Buy a car or not? / Car market forecast
According to Trade News, in the first seven months of 1400, the car market, although not considered a financial market, has grown more than other markets and has experienced a fluctuation of 20%.
Declining signals for the car market
The government, however, is trying to send down signals to the car market. Recently, the Minister of Industry, Mines and Trade, Seyed Reza Fatemi Amin, has promised to reduce prices in this market for the second time.
In Twain, he promised that the process of increasing car production would proceed in such a way that the lottery process would be eliminated and prices would be reduced.
Also, Mehdi Sadeghi Niaraki, one of the deputies of the Ministry of Silence, in his remarks about the beginning of the car price reform, announced that the first project of this ministry in this field is the pricing reform in the automotive chain.
Promises about car imports
On the other hand, in recent times, the debates on car imports by the parliament and the government have had an impact on the prices of imported cars.
It seems that the Minister of Automobiles, who was once an opponent of this issue, has finally changed his mind. Ruhollah Abbaspour, deputy chairman of the parliamentary parliament’s industry commission, said that Minister Samat had agreed to liberalize car imports since 1401.
Controlling the car market with “occupational therapy”
However, the emergence of a lawyer, a financial market expert, believes that the government is trying to create a recession in various markets with “professional therapy”.
He explained in the Instagram program of Tejarat News: in the car market, the issue of imports, in the field of housing, the production leap plan, and in the dollar sector, repeated promises about negotiations are the subdivisions of this government effort.
The financial markets expert, however, stressed that such a trend can not continue, and if a comprehensive agreement with the world is not reached by the end of this year, inflation in various markets will begin next year.
Read the full text of the report Which market is safe for investment? it is suggested.
Predicting the future of the car market
Trade NewsIn recent days, he has held several other live Instagram posts about investing in financial markets. You can read the opinion of the experts present in these conversations about the future of the car market below.
Mohebbi: The domestic car market is good
“Foreign cars may be risky, but domestic cars can increase,” said Maryam Mohebbi, a financial market expert. Because the probability of increasing the production of domestic automakers is low.
According to him, despite the risk of cross-cutting, domestic cars can be a good market for investment.
Mirzaei: The car market is not the first priority of investment
But Nima Mirzaei, another financial market expert, believes that the car market is not a good place to invest and that it will eventually grow with the inflation ceiling.
He added: “Especially if the supply of cars in the stock market takes place, the growth rate of car prices will decrease and accordingly, I do not consider the car market as the first priority of investment.”
Diba: With the import of cars, the correction is temporary
Also, Mojtaba Diba, a financial markets expert, said about the future of the car market: “The car market depends a lot on the price of the dollar and will probably fluctuate as much as the exchange rate.”
“Car imports, if implemented, may reduce prices in the short term, which is a good opportunity for investors to enter, but the market will rise again,” he said.
Sadeghi: There are no large imports
Milad Sadeghi, an economist, also said: “Given that there are strong stakeholders in the car market, the possibility of mass import liberalization is not very high, and the design of these issues is in fact an excuse to liberalize cars stored in customs.”
He added that the behavior of the foreign car market is influenced by the dollar market. But the domestic car market is a function of the cost of production and is unlikely to decline. Individuals can take advantage of the price difference between primary and secondary markets and take advantage of this by registering with automakers’ sales plans.
Awareness: The purpose of the car import plan is to earn money
Also, Nima Agahi, another financial markets expert, said in this regard: the government and parliament are looking for revenue and tolls on the issue of imports.
He added that the next issue could be the failure of the monopoly of domestic automakers and the control of foreign car prices. Now foreign cars are sold in the Iranian market for 70 to 80 thousand tomans. But changes to the design destroyed its ability to break the monopoly.
Increasing trend for domestic car prices
The financial markets expert predicted: In Iran, low productivity and high prices; As a result, the price of domestic cars is on the rise.
According to him, carmakers are trying to bring their products to market prices, which, of course, if it happens, is a positive development, because now this profit goes to the pockets of dealers.
Probability of stability in the price of foreign cars
Awareness added: There is no consensus between the government and parliament on foreign cars. The government is optimistic that car imports will take place next year, but parliament is planning to do so this year.
According to him, prices in the foreign car market will not decrease and are more likely to be stable; Because the issue of imports, negative signal and exchange rate increase, send a positive signal to this market and they neutralize each other.
Read the latest car news on the Tejarat News car news page.