There is a shortage of new vehicles in the automotive market. As a result, the rise in new car prices is also reflected in used cars. Rising car prices have turned the car into an investment vehicle. Those who want to buy a car, on the other hand, closely follow the trend in the prices of new and used cars. Car prices have started to vary on a weekly basis, even as prices are rising, the demand for the car continues. The expectation of a price increase also pushes those who want to buy a car to act.
The business started in the second-hand car market in Eskişehir, a few days before Eid-al-Adha. Those who want to visit their relatives during the holiday and spend the holiday traveling have looked for a vehicle suitable for their budget. Those who want to sell and buy vehicles have created a density in the sales area. Cars in segments B and C filled most of the sales areas. The density in the used car market was seen from above with a drone.
“If there is a clean vehicle, it is always sold”
Fikret Harlar, who came from Konya to the used market in Eskişehir to put his vehicle up for sale, said: “The market is always good if there is a clean vehicle. After the holidays, the market is very fast. The summer season has begun. When the holidays and holidays intervened, there were also changes in prices. Each commodity has a price. A car cannot be purchased without a valuation. Because the place is full of scammers, “he said.
“There is an increase with mobility”
Kerem Bozuyer, who said there has been a price increase with the business before the holidays, said: “It’s nice to be active before the holidays, but there is a rise with the business. They are increasing. The vehicle is currently in need. There is a hospital, a funeral or something else going on, it is not always possible to go by minibus and taxi. I hope the prices come down as soon as possible, “he said.
‘WE ARE DIFFICULT TO FIND A VEHICLE’
Last minute announcement on car prices. While the rise in new car prices in Turkey shifts demand for used cars, the dynamism in the used market is attracting attention. Stating that the demand for second-hand vehicles has increased due to problems in the production and supply of new vehicles, Motor Vehicle Dealers Federation (MASFED) President Aydın Erkoç said: “At the moment, we are having a hard time finding vehicles on the market. There was an artificial increase in prices as supply shortages arose and demand moved to the second hand. “Although prices rose due to the chip crisis and the inability to supply gas and mines from Russia to Russia. due to the war, the expected recovery and return to normal has not yet taken place, “he said.
“There are those who upset the balance of the sector”
Erkoç said that in addition to production disruptions, several factors that upset the market equilibrium have caused prices to rise and said: “Some foreign companies are entering the Turkish market by buying websites. It collects second-hand vehicles from the market. , stocks and keeps them in parking lots. We get frequent complaints from our members about this issue. Besides this, there are people outside the profession who are engaged in trading this business, as the used car is seen as an investment tool. They want to create a profit port by turning the rapid price increase in their favor. This causes an artificial price increase, “he said.
“PRICES WILL INCREASE BY 25%”
Explaining that a mid-range second-hand vehicle is currently between 300 and 350K TL, Erkoç said: “From now on, prices will increase by 25%. We advise our citizens who wish to purchase a used vehicle to buy a vehicle as soon as possible as we expect the price increase to continue and we say they should prefer companies and corporate structures with certificates of authorization so that they do not experience problems or fraud when purchasing a vehicle.
‘MARKET COMFORT WITH IMPORTS’
Erkoç said he received suggestions from industry representatives on the issue of bringing the import of underused vehicles to the agenda. Not only private individuals, but also brand distributors in our country can import vehicles.
As in previous years, if the import of used cars is allowed up to the age of at least 3, provided that taxes are collected, we believe that the imports will ease the markets, as long as the model, year and volume conditions of the engine as well as taking into account national production. Since the vehicle supply problem will be eliminated with this temporary application, it is possible to prevent the price increase or even a price decrease. While meeting the supply needs created by imports, our old vehicles, which are now a problem in traffic, can also be exported to countries in the Middle East.
‘CERTIFICATE OF AUTHORITY’
Informing that demand will continue to trend towards second-hand, Erkoç said studies are needed to regulate the second-hand sector, solve the problem of informality in the sector and eliminate consumer complaints. Noting that one of these is the law requiring a certificate of authority, Erkoç said the law should be implemented as soon as possible. Recalling that those who prevent people in need from accessing cars by selling at exorbitant prices have completely disrupted the price equilibrium in the market, Erkoç continued as follows.
“However, the trade carried out by competent persons with an authorization certificate has been formalized with a regulation to prevent these problems. If implemented, it will prevent those who make unfair profits and victimize consumers, and such an uncontrolled pricing environment will be prevented. “
“CAR BUYERS MUST HOLD HAND QUICKLY”
Stating that the second-hand car industry was very active before and after the Ramadan holiday, industry representative Cengiz Köse said: “Prices continued to rise after the party due to the exchange rate effect. It peaked in the past two weeks. With this increase, citizens preferred to wait. Prices will remain stable this week. Buyers should purchase according to their needs during this period. Because in the coming weeks they will have a hard time finding a clean vehicle with the features they want. They should use the opportunity in the two-week sales contraction to purchase vehicles. Otherwise, they will not have both the price and the variety of products during Eid al-Adha. “We are having a hard time finding a vehicle,” he said.
CRITICAL NOTICE TO CAR BUYERS!
As the business started in the vehicle market ahead of the upcoming Eid al-Adha, automotive skills expert Mübin Keleş has warned people that they are planning to buy a vehicle.
Keleş said citizens should definitely take the vehicles they buy to the car appraisal: “If a vehicle is comfortable with citizens at first glance, if we consider the market increase, they should buy it without thinking too much. I can do it. This tip. But they absolutely have to bring their vehicles to the evaluation. Because even in new, sometimes dented, rotten vehicles, we can come across painted parts, “he said.
“PROTECTS YOU FROM A SERIOUS PROBLEM”
Noting that some citizens find car valuation prices expensive, Keleş said: “Valuation prices may not be very positive. When buying a vehicle, ‘Why are we spending here again?’ They can think as they are. These small but high amounts you spend protect you from a serious problem, “he said.
“INFORMATION IS HIDDEN”
Mübin Keleş continued his words as follows:
“Even a master industrialist should take it to appraisal when buying a vehicle. Even if I am doing this job, or even if my teammates are doing it, we have an appraisal when buying a car. I just bought my car Why Unfortunately, due to ever-increasing prices, the information is a little more distorted and a little more hidden. Some people want to get into a more serial vehicle sales circulation. That’s why it’s important to know what it is and what what is it “are getting. Regardless of the sector or the person, an assessment must be made. “