China's used vehicle market size has increased three fold in last 5 years from 2012 to 2017. Introduction of major online companies such as Guazi, Uxin Group, and Renrenche has increased the penetration rate of online companies in China.
For more information about the report, refer to below link:
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/china-used-vehicle-market/149475-100.html More