According to Tejarat News, according to the announcement of the stock exchange, 200 Sahin machines were released today with a base price of 304 million Tomans. But this offer was not well received and only 39 cars were bought by investors.
Based on this, 100 units of Saipa Group’s Shaheen vehicles (with the ability to increase the supply by 100 units) were released at a base price of 304 million tomans for delivery on October 23 of this year.
According to the supply notice, buyers are required to pay 9% value added tax, 1% transfer tax and 2% energy label numbering tax (based on the final price) and also the amount of 42 million 34 thousand 465 Rials per car (including third party insurance in the amount of 38 million 137 thousand 465 rials and services related to numbering and license plate in the amount of 3 million 897 thousand rials).
Why was the purchase of a car not accepted?
The price of falcon in the commodity exchange is 304 million tomans and in the open market is 360 million tomans. This means that buying a car from the commodity exchange and open market has a price difference of about 56 million tomans. Buying a car from the commodity exchange is beneficial to the people, and with investors, by buying from the commodity exchange, they can make more profit than the free market.
But due to the stagnation of the car market, we cannot expect much acceptance of the Shahin supply and this number of purchases is almost normal. Of course, some experts believe that Shaheen is not a popular car and this lack of acceptance is also due to its lack of popularity.
Another group of experts say that the price difference of 50 million for buying a car from the stock market is very small. That is, if the difference between the price of the commodity exchange and the free market reached about 100 million tomans, investors would be more welcome.
Of course, stock market analysts believe that distrust towards the stock market is the reason for not buying a car. When the confidence of the shareholders towards the capital market increases, the purchase of cars will be more.
In any case, lack of trust in the stock market, price difference and stagnation of the car market can be considered as the reason for not welcoming the car supply. Should we wait and see whether the next releases will prosper or not?