New decline in second-hand sales: 700 thousand vehicles are on sale from trustees!

A new breath in the second-hand market! As of tomorrow, 700 thousand vehicles will be put on sale in trustee car parks. With this mass sale, a serious decrease is expected in the second-hand market. Here are the sales and details of 700 thousand vehicles that will be left in trustee car parks…

700 thousand vehicles are on sale from trustee car parks! Here are the details…

As you know, there are legal restrictions such as traffic bans, wrong parking, unpaid fines, liens, etc. Cars seized by the state are kept in trustee car parks. The expected news came from the trustee car parks, which have now turned into a kind of garbage dump with vehicles waiting for many years, rather than large car parks.

According to this news, 700 thousand cars in trustee car parks will be put up for sale tomorrow through tender. With 700 thousand cars entering the second-hand market, a serious discount in second-hand car prices began to be expected. This discount move may create relief for both consumers and banks. Because many banks do not give loans exceeding 250 thousand TL to their customers.

As of today, there are nearly 2 million 200 thousand vehicles in total in trustee car parks. Many of these vehicles have been lying in parking lots for many years and are not usable. However, at least 200 thousand of the estimated 700 thousand vehicles sold are young and new cars under 5 years old. This means that there is an expectation of a decrease in second-hand figures, especially with the 200 thousand cars that will enter circulation. These cars can also be put into circulation as spare parts.

The remaining 1.5 million cars will continue their stay in trustee car parks. The administrative period determined for the sale of these cars must end. Vehicles are put up for sale at esatis.uyap.gov.tr ​​after the period that the state must legally preserve them expires. Details of the tender to be held are also stated on this site.