China’s used bus market performed strongly in 2025, with a total transaction volume of 1.1499 million vehicles, a year-on-year increase of 5.85%, becoming an important engine for the growth of the commercial vehicle market.

Overall Market Performance

Record-Breaking Transaction Volume

The total transaction volume of the used vehicle market exceeded 20 million vehicles in 2025, with commercial vehicles contributing significantly. As an important component of commercial vehicles, buses maintained a stable growth pace, demonstrating the market’s resilience to passenger transport, group travel, and modification demands.

Monthly Trends

In December 2025, the monthly transaction volume of used buses reached 109,900 vehicles, a month-on-month increase of 7.41% and a year-on-year increase of 6.01%, showing a clear year-end surge and continued strengthening market activity. Data from January 2026 shows that bus transaction volume continued to maintain a high level, with a year-on-year increase of 21.93%, a good start.

Popular Vehicle Models and Sources

In the used bus market, the following types of vehicles circulate frequently:

Large Commercial Buses

30-50 seat buses from brands such as Yutong, King Long, and Higer, commonly used for tourist transport or shuttle services. These vehicles typically come from bus companies’ replacement programs or tourism companies’ vehicle trade-ins.

Medium-Sized Commercial Buses

Models such as Toyota Coaster, Ford Transit, and Maxus V80 are highly sought after in the used bus market due to their suitability for business receptions and small group travel. Especially popular are “one-owner” vehicles with good condition and low mileage.

New Energy Buses

With the increasing number of new energy vehicles on the road, used electric buses (such as Changjiang pure electric buses) are entering the market, attracting some short-distance shuttle buyers due to their low operating costs.

Policy and Distribution Environment

Facilitated Cross-Regional Circulation

Nationwide restrictions on the transfer of National V emission standard used cars have been lifted, and cross-provincial registration for used car transactions has been implemented, significantly lowering the barriers to purchasing vehicles in different locations and allowing used buses to flow more flexibly to regions with high demand.

Export Opportunities

Used buses that meet national standards can also be sold overseas through companies with export qualifications, especially to countries along the Belt and Road Initiative, providing new channels for absorbing vehicle inventory.