News ID : 4288
Publish Date : 05 February 2021 - 09:01
Forecasts point to a sluggish car market on New Year night this year, and although prices have fallen sharply, expectations of a further drop in currency prices and subsequent car market prices will reduce demand in the market.
Khodrocar - These days, the car market, as one of the indicators of inflation, is experiencing more stable days than in the past. On the one hand, the foreign exchange market is experiencing price stability, and on the other hand, the lack of false demand has brought the car market closer to calm.

Market participants predict that prices will continue to stabilize in the car market, and according to them, these conditions will be the same until Eid night, and it seems unlikely that we will see an increase in prices in the car market.

Perhaps one of the main reasons for the calm of the market is the conversion of car depots into dealers.

The car market is in such a slump these days that reports confirm the low returns of this market in recent months.

"Now is a good time to buy a car for real consumers as prices have been declining in recent days and it can now be said that prices have stabilized and real buyers have returned to the market.” Nemat ollah Kashani, deputy manager of Tehran car show owners association told khodrocar reporter.

"The car market has reached the price ceiling and there is no longer a tendency to increase prices, and prices are expected to become more stable as supply increases.” He said.

"There is currently no demand in the market to buy a car, and on the contrary, the seller is seen in the open market, and those who previously refused to sell the car in order to make more profit, today have become car sellers in the market.” He continued.

"If the downward trend continues, prices will approach the factory price, if these conditions are met, sales by lottery will no longer make sense, because prices in the market will decrease to such an extent that false demand will disappear.” He said.

"In recent days, the price of Pride and Peugeot 206 has increased by two million Tomans, but at the same time, Quick faced a decrease of 10 million Tomans.” He said.

While prices have been declining, the market is still waiting for customers to arrive, and a look at prices suggests that perhaps the reason for this lack of demand should be attributed to declining purchasing power. The gap between the factory price and the market has decreased, but prices are still far from the actual factory price, and this has further fueled the market recession.

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