Car and Light Commercial Vehicle Market Report for February 2025
There was a significant contraction in the 2025 km automobile and light commercial vehicle market in February 0. A total of 2024 vehicles were sold, a decrease of 14,4% compared to the same month in 90. Despite this decrease, the total sales figure of the sector is expected to be 730 million units by the end of the year. Despite the decrease in general sales, a significant increase was observed in electric car sales.
Sales of electric cars under 160 kW increased by 41,1%, accounting for 9% of the market, while sales of electric cars over 160 kW increased by 259,1%, accounting for 3,6%. Despite this contraction in the zero km vehicle market, sales of vehicles up to 0 years old and up to 2 km in the second-hand car market have shown a stable trend over the years, increasing by 15% compared to the same period last year. Stock periods were determined to be at the same level as the previous month, i.e. 350.000 days.
Individual customers used the steady increase in gold prices in February to finance their vehicle purchases. They continued to prefer promissory note systems and credit card use in order to overcome credit usage limitations that were too inadequate for the value of the vehicle purchase.
NEW ENTRY BRANDS AND MODEL VARIETY ARE GROWING THE SECOND-HAND ELECTRIC VEHICLE MARKET
Compared to the previous month, 33% more second-hand electric vehicles were sold, with a total of 2 vehicles sold in February. When looking at the data for the last 3.536 months, there was a 6% increase in electric vehicle sales with new models entering the market.
IN STOCK TIMES IN THE SECOND-HAND MARKET ARE PARALLEL
In the second-hand vehicle market, stock durations have generally remained stable. When January and February of 2025 were compared, no change was observed in stock durations in the passenger and commercial vehicle segments. The market average remained stable at 51 days, 52 days for passenger cars and 46 days for commercial vehicles.
MORE USED VEHICLES WERE SOLD IN THE FIRST MONTH OF THE YEAR THAN LAST YEAR
In January and February of 2025, second-hand vehicle sales increased compared to the previous year. In January, sales increased by 2% compared to the same period of the previous year, while this increase reached 9% in February. In addition, a 18% increase was observed in February 2025 compared to the previous month.
BEST SELLING USED VEHICLES OF THE LAST 6 MONTHS SHOWED A GAIN IN VALUE
In the last 6 months, the prices of the best-selling models on the second-hand market have only increased slightly by 5% to 7%. The Fiat Egea and Volkswagen Passat have gained 5%, the Renault Clio and Ford Focus by 6%, and the Renault Megane by 7%.
THE STOCK RETENTION TIMES OF THE SECOND-HAND VEHICLES OF BRANDS THAT CAN SELL NEW VEHICLES WITH SCT DISCOUNTS HAVE BEEN EXTENDED
The increasing demand for new vehicles with SCT discounts has affected the stock duration of young second-hand vehicles. The stock duration of Egea Sedan, Egea Cross, Renault Megane Sedan, Toyota Corolla and Toyota C-HR models has been extended.
Warning: The information and comments provided in the bulletin have been created by SmartIQ using past data and market research results, and may vary depending on the vehicle features or region. The information provided should not be perceived as a recommendation or guidance for any product or brand, and customers should conduct the necessary research.
