Car price forecast in the third week of November / The impact of negotiations on the car market
According to Tejarat News, in the last six days, the car market entered a strange price channel and broke the Pride price record. But why did cars become more expensive in the Iranian market?
Market participants say two factors have contributed to the rise in car prices. The first factor is the decrease in the supply of Iranian cars and the second factor is the ambiguities about the future of foreign car imports, which has confused the car market.
Prices of Iranian cars
Studies show that Tiba Cashier Plus Model 1400 is 15 million Tomans more expensive and priced at 168 million Tomans compared to Tiba Cashier Plus Model 99.
The price of Tiba hatchback EX with steel rim of model 1400 has reached 164 million Tomans and also Tiba hatchback EX with steel rim of model 99 is traded in the price range of 157 million Tomans.
Meanwhile, the head of the Mashhad Auto Exhibitors Union, referring to his predictions about the future of the car market, says: An inflationary recession has prevailed in the car market. The car price growth trend is expected to be temporarily halted next week before the talks.
In an interview with Tejarat News, Hamidreza Heidari explained: Of course, a major factor in the price of Iranian cars is the price of the dollar. If the price of the dollar does not rise significantly, the price of cars will fluctuate slightly.
What causes a car to become expensive?
He continued: “One of the reasons for the increase in car prices is the ambiguity about the future of negotiations and car imports.” As long as the sanctions continue, the supply of Iranian cars to the market will remain dripping and the ban on the import of sharp cars will continue.
Last week, Mehdi Dadfar, secretary of the Automobile Importers Association, said: “Ambiguities in the implementation of automobile designs have caused Iranian cars to become more expensive in the market; However, the minister has promised that the car will be cheaper by the end of the year, but how; it is not clear yet?
To read more, read the news of car price forecasts in the second week of November.