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Car pre-sale chaos in Iran: 1,000 cars for 800,000 buyers

Business Materials 30 December 2019 16:02 (UTC +04:00)
Car pre-sale chaos in Iran: 1,000 cars for 800,000 buyers

TEHRAN, Iran, Dec.30

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Iran's auto policy to promote pre-sales of domestically manufactured cars continues, member of Tehran Auto Dealers Association Alireza Pourhassani told Trend.

"Pre-sales of vehicles produced by two auto makers (Iran Khodro and SAIPA) will collect the uncertain amount of money that people are keen to invest in Iran's auto market," he said.

"Considering the policies regarding auto pre-sales, there will no longer be fake purchases by dealers, and vehicles will reach real customers," he added.

"The number of cars for pre-sales is usually not high, however the number of customers is," he said.

"While automakers set 1,000 autos for pre-sales, up to 800,000 people try to apply online for these pre-sales, and this causes registration problems," Pourhassani said.

"The prices for cars has increased during the last month of the current Iranian year (began March 21,2019), but it has since then normalized," he said.

"Currently the price of models including "Pride" is around 500 million rials (about $11,900), "Cerato" is 3.2 billion rials (about $78,000), while the prices of on Peugeot 206 is 920 million rials (about $21,900)," Pourhassani said.

"Other models, such as Peugeot 405 costs 820 million rials (about $19,500), Sandro Renault is 2.1 billion rials (about $50,000)," he said.

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