In recent years, with the rapid development of Advanced Driver Assistance Systems (ADAS), vehicular millimeter-wave (mmWave) radar plays an important role in urban intelligent transportation system. Self-interference caused by multipath in radar channel is a widely concerned problem. However, the research on radar channel propagation characteristics is very limited and there are few models for radar channel available. In this paper, we propose a pioneering research for radar channel model. Based on measurement data, channel characteristics are analysed using the space-alternating generalized expectation-maximization (SAGE) algorithm. An empirical statistical model is established for the 77GHz mmWave radar channel in the underground parking lot scenario, which is one of the most challenging environments because of time-variation and abundant multipaths, filling the gap in the field. A path-association algorithm is used to obtain multipath component (MPC) trajectories in delay, Doppler frequency and power domains. Additionally, some trajectory (in range domain) features are analysed. Moreover, based on geometric analysis of trajectories in range domain, the deterministic component of trajectories is modeled, and then a novel method for discrimination between actual targets and ghost images is proposed and verified by simulation and measurement data.