This year, unlike previous years, the car market is not going through prosperous days on the eve of Eid night. Although this year we have seen a decrease in car prices as well as an increase in car supply, there is still no desire to buy and real buyers who are current customers in the car market have postponed their purchase to next year.
Khodrocar - Despite the annual flow of the car market on the eve of Eid night and the boom in transactions, this year, despite lower prices and increased supply in the market, applicants are reluctant to buy a car, according to market participants.
Falling prices and zero equations in the car market continue in the last days of the year, while every year the trading market was booming in March, but a review of the current market situation shows that despite the previous years, a severe recession in transactions. Buyers are still waiting for further price reductions, so there is no desire to buy, so the purchase of this group of people has been postponed to next year.
Statements by market participants about the ambiguous flow of the market also indicate the impossibility of predicting the car market even next year, while last year's experiences show an increase in prices after the Nowruz holiday. However, given the ambiguity of the dollar exchange rate, the possibility of political and economic openings in 1400, and the lifting of sanctions, it is not possible to comment definitively on the state of the car market and prices next year.
"In recent days, sales in the market reached the lowest level and except for real buyers, no referrals were made to the market, and the highest sales statistics were for domestic cars with a price of less than 400 to 500 million tomans, such as Peugeot 206, Pride, Peugeot 207 was allocated.” Nemat allah Kashani, manager of Tehran’s car show owners association told khodrocar reporter.
"At the same time, the car market was relatively calm and the price fluctuation in the market subsided, and this trend led to a decrease in false demand in the market, which led to a severe recession in the market on the eve of Eid night.” He added.
"In a situation where dealers have no role in setting prices and the foreign exchange market is calm, the bulk of car buying and selling is done by real consumers, and the car market has lost its former appeal.” He continued.
"The approach of the end of the year and the fear of a one-year decline in the market of cars increased the supply in the market by dealers and intermediaries. This is despite the fact that the production and supply of automakers were also growing, which, with the decline in current demand, further fueled the recession.” He said.
"Despite the easing of price fluctuations in the car market, it is still not possible to make an accurate forecast of car price trends next year. In general, market conditions in the new year are not predictable, but given that the market has moved away from the upward trend in prices compared to the past, the increase in prices seems far-fetched.” He said.
"Until a month ago, real consumers were in the market, but since Saturday last week, there were no customers in the market and transactions are at zero point and prices are still falling.” Saeed Motameni, expert of auto industry told khodrocar reporter.
"Prices have reached the level of December and this downward trend will continue, and if supply increases and the dollar exchange rate decreases, car prices in the market will decrease further. Currently, the prices recorded in online advertisements are about 5 or 6 million tomans more than the market, and the consumer in the market can buy a car cheaper.” He added.
Now we have to wait for the new year to determine the fate of the car market, because this market is strongly subject to political and economic decisions, and with each decision, prices will change.
Falling prices and zero equations in the car market continue in the last days of the year, while every year the trading market was booming in March, but a review of the current market situation shows that despite the previous years, a severe recession in transactions. Buyers are still waiting for further price reductions, so there is no desire to buy, so the purchase of this group of people has been postponed to next year.
Statements by market participants about the ambiguous flow of the market also indicate the impossibility of predicting the car market even next year, while last year's experiences show an increase in prices after the Nowruz holiday. However, given the ambiguity of the dollar exchange rate, the possibility of political and economic openings in 1400, and the lifting of sanctions, it is not possible to comment definitively on the state of the car market and prices next year.
"In recent days, sales in the market reached the lowest level and except for real buyers, no referrals were made to the market, and the highest sales statistics were for domestic cars with a price of less than 400 to 500 million tomans, such as Peugeot 206, Pride, Peugeot 207 was allocated.” Nemat allah Kashani, manager of Tehran’s car show owners association told khodrocar reporter.
"At the same time, the car market was relatively calm and the price fluctuation in the market subsided, and this trend led to a decrease in false demand in the market, which led to a severe recession in the market on the eve of Eid night.” He added.
"In a situation where dealers have no role in setting prices and the foreign exchange market is calm, the bulk of car buying and selling is done by real consumers, and the car market has lost its former appeal.” He continued.
"The approach of the end of the year and the fear of a one-year decline in the market of cars increased the supply in the market by dealers and intermediaries. This is despite the fact that the production and supply of automakers were also growing, which, with the decline in current demand, further fueled the recession.” He said.
"Despite the easing of price fluctuations in the car market, it is still not possible to make an accurate forecast of car price trends next year. In general, market conditions in the new year are not predictable, but given that the market has moved away from the upward trend in prices compared to the past, the increase in prices seems far-fetched.” He said.
"Until a month ago, real consumers were in the market, but since Saturday last week, there were no customers in the market and transactions are at zero point and prices are still falling.” Saeed Motameni, expert of auto industry told khodrocar reporter.
"Prices have reached the level of December and this downward trend will continue, and if supply increases and the dollar exchange rate decreases, car prices in the market will decrease further. Currently, the prices recorded in online advertisements are about 5 or 6 million tomans more than the market, and the consumer in the market can buy a car cheaper.” He added.
Now we have to wait for the new year to determine the fate of the car market, because this market is strongly subject to political and economic decisions, and with each decision, prices will change.
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