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EBS Consultancy, one of the renowned companies that keeps the pulse of the automotive industry in Turkey, used car market current data published. According to the EBS Consultancy
EBS Consultancy, one of the renowned companies that keeps the pulse of the automotive industry in Turkey, used car market current data published. According to the EBS Consultancy report, based on the data obtained from notaries, the used car market in Turkey is, at least to some extent, in motion.
September 2023 was a crucial period for the used car market in Turkey. Because from that date on the second-hand market the peace has begun. The market contraction lasted for exactly 9 months, i.e. until July 2024. Shared data shows that the used car market has been growing for 3 months it reveals.
As you can see in the table above, in September 2024 658 thousand 566 units A transfer of used cars was carried out. This figure was 38.87 percent more than in September 2023. Moreover, the most active period of the year occurred in September 2024. With the latest data shared, in the period January-September 2024 5 million 118 thousand 937 It was recorded that 1,000,000 second-hand cars were transferred.
The statement from Erol Şahin from EBS Consultancy on this topic reads as follows:
The contraction, which started in September 2023 and lasted 9 months, ended in July. The increase continues in September after August…
According to the official notary report of September 2023, the used car market grew by 38.87% compared to the same month in 2023 and exceeded 658 thousand units…
While the market dropped to 5 million 118,000 units with a loss of 7.13% at the end of the first 9 months, the total loss in the market is more than 392,000 units in the first 9 months and 785,000 units in the last 12 months. ..
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Source: Web Tekno
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