Title: Iran Khodro’s Eighth Vehicle Allocation Draw Concludes with High Public Participation
Tehran – The eighth public sales phase for Iran Khodro vehicles has been successfully completed, marking a significant event in the nation’s automotive sector. The registration period, which ran for one week, offered various purchase plans to cater to different citizen needs.
Oversight and Transparency
The lottery and priority-setting draw for this sales phase was conducted at 10 AM on Wednesday, October 16th. The event was held in the presence of representatives from official regulatory bodies, ensuring a transparent and fair process for all participants.
Overwhelming Public Response
This sales round witnessed immense public interest, with approximately 6.31 million individuals registering for a chance to purchase one of the 73,000 vehicles on offer. The high demand resulted in a highly competitive selection process, with the chance of success for any single applicant calculated at around 1.2 percent. On average, one vehicle was allocated for every 76 qualified registrants.
Eligibility and Allocation Quotas
From a total pool of over 6.09 million applicants, 5.65 million individuals were deemed eligible to participate. More than 40,000 registrations were disqualified due to failure to meet the required conditions.
The vehicle allocation was strategically distributed across key national initiatives:
- 50% were reserved for general applicants.
- 30% were allocated to registrants under the “Youthful Population” support scheme.
- 20% were designated for the “Vehicle Replacement” program for older cars.
Streamlined Sales Process
A notable feature of this sales phase was the simplified procedure for general applicants, who were able to register without the prior requirement of opening a trustee bank account. This policy change is seen as a key factor behind the substantial increase in registration numbers.
Vehicle Models and Purchase Plans
The offered models in this phase included the Peugeot 207, Tara, Soren, Dena, and Runna Plus. Applicants were permitted to select only one vehicle model, available through three distinct purchase plans: immediate delivery (30 days), special delivery (90 days), and pre-sale (delivery a minimum of four months after contract finalization).
Results and Next Steps
The results of the lottery have been officially announced. All participants are directed to check their status and any further instructions exclusively through the official Iran Khodro press website at ikcopress.ir.
