Turkey Used Car Market

Turkey Used Car Market Overview:

The Turkey used car market size reached USD 9,263.59 Million in 2024. Looking forward, the market is expected to reach USD 18,440.94 Million by 2033, exhibiting a growth rate (CAGR) of 7.95% during 2025-2033. The market is witnessing strong growth driven by rising consumer preference for affordable mobility, limited access to new vehicles, and increasing digital platforms simplifying car transactions. Expanding financing options and demand for reliable second-hand vehicles are further boosting sales momentum, shaping the competitive landscape of the Turkey used car market share.

Turkey Used Car Market Trends:

Affordability and Economic Pressures

One of the strongest drivers of the market is affordability amid economic uncertainties.  The recent inflation and the fluctuations in the values of currencies have caused the price of new vehicles to shoot so high and inaccessible to a wide portion of consumers. The used vehicles, on the contrary, offer a cheaper alternative that does not compromise mobility. Pre-owned vehicles are a viable alternative because of their lower upfront price, slower rate of depreciation and financing solutions. Second-hand cars are increasingly becoming a sound investment for many middle-class families and first-time buyers. This growing demand highlights how economic conditions and consumer spending patterns are shaping the Turkey used car market growth.

Supply Constraints in the New Car Market

Limited availability of new vehicles is another critical factor boosting the demand for used cars in Turkey. Global supply chain disruptions, semiconductor shortages, and increased production costs have constrained new car deliveries, causing long waiting periods for buyers. This scarcity has prompted many consumers to look for quicker and more accessible options in the pre-owned car segment. The used car market offers immediate availability across diverse brands and models, allowing buyers to avoid delays. Furthermore, dealerships and online platforms are capitalizing on this situation by expanding used car inventories and offering certification programs to build trust. Consequently, supply-side challenges in the new vehicle sector have significantly accelerated the growth of Turkey’s used car market.

Digitalization and Online Marketplaces

The digital transformation of automotive retail has played a pivotal role in shaping the market. Online marketplaces and mobile platforms now provide buyers with easy access to a wide selection of second-hand cars, detailed vehicle histories, and transparent price comparisons. These platforms have improved consumer confidence by offering inspection reports, warranties, and secure payment options, reducing traditional concerns about used car transactions. Additionally, the growth of e-commerce culture in Turkey has encouraged more consumers to trust digital channels for big-ticket purchases like automobiles. This shift has widened the market reach, connecting buyers and sellers nationwide. Digitalization not only improves convenience but also drives efficiency, ultimately fostering rapid expansion in Turkey’s used car sector.

Turkey Used Car Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on vehicle type, vendor type, fuel type, and sales channel.

Vehicle Type Insights:

• Hatchbacks
• Sedan
• Sports Utility Vehicle
• Others

The report has provided a detailed breakup and analysis of the market based on the vehicle type. This includes hatchbacks, sedan, sports utility vehicle, and others.

Vendor Type Insights:

• Organized
• Unorganized

A detailed breakup and analysis of the market based on the vendor type have also been provided in the report. This includes organized and unorganized.

Fuel Type Insights:

• Gasoline
• Diesel
• Others

A detailed breakup and analysis of the market based on the fuel type have also been provided in the report. This includes gasoline, diesel, and others.

Sales Channel Insights:

• Online
• Offline

A detailed breakup and analysis of the market based on the sales channel have also been provided in the report. This includes online and offline.

Regional Insights:

• Marmara
• Central Anatolia
• Mediterranean
• Aegean
• Southeastern Anatolia
• Black Sea
• Eastern Anatolia

The report has also provided a comprehensive analysis of all the major regional markets, which include Marmara, Central Anatolia, Mediterranean, Aegean, Southeastern Anatolia, Black Sea, and Eastern Anatolia.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Turkey Used Car Market Report Coverage:

Key Questions Answered in This Report:

• How has the Turkey used car market performed so far and how will it perform in the coming years?
• What is the breakup of the Turkey used car market on the basis of vehicle type?
• What is the breakup of the Turkey used car market on the basis of vendor type?
• What is the breakup of the Turkey used car market on the basis of fuel type?
• What is the breakup of the Turkey used car market on the basis of sales channel?
• What is the breakup of the Turkey used car market on the basis of region?
• What are the various stages in the value chain of the Turkey used car market? 
• What are the key driving factors and challenges in the Turkey used car market?
• What is the structure of the Turkey used car market and who are the key players?
• What is the degree of competition in the Turkey used car market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Turkey used car market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Turkey used car market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Turkey used car industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.