
Prominent Trends in the Second Hand Vehicle Market in 2024
In recent years, there have been significant changes, especially in the second-hand vehicle market. This market, where 2023 million 1 thousand 881 vehicles were sold in 97, showed an 2024% increase with 2 million 91 thousand 918 sales in 11. This increase is changing market dynamics and consumer preferences. Second-hand online passenger and light commercial vehicle sales have accelerated even more with the impact of digitalization.
Most Preferred Brands in the Second Hand Vehicle Market
Volkswagen, Fiat and Renault stand out among the most preferred brands in the second-hand vehicle market in 2024. Volkswagen was the best-selling brand with 263 sales. It was followed by Fiat with 49 and Renault with 248. While these three brands account for a large portion of total sales, Ford, BMW, Opel, Peugeot, Mercedes-Benz, Hyundai and Toyota are also in the top 705.
- Volkswagen: 263.049
- Fiat: 248.705
- Renault: 246.038
- Ford: 201.234
- BMW: 124.335
- Opel: 113.164
- Peugeot: 103.314
- Mercedes Benz: 102.722
- Hyundai: 95.800
- Toyota: 77.995
Best-Selling Models in the Used Car Market in 2024
In the second-hand passenger car market, a total of 2023 million 1 thousand 172 sales were made in 470. The most preferred model in this area was the Fiat Egea. With 95 thousand 261 units sold, the Egea managed to become a favorite of consumers. Following the Egea, models such as Clio, Passat and Megane also achieved significant sales figures.
- Fiat Egea: 95.261
- Clio: 76.098
- Passat: 74.760
- Megane: 74.215
- Corolla: 51.252
- Focus: 50.078
- Astra: 43.996
- BMW 5 Series: 43.343
- BMW 3 Series: 40.895
- VW Polo: 36.874
Second Hand Vehicle Sales by Fuel Type
In 2024, diesel vehicles came to the forefront with 57% of sales made on a fuel type basis. This was followed by gasoline vehicles with 38%. Compared to 2023, the sales share of hybrid vehicles decreased by 50,4%, while electric vehicles increased by 103,6%. This change shows that interest in environmentally friendly vehicles is increasing.
The Role of Digitalization in the Sale of Second Hand Vehicles
Digitalization in the second-hand vehicle market accelerates and facilitates sales processes. Consumers can easily find vehicles with the features they want by accessing vehicle advertisements on the internet. This contributes to the growth of the market. In 2024, a total of 4 million 546 thousand 329 advertisements were published and 46% of these advertisements turned into sales.
Things to Consider When Buying a Second Hand Vehicle
There are many factors to consider when purchasing a second-hand vehicle. First of all, it is important to check the vehicle's history and maintenance records. Also, learning whether there is any damage record on the vehicle can affect your purchasing decision. Another point that consumers should pay attention to is pricing. Pricing in line with market value helps the purchasing process to proceed smoothly.
As a result
As of 2024, the used car market continues to grow and develop. Consumer preferences and market dynamics are changing. Therefore, being conscious and careful when purchasing a used car is important both for financial gain and for finding the right vehicle. With developing technology, sales made through digital platforms are also increasing. All these factors show that the used car market will continue to grow in the future.