2022 Preparation for Used Cars!

Cardata General Manager Hüsamettin Yalçın made up-to-date evaluations about the new and used vehicle market. Stating that zero kilometer vehicle prices will increase by 2022% until January 12 due to the chip crisis, global supply problems and ever-increasing exchange rates, Hüsamettin Yalçın emphasized that consumers will tend to buy second-hand vehicles again as of November, and that demand may increase used vehicle prices. Yalçın said, “Partial activity in July and August has decreased to a certain level since September. Due to economic reasons, consumers postponed their second-hand needs a little. We anticipate that the demand in the used vehicle market will gradually increase starting from November. This will naturally increase the prices of second-hand vehicles," he said.

Cardata, the largest data and second-hand pricing company in the automotive industry, also shared the list of the best-selling second-hand vehicle models in the passenger and light commercial vehicle class in October. Accordingly, Renault Megane led the list of the most preferred second-hand models. While Fiat Egea was the second most preferred vehicle by consumers, the third vehicle model was Volkswagen Passat. Two light commercial vehicles were also included in the top 20 list. These vehicles were Ford Tourneo Courier and Volkswagen Caddy. According to Cardata data, the average price of the best-selling second-hand vehicles in October was 219.560 TL, with 60% of these vehicles being sedans and 30% of hatchbacks. In the research, it was also among the prominent details that consumers continue to prefer models with diesel automatic versions, especially in second-hand vehicles.

While the problem of zero vehicle availability due to supply problems in the automotive market continues, the second-hand vehicle market is not experiencing hectic days, unlike the previous months. Cardata General Manager Hüsamettin Yalçın, who made up-to-date evaluations about the second-hand vehicle sector, pointed out that consumers are in a waiting period and that there may be active days in the second-hand vehicle market as of November, in line with the signs of prolongation of the problems in the supply of new vehicles. Hüsamettin Yalçın, who stated that used car prices are now on track, said, “Partial activity in July and August has decreased to a certain level since September. Due to economic reasons, consumers postponed their second-hand purchase needs a little and put them on hold. This situation enabled the prices of the second hand to settle on the rail. On the other hand, it is now openly spoken that supply problems in new vehicles will continue in 2022. We anticipate that the demand in the second-hand vehicle market will gradually increase towards mid-December, especially as of November. This situation will increase the prices of used cars a little bit. Therefore, we are at the right place to buy a second-hand vehicle right now.”

2022 could be the year of used cars

Emphasizing that companies engaged in second-hand trade since October are preparing for a new era, Cardata General Manager Hüsamettin Yalçın said; “The developments show that 2022 will be quite active in terms of the second-hand vehicle market. Realizing this, dealers and corporate second-hand vehicle companies, even large galleries, have started to collect vehicles to prepare for the new year. We, as Cardata, offer the "Sell Now" application, which shows the value of the vehicle in seconds, to the companies that trade second-hand vehicles. Thanks to the application, which can be accessed through the "We buy your vehicle immediately" link on the websites of automobile dealers, consumers learn the values ​​of their vehicles in seconds. Consumers who find the given price appropriate can request the relevant seller to contact them with a single click. In this way, we ensure that companies engaged in the purchase and sale of second-hand vehicles have easy access to the vehicles, while also strengthening the second-hand supply in the sector. Consumers can also benefit from our service. Those who want to learn the value of their vehicle can see an average value in seconds from our Cardata website and have an idea.”

“The price increase in zero kilometers can reach 12 percent at the beginning of the year”

Cardata General Manager Hüsamettin Yalçın, who also made evaluations about the zero kilometer vehicle market, emphasized that many new problems such as logistics, raw material and driver availability have been added to the chip crisis that the global automotive industry is facing, and that when all these factors are combined with internal dynamics, demand may decrease and prices may increase. Hüsamettin Yalçın said, “While the chip crisis and the accompanying supply problems continue, the exchange rate increase continues, especially in our country. Accordingly, new car prices go up. In Turkey, especially in the last 3 months, automobile sales are the most intense. However, since there will be a shortage of vehicle supply this year, the monthly zero kilometer vehicle sales of approximately 50-60 thousand will decrease further. For all these reasons, in the market and budget analyzes we have made, it is predicted that January 2022 will cost 12 percent more for zero kilometer vehicles than the current prices. Since zero kilometer vehicles cannot be found, the demand will shift to second-hand vehicles. This will stimulate second-hand demand. The revival of second-hand demand means that second-hand vehicle prices will increase.”

Renault Megane was the best-selling used car model in October

Cardata, the largest data and second-hand pricing company in the automotive industry, also shared the list of the best-selling second-hand vehicle models in the passenger and light commercial vehicle class in October. Accordingly, Renault Megane led the list of the most preferred second-hand models. While Fiat Egea was the second most preferred vehicle by consumers, the third vehicle model was Volkswagen Passat. Two light commercial vehicles were also included in the top 20 list. These vehicles were Ford Tourneo Courier and Volkswagen Caddy. According to Cardata data, the average price of the best-selling second-hand vehicles in October was 219.560 TL, with 60% of these vehicles being sedans and 30% of hatchbacks. In the research, it was also among the prominent details that consumers continue to prefer models with diesel automatic versions, especially in second-hand vehicles.

Here are the best-selling passenger and light commercial used vehicle models in October: