The regulation that will ruin the dreams of everyone who is opportunistic in sales of new and second-hand cars, especially galleries and dealers, was published in the Official Gazette today. No second-hand vehicles (from cars to motorcycles) can be sold above the current sales price of manufacturers and distributors, and advertisements cannot be placed on various sites.
What does the used car buying and selling regulation mean?
First of all, it is now officially illegal for dealers to demand an amount above the manufacturer and distributor’s current list sales price for new vehicles. Similarly, galleries were prevented from buying these vehicles, having them built 6 thousand km in various ways, and selling them above the zero price after the 6th month.
Of course, many people already say that second-hand vehicles will be advertised at list sales prices and then asked to pay in cash (as some dealers have been doing for a while). However, in the past period, there was no sanction against this situation.
In other words, a person or gallery could buy tens of brand new cars, run it on 6 thousand km track, and ask for double the price when the 6th month is up. This will no longer be done legally, and penalties will be imposed with more frequent inspections.
REGULATION ON AMENDING THE REGULATION ON TRADE OF SECOND HAND MOTORIZED VEHICLES
ARTICLE 1- In the first paragraph of Article 2 of the Regulation on the Trade of Second-Hand Motor Land Vehicles published in the Official Gazette dated 13/2/2018 and numbered 30331, after the phrase “conditions sought in the collective workplace and vehicle markets,” the phrase “related to the advertisements of second-hand motor land vehicles” rules and obligations” has been added.
ARTICLE 2- The phrase “first paragraph of article 11 of the Law on Regulation of Electronic Commerce dated 23/10/2014 and numbered 6563” has been added to the first paragraph of Article 3 of the same Regulation, following the phrase “subparagraph (b) of the first paragraph”.
ARTICLE 3- The following provisional article has been added to the same Regulation.
“Ad Restriction
PROVISIONAL ARTICLE 3- (1) Marketing of second-hand motor land vehicles at a price higher than the current sales price recommended by the manufacturer or distributor, is considered second-hand motor land vehicle trade in terms of the application of this article.
(2) Second-hand motor land vehicles cannot be marketed by advertisement at a price higher than the current sales price recommended by the manufacturer or distributor, until 1/1/2024.
(3) Real or legal persons that act as an intermediary in placing advertisements for the sale of second-hand motor vehicles are obliged to warn those who enter advertisements contrary to the second paragraph before the advertisement is published, and to convey to the Ministry all information regarding advertisements contrary to the aforementioned paragraph and the advertisers, in accordance with the Ministry’s requests. The obligation to warn includes the current sales price of the vehicle recommended by the manufacturer or distributor to the advertiser and the information that the advertised price to be entered will be in violation of this Regulation.
(4) In accordance with the second paragraph, the Ministry decides to determine the class, brand, type, type, model year of second-hand motor land vehicles and, in case of adding accessories and/or equipment, the maximum amount and/or rate that can be added to the current sales price recommended by the manufacturer or distributor. authorized.”
ARTICLE 4- This Regulation enters into force on 15/7/2023.
ARTICLE 5- The provisions of this Regulation are executed by the Minister of Commerce.
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