Turkey used-car slowdown: November demand dips, prices mixed
Turkey's November used-car market: demand cools, real prices slip
Turkey used-car slowdown: November demand dips, prices mixed
Latest data from Sahibinden shows Turkey's used-car market cooling in November: demand down 7.1%, nominal prices up but inflation-adjusted prices lower.
2025-12-19T20:55:18+03:00
2025-12-19T20:55:18+03:00
2025-12-19T20:55:18+03:00
Turkey’s November used-car report, compiled from classified listings, points to a clear slowdown. The demand index fell 7.1% from October and was 1.6% lower than in November last year. A practical gauge of market pace—the average time a listing stays active—edged up: closed listings spent 20.7 days on the site, 0.7 day longer than a month earlier.The most telling shift is the gap between nominal and inflation-adjusted prices, the Sahibinden study notes. The average asking price rose 22.4% year over year to 1.101 million lira. Yet in real terms, prices fell 6.6% over the same period. Compared with October, the inflation-adjusted price nudged up by about 0.5%, which reads more like the market settling after a slide than mounting a genuine rebound.Across vehicle classes, nominal prices climbed in every segment over the year: B-segment led the way (about +26.6%), followed by D (+25.6%) and C (+25.3%). Average price levels by class hover around 732,000 lira (B), 974,000 (C), 1.406 million (D) and 2.266 million (E).By vehicle age, the picture is uneven. Among older models, the strongest gains fell to the 2014–2018 cohort; among newer cars, 2019 models stood out. At the same time, the youngest slice—2024 cars—slipped by roughly 1.1% month over month to 2.023 million lira, a reminder that fresh inventory isn’t immune to softer demand.Looking at supply and demand together, the cooling is even clearer. Listings dipped just 0.9%, while completed sales dropped 8.7%, pushing the sales-to-listings ratio down to 21.2%. In other words, buyers are pulling back faster than sellers are reducing supply, and that tends to lengthen selling times and keep pricing disciplined.
Turkey used-car market, November used-car report, Sahibinden report, demand index, inflation-adjusted prices, average asking price, listings, sales-to-listings ratio, market slowdown, selling times
2025
Michael Powers
news
Turkey's November used-car market: demand cools, real prices slip
Latest data from Sahibinden shows Turkey's used-car market cooling in November: demand down 7.1%, nominal prices up but inflation-adjusted prices lower.
Michael Powers, Editor
Turkey’s November used-car report, compiled from classified listings, points to a clear slowdown. The demand index fell 7.1% from October and was 1.6% lower than in November last year. A practical gauge of market pace—the average time a listing stays active—edged up: closed listings spent 20.7 days on the site, 0.7 day longer than a month earlier.
The most telling shift is the gap between nominal and inflation-adjusted prices, the Sahibinden study notes. The average asking price rose 22.4% year over year to 1.101 million lira. Yet in real terms, prices fell 6.6% over the same period. Compared with October, the inflation-adjusted price nudged up by about 0.5%, which reads more like the market settling after a slide than mounting a genuine rebound.
Across vehicle classes, nominal prices climbed in every segment over the year: B-segment led the way (about +26.6%), followed by D (+25.6%) and C (+25.3%). Average price levels by class hover around 732,000 lira (B), 974,000 (C), 1.406 million (D) and 2.266 million (E).
By vehicle age, the picture is uneven. Among older models, the strongest gains fell to the 2014–2018 cohort; among newer cars, 2019 models stood out. At the same time, the youngest slice—2024 cars—slipped by roughly 1.1% month over month to 2.023 million lira, a reminder that fresh inventory isn’t immune to softer demand.
Looking at supply and demand together, the cooling is even clearer. Listings dipped just 0.9%, while completed sales dropped 8.7%, pushing the sales-to-listings ratio down to 21.2%. In other words, buyers are pulling back faster than sellers are reducing supply, and that tends to lengthen selling times and keep pricing disciplined.
