The Used Car Market Broke Records in 2025

2PLAN CEO Orhan Ülgür said, “Used car prices increased by approximately 20 percent throughout the year. We see that this increase remained below both inflation and the exchange rate.”

In line with the strong performance of the new car market in Türkiye, the used car market also reached a record high in 2025. Growing by approximately 5.8 percent compared to 2024, the market reached a sales volume of 9.4 million units. During this period, the increase in used car prices remained below inflation and exchange rate fluctuations.

Orhan Ülgür, CEO of 2PLAN , a company that has brought an innovative approach to the used car market in Turkey , shared his assessments regarding the used car market in 2025.

Ülgür stated that used car prices are projected to increase by approximately 20 percent in 2025, adding, "We see that this increase remains below both inflation and the exchange rate." The record in 2025 Considering that a portion of used car sales consist of duplicate transactions (transactions that go through multiple stages of intermediation), we estimate that actual sales account for approximately 75 percent of the total,” he stated.

Ülgür stated that the fact that the prices of vehicles, especially those aged 1-3 years, are quite close to those of new vehicles is leading consumers in this age group to choose new vehicles instead of used ones.

"Demand for used electric vehicles has started to increase."

Ülgür stated that a significant shift occurred in the used electric vehicle market in 2025, noting that this segment has become more visible and a tangible increase in demand has begun to emerge.

Orhan Ülgür stated, “As of December 2025, the number of electric vehicles registered in Türkiye has reached 373,733. In some brands and models, used electric vehicles are finding buyers faster. Beyond tax advantages, there is also a conscious trend. We predict that after-sales processes and the second-hand market activity for electric vehicles will increase further in the coming period, and that a price balance will be achieved as more used electric vehicles sold this year are seen in the market. As 2PLAN, we aimed to address consumers' concerns about used electric vehicles through the electric vehicle conferences and fairs we organized throughout the year. At the same time, we position ourselves as one of the leading brands guiding the sector alongside consumers.”

"We anticipate that market and price movements will follow a similar pattern to 2025."

Sharing his predictions for 2026, Ülgür stated that they expect the overall outlook for the used car market to be similar to that of 2025, and concluded his remarks as follows:

“While it's too early to talk about this year, we anticipate that the used automotive market and price movements will follow a similar trajectory to 2025. Potential interest rate cuts in the second quarter of the year could increase market activity. Along with this activity, investments will be necessary for the continuation of a sustainable growth model for all players in the sector, ranging from financing and logistics to sales, after-sales services, and dealer network development. We believe that the used electric vehicle market will become more predictable and balanced in 2026. Increased sales of new electric vehicles will boost the used car market, contributing to increased trust and price stability in the used car market.”