China Automobile Dealers Association: Mid-size SUVs and MPVs continued to maintain a high level of value preservation in September

The Zhitong Finance App learned that on October 9, the China Automobile Dealers Association and Jingzhen Evaluation jointly released the “September 2026 China Automobile Value Preservation Rate Research Report”. The report shows that in September, the overall value preservation rate at all levels showed a steady, moderate, and slight upward trend, changing the downward situation in July and August. As the market enters the traditional peak sales season, the value preservation performance, which continued to decline in the previous period, has eased, but improvements at various levels are still mainly dominated by minor adjustments. Looking at market segments, medium and large SUVs and MPVs continue to maintain a high level of value preservation. Medium and compact SUVs have rebounded, while small SUVs continue to decline.

Changes in online vehicle supply volume Online vehicle supply ushered in a recovery

Online vehicle supply rebounded in September, with a month-on-month increase of 5.2%. At the end of that month, the previous three-month decline was followed, and vehicle activity resumed during the peak season. However, the number of vehicles in September was still down 7.3% year over year. This month's recovery reflects a return to the monthly pace during the peak season, and the number of online vehicle sources has not changed compared to the same period last year. As far as the industry is concerned, reasonable pricing and improving the turnover efficiency of car sales sources are still business priorities during this peak season.

The value preservation rate of each level The value preservation rate of each level has steadily increased slightly

In September, the overall value preservation rate at all levels showed a steady, moderate, and slight upward trend, changing the downward situation in July and August. As the market enters the traditional peak sales season, the value preservation performance, which continued to decline in the previous period, has eased, but improvements at various levels are still mainly dominated by minor adjustments. Looking at market segments, medium and large SUVs and MPVs continue to maintain a high level of value preservation. Medium and compact SUVs have rebounded, while small SUVs continue to decline. Different trends within SUVs indicate that this month's changes are not on the same rise for all models, and the value performance of used cars is shifting from general pressure until now to differentiated adjustments.

Luxury brand value preservation rate The overall value preservation rate of luxury brands stabilized

In September, the value preservation rate of luxury brands rebounded moderately, a change from the general weakening situation in August. Porsche is in first place, and Lexus continues to be at the forefront. Mercedes-Benz, BMW, and Audi are also improving at the same time. Although Lincoln, Volvo, and Jaguar have improved, there is still a certain gap between the level of value preservation and leading brands. Overall, the luxury car market is shifting from general pressure to differentiated adjustments. Monthly increases are not in sync with value preservation rates, and differences between luxury brands are still clear.

Mainstream overseas brand value preservation rate joint venture value preservation rate stabilized amid divergence

In September, the overall value preservation rate of mainstream joint venture brands stabilized. Compared with the decline in most brands in August, most of the changes this month were small, and the market moved from general pressure to differentiated adjustments. Japanese brands continued to occupy the top three, with Toyota maintaining the top position, while Honda and Mazda declined slightly, showing a different trend within the leading brands. Brands such as Buick and Nissan have rebounded. Overall, the downward pressure on joint venture brands generally eased in September, and the leading value preservation pattern remained stable, but the monthly performance of each brand did not improve at the same time.

Independent brand value preservation rate Independent brand changes

In September, the value preservation rate of independent brands continued to decline. GAC Trumpchi and Tank continued to take the lead, and the leading pattern remained stable; brands such as Ideal, BYD, and NIO also declined only slightly. The stable pattern of leading brands exists at the same time as the continued decline of most brands, indicating that the value preservation performance of independent brands in September is still being adjusted, and the pressure is not the same from brand to brand. Similarly, the pressure brought about by new models from independent brands has also caused the used pricing of existing models to continue to be adjusted. Therefore, the phased improvements in the market are not simultaneously reflected in the value preservation rate of independent brands.

The value preservation rate of popular models is a best-selling joint venture compact car

In the popular joint venture compact car market, which covers the demand for mainstream family vehicles, Lavida is at the top of the market with the long-standing user trust, mature and stable product performance, and extensive market holdings accumulated by Volkswagen brands. The Audi A3 and Corolla are at the forefront, showing the continued support for value preservation rate performance in the joint venture compact car market by brand awareness, product reliability, and distribution foundations.

Popular models show value preservation rates for mainstream joint ventures mid-size cars

In the mainstream joint venture midsize car segment, which combines business travel and family quality vehicles, Passat ranks first with its calm and atmospheric product image, popular brand influence, and long-standing user reputation. Magotan and Camry are at the forefront, demonstrating the core values of product maturity and brand trust in the joint venture midsize car market.

Popular models show value preservation rates for medium and large joint ventures

In the joint venture medium and large vehicle market, which emphasizes luxury texture, brand recognition and business attributes, the Mercedes-Benz E-Class ranks first with the influence of luxury brands, mature product reputation, and a stable high-end user base. The Cadillac CT6 came to the forefront with its American luxury design language, spacious space, and strong product atmosphere, showing the value support of second-tier luxury brands in the medium and large car market.

Popular model value preservation rate performance joint venture MPV

In the joint venture MPV market, which is highly dependent on scene recognition and user trust, Buick GL8 ranks first with its business reception advantages, stable brand reputation, and strong user base in the high-end MPV field formed over many years. Grevia and Sana are at the top and together form a high-value camp in the joint venture MPV market.

