Cost per kilometer for private car user in China in 2020, by city tier and segment

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Release date

June 2021

Region

China

Survey time period

2020

Supplementary notes

One yuan equals approximately 0.15 U.S. dollars and 0.13 euros (as of August 2021).
The average purchase price of private cars with internal combustion engines in tier 1, tier 2, and tier 3 and below cities are RMB240,000, RMB180,000, and RMB120,000, respectively.
The depreciation cost of a private car is calculated based on the life-cycle of 7 years.

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