The release of Peugeot 207 in the commodity exchange / How much did the buyers profit? – Tejarat News
According to Tejarat News, at what price was the manual Peugeot 207 traded on the commodity exchange?
Today, Sunday, January 4, the Iran Commodity Exchange Automobile Hall hosted the sale of 2,000 Peugeot 207 manual cars.
Competition compared to base price: 121 percent
Transaction details:
To buy a car from the commodity exchange, each national code (genuine buyers) is only allowed to place an order on one of the codes offered on the date of sale and only for one vehicle, and buyers must be at least 18 years of age, and persons who Previous offers have succeeded in buying a car, but they cannot place an order.
In order to continue the purchase process, buyers must create and complete a personal profile at the same time as the settlement in the commodity exchange (at most until the end of the allowed settlement period in the exchange) by referring to the esale.ikco.ir address and at the appointed time through SMS (completing the payment of expenses) legal belongings) will be notified. In addition to choosing one of the authorized agencies, choose the insurer you want on the site and proceed to deposit the additional costs.
Additional costs include insurance and numbering and fixed costs in the amount of 4 million 371 thousand 310 tomans plus 13% for taxes and legal duties which are calculated based on the transaction amount and must be paid by the buyer. It is obvious that if the above costs are not deposited, the delivery time of the car will change in proportion to the buyer’s delay in depositing the additional funds up to 5 calendar days after sending the SMS (completion of the payment of legal belongings).
Meanwhile, Iran Khodro plans to sell 2,000 manual Peugeot 207 units on Sunday through the commodity exchange, which has reduced the base price of this car compared to the previous stage of the sale (December 19).
Investigations show that 2,000 manual Peugeot 207 units sold in the commodity exchange are supplied with steel rims instead of aluminum rims and do not have electric steering. Probably for this reason, the base price of this car has decreased to 186 million tomans compared to the previous stage of the sale, which was 292 million tomans.
While the prices in the car market are growing rapidly and the same car has become more expensive by 14% during this period, it seems that Iran Khodro is looking to provide more economical versions with less options of the existing cars. Earlier, there was a speculation that maybe the reduction of the base price was done at the insistence of the government and to suppress the price of cars, but experts emphasized that this did not affect the discovered prices.
Decreasing the base price of 207 manual from 292 million to 186 million tomans
It was 30th of December that Iran Khodro announced the release of another two thousand 207 units in the commodity exchange. But the interesting thing to note in the release announcement of this car is the 36% reduction in the base price from 291.5 million tomans to 185.5 million tomans.
In the release of Peugeot 207 manual on 19 November, the basic price of this car was 291.5 million tomans. Transactions were carried out at an average rate of 370 million Tomans, which, including additional costs (including taxes, duties, fixed costs and three-month sleeping fees), cost the buyers a total of about 419 million Tomans. At that time, the price of 207 Handi in the market was 477 million tomans.
But while the market price of this car has increased by 14% to 544 million Tomans since then, we are witnessing a 36% decrease in the base price in tomorrow’s release.
Car price suppression with the wrong tool?
Some suspect that the government may have pressured the automaker to reduce the base price of the products in order to suppress the car prices. Or that this happened because of the fear of an attack against the Commodity Exchange and the Ministry of Secrecy, so that the price of the car does not fall on the shoulders of the Commodity Exchange. An attack that, of course, does not have a very logical support and ignores the strange growth of the dollar price. Cars have increased by nearly 44% in the first nine months of the year, while the price of the dollar has grown by 51%.
But experts emphasize that changing the base price does not affect the price discovered in the stock market. The base price is actually the lowest price at which the car manufacturer is willing to sell its product. The discovered price is the price at which traders are willing to buy the car. The fact that the supply is less than the demand for cars in our country, as well as the upward trend in the price of the dollar, which has caused consumer car buyers to struggle to buy and some capital demands are activated in this market, makes buyers willing to buy the cars offered at much higher prices. Buy from the base price. Of course, it is important to note that because it is not possible to buy more than one car from the commodity exchange for each national code, it is very difficult to enter this market with a high volume of capital demand.
However, the result of the previous car sales in the commodity exchange shows that the car prices are still cheaper than the market price. Even in the previous months, when the dollar had not yet risen, the supply of cars in the commodity exchange had caused the market price of cars to drop. But the rapid rise of the dollar in recent months has not allowed the price of listed cars to decrease in the market.