News ID : 4003
Publish Date : 07 May 2020 - 09:10
The car market this week, with rumors of a 30 to 40 percent increase in car prices, went into a coma again to show that in addition to supply, other parameters affect the car market and can affect the performance of this attractive and marginal market.
Khodrocar - Car prices, which have set strange records in recent days, from 50 million Tomans Pride to Peugeot 206, 140 million Tomans are numbers that never came to anyone's mind, but in the past few days, these numbers were easily raised by the owners of these cars. In some cases, there is even a customer for it.

Market participants believe that at the moment, despite these prices, not only are there no sellers in the market, but also buyers are in uncertainty, so it is not clear where the fate of the car market will go. Although increasing supply is always mentioned as a way to heal the market, due to the uncertainty of prices, there is no supply to the market by car owners, which has fueled market turmoil.

"The car market is still in turmoil, new prices have not yet been announced in the market, and car sales have plummeted.” Saeed Motameni, manager of car show owners union told khodrocar reporter.

"Currently, there is a limited market in the car market, and until the market needs are met by automakers, prices will continue to rise as market demand is not met by exhibitors.” He said.

"At present, the market needs are met by those who had bought a car in order to maintain the value of their assets, and in order to make more profit than the market conditions with the price difference, they were selling a delivery car that no car currently has not available in the market.” He said.

"Undoubtedly, the price gap between the factory and the market is due to the shortage, and currently in 90% of car exhibitions, Iranian cars are not seen and transactions are very limited.” He mentioned.

"Currently, due to rumors of a 30 to 400 percent increase in car prices, we are witnessing its psychological impact on the market, and this trend has caused car owners to hold hands to sell their cars, and customers and buyers are hesitant to buy, which has caused the market to be undecided.” He added.

"Due to the rumor of the increase in car prices, the prices announced by car owners are very high, but still there is no buying and selling in the market, so that there is a complete recession in the market and there are no buyers in the market.” He said.

"The important point is that the price of the car has increased and it is necessary to supply enough to solve the vacuum created and determine the task of the car market.” He said.
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