New Car Sales Decreased: Second Hand Sales Increased!

The current and growing chip crisis all over the world continues to hit automotive manufacturers. We talked about the fact that the showrooms were empty due to this crisis experienced in the past days, and the disruptions experienced in the production of many companies.

With the growing effects of the crisis, automobile sales were also greatly affected. New car sales have dropped significantly compared to last year. Of course, it would not be right to attribute the reason for this only to the chip crisis. Due to the economic situation in our country rising prices also had a major impact on this decline.

New car sales are on a steep decline

Uğur Sakarya, Deputy General Manager of Doğan Trend Automotive Retail Operations and Suvmarket, revealed how much sales are affected by the current situation in our country. According to the figures announced by Sakarya New vehicle sales have fallen by 34 percent since March last year.Used car sales are on the rise. The majority of people prefer second-hand cars because their economic situation is not suitable for buying a new car. For this reason, while the decline in the sales of new vehicles continues, second-hand sales are increasing.

Sakarya said that he did not think that the increase in VAT in second-hand car prices from 1 percent to 18 percent would cause a negative impact on sales, and that this regulation would mostly affect the profits of the dealers. Current used sales about 40 percent more than in February stated that. In addition to second-hand vehicles, which had a higher sales rate than last year, another category on the rise was SUVs. Uğur Sakarya announced that SUV vehicles have started to be preferred more frequently in our country and the population of sedan cars has decreased. According to ODD reports in recent months SUV vehicles, which are the most preferred segment It is predicted that its rise will continue to increase in the future.