Car price forecasts boomed in the third week of January / the second-hand car market

According to Tejarat News, the market for cars with zero and more than 200 million Tomans is still stagnant. This situation shows that people have the ability to buy second-hand and used cars.

Despite the fact that the zero car market was booming in previous years, this year there is not much demand for zero cars due to the increase in car prices.
Surveys show that the prices of some cars (January 6, 1400) have been increasing. As a Tiba hatchback model 1400, with a price increase of three million compared to the previous day, it reached 201 million tomans.

Peugeot 206 Type Two reached the price of 275 million. Peugeot 206 Type Five is also available in the market at a price of 320 million.

The head of the Babil Auto Dealers Association said about the situation in the car market: “The demand for used cars is high and second-hand.” These cars usually do not reach the exhibitors. Rather, dealers will buy these cars sooner. For this reason, it has become difficult for exhibitors to provide second-hand and used cars for sale.

Massoud Nabizadeh told Tejarat News: “In recent years, despite the increase in car prices, the demand for cars has also increased.” Although the demand for zero cars is low these days, the sale and purchase of used cars is booming on the eve of Eid night.

Car prices fluctuate?

He continued: Most people demand used cars for less than 200 million tomans. It is predicted that the prices of Iranian cars will fluctuate upwards until Eid night. Of course, the increase in car prices on the eve of Eid night comes at a time when nothing is happening in the negotiations.

According to the report, zero domestic cars have not seen much price growth in the last three weeks due to the decrease in currency prices. Earlier, Najafi Manesh, president of the Tehran Homogeneous Parts Manufacturers Association, said: “We import between 1,500 and 1,600 dollars for each car. Part of the problem for automakers is the supply of raw materials and electronics. “30% of electronic components such as ICs and car kits are imported.”

Read more about 1400 automakers’ defective cars.