Especially in the last few weeks of May, which is at the center of the election period, there are serious signs of movement in used car sales.
The month of May, when zero kilometer car prices increased significantly, is also at the center of the election period in Turkey. Especially in the last few months, we have been observing the double-sided effects of the process, which has limited days, at different points. Price increases, which are also affected by the second-hand car market, draw great attention despite all these dynamics. Today, the forward movements in the exchange rate and the problems in zero kilometer vehicle supply continue, the demand for second-hand vehicles continues to increase. The notifications by the sector representatives that the vehicle prices will increase after the election directs the users to all kinds of options they can reach. by brands operating in the market Second-hand sales, which are emphasized to have increased by more than one hundred percent in the last weekOn the auto expertise side, it has more than doubled the circulation in this one-week period. Making statements about the process, Pilot Garage General Coordinator Cihan Emre draws attention to the fact that panic buying and selling is observed intensely on the consumer side.
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Panic effect in used car purchases
Expressing in his statements that the demand has increased at an extraordinary level, Emre; “Since the prediction that the prices will rise after the election is dominant among consumers, panic buying and selling is at a high level at the moment. He sells a vehicle to buy a different vehicle, and buys it because of the price increase that does not exist. On the new vehicle side, we are informed that most brands have left the supply after the election. It is popular second-hand because it is more accessible. Currently, the majority of buyers are in the used car market, but if you need a car, buy it these days. This demand will also trigger price increases.” he stated.
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