Recently, the China Automobile Dealers Association, Luo Lei, Deputy Secretary General predicted that this year the total trade of used cars is expected to reach 300 million units. According to his analysis, the following factors will contribute to the development of used-car market this year: First, per capita disposable income growth. Last year, China urban per capita disposable income growth rate for the first time exceeded the gross domestic product (GDP) growth rate, expanding domestic demand as possible, automotive market will continue its rapid growth, but also will drive the used car market maintained rapid growth. Second, farm incomes will increase. This year, China's preferential agricultural policies will allow more farmers to get rich. Has great potential for development of rural second-hand car market will further expand. Third, the peak change is coming. The industry believes that, in 2002 and 2003 sales of 7.99 million new cars about to enter the update period will follow second-hand car trading volume increased significantly. Fourth, the main types of mature second-hand car business. Second-hand car market through the service upgrade, expand service content, to achieve further development and continue to act as a major trading patterns; with the circulation of second-hand car tax problems, second-hand car distribution business will continue to grow and develop; distribution company, a large number of vehicles to the market sources, used car auction industry resource scarcity will be a certain degree of ease; part of the primitive accumulation of capital has completed the brokerage firm will be second-hand car second-hand car distribution company to the professional transformation. Fifth, the business will be the replacement of the fast-growing second-hand car market, a powerful engine. Lei Luo said that although there are many second-hand car industry, "chronic illness", but with the improved market conditions, changes in consumer attitudes and the accumulation of cars in the next year of second-hand car trading volume continues to grow.

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