The Zhitong Finance App learned that according to data released by the China Automobile Dealers Association, in July 2026, the national used car market traded 1.5616 million vehicles, down 3.51% from the previous month, down 5.98% from the previous year, and the transaction amount was 104.47 billion yuan. From January to July 2026, the cumulative transaction volume of used cars was 11.2748 million units, an increase of 0.39% over the same period. Compared with the same period, an increase of 43,800 units was added, and the cumulative transaction amount was 743 billion yuan.
Analysis of the structure of used cars by model in July 2026
Passenger car situation: In July, a total of 834 million basic passenger cars were traded, down 4.39% from the previous year; a total of 203,900 SUVs were traded, down 3.51% from the previous month, down 6.22% from the previous year; the total number of MPVs traded, down 2.89% from the previous year, up 1.49% from the previous year; and 37,600 passenger cars were traded, down 2.25% from the previous year, down 9.11% year on year.
Commercial vehicle situation: A total of 94,300 buses were traded, down 1.17% from the previous month, down 1.71% from the previous year; 138,800 trucks, down 3.14% from the previous month, down 11.03% from the previous year.
In January-July, a total of 8.6379 million passenger cars were traded, a year-on-year decrease of 2.51%. Among them: 6.077 million basic passenger cars were traded, a year-on-year decrease of 4.39%; a total of 1.492 million SUVs were traded, an increase of 0.36%; a total of 799,600 MPVs were traded, an increase of 8.72%; and a total of 27.1 million passenger cars were traded, a year-on-year decrease of 4.59%.
A total of 1.6303 million commercial vehicles were traded, an increase of 3.05% over the previous year. Among them: 9581 thousand trucks were traded, up 1.26% year on year; 672,200 buses were traded, up 5.73% year on year.
Analysis of the service life of used car trading vehicles in July 2026
In July, used cars with a lifespan of 3-6 years accounted for the largest share of transactions, accounting for 45.1%, down 0.6 percentage points from month to month, up 1.4 percentage points; models within 3 years of use accounted for 31.7%, up 0.4 percentage points from month to month, up 5.5 percentage points from year to year; models aged 7 to 10 years accounted for 14.4%, down 0.8 percentage points from month on month, down 3.2 percentage points from year on year; models over 10 years old accounted for 8.7%, up 0.9 percentage points from month on month, down 3.8 percentage points year on year.
Analysis of the situation in the six major regions in July 2026
Used car transactions in the six major regions in July 2026
In July 2026, the national used car market entered an overall recovery phase. The volume of transactions in the six major regions generally declined sequentially. The market showed an operating pattern of decline in most regions, slight increase in only a few regions, and increased regional differentiation. Trading volume in the core region remained high, but it generally weakened month-on-month: the pullback in East China and Southwest China was relatively prominent, and there was a moderate decline in central and southern China; only Northeast China maintained weak positive growth, and the northwest remained almost flat. The overall pressure on the national market was under pressure, and the market decline widened.
The volume of used car transactions in East China was 437,500 units, down 5.62% from the previous month. The trading volume still ranks first in the country, and the leading position in the region is stable. There was a shift from rise to decline this month. The pullback was higher than the national average. The momentum of the recovery in the early period weakened, and the scale of transactions contracted markedly.
The volume of used car transactions in the central and southern regions was 436,000 units, down 2.69% from the previous month. The market ended its early recovery trend, and demand weakened. The transaction scale remained the second largest in the country. The decline was less than in East China and Southwest China. Market resilience still exists, and the overall adjustment was moderate.
The volume of used car transactions in North China was 245,500 units, down 3.02% month-on-month, from a strong recovery in the previous period to a month-on-month decline. The correction was slightly higher than the national average, and the market entered a phased recession.
The volume of used car transactions in the southwest region was 206,000 units, down 4.95% from the previous month. It is a region with a high pullback this month. The downward pressure on the market is prominent, the scale of transactions has shrunk markedly, and the phased decline in demand is quite obvious.
The volume of used car transactions in the Northeast region was 144,000 units, up 0.12% from month to month. It is the only sector in the six major regions to achieve positive month-on-month growth. The market has basically maintained steady operation, strong resistance to fluctuations, and the operating trend is highly stable.
The volume of used car transactions in the northwest region was 92,600 units, down 0.54% from the previous month. The decline was the lowest in the six major regions, and the market was almost flat; due to the small size of the base, fluctuations were limited, and overall operation remained relatively stable.
Cross-regional circulation situation in July 2026
In July, the used car transfer rate was 31.87%, up 0.1 percentage points from the previous month and 1.5 percentage points from the same period last year. The total number of used car transfers was 497,600, down 3.24% from the previous month and 1.48% from the same period last year.
Monthly New Energy Used Vehicle Trading Trends in June 2026
In June 2026, a total of 153,200 new energy used vehicles were traded nationwide, up 11.4% from May and 8.5% from the same period last year.
From January to June 2026, a total of 838,600 new energy used vehicles were traded nationwide, an increase of 22.2% over the same period in 2025.