Second Hand Car Statement from Toyota Türkiye CEO

The coronavirus has brought the concept of social distance into our lives, and in addition, public banks have increased the number of people who want to buy a new vehicle. affordable interest loans The offer has tremendously increased the interest in both new and second-hand cars. However coronavirus Due to this, factories could not produce for 2-3 months, causing the supply to decrease while the demand for automobiles increased.

According to Toyota Türkiye CEO Ali Haydar Bozkurt, although there is a clear deterioration in the supply-demand balance, second hand car This is not the main reason for the real increase in prices. In his statements, Bozkurt talked about both the price of second-hand cars and the fact that distributors are held responsible for this increase.

"The citizen on the street advertises his car at the price he wants. If someone goes out and buys it at that price, no one can say anything to him."

Stating that they already expect an increase in the demand for new cars this year, Bozkurt said: “Production full capacity The supply shortage grew even more severe due to the lack of demand and the demand that had been waiting for 2 years. Of course, we expected an explosion in demand even if there was no pandemic. “We expected this year to be a better year.” he said.

"Of course, there is this; there is opportunism in the market. How does it exist? increase in second-hand vehicle prices Distributors and dealers are asked. The second-hand vehicle market is not our business. “We sell new vehicles.” who says Toyota Türkiye CEOHe spoke as follows about those who buy new vehicles and then sell them at higher prices:

"The citizen on the street puts his car on the ad at whatever price he wants. He can put it up. It's a free market. He can sell it at that price or not. If someone buys it at that price, no one can say anything to him. But the addressees of the development in the second-hand market are not the distributors."

“Some people put a 20 thousand TL difference on the car after purchasing it and put it in the ad.”

The increase in second-hand car prices is due to the increase in the number of new cars. very little effect Bozkurt underlined that “The second-hand price of every product, not just automobiles, is determined by zero anyway.” He said and explained why new cars have little impact on the price of second-hand cars:

"The problem these days is this: Do you know why companies cannot influence the increase in second-hand sales? The vehicle in the hands of the dealer has a list price. The car is sold at the list price. But some people put money on their car after purchasing it." By making a difference of 20 thousand TL If he puts it in an ad, there is nothing we can do.”

“There is a regulation regarding second-hand buying and selling”

There is an issue regarding second-hand car prices exceeding new cars. legal regulation Stating that it is a must, Toyota Türkiye CEO stated that there is a regulation on this issue, but this regulation has been postponed. Stating that the legal regulation will both relieve the market and save galleries and dealers from opportunists, Bozkurt concluded his statements as follows:

"This law needs to be passed as soon as possible. The dealer tells the price and sells it. The person who buys it the next day opportunism doing. The dealer cannot understand this. We cannot follow this. However, if this regulation were put into effect to prevent this opportunism, we would immediately prevent second-hand troubles. I think that issue should not be postponed any longer. "The galleries that do second-hand work, both for us and for our customers, are tired of these opportunists."