Popular models show value preservation rate compact MPV

In the compact MPV market segment that takes into account family travel, space utility and vehicle cost, the Trumpchi M6 ranks first with its clear household MPV positioning, flexible and practical spatial performance, and GAC Trumpchi's continuous accumulation in the MPV field. Wuling Hongguang PLUS and Touran L are at the top, showing the important support for practical properties and stable reputation in the compact MPV market.

Popular models show value preservation rate of pure electric mid-size SUVs

In the market of pure electric mid-size SUVs, where competition is fierce and users' requirements for intelligent and family travel experiences are constantly increasing, the Ledao L60 ranks first with NIO system resources, clear positioning of family SUVs, and ease of use brought about by the power exchange and energy supplementation ecosystem. Model Y and Sea Lion 06 are at the top, showing the value support of brand strength, energy supplementation experience, and product maturity in the pure electric mid-size SUV market.

Popular model value preservation rate performance plug-in hybrid compact cars

In the plug-in hybrid compact car, the core market for the electrification transformation of mainstream sedans, the SEAL 05DM-i ranks first with BYD's DM technology system, advantages of low-energy vehicles, and balanced product positioning for home users. Changan Qiyuan A05 Classic and Qin PLUS took the lead, further demonstrating the key role of technical stability and vehicle economy in the plug-in compact car market.

Popular model value preservation rate performance plug-in hybrid mid-size car

In the plug-in hybrid mid-size vehicle market, which takes into account the need for household comfort, energy efficiency and quality upgrades, the Roewe M7 DMH ranks first with the vehicle economy brought about by the DMH hybrid system, stable mid-size vehicle product positioning, and the continued layout of the Roewe brand in the new energy family sedan market. The SEAL 06DM-i Travel Edition and the SEAL 07DM-i are at the forefront, demonstrating the value and vitality of the plug-in midsize vehicle market.

New energy SUVs with a value preservation rate of over 350,000 popular models

In the new energy SUV of 350,000 yuan or more, a core market that combines high-end positioning, business and family travel, and energy supplementation experience, NIO ES8 ranks first with the market base of 400,000-class popular products, a mature power exchange service system, and the comprehensive product capabilities of full-scene technology flagship SUVs. The new ES8 not only formed a considerable delivery scale on the first anniversary of its launch, but also further strengthened its value perception in the high-end new energy SUV market through high user recommendations and power exchange and energy replacement experiences. The Quanjie M8 and Tank 500 New Energy also rank at the top, which together shows that brand trust, energy efficiency, and home scenario experience in the high-end new energy SUV market support the important support for value preservation rate performance.

Popular models show value preservation rates, pure electric compact cars

In the entry-level electrification market of pure electric compact cars, Seagull ranked first with BYD's mature new energy technology system, flexible and practical urban commuting positioning, and a broad user perception base. Wuling Bingo and Dolphin are in the lead, which together reflect the comprehensive value of cost of use, product reliability and brand trust in the small pure electric market.

New energy vehicle market changes, power battery recycling system accelerated construction

This consultation focuses on the standard connection of waste power batteries from collection to treatment and utilization. If subsequent standards are implemented, the source, flow, and treatment process of decommissioned batteries are expected to be more clear, and the requirements for collaborative management between automakers, battery companies, maintenance outlets, and recycling companies will also be raised. Competition in the NEV industry extends from sales and use to disposal capacity after vehicle decommissioning.

Increase the advantages of value preservation rate of different types of new energy vehicles, pure electric value preservation rate

In September, the value preservation rate of pure electric vehicles rose to 45.7%, rebounding for the second month in a row; plug-in hybrid models ended the marked decline of the previous month. The gap between the two types of models widened this month, mainly due to the recovery of pure electricity, and the slight decline in plug-in mixing contributed less. The urban commuting scenario corresponding to pure electric models is quite clear. Vehicle cost, actual battery life, and battery condition are important factors for consumers to measure their usage value. Plug-in hybrid models must not only satisfy everyday pure electric travel, but also take into account long-distance use; in the context of continuous iteration of new car products, the pure electric battery life, energy consumption and usage experience of old models can be compared together.

New energy brand value preservation rate New energy brand declined

In September, the value preservation rate of new energy brands continued to decline. The decline has not yet generally stopped at the brand level, but the pace of value preservation rate adjustments has slowed down. Tesla continues to take the lead, tanks and GAC Trumpchi remain at the forefront, and the relative value position of leading brands remains stable. Some of the top brands also declined slightly in line with the overall market this month, and their value preservation advantage has not yet been transformed into an independent upward trend. This shows that the brand is still an important reference for judging the value of new energy used vehicles, but it cannot replace the analysis of specific products. Product modernization, price stability, and used car distribution performance of models are still the key to understanding differences in value preservation rates between brands.

Value preservation rate of major electric models

Among the main pure electric models in September 2026, the Xiaomi YU7, Ideal MEGA, and NIO ES8 performed well in the one-year age preservation rate. Among current models with excellent value preservation rates, independent brands account for a relatively large share.

Value preservation rate of major plug-in hybrid models

Among the plug-in hybrid models this month, the three models with a high one-year age preservation rate are Wei Brand Takayama, Titanium 7, and Wangjie M8.