Used-Car Market Shows Price Decline and Supply‑Demand Surge

The used‑car market in June 2026 recorded an unexpected surge in both pricing trends and supply‑demand dynamics.

The Chill of Real Prices

According to BETAM's report, the real car price index slipped to 129.3 in June 2026. While the downward trend in real prices continued, the index fell 1.5% month‑over‑month and 8.6% year‑over‑year.

■Current prices decreased 0.5% from the previous month but rose 20.7% compared with the same month last year.

■The average vehicle price stood at 1,169,000 TL.

Segment‑Specific Price Movements

■D‑class posted the highest annual increase at 23.3%.

■B‑class recorded the lowest rise at 21.9%.

■C‑class grew 22.7%, while E‑class rose 22.5%.

The Rise of Electric Vehicles

■Electric vehicles posted the steepest annual price growth at 25%.

■Average price: 4,089,000 TL.

■Gasoline‑only models rose 17.8%, gasoline‑LPG hybrids 18.6%, and diesel 15.7%.

A New Supply‑Demand Balance

■Listings for sale increased 6.1%, reaching 960,201.

■Sold vehicles rose 6.7% to 187,287.

■The sell‑to‑listing ratio improved to 19.5% (a 0.1‑point rise).

■Average time on market extended by 1.4 days to 25.2 days.

Kerem Tufan – Director of Commercial Loans & Central Bank Policies: The price pull‑back observed in Q2 2026 signals a modest easing in consumer confidence and credit demand. The robust 23.3% rise in the D‑segment underscores continued appetite for premium models, while the 25% surge in electric‑vehicle prices reflects the impact of infrastructure incentives. The widening gap between listings and sales, coupled with longer market dwell times, suggests liquidity conditions remain accommodative. For SME financing and commercial loan growth, the trend points to a favorable spill‑over into automotive supply‑chain funding.