· The scale of used car trading is expected to reach 12 million this year

Recently, Shen Rong, deputy secretary-general of the China Automobile Dealers Association, said in an interview with the reporter of "Daily Economic News" that "this year, the transaction volume of the used car market will exceed 10 million, and it is expected to reach 11.5 million to 12 million." Rong’s basis for making this judgment is that the “National Eight Articles” are currently gradually coming.

In March of this year, the State Council issued the "Several Opinions on Promoting Convenience Transactions of Used Cars" (hereinafter referred to as "Opinions"). Since the document has eight important components, it is called "National Eight Articles". In accordance with the requirements of the "Opinions", the local policy of restricting the development of used cars is scheduled to be broken at the end of May this year.

Not only that, Shen Rong believes that at present, the vitality of China's used car market has begun to appear. In the past two years, the growth rate of the second-hand car market has been the best proof. At the same time, the development of e-commerce platform and the development of second-hand car finance business are accelerating the vitality of the used car market.

However, the current "Opinions" not only encounter some obstacles at the implementation level, but some policies are still in need of landing. A second-hand car dealer told the Daily Economic News reporter that “tax and temporary property rights system are two other obstacles that hinder the development of used cars outside the restricted system. Although the “Opinions” require improvement, there are still no rules. Introduced."

Therefore, in the future, China's second-hand car market should continue to develop, sales will reach one trillion yuan, and it is necessary to introduce an enforceable detailed policy.

● Market activity continues to increase

According to statistics from the China Automobile Dealers Association, the cumulative transaction amount of used cars in China last year was 553.54 billion yuan, and the transaction scale reached 941.71 million, an increase of 2.32%. It missed the previously forecasted 10 million sales targets.

For this year's used car market, Shen Rong predicted that the transaction scale will reach 11.5 million to 12 million vehicles, and the important basis of this forecast is the "National Eight Articles" released in March this year.

The “National Eight Articles” have eliminated the restrictions and restrictions, perfected the registration management of used car transactions, strengthened the construction of the credit system of the used car market, and optimized the tax policy for used car transactions. Undoubtedly, the introduction of the "National Eight Articles" will stimulate the market to develop more stably and orderly.

In fact, at present, the vitality of China's used car market has greatly improved. Statistics show that the sales of used cars in China increased from 180,000 in 1999 to more than 6 million in 2014, an increase of 33 times in 15 years, and the average annual growth rate was 25%. The average transaction price of used cars is also increasing year by year, from 30,000 yuan in 2005 to 60,000 yuan in 2014, doubled in 10 years, with an average annual growth rate of 8%.

In the first quarter of this year, China's second-hand car trading volume reached a new high, with cumulative trading volume reaching 2,265,500 units, an increase of 4.28% year-on-year. Among them, the transaction volume in March reached 884,000, an increase of 8.59% year-on-year, an increase of 52.62% from the previous month, and the transaction volume reached 49.74 billion yuan.

At the same time, the age of used cars traded in China is showing a “younger” trend, and the speed of vehicle circulation is accelerating. According to the statistics of the China Automobile Dealers Association, the number of vehicles with a service life of 3 to 6 years last year was the highest, accounting for 66.97%; within three years, the proportion was 18.49%; the proportion of vehicles over 10 years old was 9.23%, in March this year, the proportion has dropped to 6.88%.

In addition, with the accelerated integration of the Internet and used car business, many O2O companies have accelerated into the used car market. The used car platforms such as the used car and the car are not only the big ones of the used car market, but also The market has brought a new development model and development ideas.

"The development of Internet finance has solved the problem of funds for many used car transactions, which is also very helpful for promoting the development of used cars." Shen Rong said.

● Waiting for the implementation of the policy details

Whether it is 10 million or 12 million, this is not the end of the development of used cars in China.

Compared with developed countries, the ratio of used cars to new cars in China is still relatively low, only 0.38:1, less than 1/10 of the US, 1/8 of Germany, and 1/6 of Japan and South Korea. Therefore, the Ministry of Commerce spokesman Shen Danyang once said that in the future, the annual transaction scale of used cars in China will reach 36 million, calculated according to the bicycle 55,000 yuan, and the transaction amount will exceed 2 trillion yuan.

"And this goal must be achieved smoothly, continue to maintain the vitality of the used car market, and need policy stimulus." Shen Rong said, therefore, not only need to break the restrictions, but also need the support of other relevant policies.

A used car dealer told reporters that "at present, the tax system and the defects of the property rights system are important obstacles to the development of used cars."

The dealer further explained that the tax rate on used car transaction tax is not uniform. Enterprises engaged in used car trading are subject to a 2% levy; auction houses engaged in used car auctions are subject to a 4% tax rate; private transactions in the professional used car market are not subject to transaction tax. "Differential taxation is not conducive to the establishment of a fair market competition mechanism."

The lack of temporary property rights system means that the seller is difficult to transfer the vehicle before finding the buyer, which affects the speed of the used car.

The “National Eight Articles” has already mentioned the above two issues, and it is required to integrate the procedures of second-hand car transactions, taxation, insurance and registration, and carry out one-stop services to promote the entry service to the qualified second-hand car trading market; In accordance with the principle of "unified tax system, fair tax burden, and promotion of fair competition", combined with the comprehensive push-up of the pilot reform of the camp, the tax policy for used car transactions will be further optimized.

In this regard, Shen Rong said that the introduction of the specific implementation rules of the 'National Eight Articles' is the key to promoting the sustainable and stable development of the used car market."

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