The exodus of buyers from the car market

According to Tejarat News, according to the head of the Automobile Dealers and Exhibitors Union, the downward trend in prices in the automobile market, which started about two months ago, has continued under the influence of the news of the JCPOA negotiations, and the market is going through a downward slope. This is when the market is empty of buyers and everyone is a seller, but there are no customers.

Quoted from ISNASaeed Motmani, regarding the latest situation of the car market and the impact of JCPOA negotiations news on this market, said: During the last two to two and a half months, the prices in the market have been stable.

During the last few days, when talks about the JCPOA negotiations have been positive and positive news has been reported from the negotiations, the customer has backed off and is waiting to see what will happen in the future. In this situation, customers do not make purchases.

The head of Tehran Automobile Dealers and Exhibitors Union noted: During the last two and a half months, the prices of most products have fallen. For example, Saipa products have decreased by 2 to 4 million during this period, or the best-selling products of Iran Khodro (Samand, 206, Pars, etc.), in addition to this decrease of 2 to 5 million tomans in the last two months, the price has decreased further since the beginning of the week.

In the past month, Peugeot 207 automatic has dropped in price by about 80 to 85 million tomans; Because the supply of this product increased at some point considering that there are few buyers in the market.

In this market, everything depends on the amount of supply…

He emphasized: the more the supply increases in the car market, the prices will definitely fall more. During the last few days, as usual for the last two months, there are many sellers in the market, but there are no buyers in the market.

The customer knows that when the agreement is made, it will have its psychological effect and we can hope for a further reduction in prices. The market is still calm and has maintained its price stability during the last two-three months.

Motmani predicted for the future of the car market: the car is a consumer product, it must be supplied in proportion to the needs of the market, the price difference between the market and the factory will decrease, and if it exceeds the demand, we will no longer have a price difference.

We have seen that the supply limitation in the last two years, the difference between the factory price and the market has widened.

But last two months, Iran Khodro, for example, invoiced a large number of 207, so its price went from 600 million tomans to 500 million. Now, if he supplies more, it will be equal to the approved factory price within a month.

The head of Tehran Automobile Dealers and Exhibitors Union emphasized: As mentioned, automobiles are consumer goods that should be supplied and marketed like other consumer goods. Interruption in supply will disrupt the price.