News ID: 4493
Publish Date : 26 December 2022 - 10:35

Possibility of increasing the price of imports by offering them on the stock market/is new imported shipments effective?

The first shipment of imported cars has entered the country at a price of 40,000 tomans, and also the sale of cars in the stock market with the aim of finding out the real price, not only is there not much hope for the market to calm down, but there is also an expectation that the prices will increase again.
Khodrocar - A look at the price range of new imported cars from 10,400 dollars to 19,400 dollars shows that although it is included in the definition of an economic car, but the calculation of these cars with the current dollar not only does not make them economic, but also ranks them among luxury cars. gives and shows with a thumb calculation that the lowest of these cars costs more than 915 million tomans and the most expensive one costs more than one billion and 700 million tomans, which will not help the average consumer in this situation.

Therefore, luxury drivers will be able to buy new imported cars, and the middle class will still wish to drive a foreign car. In the meantime, the question is raised, how effective can the reduction of tariffs and the supply of cars in the stock market be? Although the experts believe that due to the limited possibility of buying from the stock market, we will still see a limited number of people buying these cars, which will eventually lead to the possibility of buying and depots, as well as increasing the prices again.

"Although the arrival of new cars has a great effect on the market regulation, the restrictions on the entry of these cars in terms of price will not only have no effect, but will also lead to an increase in the price of domestic cars." Saeed Madani, former ceo of Saipa told khodrocar reporter.

"If the import was done according to a normal routine and there was no accumulated need in the country like in 2017, and the import was done easily and cars were imported as needed, the market adjustment and the price of foreign cars would not be so expensive. For example, in that period of time, the price of a foreign car worth 20,000 dollars, including 20,000 tomans, along with tariffs and other costs, was equivalent to 800 million tomans, but due to the restriction on imports, due to the imbalance in the supply and demand of the same car It turned into a 1.5 billion Toman car, and finally the consumers of these cars, who could no longer afford to buy, went for domestic cars, which led to the increase in the price of domestic cars." he added.

"Before this, the cars that were not produced and were imported, along with domestic cars of the same class but Chinese, were more expensive than domestic cars, which met the needs of the market to some extent, but in practice, due to the accumulated demand of the past 4 years and the price increase It seems that imported cars do not have the ability to control the market and car prices." Madani mentioned.

Referring to the daily increase in the price of the dollar in the market, he states: In the current situation, one should not only look at the price base, but one should see whether this car will saturate the market or not. Currently, a second-hand Korean car with 6 years of operation costs about two billion tomans, but in such a situation, if imported cars are not enough, with the assumption of reducing the tariff and supplying the car in the stock market, even if the price of the new car is lower than the old one. But again, due to the inability of all people to buy from the stock market and the possibility of buying only for professionals and their depots, there is a possibility that the prices will increase again.

Madani continues: In recent times, some domestic Chinese cars were sold in the stock market at a price equivalent to 800 million tomans, and the manufacturer's profit was also hidden in it, but when they were sold in the stock market, they were sold at a lower price than the market, and the car manufacturer from this The price benefited, but a few days later it was accompanied by an increase in the price in the market, which caused losses to the consumer.

This automobile industry expert states that the supply of cars in the stock market and the reduction of import tariffs, which leads to the reduction of the base price, will have an impact in certain circumstances, and states: Currently, domestic cars have not increased with inflation, but Due to the imbalance of supply and demand, we see a sharp increase in their prices in the market.

He adds: If car imports were carried out without conditions and limitations, the impact on the prices of foreign cars and then domestic cars would be greater, but now with the increase in the price of the dollar and the creation of restrictions, we will see an increase in the prices of imported cars on the one hand and domestic cars. Unless the number of cars increases enough to compensate the market's demand and to be able to control the annual demand.

Madani says: It seems that imports will not have a significant effect on prices unless the price limit is removed and cars that cannot be produced in the country are imported, so that along with increasing the production capacity of car manufacturers, the prices in the market will be calm.

He continues: The mechanism that currently exists between domestically produced cars and the market is that it does not matter at what price a domestic car is offered, because the demand determines the price, and the same mechanism is in place for imported cars, and it is important. It is not known at what price and tariff the imported car is bought and sold in the stock market, because many of them have entered the investment space, so the market price will determine the price in practice, so either the price of domestic cars should be completely freed or Foreign cars can easily be imported because with the current import of old foreign cars and cars over $25,000, they will experience a price increase again, which will affect other cars.