After the second-hand vehicle regulation announced today, zeros were removed from some advertisements. A quick official statement was made about this.
Today you know that officially used motor land vehicles marketing by advertisement at a price higher than the current selling price recommended by the manufacturer or distributor. Restricted until January 1, 2024. On top of that, the prices of many ads on sales sites are “to break the ban” changed. Some people bought vehicles that normally cost more than 1 million TL at ridiculous prices such as 1,100 TL, and in some advertisements, it was seen that vehicles worth 800-900 thousand TL were reduced to 70-80 thousand TL. When this situation made a lot of noise on the agenda, it was not indifferent. Republic of Türkiye Ministry of Commerce, The following new statement on the subject, or rather, the warning made:
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“PRESS RELEASE REGARDING DELICIOUS ADVERTISEMENTS UNDER THE REPUBLIC OF TURKEY MINISTRY OF COMMERCE ADVERTISING RESTRICTION
As is known to the public, on 06.07.2023, the Regulation on the Trade of Second-Hand Motor Land Vehicles was amended, and the marketing of second-hand motor vehicles at a price higher than the current sales price recommended by the manufacturer or distributor was restricted until January 1, 2024. Any advertisement contrary to this regulation will be accepted as second-hand motor land vehicle trade by our Ministry, and an administrative fine of up to 300 thousand TL per advertisement may be imposed on those who place these advertisements.
However, with the publication of the regulation, it has been determined that the vehicle advertisement prices are entered or updated by discarding zero on the advertisement sites. In addition, the news on social media regarding announcements of this nature reach our Ministry.
In order to circumvent the said regulation, advertisements of this nature that are both deceptive and misleading to the consumer and do not carry reality will also be evaluated within the scope of the said advertisement restriction, and an administrative fine may be imposed by our Ministry on those who place these advertisements. In this context, our Ministry held meetings with the advertisement platforms and warned its members within the scope of this restriction at the advertisement entries, and warned that all necessary measures should be taken in this regard.
Our Ministry will continue to take all kinds of additional measures in order to eliminate practices that cause consumer grievances within the scope of combating hoarding actions and exorbitant price practices in the automotive sector. It is announced to the public with respect.”