 2026

Passenger car situation: In April, a total of 895,000 basic passenger cars were traded, down 7.58% month-on-month and down 6.73% year-on-year; a total of 220,700 SUVs were traded, down 6.57% month-on-month and down 2.13% year-on-year; A total of 119,500 MPVs were traded, down 6.13% month-on-month and up 7.92% year-on-year; a total of 40,400 cross-type passenger cars were traded, down 7.19% month-on-month and down 7.02% year-on-year.

Commercial vehicle situation: A total of 99,900 passenger cars were traded, a month-on-month decrease of 6.82%, and a year-on-year increase of 6.63%; 143,300 trucks were trucks, a month-on-month decrease of 6.63%, and a year-on-year decrease of 2.89%.

1-4 In March, a cumulative number of passenger cars were traded at 4.9882 million, a year-on-year decrease of 0.62%. Among them: a total of 3.5109 million basic passenger cars were traded, a year-on-year decrease of 2.65%; a total of 862,100 SUVs were traded, a year-on-year increase of 2.40%; a total of 458,400 MPVs were traded, a year-on-year increase of 11.49%; a total of 156,800 cross-type passenger cars were traded, a year-on-year decrease of 2.01%.

A total of 943,500 commercial vehicles were traded, a year-on-year increase of 9.03%. Among them: a total of 556,400 trucks were traded, a year-on-year increase of 8.51%; 387,100 passenger cars were traded, a year-on-year increase of 9.79%.

Analysis of the service life of used car trading vehicles in 2026

In April, second-hand cars with a service life of 3-6 years accounted for the largest proportion, accounting for 44.10%, a month-on-month increase of 1.0%, and an increase of 0.3% compared with the same period last year; models with a service life of 3 years accounted for 31.15%, a month-on-month increase of 1.3%, and an increase of 4.2% compared with the same period last year; models with a service life of 7-10 years accounted for 15.36%, a month-on-month decrease of 0.9%, and a decrease of 2.3% from the same period last year; The proportion of models older than 10 years old was 9.39%, a month-on-month decrease of 1.3%, and a decrease of 2.2% compared with the same period last year.

Analysis of the six major regions in April 2026

Used car transactions in six regions in April 2026

In April 2026, the national used car market ended its rapid recovery trend after the holiday and entered a phased adjustment cycle as a whole. The trading volume in the six major regions fell month-on-month, and the market showed a pattern of global correction, high pressure, and continued differentiation. Trading volume in core regions remained high, with a month-on-month decline generally showing; market resilience in some regions was prominent, and the national market as a whole returned to a rational operating range.

The trading volume of used cars in East China was 472,200 units, a month-on-month decrease of 5.41%. The trading volume ranked first in the country, the regional position was solid, and the market rhythm returned to a rational normal.

The trading volume of used cars in Central and South China was 460,900 units, a month-on-month decrease of 8.25%. The market has entered a phased rest and the pace of demand release has slowed down.

The trading volume of used cars in North China was 259,800 units, a month-on-month decrease of 6.18%, and the overall pace of decline was moderate.

The trading volume of used cars in Southwest China was 231,400 units, a month-on-month decrease of 6.07%, and the overall situation is within a reasonable correction range.

The trading volume of used cars in Northeast China was 149,200 units, a month-on-month decrease of 8.86%, the highest decline among the six major regions, and the market has entered a resting stage.

The trading volume of used cars in the Northwest Region was 97,800 units, a month-on-month decrease of 5.38%. It was the region with the smallest decline and the most stable operation among the six regions.

Cross-regional circulation in 2026

In April, the second-hand car transfer rate was 32.33%, an increase of 0.24% month-on-month and a year-on-year increase of 2.27% year-on-year. The total number of second-hand car transfers was 540,200, a month-on-month decrease of 6.03% and an increase of 5.66% compared with the same period last year.

Source: China Automobile Circulation Association

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