Car price forecast in the new year / wait for the car price to decrease

According to Tejarat News, the Iranian car market is still stagnant on the eve of Eid. Auto exhibitors say people are waiting for the final results of the talks. It seems that the cessation of negotiations again brought a new shock to the foreign exchange market and car prices.

This lack of transparency in the negotiations caused people to give up buying cars on Eid night. On the other hand, Minister Samat’s recent remarks about liberalizing car imports and increasing production in 1401 made buyers and investors in the automotive industry more cautious.

What was the price of Iranian cars?

Surveys show that the car became slightly more expensive on Wednesday (March 16, 1400) due to the increase in the price of the dollar. For example, Dena Plus automatic model 1400 had a price increase of three million tomans. This car is available in the country’s car market with a price of 475 million Tomans. Ordinary Dena also reached 352 million Tomans.

Pride 111 is traded with another jump of 190 million Tomans. Pride 131 is also sold at a price of 162 million Tomans. Peugeot 206 Type Two reached the price of 264 million. Peugeot 206 Type Five is priced at 317 million Tomans.

The recession in the car market continues

With this fluctuating market situation, is the price of the car increasing in the first week of April 1401? A car market expert told Tejarat News: The recession in the car market continues in the first week of April 1401. If people want to buy a car, they can be promised stability and even lower prices in the future, subject to the Vienna agreement.

Emad Jafari explained: In the last week of March, the price of some cars increased again due to the fluctuation of the dollar price, which was affected by the suspension of negotiations. This upward trend in car prices seems to be temporary.

Falling car prices

He continued: the government has proposed to increase car production as well as liberalize foreign cars. If negotiations resume, car prices are likely to fall.

Earlier, market activists had said that people’s purchasing power has decreased on the eve of Nowruz 1401, and only cars less than 100 million tomans are traded in the market.

To read more, read the news of car production prospects for next year.