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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McKinsey. (April 4, 2016). Share of consumers´ reasons for considering used cars in China in 2011 and 2016 [Graph]. In Statista. Retrieved April 23, 2021, from https://www.statista.com/statistics/585570/consumer-reasons-considering-used-cars/
McKinsey. "Share of consumers´ reasons for considering used cars in China in 2011 and 2016." Chart. April 4, 2016. Statista. Accessed April 23, 2021. https://www.statista.com/statistics/585570/consumer-reasons-considering-used-cars/
McKinsey. (2016). Share of consumers´ reasons for considering used cars in China in 2011 and 2016. Statista. Statista Inc.. Accessed: April 23, 2021. https://www.statista.com/statistics/585570/consumer-reasons-considering-used-cars/
McKinsey. "Share of Consumers´ Reasons for Considering Used Cars in China in 2011 and 2016." Statista, Statista Inc., 4 Apr 2016, https://www.statista.com/statistics/585570/consumer-reasons-considering-used-cars/
McKinsey, Share of consumers´ reasons for considering used cars in China in 2011 and 2016 Statista, https://www.statista.com/statistics/585570/consumer-reasons-considering-used-cars/ (last visited April 23, 2021)