News ID : 4281
Publish Date : 29 January 2021 - 09:08
Simultaneously with the decrease in the exchange rate, the downward trend in car prices in the market, which started about a month ago, has continued, and according to car market activists, this downward trend in car prices will continue until the end of the year.
Khodrocar - A review of the prices of high-volume cars shows a 20 to 30 percent decrease in prices compared to previous months, so that this downward trend in January compared to December was again accompanied by a 10 percent drop in prices.

With the rumors of a possible return of the United States to Borjam and its effect on domestic markets, this downward trend is expected to continue until the end of the year, while due to the downward trend in market prices, buyers are reluctant to buy a car. They are waiting for further price reductions, so the expected recession in the car market is more visible than before.

Meanwhile, the decision of the Competition Council not to increase car prices in the last quarter of the year has been further caused, and despite the fact that we expected to see an increase in demand in the car market as every year, prices began to decline to show we will see a different year.

A look at the price of cars in the market shows that Samand LX 181 million Tomans, Samand Soren 238 million Tomans, Peugeot 206 Type Two 187 million Tomans, Peugeot 206 Type 5 250 million Tomans are traded. In addition, Peugeot 206 with cash register is priced at 237 million Tomans, Pride 131 106 million Tomans, Tiba with cash register 116 million Tomans, Tibado 125 million Tomans, and Saina 132 million Tomans.

According to market participants, despite the downward trend in prices, demand in the market is still declining, and this has led car depots, who kept cars in their parking lots in order to make more profit, to give up big profits and cars. However, there is no purchase in the market.

Meanwhile, the efforts of some brokers and intermediaries to create a wave in the market and ride the new resolution of the Competition Council came to a standstill, and the market stabilized again after a few days of price growth. The market intermediaries hoped to break the stagnant market in the tent market, given the near end of the year with the new demand that usually enters the market during this period, which did not happen in practice.

The current trend of prices in the car market showed that this market has always kept an eye on the fluctuation of the foreign exchange market, because with each fluctuation of the announced prices of car manufacturers, so with the rise of the exchange rate, car prices also go up. The timing of the exchange rate decline is the opposite.

 Therefore, the further fall of prices in recent months and the fall of the exchange rate again and its location in the range of 20,000 Tomans can bring another downward shock to the car market and prices will be on the downward path again.

Automotive policymakers want to maintain this situation, and it seems that the car market in the last months of the year will remain calm and even move in the direction of lowering prices.

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