Rewritten Title: Market Turbulence: Domestic Car Prices Surge as Key Models Like Tara and 207 See Record Highs
Rewritten Article:
A Sharp Price Hike Rocks the Auto Market
As autumn begins, Iran’s free automobile market continues to experience significant volatility. In recent trading sessions, the majority of domestic and assembled vehicles have seen a marked upward trend in their prices. This surge has been particularly sharp for high-demand models like the Peugeot 207 Automatic and the Tara Automatic V4, pushing their prices to unprecedented levels.
Substantial Jumps: The Underlying Market Pressures
Market data indicates a clear and rapid increase in prices. The most significant changes are as follows:
- Peugeot 207 Automatic: This popular model experienced a dramatic jump, entering the price bracket of 1.25 billion tomans.
- Tara Automatic V4: Iran Khodro’s new sedan also saw a significant increase, now trading at approximately 1.332 billion tomans.
- Other Models: Other vehicles, including the Saipa Shahin and certain assembled models like the Foton pickup and Changan CS55, have also registered notable price growth.
Market analysts point to fluctuations in the exchange rate and the persistent gap between factory and open-market prices as the primary drivers behind this upward trend.
High Demand for Iran Khodro’s Extended Sales Initiative
In a related development, Iran Khodro Company has extended the deadline for its eighth public sales plan due to overwhelming public participation. The registration period, which was initially set to conclude, has now been extended by several days.
Experts attribute this record-breaking demand—with millions of applicants—to the removal of the requirement for a blocked escrow account, making the purchasing process more accessible for citizens. The sales plan offers popular models, including the Peugeot 207 family, Tara, Soren, and Dana, through immediate (30-day), special (90-day), and pre-sale (minimum 4-month) delivery options.
Import Policy Uncertainty Casts a Shadow
In the realm of imports, ambiguity continues to be the biggest obstacle. While a plan to import used cars under five years old has been approved, the final customs tariff rate remains undetermined. This lack of clarity has created a standstill, preventing importers from finalizing contracts and placing orders due to the unresolved dispute between the government and the parliament over the import duties.
Market Outlook for the Coming Season
Looking ahead, market specialists predict that the domestic auto market will continue to face significant price and supply challenges this autumn. This forecast is based on factors including a noticeable reduction in domestic production, ongoing import restrictions, and the persistent volatility of exchange rates.