Passenger Link Branch: The overall passenger car market price change index in November was -0.39, and the market transaction price was 157,900

The Zhitong Finance App learned that on December 29, the Passenger Transport Association and CAM released the national passenger car market price/preferential index trend report. The overall market price change index for the national passenger car market in November 2025 was -0.39, and the market transaction price was 157,900. The overall market transaction price in November increased by 7,757 yuan compared to the previous month, an increase of 5.17% over the previous month. Looking at various market segments, only the MPV market saw a decline in transaction prices, and the car and SUV market saw a slight recovery; among them, the sedan market (4.49% ↑), the SUV market (5.78% ↑), and MPV (4.39% ↓).

National overall passenger car market price index for November 2025

2025 Overall Preferential Change Index — November

The overall market preference change index for November was -1.3, and the market preferential margin was 25,700

The overall discount margin of the market this month decreased by 841 yuan compared to the previous month, down 3.17% from the previous month

Among major market segments this month, the discount margin for the SUV and MPV markets declined markedly; among them, sedans (0.3% ↑), SUVs (6.3% ↓), and MPVs (6.4% ↓)

2025 Index by Body Shape — November

The car market

The price change index for the car market in November was -8.16, and the market transaction price was 122,600

The overall transaction price of the sedan market this month increased by 5,266 yuan compared to the previous month, an increase of 4.49% over the previous month

Looking at all market segments, there has been an increase in market transaction prices. Among them, the transaction price of the B-grade market increased significantly; among them, grade A00 (0.59% ↑), grade A0 (1.70% ↑), grade A (1.15% ↑), grade B (3.23% ↑), and grade C (1.04% ↑)

The preferential change index for the sedan market in November was -0.17, with a market preferential margin of 27,700

The overall discount margin for the sedan market this month increased by 77 yuan compared to the previous month, an increase of 0.28% over the previous month

The A00 level market discount margin continued to increase this month; among them, level A00 (1.8% ↑), level A0 (6.2% ↑), grade A (6.2% ↓), grade B (7.2% ↓), and grade C (7.6% ↑)

The SUV market

The SUV market price change index in November was 6.62, and the market transaction price was 183,500

The overall transaction price of the SUV market this month increased by 10,035 yuan compared to the previous month, an increase of 5.78% over the previous month

The B-level market saw a significant increase in transaction prices this month; A0 grade (0.89% ↓), grade A (0.41% ↑), grade B (4.43% ↑), grade C (0.94% ↑)

In November, the SUV market preferential change index was -2.31, with a market discount margin of 241,000

The discount margin for the SUV market this month decreased by 1,609 yuan compared to the previous month, down 6.25% from the previous month

Looking at various market segments, only A0 level market preferential margins have increased, while other levels have weakened to varying degrees; among them, grade A0 (8.9% ↑), grade A (2.9% ↓), grade B (10.7% ↓), and grade C (0.9% ↓)

MPV market

The MPV market price change index in November was -5.01, and the market transaction price was 263,300

The overall transaction price of the MPV market this month decreased by 11,942 yuan compared to the previous month, down 4.39% from the previous month

Sales share in the 200,000-300,000 price segment has declined month after month

Among the TOP10 models, the Wuling Starlight 730 was officially launched, with outstanding performance, and the top three in the MPV market by Yuejin

In November, the MPV market preferential change index was 0.14, with a market preferential margin of 207,000

The overall discount margin for the MPV market this month decreased by 1,406 yuan compared to the previous month, a decrease of 6.36% from the previous month

The monthly sales share of models with a discount margin of 10,000 or more in the market this month continues to decline

In TOP10, the Xipeng X9 extended version was launched, and the overall market discount margin was greatly reduced

New energy market price change index for November 2025

2025 Overall New Energy Market Price Change Index — November

The overall NEV market price change index in November was -0.82, and the market transaction price was 161,600

The overall transaction price of the new energy market this month increased by 9,516 yuan compared to the previous month, up 6.26% from the previous month

The transaction prices in the SUV market have increased month-on-month, including sedans (7% ↑), SUVs (4.9% ↑), and MPVs (7.4% ↓)

2025 Overall Renewable Energy Market Preferential Change Index — November

The overall NEV market preferential change index in November was -0.13, with a market preferential margin of 0.97 million

The overall discount margin for the new energy market this month decreased by 86 yuan compared to the previous month, down 0.88% from the previous month

MPV market concessions continued to weaken this month; cars (4.3% ↑), SUVs (5.7% ↓), MPVs (4.7% ↓)

2025 Index of various body types - November

New energy car market

The NEV market price change index in November was -11.06, and the market transaction price was 107,000

The transaction price of the NEV car market this month increased by 7,031 yuan compared to the previous month, an increase of 7.03% over the previous month

Only the A level market saw a month-on-month decline in transaction prices this month, with other levels increasing to varying degrees; A00 (0.6% ↑), A0 (1.7% ↑), A grade (0.4% ↓), B grade (7.1% ↑), and grade C (1.3% ↑)

In November, the NEV market preferential change index was 0.87, with a market discount margin of 10,000

The overall discount margin for the NEV car market this month increased by 409 yuan compared to the previous month, an increase of 4.28% over the previous month

The C-level market offers increased significantly this month; among them, level A00 (1.8% ↑), level A0 (6.2% ↑), grade A (4.4% ↑), grade B (11.5% ↓), and grade C (18.2% ↑)

New energy SUV market

The NEV SUV market price change index in November was 6.75, and the market transaction price was 205,600

The overall transaction price of the new energy SUV market this month increased by 9,611 yuan compared to the previous month, an increase of 4.91% over the previous month

Transaction prices in the B-level market increased significantly this month, including A0 grade (3.9% ↓), grade A (0.5% ↓), grade B (6.6% ↑), and grade C (0.7% ↑)

The NEV SUV market preferential change index in November was -0.71, with a market discount margin of 0.93 million

The discount margin for the new energy SUV market this month decreased by 561 yuan compared to the previous month, down 5.71% from the previous month

The A0 level market discount margin increased significantly this month; among them, level A0 (30.8% ↑), grade A (0.2% ↓), grade B (13.6% ↓), and grade C (1.6% ↓)

New energy MPV market

The NEV MPV market price change index in November was -12.98, and the market transaction price was 291,400

The overall transaction price of the new energy MPV market this month decreased by 23,385 yuan compared to the previous month, down 7.43% from the previous month

The share of sales in the price segment above 300,000 continues to decline

Among the TOP10 models, the Starlight 730 was officially launched this month, and its sales share increased slightly and entered the top three

In November, the NEV MPV market preferential change index was -0.32, with a market preferential margin of 12,700

The overall discount margin for the new energy MPV market this month decreased by 623 yuan compared to the previous month, a decrease of 4.67% from the previous month

Among the TOP10 models, Extreme Krypton 009 market discount margin increased slightly