Why did Pride become expensive? / Sell a car for a mortgage!
According to Tejarat News, two factors raised the price of cars in the Iranian market. The first is the increase in the price of the dollar and the second is the silence of the car import plan. The price of the dollar today, Wednesday (October 27, 1400), rejected the channel of 28,000 Tomans. Some market participants say that the car market has boomed and the volume of car sales has increased more than in recent weeks.
With the whispers of importing foreign cars, it was expected that with the arrival of new cars, people would be able to replace their old cars with new ones, but the task of the parliament’s decision is not clear yet!
Prices of all types of cars in the market
Studies show that some Iranian cars, including Pride and Peugeot, became slightly more expensive. In today’s transactions, the price of Pride types increased by four million tomans. According to the announcement and inquiry of Pride 111 and Pride 131 car owners and sales offices, they were traded at a price of 155 million and 500 thousand Tomans and 139 million and 500 thousand Tomans, respectively.
Also, the optional Pride van was sold at a price of 165 million Tomans. Ordinary van Pride was also traded at a price of 153 million and 500 thousand tomans.
The price of Peugeot 207 with gears is still on the rise and was recorded at 333 million Tomans. In addition, the Peugeot 207 automatic increased to the price of 413 million Tomans.
Peugeot 405 and Peugeot Pars had an increasing trend. Peugeot 405 SLX reached the price of 260 million Tomans and Peugeot Pars LX reached the price of 299 million Tomans. The price of Quick automatic increased by 222 million Tomans and model 1400 increased by the price of 230 million Tomans.
The increase in home mortgages has increased car dealers
Farbod Zaveh, a car market expert, announced the decrease in the level of car transactions and said: “The reaction of the car market is momentary and this issue has caused the amount of transactions to not change.” This means that some sellers announce car prices in high numbers, but this does not mean buying and selling cars.
“The car market is stagnant,” he said. Of course, there is a problem that those who can no longer afford expensive cars are content with a car like the Pride.
Zaveh explained: Of course, due to the increase in the price of renting a house, some people sell cars under their feet and use the money to pay for the rent. Others are forced to choose Pride as the car under their feet by selling a car in addition to paying rent.
People are not optimistic about car imports!
With the increase in the level of transactions in the market, people are no longer optimistic about the government’s decision. This has led to a boom in car sales in the market.
Firooz Naderi, a car market activist, told Tejaratnews: “The dollar has made Iranian and foreign cars more expensive, but this has not reduced the level of transactions.” The market has boomed with the increase in car prices.
The ice of the car market melted. Buyers who have retreated from the car market in the past two weeks are now entering the market to trade. Mehdi Dadfar, secretary of the Automobile Importers Association, said: “The reason for the high price of Iranian and foreign cars is not the abolition of car imports. “Rather, the car market has reacted to the uncertainty of the parliament’s decision.”
To read more, read the car price news today, October 28, 1400.