2. ELDE HANGİ OTOMOBİLLERİN FİYATI DÜŞÜK ? | KREDİLİ ARAÇ ALINIR MI ?

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28 Jan 202410:50

Summary

TLDRIn this insightful video, the presenter explores the current state of the second-hand car market, addressing the timing for buying used cars amid fluctuating prices and economic instability. Highlighting the imbalance in the market, the video delves into whether it's the right moment to purchase vehicles, considering the high interest rates on loans and the limited installment options available. The presenter offers a comprehensive analysis of price disparities between new and used models, providing examples across various car brands to guide viewers on making informed decisions. Additionally, the video discusses the risks and considerations of financing cars through loans in the current economic climate, ultimately advising viewers on prudent car buying strategies.

Takeaways

😕 Used car prices are very high compared to new cars of same model
😟 Now is not a good time to buy cars on loan due to high interest rates
🤔 Manual transmission cars are cheaper than automatics in used market
🧐 Compare new car price with used car price before buying used car
😠 Used car dealers push cars with major damage history in loan deals
😡 Avoid buying used cars on installments from small dealers now
🙁 Buy used car fully in cash based on budget instead of loan now
😞 Wait until loan interest rates fall to buy used cars on loan
😀 Buy used Toyota, VW, Golf cars carefully comparing prices
💡 Take advice from experts before deciding which used car to buy

Q & A

What are the current issues with the used car market according to the speaker?
-The speaker highlights very high and imbalanced prices in the used car market, especially for lower-end models. He advises being cautious when purchasing used cars currently.
Why does the speaker recommend against purchasing cars on credit right now?
-The speaker states that due to very high interest rates and few installments, purchasing cars on credit now results in paying significantly more than the car's value over the loan period.
What does the speaker say about the price difference between new and used cars?
-For some models, there is only a small price difference between new and used cars of the same model currently, so the speaker advises comparing prices carefully.
What are the risks of purchasing from unofficial dealers according to the speaker?
-The speaker warns that unofficial dealers often sell cars with major prior damage that is not declared, which can cause problems for the buyer later.
What models does the speaker analyze for used vs new prices?
-The speaker analyzes used vs new prices for vehicles like the VW Polo, Golf, T-Cross and Toyota Corolla Cross.
When does the speaker say is a good time to purchase cars on credit?
-The speaker states that purchasing cars on credit makes more sense when interest rates and terms are more favorable, not currently.
What does the speaker recommend for car purchases currently?
-The speaker recommends purchasing cars with cash on hand rather than credit until interest rates and terms improve.
What does the speaker say about investing in cars currently?
-He states that cars are not a good investment vehicle currently compared to other options that will appreciate more.
How does the speaker recommend selecting a used car now?
-He advises looking at prices of higher models as well since there is little price difference currently in some cases.
What factors are causing used car prices to rise according to the speaker?
-He states high demand coupled with high interest rates and few installments make lower end models unaffordable, driving up their prices.

Outlines

00:00

😀 Welcoming and greeting the viewers

The host greets viewers, wishes them a good week, and prays for their health and wellbeing. He states that he will be discussing the used car market and whether it's the right time to buy a used car given the unstable prices.

05:01

😕 High used car prices compared to new cars

The host analyzes used vs new car prices for various models like VW Polo, Golf, T-Cross and Toyota Corolla Cross. He finds small price differences, making used cars overpriced. He advises checking the used vs new price difference before buying any car.

10:01

😠 Avoid buying cars on credit now

The host strongly advises against buying cars on credit currently due to high interest rates and fewer installments. He explains how some dealers engage in unethical practices by selling cars on interest to those with poor credit scores. He reiterates avoiding credit purchases until interest rates improve.

Mindmap

Keywords

💡Second-hand car market

The second-hand car market refers to the buying and selling of used vehicles. In the video, the speaker discusses the current state of the second-hand car market, mentioning the imbalance in prices and which vehicles are advisable to purchase. The video provides analysis and advice on navigating the second-hand car market.

💡Car Loans

Car loans are financial products used to purchase vehicles. The speaker advises against taking out car loans at the current time due to high interest rates and limited repayment terms. The video cautions against the risks of taking out loans from non-banking institutions, emphasizing the importance of considering one's financial capacity when making such a purchase.

💡Price Comparison

The speaker compares the prices of new and second-hand vehicles, particularly for popular models like Volkswagen and Toyota. The video emphasizes the importance of comparing the price difference between new and used cars to make an informed decision. The speaker advises considering the price gap between new and second-hand vehicles when purchasing a car.

💡Investment

In the video, the speaker advises against viewing cars as an investment at this time. The video suggests that other investment options may be more financially rewarding compared to the current car market. The speaker recommends purchasing a vehicle based on one's needs and financial capabilities rather than for investment purposes.

💡Cash Purchase

The video advises against purchasing cars on credit or loans and instead recommends purchasing vehicles with available cash. The speaker suggests that a cash purchase is a more prudent approach considering the current market conditions, high interest rates, and limited repayment terms.

💡Market Conditions

The speaker frequently refers to the current market conditions, which include factors such as economic slowdown, rising interest rates, and reduced purchasing power. The video advises that these market conditions should be carefully considered when deciding whether to purchase a car.

💡Vehicle Models

Throughout the video, the speaker compares the prices of various vehicle models, including Volkswagen Polo, Golf, T-Cross, Toyota Corolla Cross, and Toyota Rav4. The video provides a detailed analysis of the price differences between new and used versions of these popular models.

💡Financial Capacity

The video emphasizes the importance of considering one's financial capacity when purchasing a vehicle. The speaker advises against overextending financially and suggests purchasing a car within one's budget. The video cautions against the risks of taking out loans from non-banking institutions when financial capacity is limited.

💡Repayment Terms

The repayment terms refer to the length of time and the installments required to pay off a car loan. The video advises against taking out car loans due to the current high interest rates and limited repayment terms. The speaker suggests that the repayment terms should be carefully considered when deciding whether to purchase a car on credit.

💡Price Gap

The price gap refers to the difference in price between new and used vehicles. The video emphasizes the importance of analyzing the price gap when making a purchasing decision. The speaker advises that a significant price gap between new and used cars may indicate a favorable time to purchase a used vehicle.

Highlights

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