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Automotive markets see high prices and significant campaign discounts
Automotive market trends show significant price variations due to manufacturer campaigns and regional economic factors. In Turkey, September promotional offers have created substantial gaps between list prices and campaign prices. The Škoda Superb Sportline shows a difference of 974,800 TL, while other models like the Toyota Corolla and Nissan Qashqai also feature significant price advantages.
On a global scale, research based on Deutsche Bank data identifies the cities with the highest average prices for new vehicles. Singapore leads with an average price of $156,000, followed by Tel Aviv at $58,000 and Copenhagen at $51,000. Istanbul is ranked among the more expensive cities with an average price of $49,000. Global vehicle prices remain high due to customs duties, inflation, interest rates, and a manufacturing shift toward premium and electric vehicles.
Entities
Deutsche Bank · Istanbul · Singapore · Škoda