Car prices in Turkey have always been moving upwards for many years. Although we see decreases depending on the exchange rate balance and the number of vehicles in stock, it has doubled the prices a few years ago. Of course, this had a negative effect on car rental prices. So much so that it is now possible to rent a car for a few months for the amount that was bought a few years ago.
Car rental prices exceeded 0 car prices!
According to the compilation shared by Emre Özpeynirci today, car rental prices have increased many times over in a few years. In fact, there is an increase of 5 times compared to 5 years ago and 15 times compared to 8 years ago. When we look at automobile prices, we see a 10-fold increase in this process. In other words, rental costs increase at a much higher rate.
Nowadays, it is possible to rent a car on an hourly, daily and monthly basis and with prices determined accordingly, through many applications. However, Cheeseci offers a compilation based on the rental method limited to 36 months and 30 thousand km per year.
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Accordingly, the rental prices of Toyota’s Corolla model with gasoline and automatic transmission options by years and 0 sales prices in the same period are as follows:
| Years | Monthly rental fee (36 months – over 90 thousand km) |
0 km dealer sales price |
|---|---|---|
| 2015 | 1.400 TL | 53 thousand 500 TL |
| 2016 | 1.400 TL | 59 thousand 200 TL |
| 2017 | 1.800 TL | 65 thousand 950 TL |
| 2018 | 3 thousand 300 TL | 88 thousand 400 TL |
| 2019 | 3 thousand 800 TL | 105 thousand 550 TL |
| 2020 | 4 thousand TL | 161 thousand 800 TL |
| 2021 | 5 thousand 100 TL | 220 thousand 200 TL |
| 2022 | 21 thousand TL | 539 thousand 450 TL |
As can be seen in the table above, people who rent a car for 3 years from 21 thousand TL will pay 756 thousand TL in full. In other words, car rental prices exceed 0 price even within the scope of the 3-year agreement, which can be considered the most appropriate.
Moreover, the Corolla model given in the example here is among the most suitable options. Again, according to the compilation of Cheeseci, if you want to rent a Megane or equivalent C-segment automatic transmission, you should consider the monthly 25 thousand 300 TL.
Of course, there are many people who prefer to turn to D segment vehicles like Passat. In such cases, it is necessary to increase to the level of 40 thousand TL. However, regardless of Corolla or other models, it is more expensive than buying a vehicle with a high interest rate vehicle loan, even if 36 months of rental is made in order to reduce the monthly rental price in car rental.
This means that the cars of the car rental companies pay for themselves in 3 years. Of course, these companies do not buy all cars by taking out loans. However, the operating costs should not be overlooked.
At the end of these 3 years, looking at the price increase graph of the last 8 years, we can say that they can sell the cars at higher prices than they bought them, even though they are second hand. But since many people are aware of this situation, they no longer rent if it is not for a short time.
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