TREE NEWS reports: Used pure electric vehicles sold at auction in China averaged 51,300 yuan in 2025, 12,600 yuan more than the 38,700 yuan average for combustion-engine cars, the China Association of Auctioneers said in its annual motor vehicle auction report. Nationwide vehicle auction volume reached 1.3221 million units, up 7.04% year on year, with turnover of 53.66 billion yuan, up 8.71%, marking an eighth consecutive annual record. Consignment volume rose 18.06% to 3.1151 million units.
China Used EV Auctions Average 51,300 Yuan, Topping Fuel Cars by 12,600
AI take
The premium for used EVs over combustion cars at auction is a notable signal for China's secondary market, suggesting residual values for electric models are holding up better than the common narrative of rapid depreciation. It matters for fleet operators, dealers and lenders who price risk off auction outcomes. Whether this EV premium persists as volumes rise is the open question, along with whether record auction turnover reflects genuine liquidity or simply more consignment supply chasing buyers.
Generated by AI for reference only.
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