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- Title
TÜRKİYE'DE İKİNCİ EL OTOMOBİL FİYATLARINI ETKİLEYEN FAKTÖRLERİN İNCELENMESİ.
- Authors
DAYI, Faruk; HASANOĞLU, Tuğba
- Abstract
The automotive sector has a large share of the global economy. In recent years, sudden and sharp increases in the exchange rate in Türkiye have also caused automobile prices to soar. Many factors cause the prices of second-hand automobiles to increase. The study aims to investigate the existence of asymmetric information and the factors affecting the prices of secondhand automobiles in Türkiye. There is a large body of research on the macroeconomic factors affecting second-hand automobile prices. However, the study examines the micro factors affecting automobile prices. The sample consists of 6,262 second-hand automobiles in Türkiye. The model consisting of many independent variables (brand, type of transmission, fuel type, ownership status, additional equipment information, damage information, etc.) is analyzed using multiple and logistic regression. The results show that brand and traction type are the two most important factors affecting the prices of second-hand automobiles in Türkiye. However, damage and additional equipment information and ownership status do not affect the prices of second-hand automobiles. Asymmetric information exists in the automobile markets in Turkey.
- Subjects
TURKEY; AUTOMOBILE sales &; prices; AUTOMOBILE industry; USED cars; AUTOMOBILE marketing; SHARING economy; AUTOMOBILE exhibitions
- Publication
Visionary E-Journal / Vizyoner Dergisi, 2023, Vol 14, Issue 38, p436
- ISSN
1308-9552
- Publication type
Article
- DOI
10.21076/vizyoner.1193474