Will the possibility of importing new cars be halved from February / Santa Fe price?

According to Tejarat News, today the parliament finally voted to liberalize car imports. With the implementation of this plan, will Iranian and foreign cars become cheaper? What do analysts and car market activists predict in this regard? This is the question that Tejarat News answers on Live Instagram.

In this live Instagram interview, Ebrahim Alizadeh, Editor-in-Chief of Tejarat News, discusses the future of the car market in Iran in an interview with Mehdi Dadfar, Secretary of the Automobile Importers Association, and Emaduddin Jafari, an automotive industry analyst.

What cars can be imported? How much is it possible for car prices to fall, and does car imports also affect domestic car prices?

Mehdi Dadfar said in this live Instagram conversation: the spirit of the car import law must be seen. We easily lost the foreign market if we gained it easily. Manufacturers export parts to foreign countries, including Turkey, but the dollar value is not high. That is, if they have exports, they help car manufacturers.

He stated: The plan to organize car imports is possible for everyone. The Competition Council does not say who should import the car? Fortunately, for the first time, this plan is applicable to everyone.

“There are a lot of currencies in people’s homes,” Dadfar said. Individuals can tell the Ministry of Silence how much currency they have and want to import a car with it. That is, with the same dollars they have in the safe, they now want to import the car.

“This law is eventful,” Dadfar said. How many Iranians bought villas and buildings with their money in other countries? What is the refund strategy? Eight million Iranians live abroad. With the money of these people, cars can be imported. We said in the association that we have currency outside of Iran. Many of our colleagues had businesses before the sanctions. But now their business is locked. Now they are ready to import cars with the currency they have abroad. Well, they notify the Ministry of Silence and import the car.

Of course, the use of foreign currencies to import cars has been examined many times, but this time it is supposed to work seriously on this issue.

How can a car be 80% cheaper?

Jafari, on the other hand, said that this is a dream look. Because the car import tariff is high. Is the tariff to be eliminated? So how did you say the car would be 80% cheaper?

Dadfar replied: The 80% drop in the car was related to the time when the import of second-hand cars was also free. But now Note 5 has been deleted. But let’s calculate the price of a Santa Fe.

Santa Fe in Dubai is 44,000 dirhams, which is 330 million tomans at the daily rate of dirhams. If you add the import tariff and the share of various institutions and items, it will eventually be added to the initial price of 250 million Tomans. That is, the price of Santa Fe is 580 million Tomans. Even if the importer makes a profit of 300 million, the final price of the car in the market will be 800 to 900 million tomans. The same Santa Fe in the market is one billion and 800 billion tomans. But this comment was deleted.

Dadfar continued: The only problem in the car reorganization plan is the presence of the Competition Council. The price of foreign cars will be reduced by implementing this plan without the Competition Council interfering in the foreign car market.

Chinese cars are getting cheaper

Dadfar in response to whether the price of Chinese cars will be cheaper or not? He replied: With the liberalization of car imports, the price of Chinese cars will be reduced by 10 to 20%. Of course, Chinese automakers are also lagging behind in car imports, and they have to watch the price gap to survive.

Car imports resume in the last days of the year

The secretary of the Association of Car Importers said: new cars are expected to enter the market in February and March this year. The Guardian Council approves that car imports will take place this year. Previous activists are rapidly launching new cars.

Foreign cars are 25 to 40% cheaper

Emaduddin Jafari, an automotive industry analyst, said on this live Instagram: “There are no exports of auto parts to other countries.” As if the export of Iranian cars to the two markets of Iraq and Syria.

Referring to his prediction about the price of the car, he said: “In the most optimistic case, with the implementation of this plan, the car will be cheaper by 25 to 40%.” The current price of foreign cars in the market seems to be false.

Jafari continued: The reason for the price bubble is that dealers are manipulating the car market. This means that there are groups behind the scenes in the car market that control this market.

This automotive industry analyst said that the biggest problem in the car reorganization plan is the lack of attention to after-sales service and said: “Unfortunately, no attention has been paid to foreign car sales services.”

Are Chinese cars getting cheaper?

Referring to the future of Chinese car prices, Jafari said: “With the arrival of new Korean cars in the Iranian market, the desire to buy Chinese cars will decrease.” Because the price of Chinese cars in the market is false. Unfortunately, due to restrictions, some Chinese car dealerships change car prices on a weekly basis. It will be difficult to sell Chinese cars in the future.

“The overhead costs of producing a car are high,” he said. Chinese automakers should also review factory prices. The price of Chinese cars is expected to drop by 20 to 30 percent.

Referring to the benefits of car imports, Jafari said: “Car imports benefit the people and regulate the car market.”

Those interested can watch this conversation on the Instagram page of Tejaratnews at instagram.com/tejaratnews.