The China Automobile Dealers Association recently announced that the transaction volume of China's second-hand car market will exceed 20 million units by 2025, setting a new historical high. Industry insiders point out that this indicates that the market is becoming more rational and pragmatic, and the consumption potential of young people in this field is gradually being released. According to data from the China Automobile Dealers Association, the cumulative transaction volume of second-hand cars in 2025 will be 20.108 million units, a year-on-year increase of 2.52%, an increase of 493800 units compared to the same period, and a cumulative transaction amount of 1289.79 billion yuan. This is not only a digital leap, but also means that the Chinese automobile market is accelerating its transition from 'incremental expansion' to 'stock optimization', injecting momentum into the circulation of Chinese automobile consumption. ”Zhao Zhifeng, the head of the second-hand car business of Dongchedi, a Chinese second-hand car trading platform, said. Mr. Qing, a post-2000s resident of Chengdu, purchased a second-hand NIO new energy car from Dongchedi through the method of "online ordering and offline pickup". He introduced that if it is a new car, with the optional price, this car will cost over 300000 yuan, and the car he chose is the 2023 model, with a mileage of 18000 kilometers and a price of just over 180000 yuan. Now, Mr. Qing has been driving this car for over half a year, which in his words is' completely beyond expectations'. The "Insight Report on Used Car Consumption for Young Users" jointly released by China Automotive Information Technology (Tianjin) Co., Ltd. and DCD shows that used cars are becoming the first car for more and more young people. For young users, buying a used car can not only reduce the cost of purchasing a car and alleviate economic pressure, but also avoid the risk of new car depreciation. The most important value points for young users when purchasing second-hand cars are the reliability of the car condition and price advantage, reflecting a rational shift in their consumption concept from pursuing the "initial lowest price" to the "optimal value throughout the entire cycle". Zhao Zhifeng stated that as the Chinese automobile market enters the era of stock, the scale of second-hand car transactions continues to expand, and the market structure and consumer groups are undergoing profound changes. The young consumer group represented by the "post-90s" and "post-00s" is gradually growing into an indispensable force in the second-hand car market with its unique consumption concept, highly digitized lifestyle, and open attitude towards new things. Based on comprehensive policy adjustments and market data analysis, it is expected that the consumption of second-hand cars in 2026 will continue to maintain a stable and positive trend, especially the replacement demand centered around 'trade in', which will continue to operate at a high level and become an important engine for driving consumption growth. ”Wang Xiaoyu, co-founder of Guazi Second hand Car Trading Platform, said. Cui Dongshu, Secretary General of the Passenger Car Market Information Joint Branch of the China Automobile Dealers Association, pointed out that the second-hand car market in China is in a rapid development stage with huge potential. He suggested continuing to promote transparency in second-hand car transactions and enhance market consumer confidence. (New Society)