Second Hand Car Statement from the Minister of Commerce

Trade Minister Ömer Bolat made statements about the automobile industry. Stating that the regulations will ensure stability in the market, Bolat also spoke about the issue of second-hand imports.

The government has taken new steps regarding the problems experienced in the automotive sector. to normalize the market believes. In this context; now individuals 6 months – 6000 km border was decided to be included. In addition, with another decision taken in the recent past, second-hand cars are made from scratch. posting at a higher price prohibited. For those who don’t follow the rules I was told that he would be fined..

Trade Minister Omer Bolat, made some evaluations about all these activities. The arrangements made in a few weeks Stating that it will start to bear fruit, Bolat stated that stability will be ensured in the automotive sector. Let’s take a closer look at the statements made by Ömer Bolat together.

“There was a relaxation in second-hand sales”

second hand sales that you relax we observe. It will take a few weeks, but we will ensure stability in the market in a short time.The full statement of Minister Ömer Bolat on the subject is as follows:

Ad sites have been warned not to put a second-hand price higher than the new vehicle price as of July 15. Ad sites will also warn those who want to put these ads. If this is not followed, a fine of up to 300 thousand liras will be imposed. Necessary contacts and cooperation were established with the Notaries Union of Türkiye. As of July 15, notary publics will not carry out more than 3 individual sales. We’ve seen some very serious practices of greed here. It is a kind of speculation and investment tool rather than buying a car out of necessity, but there are efforts to trade it for speculation, manipulative and exorbitant prices. We have made very important arrangements in this regard with the measures we have taken in the last two weeks. We observe that some of the dealers are forced to put their stocked vehicles on the market, call their customers and even galleries to whom they say ‘there is no vehicle’ and say ‘there is a vehicle, would you like to buy it’. We observe that second-hand sales are loosening, and we observed that second-hand sales, which are also higher in prices, are gaining downward momentum towards the new vehicle sales price. It will take a few weeks, but we will soon stabilize the market here.

second hand market

However, there is one thing that confuses us. The main reason for the stagnation in the second-hand market is the regulations made. may not be. It is a well-known fact that banks turn off the credit taps. On top of that, in accordance with the BRSA regulations, only 50 percent credit can be used for cars with a price of 800 thousand TL. In summary, it was already difficult to buy a used car, lately it got harder.

RELATED NEWS

The Ministry’s Second-Hand Car Arrangement Remained From the First Day: 1,000 Lira in the Announcement, 1 Million Liras in the Selling!

“There will be no used car imports”

Some “journalists” have been on social media lately. an artificial agenda they tried to create. According to their claim, the government would import automobiles from abroad, thus ensuring the balance in the market. However, the so-called journalists who voiced this could not fully explain why the government would do such a thing while the automotive industry was already experiencing explosions. Of course, your job current account deficit had size.

No used car imports

Here, Ömer Bolat also made statements about this issue, which is on the agenda in social media. Bolat explained that such a thing would not happen with the following words:

In the import of second-hand cars, any no study done. However, decisions regarding the economy are not only the decisions of our Ministry, but these decisions are taken through extensive consultations with our President and the cabinet. For now such on the import of used cars there is nothing.

RELATED NEWS

Published in the Official Gazette: The Price of Used Cars Will Not Exceed Zero (But…)

Source :
https://www.aa.com.tr/tr/ekonomi/ticaret-bakani-bolat-ikinci-el-aracta-satislarin-gevsedigini-musahede-ediyor/2942118#


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