New era in car sales! Will prices increase?

17 March 2021 0 By administrator


gave | Wednesday, March 17, 2021 – 14:36 | Last Updated: 17 03 2021 – 14:45

It concerns everyone who will buy a car. A new era has begun in car trading. With the new arrangement, installments of up to 60 months can be made in automobile sales. Saying that the decision was very positive, Mehmet Ali Özkan, Chairman of the Board of Garaj Avrasya, stated that there have been serious fluctuations in the second hand automobile market for the last 1 year due to the pandemic. Özkan said, “We expect a recovery in the sector with the increase in the number of installments. There will be serious dynamism especially in the sale of economic class cars. People started coming to get information. “If the demand is big after the action, there can be an increase of 5.10 percent, not a bigger shot” he said.

The Ministry of Commerce amended the regulation on the principles and rules to be applied in retail trade. According to the regulation published in the Official Gazette, installments of up to 60 months were offered for vehicle sales, while the housing installment limit was excluded. According to the regulation, installments are 60 months for the sale of vehicles with a final invoice value of 120 thousand TL or less, 48 ​​months for vehicles with a value between 120 thousand and 300 thousand TL, 36 months for vehicles between 300 thousand and 750 thousand TL, and installments for vehicles with a value of more than 750 thousand TL. It will be 24 months.

CANNOT DETERMINE LEAVES FOR 3 MONTHS

Garaj Eurasia Chairman Mehmet Ali Özkan, who said that there have been serious fluctuations in the second hand automobile market for the last 1 year due to the pandemic, said, “The prices increased by up to 30 percent and then decreased a little. Due to exchange rates, the second car prices exceeded zero vehicles for a while. As such, people turned to zero vehicles. People are anxious and do not know what will happen tomorrow. The activity we normally expected in February did not happen. “We expect a revival in the sector with the increase in the number of installments.”

EXPECTATION TO MOVE IN THE SECTOR

Stating that they found the decision very positive, Özkan said, “People are trying to stay afloat due to the pandemic. With installments of up to 60 months, we expect a serious revival, especially in the sales of economic class cars. There has been no increase in prices for a few months. But of course, this is the balance of supply and demand. If there is demand, there will be a volatility in price accordingly. The market is very stable, we cannot do business, so I do not expect an excessive increase in prices. If the demand is big after the action, there may be an increase of 5.10 percent, I don’t think there will be a shot other than that, ”he said.

PEOPLE STARTED TO GET INFORMATION

Özkan said, “The decision is much newer people, often coming to get information. I think it will be reflected in sales from next week. Many people were also expecting the number of installments to increase. I guess that the sector will enter the spring by moving. As the weather improves, people’s need for a car will also increase. We expect demand from March 20th, and this will benefit every sector, ”he said.

TOPÇU: I WILL BUY IF I AGREE ON THE PRICE

Tolga Topçu, who came to the gallery to look for cars, said, “When I learned about the new arrangement, I wanted to look at the vehicle prices. Buying a car has been in my mind for a long time. The vehicle I am looking at is clean and beautiful. It also offers credit for up to 48 months. I am thinking of buying if we agree on the price. The price of the vehicle I looked at was 132 thousand liras higher than the previous period, but normal compared to the market. “I have a budget of 150 thousand liras, of course, we will negotiate.”

OHANYAN: I WILL BENEFIT FROM THE INSTALLMENT

Sevan Ohanyan said, “I have been looking for 6 months to change my car. I’m looking for a newer model, the prices are as low as 20 percent, I’m looking for a 300,000 lira car. “I will benefit from installments that are difficult to give cash for all of them.”

TORUN: THOSE WHO COME TO THE GALLERY WERE ASKING PRICE AND GOING

Gallery employee Alican Torun said, “People started to ask about the new arrangement. They want to learn how to benefit. In particular, we think that these inquiries will return to the sale towards the end of the month. In the last few months, with the campaigns in new cars and the arrival of new vehicles, the arrivals were generally asking the prices, the purchase was very low, ”he said.

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