Business

Vehicle sales decreased in the second-hand online vehicle market in Turkiye

Sales in the second-hand online passenger and light commercial vehicle market decreased by about 10% in April compared to the same period of the previous year, reaching 172,450 units.

Last month, 327 thousand 273 corporate advertisements were published online. While the number of advertisements increased by 1% compared to April last year, 53% of the vehicles in the advertisement, that is, 172 thousand 450 units, were sold. Sales fell about 10% compared to April last year. The share of automobiles in sales was 82% and the share of light commercial vehicles was determined as 18%.

In January-April 2023, there was a 12% increase in the number of advertisements and a 20% increase in the number of sales compared to the same period of the previous year. In the first 4 months, 651 thousand 539 units were sold.

According to the analysis made by examining the price changes of 2 thousand 23 variants of 253 models of the first 32 brands with the highest sales in the second-hand online market, 118 thousand 815 advertisements in the 2010-2022 model years, in April, retail prices in the second-hand online passenger and light commercial vehicle market increased by 7.7% compared to the previous month.

Second-hand electric car sales reached 719

When Turkiye’s second-hand online passenger and light commercial market is evaluated according to engine type, diesel automobiles had the highest share in April 2023, with sales of 103 thousand 259 units.

Diesel cars were followed by gasoline cars with 62 thousand 339 sales and auto gas cars with 2 thousand 247 units.

The sales of hybrid cars were 3,886, and the sales of second-hand electric cars were 719. In April 2022, 583 second-hand electric cars were sold.

In addition, 40% of the passenger cars sold last month were C-segment vehicles. Compared to the same period of the previous year, the share of SUV segment vehicle sales in total passenger vehicles increased by 25%.

Source: Trthaber / Prepared by Irem Yildiz

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