China Automobile Dealers Association: From November 10th to 16th, the domestic second-hand car market entered a phase of fluctuation and adjustment. The average daily trading volume decreased by 0.48% compared to the previous period.

Wisdom Finance and Economics APP learned that on November 20th, the China Automobile Dealers Association released the weekly report on the second-hand car market (November 10, 2025 to November 16, 2025). During the period from November 10th to 16th, 2025, the domestic second-hand car market entered a period of turbulent adjustment, showing cyclical fluctuations. The average daily transaction volume reached 66,600 vehicles, a slight decrease of 0.48% compared to the previous week, and market activity slightly declined. From November 1st to 16th, the national cumulative transaction volume of second-hand cars reached 850,000 vehicles, a 7.3% decrease from the same period in October, indicating a significant overall market pressure. As subsidies for trade-ins and new purchases gradually enter their final stages in various regions, the weakening marginal effects of policies have led to a shrinkage in the supply of replacement vehicles.