Attention to buy a used car! Price increase expected to continue – The right address for financial news

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Murat Şahsuvaroğlu, President of Automotive Authorized Dealers Association (OYDER), stated that they think that prices will continue to increase when they look at the mobility in second-hand automotive. ” said.

Şahsuvaroğlu made a report to the AA reporter regarding the price developments in the second-hand automotive market.

Turkey’s automotive market is still consumers who want to change vehicles due to be experienced difficulties in the supply of new vehicles voicing Used vehicle orientation Şahsuvaroğlu, it was also stated that the reason for the increase of the price the lack of sufficient supply versus demand formed in the new car market.

Answering the question of whether second-hand automotive prices will continue to rise, Şahsuvaroğlu said, “Although it is not true to say yes to this clearly, we think that the prices will continue to rise when we look at the second hand movement. Accordingly, it can be said that the demand shifts to the second hand. ” he spoke.

In the second quarter, with the zero vehicle stock level reaching the level to meet the demand, Şahsuvaroğlu said that the price increase in the second hand will soften a little more. used the expression.

‘A SHAREHOLDER SUPPLY IN THE SECOND HAND MARKET ALSO’

Şahsuvaroğlu stated that the segment independent price increase in second-hand vehicles in December 2019 was 117.9 percent and 5.8 percent in the first 15 days of 2020.

Pointing out that there was a shrinkage in supply in the second hand market as well as in the zero vehicle market, Şahsuvaroğlu said, “In December, many people chose not to sell their vehicles. purchases vehicles regardless of the price increase. ” said.

‘AUTHORIZED DEALERS ARE THE RIGHT PLACE IN THE SECOND HAND’

Şahsuvaroğlu, who made suggestions for second-hand vehicles, said:

“As an association, our recommendation for those who will buy second-hand vehicles will be to prefer authorized dealers especially for vehicles between the ages 1-10. On the one hand, authorized dealers sell vehicles with the most accurate and up-to-date information, and they are also reliable sources in terms of the safeguards after the vehicle is purchased. thus, those who want to buy will be advantageous both in the selection of the vehicle and the purchasing facilities offered to them and the safeguards after their purchase. As for zero vehicles, the automotive dealers are the right places in the second hand. ”

SOURCE: AA

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