The automotive industry has been through an interesting period over the past two years. Until about a year ago, supply was far below demand, meaning there were no vehicles on the market and prices rose rapidly. second-hand car prices even rose above zero. With demand far below supply over the past year, sales figures are well below last year’s levels, even though brands have announced campaign after campaign.

The significant increase in vehicle availability and the cessation of the dollar’s rise kept prices stable for a long time. The prices of second-hand cars have fallen noticeably, thanks to the fact that the prices of new cars have not increased significantly and thanks to the campaigns. So is it wise to wait or act early before buying a new car?

‘It is impossible that prices will fall’

According to the news from the world, both sales and prices will increase in the near future. Abdullah Acıbadem, Chairman of the Konya Chamber of Car Dealers and Traders, said in his statement on the subject: “It is impossible that prices will fall. Because for new vehicles Periodic increases come every month. This sometimes has to do with the exchange rate and sometimes with higher production costs abroad.he said.

Acıbadem said that high interest rates are affecting the market: “Most importantly, the Central Bank has kept interest rates constant lately. Citizens who deposited the money for which they had previously purchased a vehicle into an interest-bearing deposit account blocked not only the trade in cars, but also in the general market, including real estate. Currently there are large deposits waiting in the banks, paid at interest. Once this money comes out of interest rates, it will certainly create activity in the domestic market with the fall in interest rates. After this movement has taken place, the points on the vehicles are closed.He said in a sense, those considering buying a new vehicle should take action before interest rates drop.