19-fold increase in car prices since 1997 – Tejaratnews

According to Tejarat News, Saeed Motmani, the head of the Automobile Dealers Union, said: From April 2017 to today, domestic cars have increased almost 18 to 19 times, and one of the main reasons for the astronomical increase in car prices is the limited supply.

Car market activists believe that only if the car supply increases and we don’t see any restrictions on the supply, the price in the car market will be controlled.

Saeed Motmani, the head of the car showrooms union, says about the reasons for the increase in prices: The main reason for the recent high prices is due to the low supply of cars.

According to him, what we are witnessing is that the car is under-invoiced and the supply limitation has made it difficult to buy a zero domestic car at the moment and the buyer has to go to a thousand and one places to get the car. prepare; Of course, with a higher price, the main reason of which is that the car supply is not done in the market at the moment and there are few cars.

Motmani notes: From April 2017 to today, domestic cars have increased almost 18 to 19 times, and one of the main reasons for the astronomical increase in car prices is the limited supply.

Source: Khabaronline