The Decline in Used Car Prices Continues

The decrease in used car prices continues
The decrease in used car prices continues

According to sahibinden.com's February data, the prices of cars for sale, which decreased in December 2020 for the first time, continued to decline in February. Thus, the announcement prices have dropped close to 3% since December. Another prominent title of February was the increase in the number of advertisements for younger cars.

While the most advertised vehicle category of February was Automobile, it followed Minivan & Panelvan, Land / SUV & Pick-up, Commercial Vehicles and Motorcycle, Automobile ads. While the first two Renault - Clio and Volkswagen - Passat were in the Brand & Model ranking, Opel - Astra rose to the top and the ranking continued with Renault - Megane and Ford - Focus. The most advertised Land / SUV & Pick-up brand in February was again Nissan.

The decrease in used car prices continues

According to sahibinden.com's February data, the most advertisements for automobiles with diesel fuel type, in white, black, gray, silver gray and red, were made. The cars with the most advertisements compared to the previous month became one year younger and the leadership was in 2016 model car advertisements.

The decrease in used car prices continues

 

Among all advertisements, 37% of the vehicles were in the range of 0 to 100 thousand kilometers. 25,4% of automobile ads were put up for sale in the range of 50.000 - 100.000 TL.

The decrease in used car prices continues

Ad ministers at sahibinden.com were mostly interested in Renault, Volkswagen, BMW, Mercedes-Benz and Fiat cars in February.

The decrease in used car prices continues

While the vehicles were mostly examined between 22:00 and 23:00 at night, the average viewing time for advertisements was 10 minutes.

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