The fall in prices in the car market has been momentary and market activists believe that there is still room for further decline and the price bubble in the car market has not burst, and this expectation has made the market heavier and everyone is still waiting for further price reductions.
Khodrocar - While all markets are affected by Biden's victory in the US election, the car market is also witnessing a significant drop in prices following this decline. However, market participants believe that a comparison of the price of the dollar and cars in the last month of summer compared to now shows that prices are still a long way from reaching the real price and the price bubble has not yet burst.
Not so long ago, in recent months, car prices have been rising by the minute, and now, with the fall in the price of the dollar, the same thing is happening again, and prices are falling by the minute, much of which is It is emotional and influenced by the price of the dollar.
"The market has been locked for months and no trades have been made in it, so if the foreign exchange market stabilizes and price fluctuations stop, we will see a boom in trade in this market.” Saeed Motameni, head of Tehran’s auto show owners union told khodrocar reporter.
"Checking the prices in the last few months and the news archive and returning to September shows the amount of the price bubble, so that in this month the price was 22 thousand and 500 Tomans per dollar, the price of Pride was 131 to 87 million Tomans and the price of each device Peugeot 405 is equivalent to 61 million Tomans, Peugeot 206 Type 2 more than 180 million Tomans and Type 5 of this car about 218 million Tomans, but now with the fall of the dollar price and reaching the channel of 24 thousand Tomans, Pride is still in the range of 100 million Tomans and Peugeot 405 is also offered at a price of about 208 million Tomans, which increases the hope of further price reduction.” He says.
"If the dollar stays at the base price for about a month, trading will resume, but the current fluctuations will not allow the customer to enter the market and at the same time will not allow the seller to make a decision.” He added.
"This commodity has become a capital commodity in our country, and this has caused some people who seek to maintain the value of their assets to buy more cars than they need with the liquidity at their disposal, so by strengthening the rial of this category of People will also stop hoarding and distribute and sell their cars.” He mentioned.
"Simultaneously with the sale of these cars, prices will fall further due to the increase in the number of sellers, so there is hope that the market situation will improve and market participants see the future of their market positively, and with trading as in previous years. We will see a return to prosperity in the car market.” He called.
"Undoubtedly, these cars do not enter the market overnight, and since there are few who have bought cars at high prices, because market participants know at what price range they should buy, so with 32 thousand tomans of dollars. No one will be willing to buy, but no doubt this group of buyers will also offer the purchased cars if they see a decrease in their profit.” He called.
"With the strengthening of the value of the rial, the tendency to trade increases, but with the devaluation of the national currency, it becomes difficult for them to make decisions.” He continued.
"A review of domestic and foreign car prices shows that prices have decreased by about 20 to 25 percent, and if the dollar reaches the channel of 20 thousand tomans, we will see a 15 percent decrease in prices, because going back shows 18 thousand dollars. Tuman Pride was bought and sold for less than 80 million Tomans.” He said.
Not so long ago, in recent months, car prices have been rising by the minute, and now, with the fall in the price of the dollar, the same thing is happening again, and prices are falling by the minute, much of which is It is emotional and influenced by the price of the dollar.
"The market has been locked for months and no trades have been made in it, so if the foreign exchange market stabilizes and price fluctuations stop, we will see a boom in trade in this market.” Saeed Motameni, head of Tehran’s auto show owners union told khodrocar reporter.
"Checking the prices in the last few months and the news archive and returning to September shows the amount of the price bubble, so that in this month the price was 22 thousand and 500 Tomans per dollar, the price of Pride was 131 to 87 million Tomans and the price of each device Peugeot 405 is equivalent to 61 million Tomans, Peugeot 206 Type 2 more than 180 million Tomans and Type 5 of this car about 218 million Tomans, but now with the fall of the dollar price and reaching the channel of 24 thousand Tomans, Pride is still in the range of 100 million Tomans and Peugeot 405 is also offered at a price of about 208 million Tomans, which increases the hope of further price reduction.” He says.
"If the dollar stays at the base price for about a month, trading will resume, but the current fluctuations will not allow the customer to enter the market and at the same time will not allow the seller to make a decision.” He added.
"This commodity has become a capital commodity in our country, and this has caused some people who seek to maintain the value of their assets to buy more cars than they need with the liquidity at their disposal, so by strengthening the rial of this category of People will also stop hoarding and distribute and sell their cars.” He mentioned.
"Simultaneously with the sale of these cars, prices will fall further due to the increase in the number of sellers, so there is hope that the market situation will improve and market participants see the future of their market positively, and with trading as in previous years. We will see a return to prosperity in the car market.” He called.
"Undoubtedly, these cars do not enter the market overnight, and since there are few who have bought cars at high prices, because market participants know at what price range they should buy, so with 32 thousand tomans of dollars. No one will be willing to buy, but no doubt this group of buyers will also offer the purchased cars if they see a decrease in their profit.” He called.
"With the strengthening of the value of the rial, the tendency to trade increases, but with the devaluation of the national currency, it becomes difficult for them to make decisions.” He continued.
"A review of domestic and foreign car prices shows that prices have decreased by about 20 to 25 percent, and if the dollar reaches the channel of 20 thousand tomans, we will see a 15 percent decrease in prices, because going back shows 18 thousand dollars. Tuman Pride was bought and sold for less than 80 million Tomans.” He said.
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