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Iranian association: No reason for raising car prices

Business Materials 30 July 2019 19:14 (UTC +04:00)

Baku, Azerbaijan, July 30

By Elnur Baghishov – Trend:

Despite the falling prices in Iran’s car market, there is no reason for automakers in Iran to raise their factory prices, Head of the Auto Dealers Union of Iran Saeed Motameni told Fars News Agency, Trend reports.

According to him, automakers are increasing the price on the market by raising the price of their products.

Iranian automakers have recently increased the prices of some of their products.

Automobile brand

Previous price (million rials)

Current price (million rials)

Peugeot 206 V8

807

878

Peugeot Pars

783

861

Runna

713

674

Peugeot 405 SLX

680

761

Peugeot 207(mechanical)

679

999

Cars produced in Iran are put up for sale in two ways.

Firstly, in order to get the cars for sale at the factory price, customers need to register at the websites of the factory by making a payment; the vehicles are delivered within 3 months.

Secondly, it is possible to buy the car at a price higher that the factory price directly at an car market.

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