Blockage of 84 thousand billion tomans in Iran Khodro’s pre-sale plan – Tejaratnews

According to Tejarat News, in the latest pre-sale plan of its products for ordinary applicants, the plan to support the family and the youth of the population and applicants for replacement of used cars, four products of Arisan dual-fuel vans, Rana Plus, Soren Plus gasoline and Pars with XU 7 engine. The delivery time is 4 to 12 months.

Registration in this Iran Khodro project started on 13th of Bahman 1401 and continued until 22nd of Bahman. According to the latest published statistics, the number of registrations in this pre-sale reached about one million and 960 thousand people. This is while the total capacity of this project was announced as only 11 thousand vehicles.

The registration of about two million people for 11,000 cars still shows the enthusiastic presence of dealers and the continuation of false demand in the market. Of course, in the meantime, it should be noted that in the previous car sales plan Iran Khodro11 million people registered to buy only 20 thousand cars. As a result, it can be said that the new condition for car manufacturers to participate in car sales schemes made people who were standing in the government lottery line just to make a profit, take a step back.

Blocking of the deposit amount; Iran Khodro’s new condition

But what was the new requirement for automakers to participate in car sales plans?

After implementing various car sales plans, car manufacturers have unveiled their new idea. The idea is that in order to register for lotteries, applicants must have money in their account equal to the amount of the car, which is blocked by the bank. An action that brings a huge profit to the coffers of banks and car manufacturers, and it can be interpreted as a kind of government lending and giving from people’s pockets.

In the meantime, it should be pointed out that this condition is only applicable to the applicants of the normal sales plan, and the applicants of the mothers’ plan and other plans do not have such a condition for registration. As a result, it can be said that the black market of renting the National Card of mothers to participate in these plans is still thriving.

Blocking of 84 thousand billion tomans for a sales plan

But apart from the discussion of the new conditions of the car manufacturers for the applicants, how many thousand billion Tomans were blocked in the banks in these 10 days?

As mentioned, Iran Khodro’s pre-sale plan had about one million and 960 thousand people registered. Meanwhile, only 30-40% of the capacity has been allocated to the normal sales plan.

According to the published statistics, about 939,872 people have participated in the regular car sales plan only to register. The amount of advance payment for each car was announced as an average of 90 million Tomans.

Now, if these 939,000 applicants block approximately 90 million Tomans in their accounts for car registration in the normal plan, with a thumb account, 84,588 billion Tomans of money were blocked in the country’s banks during this period.

Does the market reach equilibrium?

Now, does changing the supply method help to improve the market situation? This condition was imposed with the aim of reducing speculative demand. But it seems that such a plan ends up benefiting only car manufacturers and banks, and this work is considered to be a way of erasing the face of the problem.

Experts believe that the method of car supply is not the main problem of the country’s car industry and market. Rather, it is the prices and number of car supply that solves the problems. As a result, the situation should not be expected to improve with the change of supply method by car manufacturers.

Another point that should be mentioned in the meantime is the blocking of the amount that the applicant must have in his account as a down payment. With this action, it can be said that Iran Khodro helped the banks to earn more profit.

Blocking applicants’ accounts by car manufacturers, even for a short period of time, can generate huge profits for banks. Of course, there is a possibility that Iran Khodro will also share in this profit.

To read more, read the news of car prices today on February 23, 1401/ the new message to the car black market in Tejarat News.