Used Vehicle Sales and Prices Rise

New and used car markets have been experiencing constant developments against the citizens for a long time. Those who have savings or those who want to invest taking a vehicle While trying to prevent their money from being stamped, “how can so many people buy a car if the economy is bad?” are the subject of their determination.

In the shadow of all these different views, different increases occur in the vehicle market. According to Indicata’s second-hand online market report, sales in the passenger and light commercial vehicle market are in October compared to September. increased by 6 percent and reached 121 thousand 149. In the report, vehicle prices are increased by 5.4 percent. is seen.

Vehicle sales decreased compared to previous years, while prices increased

According to the report, where passenger cars and light commercial vehicles are on sale with a share of 82 percent and light commercial vehicles with a share of 18 percent in second-hand online sales, vehicle sales decreased by 42 percent this year compared to October last year. According to January-October 2020 data, this decrease was 27 percent. In October, 239,319 vehicles were released to the second-hand online passenger and light commercial market. 51 percent sold. It was stated that the number of these vehicles was 12 percent less than last month.

In the last 10 months of 2021, 2 million 970 thousand 762 vehicle advertisements were published in the second-hand online market, and these 44 percent sold. Looking at the engine type of the vehicles in the market, it was 76 thousand 372 units in October, or 63.04 percent. diesel vehicle appears to have been sold. Diesels are followed by gasoline with a share of 34.12 percent and hybrid cars with a share of 1.21 percent. While the share of autogas vehicles is 1.12 percent, electric cars have a sales rate of 0.51 percent. Looking at the best-selling vehicle segment in October, there is the C segment with 39,921 units.

According to the result obtained by examining the most sold brands and models in the second-hand market and looking at the price changes of 39 thousand 105 advertisements, there was a 5.44 percent price increase in the second-hand online passenger and light commercial vehicle market compared to the previous month. When compared to the last 10 months of 2021, a 13.8% price increase was determined. This data in the report with all unpublished listings considered ‘sold’ was also reported.