Statement by the Minister of Commerce on “Imports of Used Cars”
July 11, 2023
0
The government has taken new steps with regard to the problems experienced in the automotive sector. to normalize the market believes. In this context; now individuals 6 months
The government has taken new steps with regard to the problems experienced in the automotive sector. to normalize the market believes. In this context; now individuals 6 months – 6000 km border was decided to be included. Moreover, with another decision made in the recent past, used cars are made from scratch. places at a higher price forbidden. For those who don’t follow the rules I was told he would be fined..
Commerce Minister Omer Bolat, made some evaluations about all these activities. The agreements that have been made In a few weeks Bolat stated that it will pay off and stability in the automotive sector will be ensured. Let’s take a closer look at the statements of Ömer Bolat together.
‘There was a relaxation in second-hand sales’
“second hand sale that you relax We observe. It will take a few more weeks, but we will ensure stability in the market in a short time.Minister Ömer Bolat’s full statement on this subject is as follows:
Classifieds sites have been warned not to set a second-hand price higher than the new car price from July 15. Advertising sites will also warn those who want to post these ads. Failure to comply will result in a fine of up to 300 thousand lira. The necessary contacts and cooperation were established with the Union of Notaries of Türkiye. From 15 July, notaries are not allowed to make more than 3 individual sales. We have seen some very serious practices of greed here. It is rather a kind of speculation and investment tool than buying a car out of necessity, but there are attempts to exchange it for speculation, manipulative and exorbitant prices. With the measures we have taken over the past two weeks, we have made very important agreements in this area. We see some dealers being forced to market their vehicles from stock, calling their customers and even galleries to whom they say ‘there is no vehicle’ and say ‘there is a vehicle, would you like to buy it’ . We’re seeing second-hand sales declining, and we’re seeing second-hand sales, which are also more expensive, getting a downward momentum towards the selling price of new vehicles. It will take a few more weeks, but we will stabilize the market here soon.
However, there is one thing that confuses us. The main reason for the stagnation in the second-hand market is regulation. may not be. It is a well-known fact that banks turn off the credit taps. In addition, under BRSA regulations, only 50 percent credit can be used for cars priced at 800 thousand TL. In short, buying a used car has been a pain lately it got harder.
“There will be no import of used cars”
Some “journalists” have been on social media lately. an artificial agenda they tried to create. According to their claim, the government would import cars from abroad and thus ensure equilibrium in the market. However, the so-called journalists who interpreted this could not properly explain why the government would do such a thing when the car industry was already experiencing explosions. Of course, your job current account deficit had size.
Here, Ömer Bolat also made statements on this issue, which is on the agenda on social media. Bolat explained that such a thing would not happen with the following words:
When importing used cars, each no study done. However, decisions regarding the economy are not only the decisions of our ministry, but these decisions are made after extensive consultation with our president and cabinet. For now like this on imports of used cars there is nothing.
Donald Salinas is an experienced automobile journalist and writer for Div Bracket. He brings his readers the latest news and developments from the world of automobiles, offering a unique and knowledgeable perspective on the latest trends and innovations in the automotive industry.