To assess the economic benefits of battery reuse, the consistency and aging characteristics of a retired LiFePO₄ battery pack are studied in this paper. The consistency of battery modules is analyzed from the perspective of the capacity and the internal resistance. Test results indicate that battery module parameter dispersion increases along with battery aging. However, battery modules with better capacity consistency doesn't ensure better resistance consistency. Then the aging characteristics of the battery pack are analyzed and the main results are as follow: (1) Weibull and normal distribution are feasible to fit the capacity and resistance distribution of battery modules respectively; (2) SOC imbalance is the dominating factor in the capacity fading process of the battery pack; (3) By employing the incremental capacity (IC) and IC peak area analysis, a consistency evaluation method representing the aging mechanism variations of the battery modules is proposed and then an accurate battery screening strategy is put forward. This study not only provides data support for evaluating economic benefits of retired batteries but also presents a method to recognize the battery aging variations, which is helpful for rapid evaluation and screening of retired batteries for 2nd use.