Digital Transparency in the Used‑Car Market: 16.8 Million Users Check Mileage and Damage Records

The Ministry of Transport and Infrastructure’s mileage and damage verification service for the used‑car market has already reached 16.8 million users, marking a new milestone in digital transparency for the sector.

Mileage & Damage Checks: The New Frontier of Digital Trust

The platform enables buyers to instantly verify a vehicle’s history, curbing fraud risk and anchoring price formation in more rational fundamentals.

User Adoption: Beyond 16.8 Million Requests

■16,791,510 individuals have used the service

■Average monthly queries hover around 1.2 million

■Most queried segments: SUVs and Mid‑size cars

Market Dynamics: Potential Ripple Effects in the Used‑Car Segment

■Expected 3‑4% moderation in resale prices

■Sellers may be compelled to provide transparency, boosting brand credibility

■Lenders could start feeding this data into credit‑risk scores, refining loan pricing

Risk Management & Financial Outlook

■Insurance premiums may see a 1‑2% increase due to added verification costs

■Rising consumer confidence could lift used‑car volumes by 5‑7%

Market participants should treat this digital vehicle‑history platform not merely as a verification tool but as a fresh data source for credit‑risk modeling and pricing strategies. In particular, HFT and algorithmic trading systems can exploit the real‑time flow of this information to manage liquidity and volatility, extracting short‑term arbitrage opportunities. – Seda Çetin, Market Pricing and Data Terminal Manager