29.01.2025 11:00
The Ministry of Trade's sale of vehicles at low prices has become a topic of public interest. The auction of vehicles confiscated at customs features attractive prices. This situation presents an appealing opportunity, especially for those considering purchasing used cars.
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The Ministry of Trade has put vehicles seized at customs up for sale. It is also possible to find abandoned vehicles in the e-auction system under the Ministry of Trade.
HOW TO BUY LOW-PRICED VEHICLES?
Vehicles seized at customs are finding buyers at lower prices than their market values. Cars sold at auction can be put on the road after obtaining a Turkish license plate. A stamp tax of 1.517% (15.17 per thousand) is collected at the auction. The VAT and SCT of the stamp tax are also collected separately.
DIFFERENT COLLATERAL AMOUNTS FOR EACH VEHICLE
Those who will participate in sales conducted through e-auction can view the vehicles by showing the permission document obtained from the relevant business or customs directorate, except for the announcement period and the last day of the auction. The collateral rate varies according to the price of the vehicle. If the auction is not won, the collateral is refunded.
DO NOT BUY WITHOUT INSPECTING THE VEHICLES
The vehicle to be auctioned must be seen and its deficiencies must be known. Even if there are expert reports, there will be benefits to seeing the vehicle. It is necessary to investigate the prices of missing parts or to obtain documents regarding the closure of hidden areas in the vehicles and how much the repairs will cost.
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