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Balance Shifts in the Used Car Market: Buyers Now Hold the Power!

Updated: 24 Ağu 2026 · 1 min read · 154 words

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Balance Shifts in the Used Car Market: Buyers Now Hold the Power!
Open-air car dealership

Introduction

In the first seven months of 2026, 6 million 27 thousand 109 motor vehicles changed ownership in Türkiye’s used vehicle market, while car sales exceeded 4 million. Despite this, total vehicle transfers fell by 2.3% compared with the same period last year, while car transfers declined by 2.8%.

Developments

In May 2026, the number of transfers fell by 21.7% to 752 thousand 150, while it stood at 907 thousand 846 in July.

The average asking price for a car was 1 million 169 thousand TL in July.

Details

Listing prices fell by 0.5% month on month, while real prices declined by 8.6% year on year; the loss in real value in the Cardata index exceeded 16% in the first half of the year. Önder Oğuzhan and Muhammed Ali Karakaş said they expected a gradual recovery in the market from mid-September, as tight monetary policy, high financing costs and new-vehicle campaigns weighed on demand.

Source: Webtekno