News ID : 3891
Publish Date : 24 January 2020 - 09:00
Car prices have been fluctuating in the market for the past few weeks, with marketers predicting prices will decline as car makers begin to increase supply, which has begun in recent times.
Khodrocar - Car market calm on the one hand, and increased supply by automakers in recent times, although prices have fluctuated, but market participants now say that registered car owners are determining the market price and with increasing supply the tendency to sell them. Increasingly, this will eventually lead to lower prices.

"Prices have risen slightly and seen some fluctuations, such as the Pride 111 and 131 as well as the Peugeot 206 class 5.” Saeed Motameni, manager of Tehran car show owners association told to khodrocar reporter.

"The need for a free market is now met by car registrants and if their obligations are delivered on time, they will become sellers as most of them invest with the aim of investing and with increased supply than car sales. So they are price-fixers in the free market.” He added.

"The end-of-year market situation depends on the supply of automakers, and if supply rises compared to previous months, prices would decline if there were no buyers.” He said.

"In the absence of currency fluctuation, we will also see price stability and decline as the currency fluctuates with the sellers' choice of car price, which ultimately leads to market turmoil.” He said.

"A review of market prices shows that the price of these cars has fallen by around 60 million IRRs, with the Peugeot 405 being now available for about 760 million IRRs and the Peugeot 206 Type 5 available at 115 million and available for sale at a price of 108 million.” He added.

"Automakers are delivering their three-week pledges now for a week, which we'll see in the market in the next few days, when car owners see cars being delivered and prices falling relative to registered car sales. They themselves claim that this affects the price of cars.” He said finally.

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