Authorization Certificate Becomes Necessary for Second Hand Vehicle Sales

It has been much talked about for a while in second-hand vehicle sales and is expected to come into force on September 1. authorization certificate requirement It was announced that those who applied under this scope did not even exceed 10 percent of the general total. second hand vehicle While the regulation regarding the sale of vehicles is going before President Erdoğan, after this new regulation, people who sell vehicles without an authorization certificate 5 thousand TLPenalties will be imposed starting from . 

The authorization certificate application, which is mandatory for people dealing in second-hand car buying and selling, will start on September 1, 2020. It was stated that significant fines will be imposed on companies that do not receive the certificate by this period. engaged in second-hand vehicle trading in Turkey 50 thousand businesses While it was announced that only a small number of these businesses have issued the document so far. 

Even 5 thousand out of 50 thousand businesses did not receive the document

Stating that approximately 7 thousand businesses in Istanbul are engaged in the sale of second-hand vehicles, Görkem Konu, Vice President of the Istanbul Motor Vehicle Dealers Association, said that around 500 of these people have authorization certificates, while the others have not yet issued them. In addition, even though they are entitled to receive the authorization certificate, Konuk said that there are still transactions whose certificates have not been delivered by the Provincial Directorates of Commerce, and that the period given to the merchants has not expired. on August 31 He stated that people who do not have this document will not be able to buy or sell second-hand vehicles.

Unregistered sales will decrease

September The authorization certificate requirement, which will come into our lives with the month of October, will reduce unregistered transactions in second-hand vehicle sales. This will prevent anyone from selling vehicles indiscriminately. According to data obtained in 2019, 3.5 million, that is, half of the second-hand car sales market, which was around 7 million, was unregistered.

Second-hand prices are expected to decrease

Konu said that galleries will be able to find more affordable vehicles after the document requirement comes into force, adding that for this reason, second car prices may decrease slightly. Konu said that the final version of the Regulation on Amendments to the Regulation on the Trade of Second-Hand Motor Vehicles is currently on President Erdoğan's desk, adding that according to this new regulation, companies selling without documents will receive a per vehicle fee per vehicle. 5 thousand TL He stated that he would be fined.

It will not be possible to open a virtual shop without documentation

With the new regulation that will come into force, vehicles offered for sale on the internet will also be subject to "authorization certificate control" will be required. Businesses that do not have this document will not be able to open a store electronically. In addition, businesses are required to use the title or business name in the authorization certificate as the store name in the electronic environment.

There will be a 7-day limit on the expert report

With the new regulation, businesses that sell second-hand cars will be able to purchase the documents purchased up to seven days before the date of sale. expert report is required to keep it. In cases where the vehicle is not sold for a reason caused by the buyer, the buyer will be asked to pay the fee for the expert report, and in other cases, the business holding the authorization certificate will be asked to pay the fee.