Tiantianpaiche: 2022 Q1 used car online auction data report

The report shows that the transaction volume of online second-hand car auctions has been rising steadily in the first quarter of 2022. At present, the epidemic has broken out in many provinces across the country, and second-hand car transactions are inevitably affected. With the advantage of online transactions, Tiantianpaiche has minimized the impact of the epidemic, relying on online transaction scenarios to greatly reduce the frequency of offline contacts, and ensure the efficiency and safety of second-hand car transactions. In addition, this report also takes stock of the brand, model and series data of second-hand car transactions in the first quarter, the ranking of value retention rates, the characteristics of new energy transactions, and other data, making the online auction of second-hand cars more transparent and providing real data references for car dealers and consumers.

Second-hand car auction transaction volume recovered rapidly in the first quarter

According to Tiantianpaiche data, the transaction volume of online second-hand car auctions showed an accelerating growth momentum from January to March 2022. On the one hand, it was due to the peak sales season before the Spring Festival in February and the "preparation" for resuming work after the festival. In addition, thanks to the advantages of online second-hand car auction transaction efficiency and cross-regional circulation, Tiantianpaiche has developed into a leader in the field of second-hand car auction e-commerce. With the large-scale development of the market with more than 300 million car stocks, Tiantianpaiche will seize the market dividend, serve more users, and promote the efficient circulation of second-hand cars.

The transaction volume of used new energy vehicles continues to rise

Data from Tiantianpaiche shows that the transaction volume of used new energy vehicles increased month by month from January to March 2022. On the one hand, new energy vehicles are developing rapidly and the number of vehicles in use is increasing year by year; on the other hand, the production capacity of new cars is limited, prices are rising, oil prices are rising, and the consumer psychology of trying "new things" has combined to accelerate the flow of used new energy vehicles.

BMW leads the way in used car sales among BBA brands

According to Tiantianpaiche data, BMW brand used car transaction volume leads BBA, followed by Audi and Mercedes-Benz used cars. Among them, the BMW brand car series used car transaction volume rankings are BMW

The second-hand car transaction volume rankings of Audi brand cars are Audi A6L, Audi A4L, Audi A3, Audi Q5 and Audi Q3. The second-hand car transaction volume rankings of Mercedes-Benz brand cars are Mercedes-Benz C-Class, Mercedes-Benz E-Class, Mercedes-Benz GLK-Class, Mercedes-Benz S-Class and Mercedes-Benz GLA.

3-year value retention rate, Japanese cars are the most on the list, and domestic brands perform well

Tiantianpaiche counted the three-year value retention rate rankings of classified models in the first quarter. Japanese brand cars made the most appearances on the list, winning the championship in the three-year value retention rate of compact cars, mid-size cars, mid-to-large cars, SUVs and MPVs. The domestic brand Baojun 310 won the championship in the three-year value retention rate of small cars, and Lynk & Co 03 and GAC Trumpchi GM8 performed well as compact cars and MPVs respectively.

BYD is the best-selling brand of new energy used cars

According to Tiantianpaiche data, BYD took the top spot in the ranking of second-hand new energy vehicle auctions in the first quarter. The brands with the most sales volume were BYD Qin, BYD Tang and BYD Yuan New Energy. The second place was the Roewe brand, with the most sales volume being Roewe RX5 New Energy, Roewe ei6 and Roewe e550. Other hot-selling brands were BAIC New Energy, Toyota, JAC, Chery New Energy, Tesla, Changan, Zotye and Wuling.

New energy used car 1-year value retention ranking, Leapmotor C11 surpasses Tesla Model Y

According to Tiantianpaiche data, in the ranking of one-year value retention rates of new energy used cars in the first quarter, Leapmotor C11 is slightly ahead of Tesla Model Y in the ranking of one-year value retention rates of pure electric vehicles, and BYD Dolphin, Wuling Hongguang MINI EV, and Ora R1 are on the list. In the ranking of one-year value retention rates of hybrid vehicles, Toyota Alphard won the championship, followed by Mercedes-Benz C-Class, Honda Odyssey, Honda Elysion, and Ideal ONE.

Tesla models' 1-year value retention rate has generally increased

According to Tiantianpaiche data, the one-year retention rate of Tesla Model 3 and Tesla Model Y has generally shown an upward trend in the past six months. Tesla has certain market advantages in terms of ownership and brand value. In addition, the impact of the epidemic and the rise in new car prices are also major factors affecting used car prices.

Popular new energy used cars auctioned, domestic brands dominate the list

According to Tiantianpaiche data, the 10 most popular new energy used car auctions in the first quarter were all from domestic brands. Among the five most popular pure electric car series, BYD Dolphin won the championship with 158 bids, and three pure electric cars of the Ora brand were listed in turn. Changan Benben E-Star was also very popular among used car dealers. Among the hybrid car types, BYD Qin PLUS and Ideal ONE are also new energy vehicles that are very popular in the market.