Top-selling used car brands in January revealed

In Turkey's online used vehicle market, Fiat was the most preferred brand last month. In terms of models, the Egea was the top choice for passenger cars, while the Doblo was preferred for light commercial vehicles.

According to data from Indicata's used online market report, 354 thousand 743 corporate listings were published on online channels in January. While there was a 9% decrease in the number of listings compared to the same period last year, the number of sales reached 181 thousand 774, an increase of 11%.

In December 2023, 168 thousand 421 vehicles were sold. Thus, sales increased by 7.9% on a monthly basis in January.

TOP 10 BEST-SELLING BRANDS

The most preferred automotive brand (passenger and light commercial) in the online used market in 2023 was Fiat with 24 thousand 258 sales. It was followed by Volkswagen with 20 thousand 339 and Renault with 20 thousand 125.

In the sales rankings, Ford took fourth place with 19 thousand 183 units, and BMW took fifth place with 15 thousand 538. Opel with 8 thousand 300, Hyundai with 8 thousand 47, Peugeot with 7 thousand 833, Citroen with 7 thousand 445, and Mercedes-Benz with 7 thousand 423 units were in the top 10.

These 10 brands accounted for 76.2% of the 181 thousand 774 vehicles sold in the online used passenger and light commercial vehicle market last month.

EGEA PREFERRED IN PASSENGER CARS

Last month, 151 thousand 124 passenger cars were sold in the online used passenger car market. The Fiat Egea model was the most preferred model of January with 11 thousand 328 sales.

Egea was followed by the BMW 5 Series with 7 thousand 222, Megane with 6 thousand 945, Passat with 5 thousand 645, Clio with 5 thousand 466, Focus with 4 thousand 586, Civic with 4 thousand 415, BMW 3 Series with 4 thousand 78, Corolla with 3 thousand 651, and Astra with 3 thousand 357 sales.

While these 10 models accounted for 37.5% of total passenger car sales, it was notable that the BMW 5 Series ranked second among the top 10 models last month with a 4.8% market share.

LIGHT COMMERCIAL

Last month, 30 thousand 650 light commercial vehicles were sold in the online market. The Fiat Doblo was the most preferred model of the month with 3 thousand 882 units. The Ford Transit/Tourneo Courier ranked second with 3 thousand 509, and the Fiat Fiorino ranked third with 3 thousand 134 sales.

These models were followed by the Ford Transit with 2 thousand 901 sales, VW Caddy with 1792, Ford Transit/Tourneo Connect with 1754 sales, VW Transporter with 1483 sales, Renault Kangoo with 1224, Citroen Berlingo with 1027, and Peugeot Partner with 976 units.

These 10 models accounted for 71% of total light commercial vehicle sales.

More than 450 thousand used vehicle data points analyzed daily

Indicata, a business intelligence suite combining machine learning, artificial intelligence, and big data, scans Turkey's online used vehicle market and analyzes more than 450 thousand used vehicle data points daily.

The sales data in the report is based on listing data provided in the online market by more than 40 thousand institutions and organizations engaged in used vehicle trading. These include listing sites such as Sahibinden, Arabam, Letgo, and VavaCars, as well as corporate used vehicle websites and institutions and platforms such as Leaseplan, Intercity, and Otokoç.

Individual vehicle listings are not included in the figures. Institutions trading used vehicles on the online platform withdraw their vehicle listings for two reasons.

The first is to revise the vehicle price according to changing market conditions and republish the listing. When these listings are republished is also tracked by Indicata. The second reason is a sale. The institution withdraws the listing because it has sold the vehicle. Vehicles completely removed from the listings are considered as "sales".