Why Cars are Expensive in Turkey?

If you’re considering buying a car in Turkey, you may be shocked by the high prices compared to other countries. In this article, we will explore the reasons behind the high cost of cars in Turkey and compare the prices of second-hand vehicles in Turkey to those in the UK. We’ll also provide some tips for buying a car in Turkey to make the process easier for you.

General Prices of Second-Hand Used Cars in Turkey

In the video, the narrators visit various car dealerships and compare the prices of different models with their counterparts in the UK. The prices of cars in Turkey are significantly higher than those in the UK, with examples such as a BMW being priced at 460,000 Lira in Turkey, which is equivalent to 90,000 pounds for a new car.

They also explore other models such as the Renault Megane and Suzuki Swift, showcasing the stark differences in prices between Turkey and the UK.

Reasons for High Car Prices in Turkey

The video explains that the high import tax on new cars in Turkey significantly impacts the overall price of vehicles. Import duties can range from 80% to 220%, depending on the engine size and type of vehicle. Moreover, bringing a car from another country also incurs additional import duty, making it more expensive to import a vehicle into Turkey.

Furthermore, the depreciation of cars in Turkey is much lower than in the UK, where a car purchased for 10,000 pounds may only be worth 7,000 pounds or less after a year. In contrast, a similar car in Turkey may retain its value or even appreciate slightly.

Tips for Buying a Car in Turkey

The video also provides some practical tips for buying a car in Turkey. It recommends exploring options such as sahibinden.com or hurriyetauto.com for online car sales and suggests visiting car sales events where private owners sell their vehicles quickly, potentially offering bargains.

Additionally, the video highlights the importance of working with an ‘Oto takipci’ who can assist with paperwork and registration, making the car-buying process easier for expatriates. It’s also noted that expatriates may need an official translator when dealing with paperwork and official procedures, as fluency in Turkish may not be sufficient.

Conclusion

In conclusion, the high prices of cars in Turkey can be attributed to significant import taxes and duties, as well as the lower depreciation of vehicles in the country. Despite the high prices, the video showcases that there are still ways to find good deals and bargains when buying a car in Turkey. By following the tips outlined in the video and being aware of the pricing differences, expatriates can navigate the car-buying process more effectively in Turkey.

For more insights and comparisons on vehicle prices in Turkey, stay tuned for future programs from the narrators.

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