Bahçeşehir University Center for Economic and Social Research (BETAM) prepared by sahibinden.com data prepared by the “Automobile Market View” report, the car demand in the quarry did not change compared to the previous month, the decrease in real prices continued.
According to the statement made by the company, the report prepared by examining the January data, despite the fact that the automobile request index remained constant compared to December 2024, increased by 11.2 percent compared to the same month last year.
The mobility indicator in the automobile market “ratio of the number of cars sold to the number of ads”, 1.4 points fell compared to the previous month was recorded as 20.3 percent. Decrease, 0.7 percent in the number of advertisements and 7 percent of the number of cars sold due to a decrease in the number said.
The “closed ad age” showing how long the automobile ads remained online, increased by 0.9 days compared to December 2024 and increased to 21.1 days.
Inflation -free automobile prices, the last 19 months has continued to decline. The real price index decreased by 2 percent to 151.7 compared to the previous month.
While the annual change in real prices is still negative, the increase rate of 47.9 percent in May 2023 decreased in the following months and decreased to -41.4 percent in June 2024. As of this date, the annual decrease in real prices has slowed down, and as of January 2025, it reached -23.5 percent.
Automobile Request Index rose to 109.4
Average automobile prices increased compared to the previous month. December 2024 908 thousand 588 pounds average car price, January 2025 935 thousand 136 pounds rose. On an annual basis, the average price increased by 8.7 percent.
Last year, the increasing demand during the July-October period decreased to a limited extent in November and December, and the January did not change. The automobile request index reached 109.4 and increased by 11.2 percent compared to the same month of the previous year.
The ratio showing how much of the ads for sale is calculated by dividing the number of automobiles for sale by dividing the number of automobiles, the increase in the number of advertisements increased faster than the number of cars sold and the market pointed out that the movement was moved.
The decrease in the number of advertisements, in case of a slower number of automobile sales, the increase in the rate, the market pointed out that the stagnation was recorded.
In January 2025, the number of automobile ads for sale decreased by 0.7 percent compared to the previous month, while the number of cars sold decreased by 7 percent. The number of automobiles sold to the number of ads for sale was calculated to decrease by 1.4 points to 20.3 percent.
Another indicator of vitality of the automobile market, the closure age continued to increase, January 2025 compared to the previous month compared to the previous month to 21.1 days said.