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Second-hand cars in Turkey, last year from an interesting period passed. The negativities in the market made used vehicles more expensive than new ones. The government has made
Second-hand cars in Turkey, last year from an interesting period passed. The negativities in the market made used vehicles more expensive than new ones. The government has made several efforts to prevent this, but these efforts have been made did not give the desired result. The second-hand market has improved relatively as the shortage of new cars has disappeared. Research also shows that there are price drops on the second-hand market.
Bahçeşehir University, Turkey’s leading advertising platform sahibinden.comUse of the data in “Automotive market prospects” has prepared a report called “. This report explains what is happening in the car market. Looking at the data shared is the prices of used cars there is a decline And in parallel we see that turnover on the market is starting to increase. Let’s look at the details of that study together.
According to the research, real prices of used cars increased by 6 percent compared to the previous month and by 6 percent compared to January of the previous year. by 8.5 percent showed a decrease. Accordingly, the average price on sahibinden.com is, 860 thousand 443 TL happened. The report stated that prices also fell when adjusted for inflation. Even if used car prices are considered independent of inflation data, It has been declining for 7 months.
*Graph showing how prices change month to month.
Research shows that the demand index for cars has increased compared to the previous month. An increase of 5.6 percent showed that. On the other hand; The ratio between the number of cars sold and the number of advertisements for sale increased by 0.8 points. In other words: there has been an increase in the number of cars sold. In the meantime; Data sourced from sahibinden.com, number of vehicles advertised A decrease of 1 percent turns out it had happened. In other words, while the demand for used cars increases, the supply decreases.
*Comparative graph of the number of used cars advertised and the number of cars sold.
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Source: Web Tekno
Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.
