“Second-Hand Vehicle Prices May Increase Even More”

It is an undeniable fact that the coronavirus epidemic has affected the whole world and negatively affected almost every sector. One of the sectors hit hardest by the coronavirus is automotive. Put into effect due to the epidemic quarantine precautionscaused automotive giants to stop their production for months.

Naturally, new cars cannot be produced. second hand increased the demand for automobiles. Excessive rise in demand in a market where supply is weak during coronavirus days second hand cars are almost by tripling the price concluded. Moreover, in statements to IHA, President of Adana Automobile Buying and Selling Brokers Chamber of Tradesmen Mehmed Güveloğlu says that the situation may get worse.

“Car prices change every 5-10 days”

In the event of a possible second wave in the epidemic, second-hand car prices, which have already reached astronomical levels, will increase. will increase much more Expressing Güveloğlu, "The second-hand vehicle market is in a very good condition right now. Even dealers second hand He doesn't want to sell his cars. When he sells it because he can't get a replacement. After keeping a car for 10 days, he raises the price again. "The prices of cars change every 5-10 days." he said.

"The automobile market will not decline anymore. Everything goes around, goes into production. no production. “There must be production.” Güveloğlu said that if there is a second wave in the epidemic, the production of '0' vehicles will stop again, and therefore the demand for second-hand vehicles will increase even more. “Whichever brand new car a citizen wants to buy right now, Needs to wait in line for 3-5 months "And it is unknown whether he will be able to receive it within that period." he said.

A car is no longer a necessity like bread and water.

Güveloğlu stated that people want to stay away from public transportation due to the pandemic. “The fact that these prices are like this not normal but there is no production. Because the new car did not arrive The demand for second hand is very serious. During this pandemic period, people do not want to use public transportation and Sales are very good right now.” He said and continued his words as follows:

“The arrival of a possible second wave is will raise prices. Because there will be no production, it will inevitably continue to rise. No one can prevent this. Because The car is now a necessity like bread and water.. "Every home needs it."