The Turkey used car market is projected to exceed $150Bn by 2026F owing to increase in price of new cars and government initiatives: Ken Research The Turkey Used Car Auctions market is moderately fragmented with multiple dealers (both organized and unorganized) operating in the industry. Majority of the used cars are sourced from car-rental/ leasing companies & auctions. Direct buying from consumers or individual sellers is another major source. Turkey is operating in a market where used car demand exceeds… Read More »
Digital Enablement And Rising Inflation Are Driving The Turkish Used Car Market – Ken Research 1. Social media plays a major role in generating sales of Turkey Used Car leads For more information, Request a Free Sample Report Car dealers use blogs to generate traffic to their website from search engine results pages. They often put-up educational content related to cars But the Increase in sales of vehicles in the… Read More »
The Turkey used car industry is growing, owing to increase in price of new cars and government initiatives: Ken Research Focus on Embracing Digitization, New Government Policies and Entry of Online portals in the market are major factors contributing towards the development of Used Car Market in Turkey. COVID Affecting Market Growth: Due to the impact of COVID-19, there has been a substantial decrease in the denominator (new car sales) while the numerator, i.e. the… Read More »
