Trade Minister: Used Car Prices Will No Longer Exceed Zero Prices

Trade Minister Ömer Bolat made a critical statement regarding the imbalance in the automobile market.
 Trade Minister: Used Car Prices Will No Longer Exceed Zero Prices
READING NOW Trade Minister: Used Car Prices Will No Longer Exceed Zero Prices

In our country, the automobile industry continues to suffer for almost 3 years. Those who will own cars for the first time cannot find new cars in dealerships, and when they enter second-hand advertisement sites, they encounter prices much higher than dealer prices.

While this situation is still unavoidable, an important statement came from the Minister of Commerce Ömer Bolat today. Bolat announced that second-hand vehicles sold on the internet can no longer exceed the price of new vehicles.

Interviews were held with all classifieds sites, price stabilization is expected in July – August:

Bolat, in his statement, shared that he had discussed with all online sales sites regarding the car prices on the advertisement sites. He stated that we will not wait too long to see the effect of the new regulations.

“It won’t be long before you see the effect. We will see a stabilization in prices like July-August.”

With the Official Gazette dated June 21, the 6 month – 6000 kilometer limit regulation applied in automobile sales was extended:

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