Turkey used‑car market 2026 sees modest sales dip amid high financing costs

In the first half of 2026, Turkey’s used‑car market recorded sales of 4.302 million units, about a 1 % decline compared with the same period a year earlier. Industry analysts link the slowdown to higher loan‑interest rates, tighter access to vehicle credit and aggressive promotional campaigns by new‑car manufacturers that keep prices of 1‑3‑year‑old vehicles under pressure. Prices have largely returned to January 2026 levels, and experts describe the market as entering a cautious rebalancing phase. The sector forecasts total annual sales of between 8.5 million and 9 million units for 2026.

For buyers with a budget of around 500 000 TL, a separate guide highlights six recommended used‑car models: Renault Clio 4, Hyundai i20, Ford Fiesta, Toyota Corolla, Opel Astra H and Fiat Linea. The guide stresses checking accident history, service records and mechanical condition to ensure long‑term cost efficiency.