In the pure EV sector, Chinese brands dominated the 2025 resale value rankings, claiming 12 of the top 15 spots. The China Automobile Dealers Association released the “2025 China Automobile Resale Value Retention Rate Report.“ Looking at the overall resale value retention rates across different vehicle classes, MPV models have the highest rate, with a three-year resale value retention rate reaching 57.69%. They are followed by mid-to-large-size SUVs and mid-to-large-size cars, with rates of 55.33% and 54.12%, respectively. Small SUVs have the lowest resale value retention rate, at only 48.17% over three years. Overall Resale Value by Vehicle Class, 2025 Breaking it down by energy type: In the pure electric vehicle (BEV) segment, the 2025 resale value rankings clearly show a pattern of dominance by domestic Chinese brands. Among the top 15 models by resale value, 12 are from Chinese automakers, with the remaining 3 all from Tesla. The Xiaomi SU7 tops the list with a one-year resale value retention rate of 86.05%, followed by the AITO M9 and the Li Auto MEGA, with rates of 82.44% and 78.56%, respectively. Furthermore, Zeekr and XPeng each have two models that made it into the top 15 for resale value: the Zeekr 009, Zeekr 7X, XPeng P7+, and MONA M03. 2025 Pure Electric Model Resale Value Rankings In the plug-in hybrid (PHEV, including extended-range) vehicle segment, the Wenjie M9 secured the top spot with a one-year resale value retention rate of 83.14%. The Porsche Cayenne E-Hybrid and the Tank 700 PHEV ranked second and third, with resale value rates also exceeding 80%, at 82.82% and 82.04%, respectively. It is worth noting that in this sub-segment, Tank has four models on the list, and Li Auto has three. Similar to the pure electric market, the plug-in hybrid market also exhibits a clear trend where higher-end models tend to retain their value better. 2025 Plug-in Hybrid Model Resale Value Rankings Overall, in 2025, China’s used car market continued to benefit from policy incentives. The vehicle replacement policy spurred a concentrated release of replacement demand. Coupled with the nationwide cancellation of restrictions on inter-regional used car transfers, cross-regional circulation vitality saw a significant boost, expanding the national used car circulation landscape. 2025 Cross-Regional Circulation Status Data from the China Passenger Car Association shows that China’s cumulative used car transaction volume in 2025 reached 20.108 million vehicles, a year-on-year increase of 2.52%, representing an additional 493,800 vehicles compared to the same period last year. The cumulative transaction value was 1.28979 trillion RMB. It is worth noting that the proportion of new energy used vehicles continues to rise. In 2025, the annual transaction volume for new energy used cars reached 1.6 million vehicles, accounting for 7.9% of the total annual transaction volume, an increase of 2.2 percentage points year-on-year.