The automobile market in Turkey has experienced major changes, especially last year. Due to the negativities in the market, second-hand vehicles have become more expensive than new vehicles. However, according to recent research, there is a decrease in the prices of second-hand vehicles.
Second Hand Car Prices Have Been Declining for 7 Months
Bahçeşehir University prepared a report using the sahibinden website. This report covers what is happening in the automobile market. According to the report, the second-hand market declined, which led to an increase in sales.
According to research, second-hand vehicle prices have decreased by 8.5% compared to last year. According to this decrease, the average price of a second-hand vehicle on the sahibinden website is 860 thousand 443 TL. In this way, demands increased by 5.6%. If prices are calculated independently of inflation data, they appear to have been declining for the last 7 months.
Although the demand increases, it seems that the car ads placed on the sahibinden website have decreased. Even though demand increases, supply decreases.
Source link: https://www.tamindir.com/haber/sahibinden-ikinci-el-otomobil-fiyatlari_86549/