Vehicle sales via e-tender from the Ministry of Trade: Customs sales have begun

The Ministry of Trade is offering luxury and economy-class vehicles that have been seized or abandoned by their owners at customs for sale via an e-auction method.

Anyone can participate in the auction.

Vehicles can be purchased at more affordable prices compared to market rates.

The person who wins the auction can obtain a Turkish license plate for the vehicle and put it into traffic.

A GREAT OPPORTUNITY FOR THOSE LOOKING TO BUY A VEHICLE

According to a report by Hürriyet, the fact that a limited number of people participate in the ministry's e-auction system keeps prices low, providing a major advantage for those who want to buy a vehicle. Citizens' cautious approach toward vehicles sold through foreclosure or by the state generally reduces interest in the auction system.

Due to a false belief that vehicles acquired through foreclosure are unlucky, individual buyers avoid these opportunities.

Auctions are mostly attended by car dealers, resellers, and those who supply spare parts.

Although the e-auction process is thought to be complicated, it is actually possible to become a vehicle owner through an easy procedure.

However, since buying a vehicle from customs via auction involves a different process than foreclosed vehicles, it is expected that this prejudice will be broken.

BECOMING A CAR OWNER IS HARDER

The rapid rise in prices for new and used vehicles in our country is leading citizens to look for more affordable alternatives.

As maintenance costs for older vehicles have increased, buyers are turning to newer models.

The price of a 4-5-year-old vehicle starts at 800 thousand TL.

Under these conditions, vehicles in customs auctions become attractive due to their price advantage.

Especially with new car prices becoming inaccessible, the e-auction system has become an unmissable opportunity.

HOW TO BUY A VEHICLE VIA E-AUCTION?

Registering for the Ministry of Trade's e-auction system to purchase a vehicle is quite easy! Here is the step-by-step process:

Log in to the e-Auction system.

Examine the vehicles offered for sale.

Get a chance to see the vehicle in person by obtaining a permit from the customs directorate where the vehicle is located.

Deposit the security amount determined for participation in the auction.

If you win the auction, become the owner of the vehicle by paying the necessary taxes.

A stamp duty of 1.517 percent (15.17 per thousand) is collected in the auction. Additionally, taxes such as VAT and SCT must also be paid. The security deposits of those who enter the auction but do not win are refunded, which makes the system risk-free.

WHAT SHOULD BE CONSIDERED WHEN BUYING A VEHICLE AT AN AUCTION?

Although buying a vehicle from the e-auction system is attractive, some important points should not be ignored.

Definitely inspect the vehicle on-site! Photos can be misleading, and appraisal reports may not always be sufficient.

Check if there are any missing parts. Determine if there is any missing equipment in the vehicle and calculate the repair costs.

Research hidden compartments and the vehicle's history. Some vehicles may have been used to transport illegal substances. In this case, you may need to obtain a clean record.

Do not forget taxes and additional costs. When entering the auction, consider not only the price of the vehicle but also the SCT, VAT, and other expenses.