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Share of Chinese consumers´ reasons for considering used cars in 2011 and 2016

This statistic illustrates the results of a survey on the share of consumers' motivations to buy used cars during their last car purchase in China, in 2011 and 2016. The most prevalent reason in 2016 was to get a lower price compared to a new car. This differs from the reason named in 2011, to buy a used car as a temporary solution.

Share of consumers´ reasons for considering used cars in China in 2011 and 2016

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Source

In cooperation with
McKinsey
Release date

April 2016

Region

China

Survey time period

March 2016

Number of respondents

1,671*

Method of interview

Online survey

Supplementary notes

* The source adds the following information: "The survey sample consisted of 1,671 respondents in 2016 and 366 in 2011, divided evenly among five geographic categories (Tier 1 cities, Tier 2 cities, Tier 3 cities, Tier 4 cities, and rural areas). The respondents also represent a wide range of vehicle types, age groups, incomes, and internet-use levels."
The source does not provide the original wording of the question posed during the survey. The wording of the question chosen for this statistic may therefore differ slightly from the original.
Multiple answers were possible.

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Statistics on "Automobile sales in China"

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