After the second-hand vehicle regulation announced today, it was not an extreme surprise, zeros were removed from some ads.
Today, officially second-hand 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. In the official statement made today, the following was stated against this situation: “Any advertisement contrary to this regulation will be accepted as second-hand motor land vehicle trade by our Ministry and per the advertisements for those who place these advertisements. An administrative fine of up to 300 thousand TL may be imposed.”
3 zeros are taken from cars 🤣 https://t.co/mTTWpFSWel
— Emre Özpeynirci 🚙 (@eozpeynirci) July 6, 2023
Statement made within the scope of the step taken today it was like this: “We continue our efforts meticulously in order to prevent hoarding and unfair practices and related exorbitant price increases that have disrupted the supply-demand balance in the automotive sector, and to ensure efficiency in the purchase and sale of motor vehicles by re-establishing a competitive, fair and stable market structure in the sector. Within the scope of combating hoarding actions and exorbitant price practices in the automotive sector, our Ministry has decided to take additional measures in order to eliminate practices that cause consumer grievances.
In this context, by amending the Regulation on the Trade of Second-Hand Motor Vehicles, Until January 1, 2024, the marketing of second-hand motor vehicles at a price higher than the current sales price recommended by the manufacturer or distributor has been restricted.. This regulation will enter into force on 15.7.2023 and covers both individual and commercial announcements of all real and legal persons. Within the scope of this restriction, all real and legal persons will be warned by the “advertising platforms” about the advertisements that may violate the regulation at the stage of posting. Despite this warning, the advertisements given in violation of the said restriction and the information about the advertiser will be forwarded to our Ministry of Commerce by the advertisement platform. Any advertisement contrary to this regulation will be accepted as second-hand motor land vehicle trade by our Ministry, and Administrative fines of up to 300 thousand TL can be applied per advertisement.
Another issue is the restriction on sales that violate the “6 months-6 thousand kilometers marketing and sales restriction”, which was decided to be extended by our Ministry for 6 months (until 1.1.2024). According to this regulation, sales in violation of the “6 months-6 thousand kilometers regulation” of all real and legal persons who sell 3 or more second-hand motor vehicles without authorization in a calendar year, as well as those who sell with a license to trade second-hand motor vehicles. is blocked by it.
In the light of the studies carried out by our Ministry of Commerce, second-hand motor land sales records of real and legal persons are under scrutiny. In 2023, individual and corporate sellers who sell more than 3 second-hand motor vehicles without an authorization certificate have been identified and their defenses are requested from these sellers. Administrative fines may be imposed on these individuals in the coming days, taking into account their defenses by our Ministry. As the Ministry of Commerce, our inspections and sanctions continue with full determination throughout the country to prevent acts where our consumers may suffer, by closely monitoring the supply-demand imbalance in the sector, attempts to gain unfair profits and unfair commercial practices. It is announced to the public with respect.”