According to the statement, in 2023, a vehicle in Turkey will change hands an average of 6 times and reach the real user.
While the route to be followed by the Turkish automotive industry in the new year is eagerly awaited, Otomerkezi.net, the only domestic second-hand company, shared important highlights. The company made important statements about the unregistered rate and foreign companies in the automotive market. Stating that Otomerkezi.net, which was established 10 years ago, is currently the only corporate second-hand vehicle brand with 100% domestic capital. Otomerkezi.net CEO Muhammed Ali Karakaş, “When we look carefully at last year, 7 million vehicles were sold, most of them were duplicates and unregistered. When we look at it as Automobile + HTA, it is at the level of 4.5 million. A vehicle changes hands 6 times before reaching the real user. We see in the news brokers without a license who sell 60 vehicles a year and say they will continue trading because they only received a 1 million TL penalty. On the other hand, all our competitors in the sector have foreign capital and entered our domestic market with great incentives and tax advantages. In this unfair competitive environment, we call for incentives to be more fair and for more serious sanctions to be imposed on unregistered intermediaries. “In such an environment, it is very difficult to say that there is an incentive to institutionalize and bring the sector to high standards.” said.
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Sharing his expectations for the new year, Karakaş stated that currently 200 thousand new kilometer vehicles remain in stock in showrooms and individuals: “Zero kilometer starts 200 thousand units behind. 37 new new cars will enter the market, so competition will be tough in the new mileage segment. In the same vein, we think that second-hand vehicles will also enter a tough competitive environment. There are currently approximately 800 thousand vehicles on sale, and there will be no movement of second-hand vehicles until this number decreases to 450 thousand. Due to these factors, we expect a market of maximum 800 thousand in new and 7 million in second hand.”