How Will the Decrease in Car Prices Reflect?

President Recep Tayyip Erdoğan announced the new system, which aims to protect citizens from currency fluctuations and distract them from foreign currency investments, yesterday evening. The details of which were shared in the past minutes, “Currency Protected TL Time DepositsWith the announcement of the ” system, the dollar, which was circulating around 18 TL, had seen below 12.50 TL in a short time.

Even though the dollar fell to the level of 11.26 after the announcement, seeing the lowest level of the last month, it continues to progress in a highly volatile manner. The fall of the dollar, which is currently 13 TL, from 18 TL started a new discussion: Will the hikes be taken back when the dollar increases? Here is an explanation about whether the price increases in the automobile market will be taken back.

“Discounts take 1 week – 10 days to arrive”

Motor Vehicle Dealers Federation (MASFED) President Aydın Erkoç stated that there will be a decrease in automobile prices, but that this will not happen in 1-2 days explained. Erkoç stated that the markets should accept the decrease in the exchange rate for a decrease in prices, and said that after that, the dealers will make discounts on new vehicles. He added that there will be discounts on second-hand prices as well.

Erkoç said that the expected discounts will come. 1 week or 10 days expressed. The price of this discount It can be as much as 20 – 25 thousand TL in a 300 thousand TL car. transferred. Finally, Erkoç said that the market, which has become unstable due to the chip crisis and COVID-19, will probably settle in the 6th month of 2022.

With the decline of the dollar rate, the average in all models of Citroen, Opel and Peugeot as of today 10 – 11% discount had been disclosed. It is also stated that Renault’s price list is being updated.