It is a well-known fact that automobile prices are already high. As those who follow the market more or less closely know, a regulation was made in the SCT tax bases a short time ago and the prices of the cars that we call entry-level decreased significantly.
However, after the increase in the time passed, these discounts did not have much appeal. As you know, this update was only applied to entry-level cars. However, with the price hikes, when the cars, which were at the lowest SCT level, moved to the next level, the prices increased directly.
After the car prices increased again, the SCT reduction statement came!
This increase brought with it the expectation of SCT reduction to be made on automobiles in 2023. As you know, after the CHP leader’s SCT exit, expectations regarding the SCT reduction had peaked. But after that, the government did not take any action in this regard.
Upon the increase in expectations regarding the SCT reduction, a brief statement was made by the government on the subject. Treasury and Finance Minister Nabati stated that such a reduction is not on their agenda. Nebati said that the demand for automobiles is high, and that even people cannot find a car to buy. He added that there would be no SCT reduction in such a table.
To summarize briefly, as there is a high demand for brand new cars, there will be no SCT reduction under current conditions. Of course, we’ll still have to wait and see.