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In the second-hand car market, October sales increased by 39% compared to last year.

In the second-hand car market, October sales increased by 39% compared to last year.

09.11.2024 13:11

In October, sales in the second-hand online car market increased by 39% compared to the same period last year, reaching 186,583. During the same period, there was also an increase in the number of corporate listings. Vehicle prices rose by an average of 2%.

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Sales in the second-hand online car market increased by 39% in October compared to the same month last year, reaching 186,583.

According to Indicata's second-hand online market report, 441,572 corporate ads were published on online platforms last month. The number of ads increased by 24% compared to September and by 14% compared to October 2023.

Of the ads published in October, 186,583 vehicle sales were realized, accounting for 42% of the total. There was a 7% increase in sales compared to September and a 39% increase compared to the same month last year. In the first 10 months of the year, the number of ads increased by 8% and the number of sales increased by 10% compared to the same period last year.

AVERAGE INCREASE OF 2%

According to an analysis of price changes for 342,619 ads related to 249 models of the top 35 best-selling brands in the second-hand online passenger and light commercial vehicle market, it was observed that retail prices in October increased by an average of 2% compared to the previous month. Accordingly, second-hand vehicle prices increased by approximately 7% from the beginning of the year until the end of October.

1,998 SECOND-HAND ELECTRIC CARS SOLD

When evaluated by engine type, diesel vehicles were the most sold in the market last month with 103,039 units. Gasoline vehicles followed with 74,701 sales, and LPG vehicles with 5,028. The number of hybrid car sales was 1,817, while electric car sales reached 1,998. In October 2023, 520 second-hand electric cars were sold.

In October, diesel vehicles accounted for the highest sales in the second-hand online vehicle market with a share of 55%, and 58% in the first 10 months of the year. Compared to the first 10 months of last year, the share of diesel vehicle sales in total sales decreased by 5%. In the electric vehicle market, sales increased by 91% compared to the same period last year.

AVERAGE SALES SPEED IS 34 DAYS

In the second-hand online market, the average sales speed of vehicles in October was determined to be 35 days. Toyota vehicles were sold 6 days faster than the market average, with an average sales speed of 29 days.





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