The Ministry of Trade extends the duration of the 6 Months-6000 Km Application.

Important Statement from the Ministry of Trade

The Ministry of Trade announced that the regulation regarding the sale of second-hand motor vehicles has been extended for 6 months and 6,000 kilometers. This extension aims to combat speculative price increases and hoarding occurring in the automotive sector.

Speculative Price Formations and Advertisement Restrictions

In a written statement, the Ministry emphasized that measures taken to eliminate speculative price formations and hoarding activities in the automotive market will be enhanced. Second-hand motor vehicles cannot be marketed or sold until 6 months and 6,000 kilometers have passed since their first registration, and sales will be prohibited until July 1, 2026.

Notaries Will Continue to Take Effective Measures

According to the regulations, businesses with a certificate of authorization in the sale of second-hand motor vehicles, as well as individuals who sell three or more vehicles a year, will be prevented by notaries from making sales that violate the 6 months-6,000 kilometers rule.

Application Period for Authorization Certificate Extended

The application period for the authorization certificate in the sale of second-hand motor vehicles has been extended by 7 months to April 1, 2026 for those registered with tax or professional chambers as of August 27, 2024. This extension only pertains to the application for the authorization certificate.

Results and Goals

The Ministry announced that with these regulations, efforts will be meticulously continued to ensure price stability, establish a fair market structure, and prevent unregistered activities. It was stated that additional measures will be implemented if necessary.